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229 Ocean Avenue

229 Ocean Avenue, Malverne, NY 11565
Property in Malverne
Refi Apr 08, 2021
Transfer
$288,875 by Quicken Loans Inc
Mortgage Due Feb 01, 2034
Local assessors in Malverne, NY have categorized 229 Ocean Avenue as a residential type of property. The home was built in 1903 and is 121 years old. The property's lot size has been calculated to be 4,360 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 229 Ocean Avenue has a total of 1,471 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,447 in taxes each year. 229 Ocean Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $410. If we break it down further, the land itself was valued at $155. Improvements to the property, however, were assessed at a total of $255. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,360
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,471
  • Building Area: 1,471
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,471
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 38
  • Parcel: 38-020-00-0465
  • Block: 20
  • Lot: 465-466
  • Municipality: MALVERNE
  • Latitude: 40.6733
  • Longitude: -73.6631

    Address

  • Full Address: 229 Ocean Ave
  • Address - House Number: 229
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Malverne
  • Carrier Code: C002
  • 4-Digit Zip Code: 2119
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,447
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 636,728
  • High Value: 744,181
  • Low Value: 529,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,875
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $288,875
  • First Open Lien Mortgage Term: 153
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2034

    Market Valuation

  • Market Total Value: $410,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410
  • Assessed Land Value: $155
  • Assessed Improvements Value: $255

    Exemptions

  • Homeowner Exemption: Yes

About Malverne



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Frequently Asked Questions

What neighborhood is 229 Ocean Avenue located in?
The 229 Ocean Avenue is a located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 229 Ocean Avenue?
The average sales price for units in 229 Ocean Avenue is $0 currently.

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