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245 Oyster Bay Road

245 Oyster Bay Road, Locust Valley, NY 11560
Multifamily in Locust Valley
Sold Jun 29, 2021
$475,000
$403,750 by Cardinal Financial Co
Mortgage
245 Oyster Bay Road has been categorized by the local assessors in Locust Valley, NY as a residential type of property. The building on the property was first built in 1972 and is 52 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 245 Oyster Bay Road has 2,516 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,030 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 7,140 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 245 Oyster Bay Road was last sold in Feb 23, 2021 for $475,000. According to our calculations, that's $188.79 per sqft. Current property owners are expected to pay $18,941 in taxes per year. The property on 245 Oyster Bay Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $671. To break that down further, the land itself was valued at $266. While improvements to the property were assessed at a total of $405. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,140
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,516
  • Building Area: 2,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,516
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 004

Ownership

  • Current Owner : BROWN ROSS
  • Current Owner 2: BROWN MARIA
  • Previous Owner : JACKMAN EILEEN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 004
  • Census Tract: 517802

Geography

  • District: 282489
  • Section: 29
  • Parcel: 29-R02-00-1131
  • Block: R02
  • Lot: 1131
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8757
  • Longitude: -73.576

    Address

  • Full Address: 245 Oyster Bay Rd
  • Address - House Number: 245
  • Address - Street Name: Oyster Bay
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Locust Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 2326
  • Zip Code: 11560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,941
  • Tax Rate Code Area: 515

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 939,287
  • High Value: 1,116,429
  • Low Value: 762,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $403,750
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $403,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $671,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $671
  • Assessed Land Value: $266
  • Assessed Improvements Value: $405

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11842398027
  • Current Sale Price: $475,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-085146

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL CO
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $403,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Locust Valley



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Frequently Asked Questions

What neighborhood is 245 Oyster Bay Road located in?
The 245 Oyster Bay Road is a multifamily located in the neighborhood of Locust Valley in Locust Valley, Locust Valley.
What is the average sales price for listings in 245 Oyster Bay Road?
The average sales price for units in 245 Oyster Bay Road is $0 currently.

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