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29 Mellow Lane

29 Mellow Lane, Jericho, NY 11753
Property in Jericho
Sold Aug 16, 2016
$835,000
$501,000 by Metro City Bank
Mortgage Due Aug 01, 2047
Sold Jul 22, 1999
$387,500
$310,000 by American Home Mtg
Mortgage Due Jul 01, 2029
Local assessors in Jericho, NY have categorized 29 Mellow Lane as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 8,050 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29 Mellow Lane has a total of 1,909 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 396 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 brick 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 oil. 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, 29 Mellow Lane was last sold in Aug 3, 2016 for $835,000. According to our calculations, that's $437.40 per sqft. Prior to that sales transaction, the property was sold for $387,500 in Jun 14, 1999. Current property owners are expected to pay $23,482 in taxes per year. The property on 29 Mellow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $951. To break that down further, the land itself was valued at $430. While improvements to the property were assessed at a total of $521. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 396
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,909
  • Building Area: 1,909
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,909
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : BI XIAO YUE
  • Previous Owner : SOLOMON CHARLES
  • Previous Owner 2: SOLOMON LISA
  • Owner Before Previous Owner: LUBITZ LAWRENCE J
  • Owner Before Previous Owner 2: LUBITZ SAMUEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-511-00-0020
  • Block: 511
  • Lot: 20
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7923
  • Longitude: -73.5259

    Address

  • Full Address: 29 Mellow Ln
  • Address - House Number: 29
  • Address - Street Name: Mellow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jericho
  • Carrier Code: C001
  • 4-Digit Zip Code: 2244
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,482
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,179,338
  • High Value: 1,396,942
  • Low Value: 961,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,000
  • First Open Lien Mortgage Lender: METRO CITY BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2017
  • First Open Lien Mortgage Loan Amount: $501,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $951,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $951
  • Assessed Land Value: $430
  • Assessed Improvements Value: $521

    Sales

  • Current Sale Contract Date: Aug 03, 2016
  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Transaction ID: 1747169193
  • Current Sale Price: $835,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600079036
  • Previous Sale Recording Date: Jul 22, 1999
  • Previous Sale Contract Date: Jun 14, 1999
  • Previous Sale Amount: $387,500
  • Previous Sale Document Type: Executor's Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MTG
  • Previous Mortgage Transaction Date: Jul 22, 1999
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2029

About Jericho



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Frequently Asked Questions

What neighborhood is 29 Mellow Lane located in?
The 29 Mellow Lane is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 29 Mellow Lane?
The average sales price for units in 29 Mellow Lane is $0 currently.

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