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2940 Ryder Road

2940 Ryder Road, Newark, NY 14513
Property in Arcadia
Sold Dec 10, 2015
$82,000
$80,514 by Citizens Bank
Mortgage Due Jan 01, 2046
Sold Dec 24, 2014
$72,000
2940 Ryder Road has been categorized by the local assessors in Newark, NY as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2940 Ryder Road has 1,664 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 800 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 4,250 ft and across the front of the lot is 2,250 ft. The area measurement of the land has been determined as 95,396 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 attached garage for those who require parking. The garage measured 352 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing electric heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2940 Ryder Road sold most recently in Dec 9, 2015 for a total of $82,000. If you work out the math, that's approximately a cost of $49.28 per sqft. Before that, the property was also sold for $72,000 in Dec 12, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,698 in taxes each year. 2940 Ryder Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,200. If we break it down further, the land itself was valued at $19,900. Improvements to the property, however, were assessed at a total of $88,300. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 800
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 95,396
  • Lot Size Depth Feet: 4,250
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,664
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 2.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 36113-00-452488

Ownership

  • Current Owner : COLACINO MATTHEW J
  • Previous Owner : THE SUMMIT FEDERAL CREDIT UNION
  • Owner Before Previous Owner: BARNES AS REFEREE STEFANIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark Central School District
  • School Tax School District: NEWARK
  • Census Tract: 021000

Zoning

  • Zoning: AG

Geography

  • District: 542089
  • Section: 68.113
  • Parcel: 542089 68113-00-481492
  • Lot: 481.492
  • Municipality: ARCADIA (TOV)
  • Latitude: 43.1133
  • Longitude: -77.0908

    Address

  • Full Address: 2940 Ryder Rd
  • Address - House Number: 2940
  • Address - Street Name: Ryder
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newark
  • Carrier Code: R001
  • 4-Digit Zip Code: 9337
  • Zip Code: 14513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,698
  • Tax Rate Code Area: 542001

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 178,025
  • High Value: 221,852
  • Low Value: 134,199

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $125,014
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Dec 10, 2015
  • First Open Lien Mortgage Loan Amount: $80,514
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2046
  • Second Open Lien Mortgage Lender: CITIZENS BANK
  • Second Open Lien Mortgage Recording Date: Aug 18, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $44,500
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $169,063
  • Market Land Value: $31,094
  • Market Improvement Value: $137,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,200
  • Assessed Land Value: $19,900
  • Assessed Improvements Value: $88,300

    Sales

  • Current Sale Contract Date: Dec 09, 2015
  • Current Sale Recording Date: Dec 10, 2015
  • Current Sale Transaction ID: 1439255196
  • Current Sale Price: $82,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 24, 2014
  • Previous Sale Contract Date: Dec 12, 2014
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Dec 10, 2015
  • First Mortgage Loan Amount: $80,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2046

About Wayne



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Frequently Asked Questions

What neighborhood is 2940 Ryder Road located in?
The 2940 Ryder Road is a located in the neighborhood of Arcadia in Wayne, Newark.
What is the average sales price for listings in 2940 Ryder Road?
The average sales price for units in 2940 Ryder Road is $0 currently.

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