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3 Surrey Lane

3 Surrey Lane, Old Westbury, NY 11568
Property in Old Westbury
Sold Feb 07, 2011
$2,610,000
$730,000 by Sterling National Mortgage Com
Mortgage Due Feb 01, 2026
Sold Mar 17, 2010
$2,400,000
$1,500,000 by Bethpage Fcu
Mortgage Due Apr 01, 2020
3 Surrey Lane in Old Westbury, NY was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 3 Surrey Lane has 6,587 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 90,082 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a mixed used garage. The garage is 736 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3 Surrey Lane sold most recently in Jan 5, 2011 for a total of $2,610,000. If you work out the math, that's approximately a cost of $396.24 per sqft. Before that, the property was also sold for $2,400,000 in Mar 9, 2010. 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 $42,771 in taxes each year. 3 Surrey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,433. If we break it down further, the land itself was valued at $1,110. Improvements to the property, however, were assessed at a total of $1,323. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1980
  • Effective Year Built: 1980
  • Total Rooms: 13
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 220
  • Garage Type: Mixed use
  • Garage Square Area: 736
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 90,082
  • Total Building Area: 6,587
  • Building Area: 6,587
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,587
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 2.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 315

Ownership

  • Current Owner : XU RICHARD
  • Current Owner 2: WANG KAREN
  • Previous Owner : ILL AN HWEE
  • Owner Before Previous Owner: COHEN ALAN
  • Owner Before Previous Owner 2: COHEN MERYL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 315
  • School Tax District Code 2: OW
  • Census Tract: 302502

Geography

  • District: 282231
  • Section: 19
  • Parcel: 19-00A-00-0504
  • Block: A
  • Lot: 504
  • Municipality: OLD WESTBURY
  • Latitude: 40.7924
  • Longitude: -73.6076

    Address

  • Full Address: 3 Surrey Ln
  • Address - House Number: 3
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Old Westbury
  • Carrier Code: C051
  • 4-Digit Zip Code: 1138
  • Zip Code: 11568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42,771
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 3,629,493
  • High Value: 4,239,872
  • Low Value: 3,019,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $730,000
  • First Open Lien Mortgage Lender: STERLING NATIONAL MORTGAGE COM
  • First Open Lien Mortgage Recording Date: Feb 07, 2011
  • First Open Lien Mortgage Loan Amount: $730,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2026

    Market Valuation

  • Market Total Value: $2,433,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,433
  • Assessed Land Value: $1,110
  • Assessed Improvements Value: $1,323

    Sales

  • Current Sale Contract Date: Jan 05, 2011
  • Current Sale Recording Date: Feb 07, 2011
  • Current Sale Transaction ID: 1167664873
  • Current Sale Price: $2,610,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2011020701188
  • Previous Sale Recording Date: Mar 17, 2010
  • Previous Sale Contract Date: Mar 09, 2010
  • Previous Sale Amount: $2,400,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING NATIONAL MORTGAGE COM
  • First Mortgage Transaction Date: Feb 07, 2011
  • First Mortgage Loan Amount: $730,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: BETHPAGE FCU
  • Previous Mortgage Transaction Date: Mar 17, 2010
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2020

About Old Westbury



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3 Surrey Lane located in?
The 3 Surrey Lane is a located in the neighborhood of Old Westbury in Old Westbury, Old Westbury.
What is the average sales price for listings in 3 Surrey Lane?
The average sales price for units in 3 Surrey Lane is $0 currently.

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