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301 Key Place

301 Key Place, Jericho, NY 11753
Property in Jericho
Sold Jul 10, 2013
$628,000
$348,000 by Summit Mortgage Bankers Inc
Mortgage Due Jul 01, 2043
Sold Mar 25, 2004
$150,000
Buyer
Seller
Local assessors in Jericho, NY have categorized 301 Key Place as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 8,400 square feet. The linear feet between the front and back of the lot was measured at 1,200 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 ranch/rambler style. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 301 Key Place has a total of 1,381 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. 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. 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 stone 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 - B-. 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, 301 Key Place was last sold in Jun 28, 2013 for $628,000. According to our calculations, that's $454.74 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Jan 15, 2004. Current property owners are expected to pay $15,187 in taxes per year. The property on 301 Key Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $712. To break that down further, the land itself was valued at $387. While improvements to the property were assessed at a total of $325. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Stone
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,381
  • Building Area: 1,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,381
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : LI WEN
  • Current Owner 2: LI BONNIE
  • Previous Owner : CHENG ANGELA
  • Previous Owner 2: YU ANGELA
  • Owner Before Previous Owner: CHENG ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518501

Geography

  • District: 282489
  • Section: 11
  • Parcel: 11-378-00-0001
  • Block: 378
  • Lot: 1
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.788
  • Longitude: -73.5411

    Address

  • Full Address: 301 Key Pl
  • Address - House Number: 301
  • Address - Street Name: Key
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Jericho
  • Carrier Code: C010
  • 4-Digit Zip Code: 1603
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,187
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 984,797
  • High Value: 1,146,390
  • Low Value: 823,203

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,374
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Jul 10, 2013
  • First Open Lien Mortgage Loan Amount: $348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 19, 2016
  • Second Open Lien Mortgage Loan Amount: $2,374
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Market Valuation

  • Market Total Value: $712,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712
  • Assessed Land Value: $387
  • Assessed Improvements Value: $325

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2013
  • Current Sale Recording Date: Jul 10, 2013
  • Current Sale Transaction ID: 1194588247
  • Current Sale Price: $628,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2013071001358
  • Previous Sale Recording Date: Mar 25, 2004
  • Previous Sale Contract Date: Jan 15, 2004
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Jul 10, 2013
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2043

About Jericho



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Frequently Asked Questions

What neighborhood is 301 Key Place located in?
The 301 Key Place is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 301 Key Place?
The average sales price for units in 301 Key Place is $0 currently.

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