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31 Cherry Lane

31 Cherry Lane, Syosset, NY 11791
Property in Syosset
Sold Aug 30, 2016
$915,000
$823,400 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2046
Sold May 28, 2014
$848,000
31 Cherry Lane has been categorized by the local assessors in Syosset, NY as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. 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, 31 Cherry Lane has 2,623 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 30,492 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 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The property was last sold in Aug 10, 2016 for $915,000. That's $348.84 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2014 for $848,000. 31 Cherry Lane was last assessed in 2023. The total value of the property was assessed at $972. Specifically, the land the property is located on was valued at $446. While improvements on the property were assessed at a total of $526. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $24,974. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • 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: Unfinished basement
  • Basement Area: 220
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 2,623
  • Building Area: 2,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,623
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 012

Ownership

  • Current Owner : SALOMON BENJAMIN
  • Current Owner 2: SALOMON BAILEY
  • Previous Owner : 2 HILLSIDE AVENUE LLC
  • Owner Before Previous Owner: COSULICH ANNE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 012
  • Census Tract: 518300

Geography

  • District: 282489
  • Section: 25
  • Parcel: 25-038-00-0008
  • Block: 38
  • Lot: 8
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8379
  • Longitude: -73.4894

    Address

  • Full Address: 31 Cherry Ln
  • Address - House Number: 31
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Syosset
  • Carrier Code: C023
  • 4-Digit Zip Code: 1809
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,974
  • Tax Rate Code Area: 587

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 1,254,451
  • High Value: 1,478,029
  • Low Value: 1,030,873

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $823,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2016
  • First Open Lien Mortgage Loan Amount: $823,400
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $972,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $972
  • Assessed Land Value: $446
  • Assessed Improvements Value: $526

    Sales

  • Current Sale Contract Date: Aug 10, 2016
  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Transaction ID: 1765163263
  • Current Sale Price: $915,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600084382
  • Previous Sale Recording Date: May 28, 2014
  • Previous Sale Contract Date: Apr 21, 2014
  • Previous Sale Amount: $848,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 30, 2016
  • First Mortgage Loan Amount: $823,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Syosset



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Frequently Asked Questions

What neighborhood is 31 Cherry Lane located in?
The 31 Cherry Lane is a located in the neighborhood of Syosset in Syosset, Syosset.
What is the average sales price for listings in 31 Cherry Lane?
The average sales price for units in 31 Cherry Lane is $0 currently.

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