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338 Park Lane

338 Park Lane, Massapequa Park, NY 11762
Property in Massapequa Park
Sold Oct 12, 2016
$415,000
$442,843 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
338 Park Lane has been categorized by the local assessors in Massapequa Park, NY as a residential type of property. The building on the property was first built in 1954 and is 70 years old. 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, 338 Park Lane has 1,251 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 196 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 1,170 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,020 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 underground or in the basement for those who require parking. According to our sources, there is one available parking space. 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 average. 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 C by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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. 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 Oct 12, 2016 for $415,000. That's $331.73 per sqft. 338 Park Lane was last assessed in 2023. The total value of the property was assessed at $450. Specifically, the land the property is located on was valued at $192. While improvements on the property were assessed at a total of $258. 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 $11,454. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 196
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,251
  • Building Area: 1,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,251
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF PARK LANE MANOR SECTION THREE
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 023

Ownership

  • Current Owner : LAMB TIMOTHY
  • Current Owner 2: RYAN VICTORIA
  • Previous Owner : CURTIN JOAN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • Census Tract: 521801

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-532-00-0026
  • Block: 532
  • Lot: 26
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.6947
  • Longitude: -73.4373

    Address

  • Full Address: 338 Park Ln
  • Address - House Number: 338
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Massapequa Park
  • Carrier Code: C022
  • 4-Digit Zip Code: 1426
  • Zip Code: 11762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,454
  • Tax Rate Code Area: 591

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 625,883
  • High Value: 735,064
  • Low Value: 516,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,843
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $442,843
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450
  • Assessed Land Value: $192
  • Assessed Improvements Value: $258

    Sales

  • Current Sale Contract Date: Oct 12, 2016
  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Transaction ID: 1820715253
  • Current Sale Price: $415,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600100502

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Oct 12, 2016
  • First Mortgage Loan Amount: $394,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Massapequa Park



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Frequently Asked Questions

What neighborhood is 338 Park Lane located in?
The 338 Park Lane is a located in the neighborhood of Massapequa Park in Massapequa Park, Massapequa Park.
What is the average sales price for listings in 338 Park Lane?
The average sales price for units in 338 Park Lane is $0 currently.

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