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358 Ocean Avenue

358 Ocean Avenue, Massapequa, NY 11758
Property in Massapequa
Sold Oct 29, 1999
$400,000
$320,000 by Sterling National Mtg Company
Mortgage Due Nov 01, 2029
358 Ocean Avenue in Massapequa, NY was first built in 1906 and is 118 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 style that we are currently unable to determine. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 358 Ocean Avenue has 2,480 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. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 20,255 square feet.

Learn more about the property and building on this page. There is a patio. 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 detached garage. There is one available parking space. 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 quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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. The property was last sold in Oct 4, 1999 for $400,000. That's $161.29 per sqft. 358 Ocean Avenue was last assessed in 2023. The total value of the property was assessed at $674. Specifically, the land the property is located on was valued at $345. While improvements on the property were assessed at a total of $329. 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 $18,366. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1906
  • Effective Year Built: 1906
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 438
  • Garage Type: Detached
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 20,255
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,480
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 28-33,41 TOWN #3 SCH DIST 023

Ownership

  • Current Owner : CANNON MICHAEL
  • Current Owner 2: CANNON KARA
  • Previous Owner : ROMEO ROBERT
  • Previous Owner 2: ROMEO JEANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Massapequa Union Free School District
  • School Tax School District: 023
  • Census Tract: 521301

Geography

  • District: 282489
  • Section: 57
  • Parcel: 57-143-00-0028
  • Block: 143
  • Lot: 28
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.6718
  • Longitude: -73.4709

    Address

  • Full Address: 358 Ocean Ave
  • Address - House Number: 358
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Massapequa
  • Carrier Code: C003
  • 4-Digit Zip Code: 5226
  • Zip Code: 11758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,366
  • Tax Rate Code Area: 557

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 889,651
  • High Value: 1,033,216
  • Low Value: 746,087

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: STERLING NATIONAL MTG COMPANY
  • First Open Lien Mortgage Recording Date: Oct 29, 1999
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2029
  • Second Open Lien Mortgage Lender: BETHPAGE FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 19, 2012
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Mar 28, 2042

    Market Valuation

  • Market Total Value: $674,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674
  • Assessed Land Value: $345
  • Assessed Improvements Value: $329

    Sales

  • Current Sale Contract Date: Oct 04, 1999
  • Current Sale Recording Date: Oct 29, 1999
  • Current Sale Transaction ID: 1104872296
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 199910291069

    Last Sale Mortgage

  • First Mortgage Lender: STERLING NATIONAL MTG COMPANY
  • First Mortgage Transaction Date: Oct 29, 1999
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2029

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Massapequa



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Frequently Asked Questions

What neighborhood is 358 Ocean Avenue located in?
The 358 Ocean Avenue is a located in the neighborhood of Massapequa in Massapequa, Massapequa.
What is the average sales price for listings in 358 Ocean Avenue?
The average sales price for units in 358 Ocean Avenue is $0 currently.

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