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37 Lourae Drive

37 Lourae Drive, Massapequa Park, NY 11762
Property in East Massapequa
Sold Mar 30, 2022
$595,000
$535,257 by Contour Mortgage Corp
Mortgage Due Apr 01, 2052
Sold Apr 11, 2019
$435,000
$348,000 by United Wholesale Mortgage
Mortgage Due May 01, 2049
Local assessors in Massapequa Park, NY have categorized 37 Lourae Drive as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 7,140 square feet. The linear feet between the front and back of the lot was measured at 1,050 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 split level style. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 37 Lourae Drive has a total of 1,694 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 478 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 average. 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 frame 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 - C+. The building has a roof that is made of shingle (not wood). Lots of masonry 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. 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, 37 Lourae Drive sold most recently in Mar 16, 2022 for a total of $595,000. If you work out the math, that's approximately a cost of $351.24 per sqft. Before that, the property was also sold for $435,000 in Apr 1, 2019. 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 $13,788 in taxes each year. 37 Lourae Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $491. If we break it down further, the land itself was valued at $194. Improvements to the property, however, were assessed at a total of $297. 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. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Private Parking

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 478
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,140
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,694
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 022

Ownership

  • Current Owner : GUITEAU DAVID
  • Previous Owner : CHUQUIRUNA MARTIN
  • Previous Owner 2: CHUQUIRUNA CHRISTINA
  • Owner Before Previous Owner: GIACONA SHARON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Farmingdale Union Free School District
  • School Tax School District: 022
  • Census Tract: 521801

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-573-00-0013
  • Block: 573
  • Lot: 13
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7036
  • Longitude: -73.4385

    Address

  • Full Address: 37 Lourae Dr
  • Address - House Number: 37
  • Address - Street Name: Lourae
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Massapequa Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 1126
  • Zip Code: 11762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,788
  • Tax Rate Code Area: 616

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 76
  • Final Value: 680,769
  • High Value: 803,351
  • Low Value: 558,187

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $601,230
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 30, 2022
  • First Open Lien Mortgage Loan Amount: $535,257
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Nov 20, 2023
  • Second Open Lien Mortgage Loan Amount: $65,973
  • Second Open Lien Mortgage Term: 340
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $491,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491
  • Assessed Land Value: $194
  • Assessed Improvements Value: $297

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11884852562
  • Current Sale Price: $595,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-38189
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Apr 01, 2019
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 30, 2022
  • First Mortgage Loan Amount: $535,257
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 11, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $348,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049

About East Massapequa



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Frequently Asked Questions

What neighborhood is 37 Lourae Drive located in?
The 37 Lourae Drive is a located in the neighborhood of East Massapequa in East Massapequa, Massapequa Park.
What is the average sales price for listings in 37 Lourae Drive?
The average sales price for units in 37 Lourae Drive is $0 currently.

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