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371 Mill Road

371 Mill Road, Hewlett, NY 11557
House in Hewlett
Sold Oct 06, 2022
$585,000
$468,000 by Municipal Cu
Mortgage Due Oct 01, 2052
Local assessors in Hewlett, NY have categorized 371 Mill Road as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 371 Mill Road has a total of 1,571 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 detached garage for those who need a place to park their vehicle. The garage on the property is 160 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 wood shake/ shingles. Lots of alum/vinyl siding 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, 371 Mill Road sold most recently in Sep 27, 2022 for a total of $585,000. If you work out the math, that's approximately a cost of $372.37 per sqft. 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 $9,797 in taxes each year. 371 Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $435. If we break it down further, the land itself was valued at $164. Improvements to the property, however, were assessed at a total of $271. 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. 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.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

Parking

Private Parking
Detached Garage
Detached Garage: 1 Space

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 214
  • Garage Type: Detached
  • Garage Square Area: 160
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,571
  • Building Area: 1,571
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,571
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 014

Ownership

  • Current Owner : PERSAUD ROHAN
  • Current Owner 2: PERSAUD SUSAN
  • Previous Owner : LAPP KATHY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • Census Tract: 411700

Geography

  • District: 282089
  • Section: 39
  • Parcel: 39-094-00-0003
  • Block: 94
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.642
  • Longitude: -73.7035

    Address

  • Full Address: 371 Mill Rd
  • Address - House Number: 371
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hewlett
  • Carrier Code: C010
  • 4-Digit Zip Code: 1220
  • Zip Code: 11557

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,797
  • Tax Rate Code Area: 173

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 647,594
  • High Value: 767,227
  • Low Value: 527,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: MUNICIPAL CU
  • First Open Lien Mortgage Recording Date: Oct 06, 2022
  • First Open Lien Mortgage Loan Amount: $468,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $435,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435
  • Assessed Land Value: $164
  • Assessed Improvements Value: $271

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Transaction ID: 11896635694
  • Current Sale Price: $585,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-100083

    Last Sale Mortgage

  • First Mortgage Lender: MUNICIPAL CU
  • First Mortgage Transaction Date: Oct 06, 2022
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

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Frequently Asked Questions

What neighborhood is 371 Mill Road located in?
The 371 Mill Road is a house located in the neighborhood of Hewlett in Five Towns, Hewlett.
What is the average sales price for listings in 371 Mill Road?
The average sales price for units in 371 Mill Road is $0 currently.

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