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4 Magnolia Lane

4 Magnolia Lane, Woodbury, NY 11797
Property in Woodbury
Sold Jan 13, 2012
$950,000
$712,500 by Citibank Na
Mortgage Due Dec 01, 2041
Sold Oct 12, 1999
$800,000
Local assessors in Woodbury, NY have categorized 4 Magnolia Lane as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 52,272 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 4 full bathrooms. There are also 4 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 4 Magnolia Lane has a total of 3,546 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 garage for those who need a place to park their vehicle. The garage on the property is 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4 Magnolia Lane was last sold in Nov 11, 2011 for $950,000. According to our calculations, that's $267.91 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Aug 26, 1999. Current property owners are expected to pay $34,495 in taxes per year. The property on 4 Magnolia Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,271. To break that down further, the land itself was valued at $637. While improvements to the property were assessed at a total of $634. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 48
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 3,546
  • Building Area: 3,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,546
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF TEIBROCK PARK SECTION #1
  • Land Acres: 1.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 013

Ownership

  • Current Owner : CHI CHANG YONG
  • Previous Owner : MOLLINS BRENDA P
  • Owner Before Previous Owner: GLASSMAN LILA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 013
  • Census Tract: 518203

Geography

  • District: 282489
  • Section: 14
  • Parcel: 14-019-00-0008
  • Block: 19
  • Lot: 8
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8212
  • Longitude: -73.456

    Address

  • Full Address: 4 Magnolia Ln
  • Address - House Number: 4
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Woodbury
  • Carrier Code: C002
  • 4-Digit Zip Code: 1507
  • Zip Code: 11797

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,495
  • Tax Rate Code Area: 534

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,767,484
  • High Value: 2,099,014
  • Low Value: 1,435,953

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $959,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 13, 2012
  • First Open Lien Mortgage Loan Amount: $712,500
  • 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: Dec 01, 2041
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Sep 21, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $246,500
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 31, 2041

    Market Valuation

  • Market Total Value: $1,271,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,271
  • Assessed Land Value: $637
  • Assessed Improvements Value: $634

    Sales

  • Current Sale Contract Date: Nov 11, 2011
  • Current Sale Recording Date: Jan 13, 2012
  • Current Sale Transaction ID: 1104602589
  • Current Sale Price: $950,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2012011301373
  • Previous Sale Recording Date: Oct 12, 1999
  • Previous Sale Contract Date: Aug 26, 1999
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jan 13, 2012
  • First Mortgage Loan Amount: $712,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2041

About Woodbury



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Frequently Asked Questions

What neighborhood is 4 Magnolia Lane located in?
The 4 Magnolia Lane is a located in the neighborhood of Woodbury in Woodbury, Woodbury.
What is the average sales price for listings in 4 Magnolia Lane?
The average sales price for units in 4 Magnolia Lane is $0 currently.

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