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40 Old Lyme Road

40 Old Lyme Road, Chappaqua, NY 10514
Property in New Castle
Sold Sep 09, 2008
$950,000
$720,000 by American Mortgage Network Inc
Mortgage Due Sep 01, 2038
Local assessors in Chappaqua, NY have categorized 40 Old Lyme Road as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 51,836 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 40 Old Lyme Road has a total of 2,470 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. 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. The property was last sold in Aug 19, 2008 for $950,000. That's $384.62 per sqft. 40 Old Lyme Road was last assessed in 2023. The total value of the property was assessed at $141,000. Specifically, the land the property is located on was valued at $35,500. While improvements on the property were assessed at a total of $105,500. 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 $21,475. 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. 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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,470
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.19
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOLOMON ADAM
  • Current Owner 2: SOLOMON LAUREN
  • Previous Owner : BIREN STEVEN R
  • Previous Owner 2: BIREN PHYLLIS L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chappaqua Central School District
  • School Tax School District: CHAPPAQUA
  • Census Tract: 013102

Zoning

  • Zoning: R-1A

Geography

  • Account Number: 5239170
  • District: 553600
  • Section: 100.16
  • Parcel: 553600 100.16-3-10
  • Block: 3
  • Lot: 10.000
  • Municipality: NEW CASTLE
  • Latitude: 41.1518
  • Longitude: -73.7612

    Address

  • Full Address: 40 Old Lyme Rd
  • Address - House Number: 40
  • Address - Street Name: Old Lyme
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Chappaqua
  • Carrier Code: C007
  • 4-Digit Zip Code: 3806
  • Zip Code: 10514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,475
  • Tax Rate Code Area: 553604

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 1,226,647
  • High Value: 1,526,877
  • Low Value: 926,417

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $819,009
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Sep 09, 2008
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: Sep 01, 2038
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 16, 2009
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $88,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 16, 2039
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Sep 19, 2011
  • Third Open Lien Mortgage Loan Amount: $11,009
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $952,703
  • Market Land Value: $239,865
  • Market Improvement Value: $712,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,000
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $105,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2008
  • Current Sale Recording Date: Sep 09, 2008
  • Current Sale Transaction ID: 1112628048
  • Current Sale Price: $950,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 0482460316

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Sep 09, 2008
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2038

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Frequently Asked Questions

What neighborhood is 40 Old Lyme Road located in?
The 40 Old Lyme Road is a located in the neighborhood of New Castle in Westchester, Chappaqua.
What is the average sales price for listings in 40 Old Lyme Road?
The average sales price for units in 40 Old Lyme Road is $0 currently.

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