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400 Ocean Avenue

400 Ocean Avenue, Lawrence, NY 11559
Property in Lawrence
Sold Sep 30, 2020
$2,525,000
$510,000 by Fm Home Loans Llc
Mortgage
Sold Jan 17, 2003
$2,335,000
400 Ocean Avenue has been categorized by the local assessors in Lawrence, NY as a residential type of property. The building on the property was first built in 1988 and is 36 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 400 Ocean Avenue has 5,483 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,540 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 39,988 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 910 sqft. According to our sources, there are a total of 4 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 2, 2020 for $2,525,000. That's $460.51 per sqft. Prior to that sales transaction, the property was also sold in Dec 16, 2002 for $2,335,000. 400 Ocean Avenue was last assessed in 2023. The total value of the property was assessed at $1,761. Specifically, the land the property is located on was valued at $825. While improvements on the property were assessed at a total of $936. 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 $23,007. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1988
  • Effective Year Built: 1988
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Excellent
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 887
  • Garage Type: Garage
  • Garage Square Area: 910
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 39,988
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 550
  • Total Building Area: 5,483
  • Building Area: 5,483
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,483
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 015

Ownership

  • Current Owner : JACOBS DANIEL
  • Current Owner 2: JACOBS RACHEL
  • Previous Owner : EISENBERG LAWRENCE
  • Owner Before Previous Owner: ACKERMAN JACOB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: LAW
  • Census Tract: 411600

Geography

  • District: 282023
  • Section: 41
  • Parcel: 41-015-00-0019
  • Block: 15
  • Lot: 19
  • Municipality: LAWRENCE
  • Latitude: 40.6105
  • Longitude: -73.7193

    Address

  • Full Address: 400 Ocean Ave
  • Address - House Number: 400
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 2736
  • Zip Code: 11559

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,007
  • Tax Rate Code Area: 204

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 2,582,142
  • High Value: 3,016,387
  • Low Value: 2,147,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: FM HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,761,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,761
  • Assessed Land Value: $825
  • Assessed Improvements Value: $936

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11791773375
  • Current Sale Price: $2,525,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2020-090704
  • Previous Sale Recording Date: Jan 17, 2003
  • Previous Sale Contract Date: Dec 16, 2002
  • Previous Sale Amount: $2,335,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Five Towns



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Frequently Asked Questions

What neighborhood is 400 Ocean Avenue located in?
The 400 Ocean Avenue is a located in the neighborhood of Lawrence in Five Towns, Lawrence.
What is the average sales price for listings in 400 Ocean Avenue?
The average sales price for units in 400 Ocean Avenue is $0 currently.

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