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41 Lourae Drive

41 Lourae Drive, Massapequa Park, NY 11762
Sold Mar 02, 2021
$505,000
$479,750 by Home Point Financial Corp
Mortgage Due Jan 01, 2051
41 Lourae Drive has been categorized by the local assessors in Massapequa Park, NY as a residential type of property. The building on the property was first built in 1959 and is 65 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 41 Lourae Drive has 1,570 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 354 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 underground or in the basement for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of masonry. 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 oil. 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 Dec 28, 2020 for $505,000. That's $321.66 per sqft. 41 Lourae Drive was last assessed in 2023. The total value of the property was assessed at $485. Specifically, the land the property is located on was valued at $192. While improvements on the property were assessed at a total of $293. 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 $13,832. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Private Parking
Attached Garage
Attached Garage: 1 Space

Location

Near Public Transit
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: 354
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,570
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 022

Ownership

  • Current Owner : FLORES MICHAEL
  • Previous Owner : FERDINAND F STIMPFEL TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-573-00-0015
  • Block: 573
  • Lot: 15
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7036
  • Longitude: -73.439

    Address

  • Full Address: 41 Lourae Dr
  • Address - House Number: 41
  • 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: $13,832
  • Tax Rate Code Area: 616

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 76
  • Final Value: 615,151
  • High Value: 724,729
  • Low Value: 505,572

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,750
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $479,750
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $485,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485
  • Assessed Land Value: $192
  • Assessed Improvements Value: $293

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11823629197
  • Current Sale Price: $505,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-025301

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $479,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 41 Lourae Drive located in?
The 41 Lourae Drive is a house located in the neighborhood of East Massapequa in East Massapequa, Massapequa Park.
What is the average sales price for listings in 41 Lourae Drive?
The average sales price for units in 41 Lourae Drive is $515,000 currently.

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