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42 Cherry Street

42 Cherry Street, Central Islip, NY 11722
Property in Central Islip
Sold Mar 17, 2023
$490,000
$481,124 by Quontic Bank
Mortgage Due Apr 01, 2051
This has been categorized as a residential property type. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 970. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. 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, 42 Cherry Street sold most recently in Jun 23, 2022 for a total of $490,000. 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 $6,862 in taxes each year. 42 Cherry Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,400. If we break it down further, the land itself was valued at $4,800. Improvements to the property, however, were assessed at a total of $24,600. 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 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. 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
Attached Garage
Attached Garage: 1 Space
Garage Parking
On-Street Parking

Driveway

Driveway

Location

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EDZ X2219702Y202327 T024H00000000

Ownership

  • Current Owner : FORTUNATO RITA
  • Current Owner 2: GUZMAN-MEJIA HAROLD N
  • Previous Owner : SMITH JANICE
  • Previous Owner 2: SMITH JAMES B
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 146203

Zoning

  • Zoning: B

Geography

  • District: 0500-1
  • Section: 50.16
  • Parcel: 0500-164.00-01.00-052.000
  • Block: 4000
  • Lot: 100.052
  • Municipality: ISLIP
  • Latitude: 40.7782
  • Longitude: -73.2063

    Address

  • Full Address: 42 Cherry St
  • Address - House Number: 42
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4141
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,862
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 452,942
  • High Value: 518,287
  • Low Value: 387,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $481,124
  • First Open Lien Mortgage Lender: QUONTIC BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2023
  • First Open Lien Mortgage Loan Amount: $481,124
  • First Open Lien Mortgage Term: 336
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $403,846
  • Market Land Value: $65,934
  • Market Improvement Value: $337,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,400
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $24,600

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Transaction ID: 11919836309
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUONTIC BANK
  • First Mortgage Transaction Date: Mar 17, 2023
  • First Mortgage Loan Amount: $481,124
  • First Mortgage Terms: 336
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Central Islip



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Nearby Rentals

Unit for rent at 300 Carlton Avenue, Central Islip, NY, 11722

$4,673 /mo

  • 1 Bed
  • 1 Bath
  • 1,423 ft²
300 Carlton Avenue #8119, Central Islip, NY, 11722 Listing by Rita B Bender

Frequently Asked Questions

What neighborhood is 42 Cherry Street located in?
The 42 Cherry Street is a located in the neighborhood of Central Islip in Central Islip, Central Islip.
What is the average sales price for listings in 42 Cherry Street?
The average sales price for units in 42 Cherry Street is $0 currently.

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