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42 Fern Drive East

42 Fern Drive East, Jericho, NY 11753
Property in Jericho
Sold Aug 21, 2015
$855,000
$417,000 by Mortgage World Bankers Inc
Mortgage Due Sep 01, 2030
42 Fern Drive East has been categorized by the local assessors in Jericho, NY as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. 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, 42 Fern Drive East has 2,993 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 1,131 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 1,060 ft and across the front of the lot is 990 ft. The area measurement of the land has been determined as 10,230 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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 a material which is produced from two or more constituent materials. 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. 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. 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 Fern Drive East sold most recently in Aug 12, 2015 for a total of $855,000. If you work out the math, that's approximately a cost of $285.67 per sqft. 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 $21,923 in taxes each year. 42 Fern Drive East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $918. If we break it down further, the land itself was valued at $438. Improvements to the property, however, were assessed at a total of $480. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Raised Ranch
  • Exterior Walls Type: Composition
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,131
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,230
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,993
  • Building Area: 2,993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,993
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF SUBURBAN ESTATES AT JERICHO
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : WANG YI
  • Current Owner 2: LUK KATIE
  • Previous Owner : COHEN LAWRENCE
  • Previous Owner 2: COHEN LYNN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-618-00-0006
  • Block: 618
  • Lot: 6
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7968
  • Longitude: -73.5314

    Address

  • Full Address: 42 Fern Dr
  • Address - House Number: 42
  • Address - Street Name: Fern
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Jericho
  • Carrier Code: C016
  • 4-Digit Zip Code: 1838
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,923
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,215,301
  • High Value: 1,414,717
  • Low Value: 1,015,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: MORTGAGE WORLD BANKERS INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2015
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030

    Market Valuation

  • Market Total Value: $918,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $918
  • Assessed Land Value: $438
  • Assessed Improvements Value: $480

    Sales

  • Current Sale Contract Date: Aug 12, 2015
  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Transaction ID: 1744399586
  • Current Sale Price: $855,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201500001594

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE WORLD BANKERS INC
  • First Mortgage Transaction Date: Aug 21, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2030

About Jericho



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Frequently Asked Questions

What neighborhood is 42 Fern Drive East located in?
The 42 Fern Drive East is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 42 Fern Drive East?
The average sales price for units in 42 Fern Drive East is $0 currently.

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