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47 Saratoga Drive

47 Saratoga Drive, Jericho, NY 11753
Property in Jericho
Sold Jul 28, 2016
$1,200,000
$500,000 by Cathay Bank
Mortgage Due Aug 01, 2031
Sold Jun 26, 2009
$750,000
47 Saratoga Drive 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 1964 and is 60 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 47 Saratoga Drive has 2,821 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 1,230 ft and across the front of the lot is 960 ft. The area measurement of the land has been determined as 11,413 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 420 sqft. 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 B- by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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, 47 Saratoga Drive sold most recently in Jul 12, 2016 for a total of $1,200,000. If you work out the math, that's approximately a cost of $425.38 per sqft. Before that, the property was also sold for $750,000 in Jun 17, 2009. 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 $28,758 in taxes each year. 47 Saratoga Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,174. If we break it down further, the land itself was valued at $513. Improvements to the property, however, were assessed at a total of $661. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,413
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,821
  • Building Area: 2,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,821
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF BIRCHWOOD AT JERICHO
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : LU YONGFU
  • Previous Owner : COHEN BRIAN D
  • Previous Owner 2: COHEN JENNIFER
  • Owner Before Previous Owner: FUSCO JOSEPH M
  • Owner Before Previous Owner 2: FUSCO JILL SPRUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518501

Geography

  • District: 282489
  • Section: 11
  • Parcel: 11-481-00-0001
  • Block: 481
  • Lot: 1
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7776
  • Longitude: -73.5505

    Address

  • Full Address: 47 Saratoga Dr
  • Address - House Number: 47
  • Address - Street Name: Saratoga
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Jericho
  • Carrier Code: C020
  • 4-Digit Zip Code: 1448
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,758
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 1,475,230
  • High Value: 1,737,479
  • Low Value: 1,212,982

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2016
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Aug 01, 2031

    Market Valuation

  • Market Total Value: $1,174,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,174
  • Assessed Land Value: $513
  • Assessed Improvements Value: $661

    Sales

  • Current Sale Contract Date: Jul 12, 2016
  • Current Sale Recording Date: Jul 28, 2016
  • Current Sale Transaction ID: 1692189379
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600073205
  • Previous Sale Recording Date: Jun 26, 2009
  • Previous Sale Contract Date: Jun 17, 2009
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Jul 28, 2016
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2031

About Jericho



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Frequently Asked Questions

What neighborhood is 47 Saratoga Drive located in?
The 47 Saratoga Drive is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 47 Saratoga Drive?
The average sales price for units in 47 Saratoga Drive is $0 currently.

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