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48 Elderwood Lane

48 Elderwood Lane, Melville, NY 11747
Property in Melville
Sold Sep 22, 2016
$715,000
$429,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2046
Sold Jun 08, 2005
$455,000
This has been categorized as a residential property type. In total, the area measurement of the land is 7,841 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, 48 Elderwood Lane sold most recently in Aug 15, 2016 for a total of $715,000. Before that, the property was also sold for $455,000 in May 19, 2005. 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 $15,601 in taxes each year. 48 Elderwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,350. If we break it down further, the land itself was valued at $200. Improvements to the property, however, were assessed at a total of $4,150. 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. 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.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

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

    Dimensions

  • Lot Size Square Feet: 7,841
  • 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
  • Subdivision: KNICKERBOCKER KNOLLS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 1 LOT 2

Ownership

  • Current Owner : GUERRA SHEILAH
  • Current Owner 2: JOSE SHEREE SAN
  • Previous Owner : SHAMASH BRIAN B
  • Previous Owner 2: GORDON EMILY
  • Owner Before Previous Owner: THE SOUTH HUNTINGTON JEWI SH CENTER INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Half Hollow Hills Central School District
  • School Tax School District: HALF HOLLOW HIL
  • Census Tract: 112218

Zoning

  • Zoning: R7

Geography

  • District: 0400-2
  • Section: 235.00
  • Parcel: 0400-235.00-02.00-062.000
  • Block: 200
  • Lot: 62.000
  • Municipality: HUNTINGTON
  • Latitude: 40.802
  • Longitude: -73.4057

    Address

  • Full Address: 48 Elderwood Ln
  • Address - House Number: 48
  • Address - Street Name: Elderwood
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Melville
  • Carrier Code: C032
  • 4-Digit Zip Code: 1555
  • Zip Code: 11747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,601
  • Tax Rate Code Area: 472605

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,055,155
  • High Value: 1,305,307
  • Low Value: 805,002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $429,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2016
  • First Open Lien Mortgage Loan Amount: $429,000
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $7,909
  • Market Land Value: $364
  • Market Improvement Value: $7,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,350
  • Assessed Land Value: $200
  • Assessed Improvements Value: $4,150

    Sales

  • Current Sale Contract Date: Aug 15, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Transaction ID: 1876666054
  • Current Sale Price: $715,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jun 08, 2005
  • Previous Sale Contract Date: May 19, 2005
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 22, 2016
  • First Mortgage Loan Amount: $429,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Melville



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Frequently Asked Questions

What neighborhood is 48 Elderwood Lane located in?
The 48 Elderwood Lane is a located in the neighborhood of Melville in Melville, Melville.
What is the average sales price for listings in 48 Elderwood Lane?
The average sales price for units in 48 Elderwood Lane is $0 currently.

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