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497 Chestnut Lane

497 Chestnut Lane, East Meadow, NY 11554
Property in East Meadow
Sold Mar 15, 2018
$470,000
$399,500 by Intercontinental Capital Group
Mortgage
Sold Sep 25, 2007
$435,000
497 Chestnut Lane in East Meadow, NY was first built in 1951 and is 73 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 497 Chestnut Lane has 1,527 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 580 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 7,956 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 6, 2018 for $470,000. That's $307.79 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2007 for $435,000. 497 Chestnut Lane was last assessed in 2023. The total value of the property was assessed at $503. Specifically, the land the property is located on was valued at $296. While improvements on the property were assessed at a total of $207. 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 $11,285. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,956
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,527
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HEMPSTEAD TERRACE GARDENS SEC 3
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 003

Ownership

  • Current Owner : PRINGLE JAMES B
  • Current Owner 2: PRINGLE MYRNA
  • Previous Owner : LAVERDA SUSAN
  • Previous Owner 2: BYRNE EDWARD
  • Owner Before Previous Owner: WEINBERG PHYLLIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Meadow Union Free School District
  • School Tax School District: 003
  • Census Tract: 408000

Geography

  • District: 282089
  • Section: 50
  • Parcel: 50-468-00-0024
  • Block: 468
  • Lot: 24
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7064
  • Longitude: -73.568

    Address

  • Full Address: 497 Chestnut Ln
  • Address - House Number: 497
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: East Meadow
  • Carrier Code: C014
  • 4-Digit Zip Code: 3714
  • Zip Code: 11554

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,285
  • Tax Rate Code Area: 038

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 672,194
  • High Value: 789,719
  • Low Value: 554,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,500
  • First Open Lien Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Open Lien Mortgage Recording Date: Mar 15, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $399,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $503,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503
  • Assessed Land Value: $296
  • Assessed Improvements Value: $207

    Sales

  • Current Sale Contract Date: Mar 06, 2018
  • Current Sale Recording Date: Mar 15, 2018
  • Current Sale Transaction ID: 11448961730
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20180023823
  • Previous Sale Recording Date: Sep 25, 2007
  • Previous Sale Contract Date: Aug 16, 2007
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Mortgage Transaction Date: Mar 15, 2018
  • First Mortgage Loan Amount: $399,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 497 Chestnut Lane located in?
The 497 Chestnut Lane is a located in the neighborhood of East Meadow in East Meadow, East Meadow.
What is the average sales price for listings in 497 Chestnut Lane?
The average sales price for units in 497 Chestnut Lane is $0 currently.

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