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5 Derby Road

5 Derby Road, Port Washington, NY 11050
Property in Port Washington
Sold Sep 19, 2022
$825,000
Buyer
Seller
$495,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2052
Sold Feb 21, 2014
$599,000
5 Derby Road in Port Washington, NY was first built in 1941 and is 83 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 Cape Cod style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 Derby Road has 1,323 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 620 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,300 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. 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. For those who need parking, there is a garage. The garage is 220 sqft. There is one available parking space. 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 good. 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. 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, 5 Derby Road sold most recently in Sep 8, 2022 for a total of $825,000. If you work out the math, that's approximately a cost of $623.58 per sqft. Before that, the property was also sold for $599,000 in Feb 12, 2014. 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 $11,001 in taxes each year. 5 Derby Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $698. If we break it down further, the land itself was valued at $319. Improvements to the property, however, were assessed at a total of $379. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Parking

Private Parking
Attached Garage
Attached Garage: 1 Space

Location

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,323
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 004

Ownership

  • Current Owner : BOVIS ANGELO
  • Previous Owner : BROWN LESLIE
  • Owner Before Previous Owner: PETRUSKIE DOROTHY C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Port Washington Union Free School District
  • School Tax School District: 004
  • Census Tract: 301300

Geography

  • District: 282289
  • Section: 5
  • Parcel: 05-J03-00-0123
  • Block: J03
  • Lot: 123
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.8208
  • Longitude: -73.6812

    Address

  • Full Address: 5 Derby Rd
  • Address - House Number: 5
  • Address - Street Name: Derby
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Port Washington
  • Carrier Code: C003
  • 4-Digit Zip Code: 4203
  • Zip Code: 11050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,001
  • Tax Rate Code Area: 809

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 845,772
  • High Value: 998,510
  • Low Value: 693,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 19, 2022
  • First Open Lien Mortgage Loan Amount: $495,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $698,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $698
  • Assessed Land Value: $319
  • Assessed Improvements Value: $379

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Transaction ID: 11895937024
  • Current Sale Price: $825,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-94999
  • Previous Sale Recording Date: Feb 21, 2014
  • Previous Sale Contract Date: Feb 12, 2014
  • Previous Sale Amount: $599,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 19, 2022
  • First Mortgage Loan Amount: $495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

About Port Washington



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Frequently Asked Questions

What neighborhood is 5 Derby Road located in?
The 5 Derby Road is a located in the neighborhood of Port Washington in Port Washington, Port Washington.
What is the average sales price for listings in 5 Derby Road?
The average sales price for units in 5 Derby Road is $0 currently.

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