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52 Phipps Lane

52 Phipps Lane, Plainview, NY 11803
Property in Plainview
Sold Jul 16, 2019
$699,000
$362,000 by Home Point Financial Corp
Mortgage
Sold Jul 21, 2009
$505,000
$390,000 by Td Bank Na
Mortgage Due Aug 01, 2039
52 Phipps Lane has been categorized by the local assessors in Plainview, NY as a residential type of property. The building on the property was first built in 1955 and is 69 years old. 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, 52 Phipps Lane has 1,812 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 625 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 1,130 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 13,939 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 masonry. 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 oil. There is a single fireplace in the home. Perfect for those wintery nights. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 52 Phipps Lane was last sold in Jun 26, 2019 for $699,000. According to our calculations, that's $385.76 per sqft. Prior to that sales transaction, the property was sold for $505,000 in Jul 15, 2009. Current property owners are expected to pay $17,147 in taxes per year. The property on 52 Phipps Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $652. To break that down further, the land itself was valued at $352. While improvements to the property were assessed at a total of $300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 625
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,812
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 019

Ownership

  • Current Owner : KIM OK SUN
  • Previous Owner : URBAN RICHARD
  • Previous Owner 2: URBAN MICHELLE
  • Owner Before Previous Owner: PAIK YOUNG GEWN
  • Owner Before Previous Owner 2: PAIK YON SOOK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plainview-Old Bethpage Central School District
  • School Tax School District: 019
  • Census Tract: 519703

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-539-00-0019
  • Block: 539
  • Lot: 19
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.786
  • Longitude: -73.4908

    Address

  • Full Address: 52 Phipps Ln
  • Address - House Number: 52
  • Address - Street Name: Phipps
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Plainview
  • Carrier Code: C013
  • 4-Digit Zip Code: 1948
  • Zip Code: 11803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,147
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 933,740
  • High Value: 1,090,080
  • Low Value: 777,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $362,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $362,000
  • 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: $652,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $652
  • Assessed Land Value: $352
  • Assessed Improvements Value: $300

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jul 16, 2019
  • Current Sale Transaction ID: 11628195788
  • Current Sale Price: $699,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019-058415
  • Previous Sale Recording Date: Jul 21, 2009
  • Previous Sale Contract Date: Jul 15, 2009
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: METRO CITY BANK
  • First Mortgage Transaction Date: Jul 16, 2019
  • First Mortgage Loan Amount: $349,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TD BANK NA
  • Previous Mortgage Transaction Date: Jul 21, 2009
  • Previous Mortgage Loan Amount: $390,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Plainview



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Frequently Asked Questions

What neighborhood is 52 Phipps Lane located in?
The 52 Phipps Lane is a located in the neighborhood of Plainview in Plainview, Plainview.
What is the average sales price for listings in 52 Phipps Lane?
The average sales price for units in 52 Phipps Lane is $0 currently.

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