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55 Elder Drive

55 Elder Drive, Commack, NY 11725
Property in Commack
Sold May 17, 2010
$405,000
$405,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2040
Sold May 30, 1996
$50,000
55 Elder Drive has been categorized by the local assessors in Commack, NY as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 55 Elder Drive has 2,247 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,761 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. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 55 Elder Drive was last sold in May 5, 2010 for $405,000. According to our calculations, that's $180.24 per sqft. Prior to that sales transaction, the property was sold for $50,000 in May 15, 1996. Current property owners are expected to pay $12,517 in taxes per year. The property on 55 Elder Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,081. To break that down further, the land itself was valued at $300. While improvements to the property were assessed at a total of $5,781. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,247
  • Building Area: 2,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,247
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 91.-3-60 *2480 LOT 188 MAYFAIR ESTS SEC D

Ownership

  • Current Owner : RENADETTE TREVOR M
  • Current Owner 2: MCAULEY MEGHAN E
  • Previous Owner : SULLIVAN DONALD
  • Owner Before Previous Owner: SULLIVAN BERNADETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Commack Union Free School District
  • School Tax School District: COMMACK
  • Census Tract: 135102

Geography

  • District: 0800-0
  • Section: 91.00
  • Parcel: 0800-091.00-03.00-060.000
  • Block: 3
  • Lot: 60.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8485
  • Longitude: -73.2733

    Address

  • Full Address: 55 Elder Dr
  • Address - House Number: 55
  • Address - Street Name: Elder
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Commack
  • Carrier Code: C002
  • 4-Digit Zip Code: 2331
  • Zip Code: 11725

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,517
  • Tax Rate Code Area: 472610

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 792,513
  • High Value: 1,005,868
  • Low Value: 579,158

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $461,976
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 17, 2010
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2040
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK N A
  • Second Open Lien Mortgage Recording Date: Nov 14, 2012
  • Second Open Lien Mortgage Loan Amount: $6,976
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Third Open Lien Mortgage Lender: BETHPAGE FCU
  • Third Open Lien Mortgage Recording Date: Sep 12, 2019
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 348
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Market Valuation

  • Market Total Value: $6,990
  • Market Land Value: $345
  • Market Improvement Value: $6,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,081
  • Assessed Land Value: $300
  • Assessed Improvements Value: $5,781

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2010
  • Current Sale Recording Date: May 17, 2010
  • Current Sale Transaction ID: 1124693139
  • Current Sale Price: $405,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: May 30, 1996
  • Previous Sale Contract Date: May 15, 1996
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 17, 2010
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2040

About Commack



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Frequently Asked Questions

What neighborhood is 55 Elder Drive located in?
The 55 Elder Drive is a located in the neighborhood of Commack in Commack, Commack.
What is the average sales price for listings in 55 Elder Drive?
The average sales price for units in 55 Elder Drive is $0 currently.

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