by RH Advisors

See Home Value
$475,000
House - Off Market

55 Lorraine Road

Island Park, NY 11558
bedrooms
2 Beds
bathrooms
2 Baths
$518,773
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
104 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1929
Last updated: 2 years ago (OneKey MLS #3427598)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold $475,000
Sold
Oct 25, 2022 In contract -
In contract
Sep 6, 2022 Listed by Century 21 Scully Realty $489,000
Listed by Century 21 Scully Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Composition
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ISLAND PARK LONG BEACH
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 031

Ownership

  • Current Owner : BELLIN NEAL
  • Current Owner 2: BELLIN ANNE
  • Previous Owner : CICCONE FRANK
  • Previous Owner 2: CICCONE PATRICIA RYAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Island Park Union Free School District
  • School Tax School District: 031
  • School Tax District Code 2: IP
  • Census Tract: 416202

Geography

  • District: 282021
  • Section: 43
  • Parcel: 43-002-00-0130
  • Block: 2
  • Lot: 130
  • Municipality: ISLAND PARK
  • Latitude: 40.6093
  • Longitude: -73.6503

    Address

  • Full Address: 55 Lorraine Rd
  • Address - House Number: 55
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Island Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 1004
  • Zip Code: 11558

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,221
  • Tax Rate Code Area: 362

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 429,917
  • High Value: 505,937
  • Low Value: 353,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $403,700
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 02, 2023
  • First Open Lien Mortgage Loan Amount: $403,700
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $265,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265
  • Assessed Land Value: $119
  • Assessed Improvements Value: $146

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Jan 02, 2023
  • Current Sale Transaction ID: 11900397817
  • Current Sale Price: $475,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2023-14

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 02, 2023
  • First Mortgage Loan Amount: $403,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$438,000 Nov 18, 2020
$438,000 May 7, 2021
$463/mo
House
3 Beds
1 Bath
-
$500,000 Nov 7, 2020
$500,000 May 13, 2021
$833/mo
House
3 Beds
2 Baths
-
$530,000 Jun 10, 2020
$530,000 Aug 21, 2020
$947/mo
House
3 Beds
2 Baths
-
$524,000 Oct 2, 2020
$524,000 Dec 30, 2020
$689/mo
House
3 Beds
2 Baths
-
$569,000 Dec 4, 2021
$569,000 Feb 19, 2022
$667/mo
House
3 Beds
2 Baths
-
$499,500 Jan 5, 2019
$499,500 Oct 5, 2019
$833/mo
In Contract
House
2 Beds
1 Bath
-
$449,000 Jan 16, 2023
-
$508/mo
House
3 Beds
2 Baths
-
$459,999 Jan 20, 2023
-
$621/mo
House
3 Beds
2 Baths
-
$569,000 Jan 12, 2023
-
$917/mo
House
3 Beds
2 Baths
-
$529,000 Oct 14, 2022
-
$756/mo
House
3 Beds
1 Bath
-
$479,000 Feb 5, 2023
-
$589/mo
Co-op
2 Beds
2 Baths
-
$530,000 Sep 7, 2022
-
$375/mo

About Island Park


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Frequently Asked Questions

When was property at 55 Lorraine Road built and last sold?
The property at 55 Lorraine Road was built in 1929 and last sold on Dec 19, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 55 Lorraine Road is $493,890.
What are some comparable homes to 55 Lorraine Road?
There are currently no comparable homes to 55 Lorraine Road.

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