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55 Newmarket Road

55 Newmarket Road, Garden City, NY 11530
Property in Garden City
Sold Jul 19, 2019
$810,000
$511,500 by Jp Morgan Chase Bank
Mortgage
Local assessors in Garden City, NY have categorized 55 Newmarket Road as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 8,240 square feet. The linear feet between the front and back of the lot was measured at 1,040 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 55 Newmarket Road has a total of 1,582 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of shingle (not wood). Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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 Newmarket Road was last sold in Jul 11, 2019 for $810,000. According to our calculations, that's $512.01 per sqft. Current property owners are expected to pay $10,420 in taxes per year. The property on 55 Newmarket Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $779. To break that down further, the land itself was valued at $524. While improvements to the property were assessed at a total of $255. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,240
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,582
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,582
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 018

Ownership

  • Current Owner : CHALUPA BRADLEY
  • Previous Owner : LOCOPO TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garden City Union Free School District
  • School Tax School District: 018
  • School Tax District Code 2: GC
  • Census Tract: 406400

Geography

  • District: 282011
  • Section: 33
  • Parcel: 33-557-00-0035
  • Block: 557
  • Lot: 35-38
  • Municipality: GARDEN CITY
  • Latitude: 40.7302
  • Longitude: -73.667

    Address

  • Full Address: 55 Newmarket Rd
  • Address - House Number: 55
  • Address - Street Name: Newmarket
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Garden City
  • Carrier Code: C034
  • 4-Digit Zip Code: 1103
  • Zip Code: 11530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,420
  • Tax Rate Code Area: 401

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 1,038,107
  • High Value: 1,232,156
  • Low Value: 844,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $511,500
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $511,500
  • 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: $779,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $779
  • Assessed Land Value: $524
  • Assessed Improvements Value: $255

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Transaction ID: 11633613209
  • Current Sale Price: $810,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019-060015

About Garden City



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Frequently Asked Questions

What neighborhood is 55 Newmarket Road located in?
The 55 Newmarket Road is a located in the neighborhood of Garden City in Garden City, Garden City.
What is the average sales price for listings in 55 Newmarket Road?
The average sales price for units in 55 Newmarket Road is $0 currently.

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