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55 Oxford Road

55 Oxford Road, East Rockaway, NY 11518
House in Bay Park
Sold May 11, 2021
$668,000
$632,111 by Intercontinential Capital Grp
Mortgage
Sold Feb 02, 2012
$300,000
$240,000 by Capital One Na
Mortgage Due Feb 01, 2027
Local assessors in East Rockaway, NY have categorized 55 Oxford Road as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there is one full bathroom. There are also 2 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 Oxford Road has a total of 1,721 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 559 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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, 55 Oxford Road sold most recently in Apr 30, 2021 for a total of $668,000. If you work out the math, that's approximately a cost of $388.15 per sqft. Before that, the property was also sold for $300,000 in Jan 12, 2012. 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 $12,933 in taxes each year. 55 Oxford Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $503. If we break it down further, the land itself was valued at $214. Improvements to the property, however, were assessed at a total of $289. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Waterfront

Access to Beach

Parking

Private Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • 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: 559
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,721
  • Building Area: 1,721
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,721
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 019

Ownership

  • Current Owner : LOKOYI OLAWALE B
  • Previous Owner : MONASTERO SALVATORE
  • Previous Owner 2: ABATE CATHERINE
  • Owner Before Previous Owner: PICONE TINA
  • Owner Before Previous Owner 2: COSTELLO MICHAEL DANIEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Rockaway Union Free School District
  • School Tax School District: 019
  • Census Tract: 412200

Geography

  • District: 282089
  • Section: 42
  • Parcel: 42-278-00-0010
  • Block: 278
  • Lot: 10
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.635
  • Longitude: -73.6713

    Address

  • Full Address: 55 Oxford Rd
  • Address - House Number: 55
  • Address - Street Name: Oxford
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: East Rockaway
  • Carrier Code: C005
  • 4-Digit Zip Code: 2317
  • Zip Code: 11518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,933
  • Tax Rate Code Area: 234

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 703,190
  • High Value: 827,940
  • Low Value: 578,441

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $707,944
  • First Open Lien Mortgage Lender: INTERCONTINENTIAL CAPITAL GRP
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $632,111
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Apr 20, 2023
  • Second Open Lien Mortgage Loan Amount: $75,833
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $503,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503
  • Assessed Land Value: $214
  • Assessed Improvements Value: $289

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11836609563
  • Current Sale Price: $668,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-062616
  • Previous Sale Recording Date: Feb 02, 2012
  • Previous Sale Contract Date: Jan 12, 2012
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Administrator's Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCONTINENTIAL CAPITAL GRP
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $632,111
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL ONE NA
  • Previous Mortgage Transaction Date: Feb 02, 2012
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2027

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Frequently Asked Questions

What neighborhood is 55 Oxford Road located in?
The 55 Oxford Road is a house located in the neighborhood of Bay Park in Bay Park, East Rockaway.
What is the average sales price for listings in 55 Oxford Road?
The average sales price for units in 55 Oxford Road is $0 currently.

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