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6 Loretta Drive

6 Loretta Drive, Syosset, NY 11791
Property in Syosset
Sold Jul 11, 2018
$6,450,000
$360,000 by Metro City Bank
Mortgage Due Jul 01, 2048
Local assessors in Syosset, NY have categorized 6 Loretta Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 8,643 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 480 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 6 Loretta Drive has a total of 1,486 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 308 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. 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. The property was last sold in Jun 21, 2018 for $6,450,000. That's $4,340.51 per sqft. 6 Loretta Drive was last assessed in 2023. The total value of the property was assessed at $639. Specifically, the land the property is located on was valued at $370. While improvements on the property were assessed at a total of $269. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $17,505. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 308
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,643
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,486
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 014

Ownership

  • Current Owner : HUANG CHANGYI
  • Previous Owner : SCHWARTZ BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518700

Geography

  • District: 282489
  • Section: 15
  • Parcel: 15-129-00-0024
  • Block: 129
  • Lot: 24
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8021
  • Longitude: -73.5008

    Address

  • Full Address: 6 Loretta Dr
  • Address - House Number: 6
  • Address - Street Name: Loretta
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Syosset
  • Carrier Code: C005
  • 4-Digit Zip Code: 5817
  • Zip Code: 11791

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,505
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 869,638
  • High Value: 1,009,972
  • Low Value: 729,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: METRO CITY BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $639,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639
  • Assessed Land Value: $370
  • Assessed Improvements Value: $269

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Transaction ID: 11488151915
  • Current Sale Price: $6,450,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2018-060820

    Last Sale Mortgage

  • First Mortgage Lender: METRO CITY BANK
  • First Mortgage Transaction Date: Jul 11, 2018
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 6 Loretta Drive located in?
The 6 Loretta Drive is a located in the neighborhood of Syosset in Syosset, Syosset.
What is the average sales price for listings in 6 Loretta Drive?
The average sales price for units in 6 Loretta Drive is $0 currently.

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