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61 Oakwood Avenue

61 Oakwood Avenue, Farmingdale, NY 11735
Sold Mar 16, 2000
$224,900
$202,410 by Nassau Educators Fcu
Mortgage
Local assessors in Farmingdale, NY have categorized 61 Oakwood Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,000 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 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there are 2 full bathrooms. 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 61 Oakwood Avenue has a total of 1,201 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 alum/vinyl siding 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, 61 Oakwood Avenue sold most recently in Feb 29, 2000 for a total of $224,900. If you work out the math, that's approximately a cost of $187.26 per sqft. 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 $10,820 in taxes each year. 61 Oakwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $428. If we break it down further, the land itself was valued at $231. Improvements to the property, however, were assessed at a total of $197. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,201
  • Building Area: 1,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,201
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 022

Ownership

  • Current Owner : VEGA VINCENT R
  • Current Owner 2: VEGA MICHELLE
  • Previous Owner : SCUTELLARO MICHAEL E
  • Previous Owner 2: FERRERO PAMELA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmingdale Union Free School District
  • School Tax School District: 022
  • Census Tract: 520600

Geography

  • District: 282489
  • Section: 48
  • Parcel: 48-289-00-0076
  • Block: 289
  • Lot: 76
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7144
  • Longitude: -73.4406

    Address

  • Full Address: 61 Oakwood Ave
  • Address - House Number: 61
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Farmingdale
  • Carrier Code: C030
  • 4-Digit Zip Code: 5924
  • Zip Code: 11735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,820
  • Tax Rate Code Area: 674

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 575,727
  • High Value: 668,633
  • Low Value: 482,821

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $330,383
  • First Open Lien Mortgage Lender: NASSAU EDUCATORS FCU
  • First Open Lien Mortgage Recording Date: Mar 16, 2000
  • First Open Lien Mortgage Loan Amount: $202,410
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: NASSAU EDUCATORS FCU
  • Second Open Lien Mortgage Recording Date: Dec 14, 2011
  • Second Open Lien Mortgage Loan Amount: $127,973
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $428,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428
  • Assessed Land Value: $231
  • Assessed Improvements Value: $197

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2000
  • Current Sale Recording Date: Mar 16, 2000
  • Current Sale Transaction ID: 1115446649
  • Current Sale Price: $224,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 200003161031

    Last Sale Mortgage

  • First Mortgage Lender: NASSAU EDUCATORS FCU
  • First Mortgage Transaction Date: Mar 16, 2000
  • First Mortgage Loan Amount: $202,410
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About South Farmingdale



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Frequently Asked Questions

What neighborhood is 61 Oakwood Avenue located in?
The 61 Oakwood Avenue is a located in the neighborhood of South Farmingdale in South Farmingdale, Farmingdale.
What is the average sales price for listings in 61 Oakwood Avenue?
The average sales price for units in 61 Oakwood Avenue is $0 currently.

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