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7 40th Street

7 40th Street, Islip, NY 11751
Property in Islip
Sold Aug 24, 2017
$400,000
$366,300 by Associated Mortgage Bankers In
Mortgage Due Sep 01, 2047
Sold Sep 14, 2006
$475,000
7 40th Street has been categorized by the local assessors in Islip, NY as a residential type of property. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 10,890 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 7 40th Street was last sold in Aug 8, 2017 for $400,000. Prior to that sales transaction, the property was sold for $475,000 in Aug 14, 2006. Current property owners are expected to pay $12,302 in taxes per year. The property on 7 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,300. To break that down further, the land itself was valued at $8,000. While improvements to the property were assessed at a total of $33,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP BROOKVILLE PARK
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: X2214718Y192731 T043H00000000

Ownership

  • Current Owner : STEFFENSON RYAN
  • Previous Owner : HAUSER THOMAS
  • Previous Owner 2: HAUSER MARY
  • Owner Before Previous Owner: LIFRIERI ROBERT W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 146103

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.24
  • Parcel: 0500-248.00-02.00-057.000
  • Block: 8000
  • Lot: 200.057
  • Municipality: ISLIP
  • Latitude: 40.752
  • Longitude: -73.2246

    Address

  • Full Address: 7 40th St
  • Address - House Number: 7
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C008
  • 4-Digit Zip Code: 1105
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,302
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 618,964
  • High Value: 761,627
  • Low Value: 476,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,300
  • First Open Lien Mortgage Lender: ASSOCIATED MORTGAGE BANKERS IN
  • First Open Lien Mortgage Recording Date: Aug 24, 2017
  • First Open Lien Mortgage Loan Amount: $366,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $567,308
  • Market Land Value: $109,890
  • Market Improvement Value: $457,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,300
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $33,300

    Sales

  • Current Sale Contract Date: Aug 08, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Transaction ID: 1736524747
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Sep 14, 2006
  • Previous Sale Contract Date: Aug 14, 2006
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED MORTGAGE BANKERS IN
  • First Mortgage Transaction Date: Aug 24, 2017
  • First Mortgage Loan Amount: $366,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

About Islip



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Frequently Asked Questions

What neighborhood is 7 40th Street located in?
The 7 40th Street is a located in the neighborhood of Islip in Islip, Islip.
What is the average sales price for listings in 7 40th Street?
The average sales price for units in 7 40th Street is $0 currently.

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