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7 Magnolia Drive

7 Magnolia Drive, Mahopac, NY 10541
House in Somers
Sold Nov 06, 1995
$109,000
Local assessors in Mahopac, NY have categorized 7 Magnolia Drive as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 4,072 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 400 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 is one full bathroom. There is also a partial bathroom. 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 7 Magnolia Drive has a total of 880 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 none system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's a forced air unit 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. The property was last sold in Oct 5, 1995 for $109,000. That's $123.86 per sqft. 7 Magnolia Drive was last assessed in 2023. The total value of the property was assessed at $28,300. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $24,300. 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 $6,382. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking

Waterfront

Waterfront

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,072
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 880
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SECOND MAP LAKE LINCOLNDALE
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RICE JAMES A
  • Previous Owner : SIWICKI LOIS H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somers Central School District
  • School Tax School District: SOMERS
  • Census Tract: 014907

Zoning

  • Zoning: R-10

Geography

  • Account Number: 4329000
  • District: 555200
  • Section: 5.15
  • Parcel: 555200 5.15-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: SOMERS
  • Latitude: 41.3465
  • Longitude: -73.7287

    Address

  • Full Address: 7 Magnolia Dr
  • Address - House Number: 7
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R005
  • 4-Digit Zip Code: 5343
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,382
  • Tax Rate Code Area: 555201

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 389,343
  • High Value: 478,366
  • Low Value: 300,321

    Market Valuation

  • Market Total Value: $291,452
  • Market Land Value: $41,195
  • Market Improvement Value: $250,257

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,300
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $24,300

    Sales

  • Current Sale Contract Date: Oct 05, 1995
  • Current Sale Recording Date: Nov 06, 1995
  • Current Sale Transaction ID: 1196336290
  • Current Sale Price: $109,000
  • Current Sale Document Type: Deed

About Lincolndale



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Frequently Asked Questions

What neighborhood is 7 Magnolia Drive located in?
The 7 Magnolia Drive is a house located in the neighborhood of Somers in Lincolndale, Mahopac.
What is the average sales price for listings in 7 Magnolia Drive?
The average sales price for units in 7 Magnolia Drive is $0 currently.

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