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79 Lorraine Road

79 Lorraine Road, Island Park, NY 11558
Multifamily in Island Park
79 Lorraine Road has been categorized by the local assessors in Island Park, NY as a residential type of property. The building on the property was first built in 1962 and is 62 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 79 Lorraine Road has 2,112 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 11, 2020 for $590,000. That's $279.36 per sqft. Prior to that sales transaction, the property was also sold in Feb 8, 2017 for $150,000. 79 Lorraine Road was last assessed in 2023. The total value of the property was assessed at $419. Specifically, the land the property is located on was valued at $152. While improvements on the property were assessed at a total of $267. 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 $7,976. 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

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

Private Parking

Location

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200616
06/16/2020
6 Bed
2 Bath
-
$595,000
bedrooms
6 Bed
bathrooms
2 Bath
$590,000 -0.84%
12/23/2020
Sergey Borohov
Coldwell Banker American Homes

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,112
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF ISLAND PARK
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 031

Ownership

  • Current Owner : ABRAMOVICH ALEX
  • Current Owner 2: GOLDENSTEIN LENA
  • Previous Owner : NO DOUBLES CAPITAL CORP
  • Owner Before Previous Owner: LASUSA LEA
  • Owner Before Previous Owner 2: ESTATE OF GAETANO THOMAS CAMIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Island Park Union Free School District
  • School Tax School District: 031
  • School Tax District Code 2: IP
  • Census Tract: 416202

Geography

  • District: 282021
  • Section: 43
  • Parcel: 43-002-00-0207
  • Block: 2
  • Lot: 207
  • Municipality: ISLAND PARK
  • Latitude: 40.6103
  • Longitude: -73.6502

    Address

  • Full Address: 79 Lorraine Rd
  • Address - House Number: 79
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Island Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 1084
  • Zip Code: 11558

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,976
  • Tax Rate Code Area: 362

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 701,359
  • High Value: 831,549
  • Low Value: 571,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,500
  • First Open Lien Mortgage Lender: NATIONWIDE MORTGAGE BANKERS
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $442,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $419,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419
  • Assessed Land Value: $152
  • Assessed Improvements Value: $267

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11810351753
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-126591
  • Previous Sale Recording Date: Feb 25, 2017
  • Previous Sale Contract Date: Feb 08, 2017
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONWIDE MORTGAGE BANKERS
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $442,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Island Park



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Frequently Asked Questions

What neighborhood is 79 Lorraine Road located in?
The 79 Lorraine Road is a multifamily located in the neighborhood of Island Park in Island Park, Island Park.
What is the average sales price for listings in 79 Lorraine Road?
The average sales price for units in 79 Lorraine Road is $595,000 currently.

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