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87 Millay Lane

87 Millay Lane, Bay Shore, NY 11706
Property in Bay Shore
Sold Jun 10, 2016
$304,220
Buyer
Seller
$298,709 by Plaza Home Mortgage Inc
Mortgage Due Jun 01, 2046
Sold Mar 05, 2015
$150,000
87 Millay Lane has been categorized by the local assessors in Bay Shore, NY as a residential type of property. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 11,761 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. 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, 87 Millay Lane sold most recently in May 18, 2016 for a total of $304,220. Before that, the property was also sold for $150,000 in Jan 30, 2015. 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 $10,609 in taxes each year. 87 Millay Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,500. If we break it down further, the land itself was valued at $8,100. Improvements to the property, however, were assessed at a total of $25,400. 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. 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. 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

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

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • 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 OF LONG ISLAND SEASHORE COMPANY
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T039H00000000

Ownership

  • Current Owner : PABON HENRY
  • Previous Owner : LUKENLIV LLC
  • Owner Before Previous Owner: SARAVIA ANNA
  • Owner Before Previous Owner 2: RAMOS JOSE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 146005

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.29
  • Parcel: 0500-291.00-01.00-007.001
  • Block: 1000
  • Lot: 100.007
  • Municipality: ISLIP
  • Latitude: 40.7468
  • Longitude: -73.2511

    Address

  • Full Address: 87 Millay Ln
  • Address - House Number: 87
  • Address - Street Name: Millay
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C006
  • 4-Digit Zip Code: 4329
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,609
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 563,694
  • High Value: 705,931
  • Low Value: 421,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,709
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2016
  • First Open Lien Mortgage Loan Amount: $298,709
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $460,165
  • Market Land Value: $111,264
  • Market Improvement Value: $348,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,500
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $25,400

    Sales

  • Current Sale Contract Date: May 18, 2016
  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Transaction ID: 1639477630
  • Current Sale Price: $304,220
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Mar 05, 2015
  • Previous Sale Contract Date: Jan 30, 2015
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jun 10, 2016
  • First Mortgage Loan Amount: $298,709
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

About Bay Shore



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Frequently Asked Questions

What neighborhood is 87 Millay Lane located in?
The 87 Millay Lane is a located in the neighborhood of Bay Shore in Bay Shore, Bay Shore.
What is the average sales price for listings in 87 Millay Lane?
The average sales price for units in 87 Millay Lane is $0 currently.

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