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88 Chestnut Street

88 Chestnut Street, Lynbrook, NY 11563
Multifamily in Lynbrook
Sold Jun 02, 2022
$630,000
$472,500 by Loandepot.com Llc
Mortgage Due Jun 01, 2052
Sold Dec 02, 1999
$200,000
$160,000 by Delta Funding Corp
Mortgage Due Oct 26, 2029
88 Chestnut Street has been categorized by the local assessors in Lynbrook, NY as a residential type of property. The building on the property was first built in 1928 and is 96 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, 88 Chestnut Street has 1,420 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 980 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,960 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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 stucco. 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 oil. 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. 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, 88 Chestnut Street was last sold in May 25, 2022 for $630,000. According to our calculations, that's $443.66 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Oct 25, 1999. Current property owners are expected to pay $10,231 in taxes per year. The property on 88 Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $485. To break that down further, the land itself was valued at $173. While improvements to the property were assessed at a total of $312. 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. 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!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.

Building Features

Exterior

Stucco Exterior

Parking

Private Parking
Detached Garage
Detached Garage: 1 Space
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,960
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,420
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : CANKES ROBERT
  • Current Owner 2: CANKES DIANA
  • Previous Owner : ANDINO VINCENT
  • Previous Owner 2: ANDINO BERTHA
  • Owner Before Previous Owner: GOELLNER WILLIAM P
  • Owner Before Previous Owner 2: GOELLNER PATRICIA A
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: LYN
  • Census Tract: 412000

Geography

  • District: 282025
  • Section: 38
  • Parcel: 38-047-00-0087
  • Block: 47
  • Lot: 87-88
  • Municipality: LYNBROOK
  • Latitude: 40.6643
  • Longitude: -73.6658

    Address

  • Full Address: 88 Chestnut St
  • Address - House Number: 88
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lynbrook
  • Carrier Code: C009
  • 4-Digit Zip Code: 1810
  • Zip Code: 11563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,231
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 640,597
  • High Value: 743,971
  • Low Value: 537,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $472,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $485,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485
  • Assessed Land Value: $173
  • Assessed Improvements Value: $312

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889513848
  • Current Sale Price: $630,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-61251
  • Previous Sale Recording Date: Dec 02, 1999
  • Previous Sale Contract Date: Oct 25, 1999
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: DELTA FUNDING CORP
  • Previous Mortgage Transaction Date: Dec 02, 1999
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 26, 2029

About Lynbrook



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Frequently Asked Questions

What neighborhood is 88 Chestnut Street located in?
The 88 Chestnut Street is a multifamily located in the neighborhood of Lynbrook in Lynbrook, Lynbrook.
What is the average sales price for listings in 88 Chestnut Street?
The average sales price for units in 88 Chestnut Street is $0 currently.

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