NOT LISTED FOR SALE

506 Lancaster Ct Ridge, NY 11961

Estimated Value: $457,000 - $501,000

2 Beds
2 Baths
1,116 Sq Ft
$280/mo HOA Fee

Last Sold August 09, 2018

Last sale price $244,000 $219 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,126/month

31 Days on Market

Highlights

  • In Ground Pool
  • Terrace
  • Formal Dining Room
  • Active Adult
  • Tennis Courts
  • Attached Garage

About This Home

As of August 2018

Lovely Extended Westport Model With 2 Br/2 Full Baths, Attached 1 Car Garage. Neat, Clean And Sunny. Clubhouse With Gym, Heated Pool,Billards, Shuffleboard, Library, Clubs, Crafts And Bus Service To Local Shopping. Low Taxes! Sale Maybe Subject To Term And Conditions Of An Offering Plan., Additional information: Appearance:Excellent,ExterioFeatures:Tennis,Min Age:55

Last Agent to Sell the Property

Joanne Ambrosini

Douglas Elliman Real Estate License #40AM1013246 Listed on: 05/14/2018

Last Buyer's Agent

Natalia D'Arrigo

RE/MAX Signature Real Estate License #40DA1077095

RE/MAX Signature Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1983

Lot Details

  • 4,792

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Terrace

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 29000 / 300
  • Assessor Parcel Number 0200-241-10-03-00-029-000

Community Details

Overview

  • Active Adult
  • Association fees include cable TV
  • Extended Westport

Recreation

  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,507

Year Built

Built in 1983

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1983
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Basement: None, Unfinished
  • Inclusions: ,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
  • Stories: 1
  • Entry Level: 1
  • Total Bedrooms: 2
  • Living Area: 1116
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • Patio and Porch Features: Terrace

Garage/Parking

  • Parking Description: Attached

Utilities

  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV
  • Association Amenities: Tennis Court(s)
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Senior Community: Yes
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 5227
  • Parcel Number: 0200-241-10-03-00-029-000
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call

Tax Info

  • Tax Annual Amount: 5507.14
  • Tax Block: 300
  • Tax Lot: 29000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Posa Philip and Posa Dorothy
Bought by
Posa Family Irt and Posa
Current Estimated Value
$478,014

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 9, 2018
Sold by
Mueller Kenneth and Mueller William
Bought by
Posa Philip and Posa Dorothy
Seller's Agent
Joanne Ambrosini
Douglas Elliman Real Estate
Buyer's Agent
Natalia D'Arrigo
RE/MAX Signature Real Estate
List Price
$259,999
Sold Price
$244,000
Premium/Discount to List
-$15,999
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$195,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2001
Sold by
Mueller William
Bought by
Mueller Kenneth

Purchase Details

Closed on
Feb 18, 2000
Sold by
Wunschel Henry J and Wunschel Rose
Bought by
Mueller William
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Posa Family Irt -- None Available
Posa Philip -- --
Mueller Kenneth -- Fidelity National Title Ins
Mueller William $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posa Philip $195,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $244,000 -- --
08/09/2018 08/09/18 Sold $244,000 -6.2% $219 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $259,999 -- $233 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,988 $1,440 $325 $1,115
2023 $3,988 $1,440 $325 $1,115
2022 $3,316 $1,440 $325 $1,115
2021 $3,316 $1,440 $325 $1,115
2020 $3,240 $1,440 $325 $1,115
2019 $3,240 $0 $0 $0
2018 $3,122 $1,440 $325 $1,115
2017 $3,122 $1,440 $325 $1,115
2016 $3,106 $1,440 $325 $1,115
2015 -- $1,440 $325 $1,115
2014 -- $1,440 $325 $1,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3029804

OneKey® MLS

APN: 0200-241-10-03-00-029-000