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106 Balsam Lane

106 Balsam Lane, Levittown, NY 11756
Property in Levittown
Sold Apr 14, 2022
$429,000
$236,500 by Solera National Bank
Mortgage Due Apr 04, 2052
Sold Jul 28, 1999
$143,000
$142,850 by First West Mtg Bankers Ltd
Mortgage Due Aug 01, 2029
106 Balsam Lane in Levittown, NY was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 106 Balsam Lane has 1,050 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a material which is produced from two or more constituent materials. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. 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, 106 Balsam Lane sold most recently in Apr 4, 2022 for a total of $429,000. If you work out the math, that's approximately a cost of $408.57 per sqft. Before that, the property was also sold for $143,000 in Jul 16, 1999. 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 $8,260 in taxes each year. The initial year of tax delinquency occurred in 2021. 106 Balsam Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $386. If we break it down further, the land itself was valued at $231. Improvements to the property, however, were assessed at a total of $155. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Parking

Private Parking
No Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Composition
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 026

Ownership

  • Current Owner : ARAZA RD LLC
  • Previous Owner : MORSE KENNETH
  • Owner Before Previous Owner: GROSSMAN BERNICE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Island Trees Union Free School District
  • School Tax School District: 026
  • Census Tract: 409000

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-216-00-0006
  • Block: 216
  • Lot: 6
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7248
  • Longitude: -73.5007

    Address

  • Full Address: 106 Balsam Ln
  • Address - House Number: 106
  • Address - Street Name: Balsam
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C020
  • 4-Digit Zip Code: 4904
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,260
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 509,487
  • High Value: 602,657
  • Low Value: 416,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,500
  • First Open Lien Mortgage Lender: SOLERA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $236,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 04, 2052

    Market Valuation

  • Market Total Value: $386,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386
  • Assessed Land Value: $231
  • Assessed Improvements Value: $155

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11885435595
  • Current Sale Price: $429,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-44799
  • Previous Sale Recording Date: Jul 28, 1999
  • Previous Sale Contract Date: Jul 16, 1999
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOLERA NATIONAL BANK
  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $236,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 04, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST WEST MTG BANKERS LTD
  • Previous Mortgage Transaction Date: Jul 28, 1999
  • Previous Mortgage Loan Amount: $142,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About Levittown



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Frequently Asked Questions

What neighborhood is 106 Balsam Lane located in?
The 106 Balsam Lane is a located in the neighborhood of Levittown in Levittown, Levittown.
What is the average sales price for listings in 106 Balsam Lane?
The average sales price for units in 106 Balsam Lane is $0 currently.

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