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108 Wicks Lane

108 Wicks Lane, Malverne, NY 11565
Property in Malverne
Sold Mar 17, 2020
$445,000
$351,000 by Fairway Independent Mtg Corp
Mortgage Due Mar 01, 2050
108 Wicks Lane has been categorized by the local assessors in Malverne, NY as a residential type of property. The building on the property was first built in 1930 and is 94 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 108 Wicks Lane has 1,368 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 950 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,978 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 wood shake/ shingles. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 108 Wicks Lane was last sold in Feb 24, 2020 for $445,000. According to our calculations, that's $325.29 per sqft. Current property owners are expected to pay $8,865 in taxes per year. The property on 108 Wicks Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $402. To break that down further, the land itself was valued at $189. While improvements to the property were assessed at a total of $213. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • 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: 5,978
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 012

Ownership

  • Current Owner : MARTINEZ DEREK A
  • Current Owner 2: SOBALVARRO ELIZABETH
  • Previous Owner : VARRICHIO JULIAN
  • Previous Owner 2: VARRICHIO DOREEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malverne Union Free School District
  • School Tax School District: 012
  • School Tax District Code 2: MAL
  • Census Tract: 410200

Geography

  • District: 282027
  • Section: 38
  • Parcel: 38-135-00-0023
  • Block: 135
  • Lot: 23-25
  • Municipality: MALVERNE
  • Latitude: 40.6699
  • Longitude: -73.6662

    Address

  • Full Address: 108 Wicks Ln
  • Address - House Number: 108
  • Address - Street Name: Wicks
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Malverne
  • Carrier Code: C009
  • 4-Digit Zip Code: 2218
  • Zip Code: 11565

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,865
  • Tax Rate Code Area: 286

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 611,106
  • High Value: 722,570
  • Low Value: 499,643

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $451,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $351,000
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: BETHPAGE FCU
  • Second Open Lien Mortgage Recording Date: Jan 02, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 28, 2052

    Market Valuation

  • Market Total Value: $402,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402
  • Assessed Land Value: $189
  • Assessed Improvements Value: $213

    Sales

  • Current Sale Contract Date: Feb 24, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Transaction ID: 11751507832
  • Current Sale Price: $445,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-027368

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Mar 17, 2020
  • First Mortgage Loan Amount: $351,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Malverne



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Frequently Asked Questions

What neighborhood is 108 Wicks Lane located in?
The 108 Wicks Lane is a located in the neighborhood of Malverne in Malverne, Malverne.
What is the average sales price for listings in 108 Wicks Lane?
The average sales price for units in 108 Wicks Lane is $0 currently.

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