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11 Martha Lane

11 Martha Lane, Smithtown, NY 11787
Property in Smithtown
Sold Oct 07, 2013
$325,000
$285,000 by Fifth Third Mortgage Company
Mortgage Due Oct 01, 2043
Sold Jun 11, 2002
$356,500
$285,200 by Dba Mortgage Concepts
Mortgage Due Jun 01, 2032
Local assessors in Smithtown, NY have categorized 11 Martha Lane as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 10,019 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Martha Lane has a total of 2,250 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,058 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 11 Martha Lane sold most recently in Sep 26, 2013 for a total of $325,000. If you work out the math, that's approximately a cost of $144.44 per sqft. Before that, the property was also sold for $356,500 in May 29, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,704 in taxes each year. 11 Martha Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,608. If we break it down further, the land itself was valued at $300. Improvements to the property, however, were assessed at a total of $4,308. 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. 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!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

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,058
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 2,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,250
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 106.-2-23 *5666 LOT 6 WOLFF ESTATES

Ownership

  • Current Owner : PERSAUD SAM S
  • Current Owner 2: PERSAUD VANESSA A
  • Previous Owner : JAIN NARESH
  • Previous Owner 2: JAIN ARCHANA
  • Owner Before Previous Owner: PAPPIAS JOHN J
  • Owner Before Previous Owner 2: PAPPIAS THERESA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135303

Geography

  • District: 0800-1
  • Section: 106.00
  • Parcel: 0800-106.00-02.00-023.000
  • Block: 2
  • Lot: 23.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8519
  • Longitude: -73.174

    Address

  • Full Address: 11 Martha Ln
  • Address - House Number: 11
  • Address - Street Name: Martha
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C036
  • 4-Digit Zip Code: 3818
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,704
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 670,542
  • High Value: 822,893
  • Low Value: 518,191

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Oct 07, 2013
  • First Open Lien Mortgage Loan Amount: $285,000
  • 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: Oct 01, 2043

    Market Valuation

  • Market Total Value: $5,297
  • Market Land Value: $345
  • Market Improvement Value: $4,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,608
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,308

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2013
  • Current Sale Recording Date: Oct 07, 2013
  • Current Sale Transaction ID: 1137674337
  • Current Sale Price: $325,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jun 11, 2002
  • Previous Sale Contract Date: May 29, 2002
  • Previous Sale Amount: $356,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE COMPANY
  • First Mortgage Transaction Date: Oct 07, 2013
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: DBA MORTGAGE CONCEPTS
  • Previous Mortgage Transaction Date: Jun 11, 2002
  • Previous Mortgage Loan Amount: $285,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11 Martha Lane located in?
The 11 Martha Lane is a located in the neighborhood of Smithtown in Smithtown, Smithtown.
What is the average sales price for listings in 11 Martha Lane?
The average sales price for units in 11 Martha Lane is $0 currently.

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