Check Availability

132 Ribbon Street

132 Ribbon Street, Franklin Square, NY 11010
Sold Jan 21, 2020
$532,000
$488,000 by Loan Depot Inc
Mortgage Due Nov 01, 2051
Sold Dec 27, 2016
$404,000
$383,800 by Cardinal Financial Company Lp
Mortgage Due Jan 01, 2047
132 Ribbon Street has been categorized by the local assessors in Franklin Square, NY as a residential type of property. The building on the property was first built in 1955 and is 69 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, 132 Ribbon Street has 1,512 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 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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 308 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 a material which is produced from two or more constituent materials. 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 gas. 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. The property was last sold in Dec 23, 2019 for $532,000. That's $369.44 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2016 for $404,000. 132 Ribbon Street was last assessed in 2023. The total value of the property was assessed at $523. Specifically, the land the property is located on was valued at $240. While improvements on the property were assessed at a total of $283. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,765. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Composition
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 96
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF GARDEN CITY TERRACE SECTION 2
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TOWN #1 SCH DIST 017

Ownership

  • Current Owner : VARGHESE THOMAS
  • Current Owner 2: VARGHESE ANNIAMMA
  • Previous Owner : BEZAWADA VIJAY
  • Owner Before Previous Owner: VEGA MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405500

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-185-00-0069
  • Block: 185
  • Lot: 69-70
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7043
  • Longitude: -73.6669

    Address

  • Full Address: 132 Ribbon St
  • Address - House Number: 132
  • Address - Street Name: Ribbon
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C009
  • 4-Digit Zip Code: 4204
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,765
  • Tax Rate Code Area: 475

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 708,898
  • High Value: 823,294
  • Low Value: 594,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $488,000
  • First Open Lien Mortgage Lender: LOAN DEPOT INC
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $488,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $523,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523
  • Assessed Land Value: $240
  • Assessed Improvements Value: $283

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Transaction ID: 11722604717
  • Current Sale Price: $532,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-006519
  • Previous Sale Recording Date: Dec 27, 2016
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $404,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST COAST CAPITAL CORP
  • First Mortgage Transaction Date: Jan 21, 2020
  • First Mortgage Loan Amount: $478,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Dec 27, 2016
  • Previous Mortgage Loan Amount: $383,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Franklin Square



Similar Buildings

House at 132 Ribbon Street,

35 Semton Boulevard

  • 1 Unit for Sale
35 Semton Boulevard, Franklin Square, NY 11010
House at 132 Ribbon Street,

227 Semton Boulevard

  • 1 Unit for Sale
227 Semton Boulevard, Franklin Square, NY 11010
House at 132 Ribbon Street,

665 Propp Avenue

  • 1 Unit for Sale
665 Propp Avenue, Franklin Square, NY 11010
House at 132 Ribbon Street,

151 Dogwood Avenue

  • 1 Unit for Sale
151 Dogwood Avenue, West Hempstead, NY 11552
House at 132 Ribbon Street,

158 Jefferson Street

  • 1 Unit for Sale
158 Jefferson Street, Franklin Square, NY 11010
House at 132 Ribbon Street,

564 Hempstead Turnpike

  • 1 Unit for Sale
564 Hempstead Turnpike, West Hempstead, NY 11552
House at 132 Ribbon Street,

219 Madison Street

  • 1 Unit for Sale
219 Madison Street, Franklin Square, NY 11010
House at 132 Ribbon Street,

315 Dogwood Avenue

  • 1 Unit for Sale
315 Dogwood Avenue, West Hempstead, NY 11552
House at 132 Ribbon Street,

906 Hempstead Turnpike

  • 1 Unit for Sale
906 Hempstead Turnpike, Franklin Square, NY 11010

Nearby Rentals

Unit for rent at 450 Tulip Avenue, Floral Park, NY, 11001

$4,000 /mo

  • 4 Beds
  • 3 Baths
450 Tulip Avenue, Floral Park, NY, 11001 Listing by Rubina Shiblee
Unit for rent at 490 Lawrence Rd, West Hempstead, NY, 11552

$4,200 /mo

  • 3 Beds
  • 2 Baths
490 Lawrence Rd, West Hempstead, NY, 11552 Listing by Marcia Munroe

Frequently Asked Questions

What neighborhood is 132 Ribbon Street located in?
The 132 Ribbon Street is a house located in the neighborhood of Franklin Square in Franklin Square, Franklin Square.
What is the average sales price for listings in 132 Ribbon Street?
The average sales price for units in 132 Ribbon Street is $0 currently.

Quantcast