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159 Spring Lane

159 Spring Lane, Levittown, NY 11756
House in Levittown
Sold Mar 18, 2021
$500,000
$300,000 by Quontic Bank
Mortgage Due Mar 18, 2051
Sold Feb 06, 2020
$335,000
$324,950 by Nationwide Mortgage Bankers
Mortgage Due Feb 01, 2050
159 Spring Lane has been categorized by the local assessors in Levittown, NY as a residential type of property. The building on the property was first built in 1948 and is 76 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, 159 Spring Lane has 1,937 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 1,010 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 6,700 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 336 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 fair. 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 alum/vinyl siding. 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 oil. 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 Mar 9, 2021 for $500,000. That's $258.13 per sqft. Prior to that sales transaction, the property was also sold in Jan 28, 2020 for $335,000. 159 Spring Lane was last assessed in 2023. The total value of the property was assessed at $363. Specifically, the land the property is located on was valued at $226. While improvements on the property were assessed at a total of $137. 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 $11,371. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,700
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,937
  • Building Area: 1,937
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,937
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 005

Ownership

  • Current Owner : AHMAD BASHIR
  • Previous Owner : SIMKHAEV SERGEY
  • Owner Before Previous Owner: DWORKEN BRUCE M
  • Owner Before Previous Owner 2: FERRARA DWORKEN CAROL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Levittown Union Free School District
  • School Tax School District: 005
  • Census Tract: 409100

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-168-00-0042
  • Block: 168
  • Lot: 42
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7067
  • Longitude: -73.5185

    Address

  • Full Address: 159 Spring Ln
  • Address - House Number: 159
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C016
  • 4-Digit Zip Code: 2537
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,371
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 064

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 612,266
  • High Value: 728,173
  • Low Value: 496,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: QUONTIC BANK
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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 18, 2051

    Market Valuation

  • Market Total Value: $363,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363
  • Assessed Land Value: $226
  • Assessed Improvements Value: $137

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11828972166
  • Current Sale Price: $500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-035148
  • Previous Sale Recording Date: Feb 06, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUONTIC BANK
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: NATIONWIDE MORTGAGE BANKERS
  • Previous Mortgage Transaction Date: Feb 06, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $324,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About Levittown




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Frequently Asked Questions

What neighborhood is 159 Spring Lane located in?
The 159 Spring Lane is a house located in the neighborhood of Levittown in Levittown, Levittown.
What is the average sales price for listings in 159 Spring Lane?
The average sales price for units in 159 Spring Lane is $0 currently.

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