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203 Monroe Street

203 Monroe Street, Franklin Square, NY 11010
Sold Jul 20, 2020
$732,500
Seller
$586,000 by Bethpage Fcu
Mortgage
Sold May 13, 2015
$660,000
Local assessors in Franklin Square, NY have categorized 203 Monroe Street as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 203 Monroe Street has a total of 2,140 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - B-. The building has a roof that is made of wood shake/ shingles. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 203 Monroe Street sold most recently in Jun 2, 2020 for a total of $732,500. If you work out the math, that's approximately a cost of $342.29 per sqft. Before that, the property was also sold for $660,000 in Apr 20, 2015. 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 $14,514 in taxes each year. 203 Monroe Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $659. If we break it down further, the land itself was valued at $230. Improvements to the property, however, were assessed at a total of $429. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Condition

New Construction

Parking

Garage Parking
Private Parking
Attached Garage
Attached Garage: 1 Space
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,140
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: QUEENS PARK AT FRANKLIN SQUARE
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 017

Ownership

  • Current Owner : LODHI HASSAIN
  • Previous Owner : RAO JING
  • Owner Before Previous Owner: NOVO DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Square Union Free School District
  • School Tax School District: 017
  • Census Tract: 405302

Geography

  • District: 282089
  • Section: 33
  • Parcel: 33-411-00-0015
  • Block: 411
  • Lot: 15-16
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7122
  • Longitude: -73.6727

    Address

  • Full Address: 203 Monroe St
  • Address - House Number: 203
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C017
  • 4-Digit Zip Code: 3823
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,514
  • Tax Rate Code Area: 473

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 876,648
  • High Value: 1,020,444
  • Low Value: 732,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $586,000
  • First Open Lien Mortgage Lender: BETHPAGE FCU
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $586,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $659,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $659
  • Assessed Land Value: $230
  • Assessed Improvements Value: $429

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11781319094
  • Current Sale Price: $732,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-064034
  • Previous Sale Recording Date: May 13, 2015
  • Previous Sale Contract Date: Apr 20, 2015
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETHPAGE FCU
  • First Mortgage Transaction Date: Jul 20, 2020
  • First Mortgage Loan Amount: $586,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 203 Monroe Street located in?
The 203 Monroe 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 203 Monroe Street?
The average sales price for units in 203 Monroe Street is $0 currently.

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