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22 Basket Lane

22 Basket Lane, Hicksville, NY 11801
House in Hicksville
Sold Oct 30, 2020
$685,000
$616,500 by Wall Street Mortgage Bankers
Mortgage Due Nov 01, 2050
Sold Feb 27, 2020
$540,000
Local assessors in Hicksville, NY have categorized 22 Basket Lane as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 6,000 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 600 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 2 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 22 Basket Lane has a total of 2,921 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C+. The building has a roof that is made of shingle (not wood). 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. 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, 22 Basket Lane sold most recently in Oct 23, 2020 for a total of $685,000. If you work out the math, that's approximately a cost of $234.51 per sqft. Before that, the property was also sold for $540,000 in Feb 17, 2020. 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 $15,125 in taxes each year. 22 Basket Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $645. If we break it down further, the land itself was valued at $242. Improvements to the property, however, were assessed at a total of $403. 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. 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.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

Driveway

Driveway

Parking

Private Parking

Condition

Level Lot

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • 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
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,921
  • Building Area: 2,921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 017

Ownership

  • Current Owner : NAQVI ANAM
  • Current Owner 2: NAQVI KOMAL F
  • Previous Owner : 22 BASKET LANE INC
  • Owner Before Previous Owner: NEOFYTIDES CHRISTINA
  • Owner Before Previous Owner 2: NEOFYTIDES MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hicksville Union Free School District
  • School Tax School District: 017
  • Census Tract: 519000

Geography

  • District: 282489
  • Section: 45
  • Parcel: 45-376-00-0007
  • Block: 376
  • Lot: 7
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7507
  • Longitude: -73.5351

    Address

  • Full Address: 22 Basket Ln
  • Address - House Number: 22
  • Address - Street Name: Basket
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Hicksville
  • Carrier Code: C022
  • 4-Digit Zip Code: 4531
  • Zip Code: 11801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,125
  • Tax Rate Code Area: 546

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 822,480
  • High Value: 956,695
  • Low Value: 688,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $616,500
  • First Open Lien Mortgage Lender: WALL STREET MORTGAGE BANKERS
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $616,500
  • 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, 2050

    Market Valuation

  • Market Total Value: $645,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645
  • Assessed Land Value: $242
  • Assessed Improvements Value: $403

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11799694085
  • Current Sale Price: $685,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-103286
  • Previous Sale Recording Date: Feb 27, 2020
  • Previous Sale Contract Date: Feb 17, 2020
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WALL STREET MORTGAGE BANKERS
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $616,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 22 Basket Lane located in?
The 22 Basket Lane is a house located in the neighborhood of Hicksville in Hicksville, Hicksville.
What is the average sales price for listings in 22 Basket Lane?
The average sales price for units in 22 Basket Lane is $0 currently.

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