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225 Johnson Lane

225 Johnson Lane, Montgomery, NY 12549
Property in Montgomery
Sold Jun 20, 2017
$170,000
$153,000 by Weichert Financial Services
Mortgage Due Jan 01, 2047
Sold Jun 13, 2016
$286,442
225 Johnson Lane has been categorized by the local assessors in Montgomery, NY as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 225 Johnson Lane has 1,274 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 1,710 ft and across the front of the lot is 1,800 ft. The area measurement of the land has been determined as 30,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of a material which is produced from two or more constituent materials. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 225 Johnson Lane sold most recently in May 19, 2017 for a total of $170,000. If you work out the math, that's approximately a cost of $133.44 per sqft. Before that, the property was also sold for $286,442 in Mar 15, 2016. 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 $7,550 in taxes each year. 225 Johnson Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,200. If we break it down further, the land itself was valued at $34,900. Improvements to the property, however, were assessed at a total of $113,300. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 30,780
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,274
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.706
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TERENTINO MARIO
  • Previous Owner : FEDERAL HOME LOAN MTG CORP
  • Owner Before Previous Owner: WALA JOHN

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010802

Zoning

  • Zoning: RM1

Geography

  • District: 334289
  • Section: 20.00
  • Parcel: 334289 20-1-53.4
  • Block: 1
  • Lot: 53.400
  • Municipality: MONTGOMERY
  • Latitude: 41.5336
  • Longitude: -74.2007

    Address

  • Full Address: 225 Johnson Ln
  • Address - House Number: 225
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Montgomery
  • Carrier Code: R001
  • 4-Digit Zip Code: 2202
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,550
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 392,045
  • High Value: 489,905
  • Low Value: 294,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 20, 2017
  • First Open Lien Mortgage Loan Amount: $153,000
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $352,900
  • Market Land Value: $83,105
  • Market Improvement Value: $269,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,200
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $113,300

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: Jun 20, 2017
  • Current Sale Transaction ID: 1732949420
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 13, 2016
  • Previous Sale Contract Date: Mar 15, 2016
  • Previous Sale Amount: $286,442
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jun 20, 2017
  • First Mortgage Loan Amount: $153,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Orange



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,650 /mo

  • 3 Beds
  • 2.5 Baths
Listing by Gina Morales

Frequently Asked Questions

What neighborhood is 225 Johnson Lane located in?
The 225 Johnson Lane is a located in the neighborhood of Montgomery in Orange, Montgomery.
What is the average sales price for listings in 225 Johnson Lane?
The average sales price for units in 225 Johnson Lane is $0 currently.

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