When was property at 245 Farhan Lane built and last sold?

The property at 245 Farhan Lane was built in 1956 and last sold on Oct 19, 2001 for $240,000.

How much is this home worth?

The estimated value of the home located at 245 Farhan Lane is $621,150.

What are some comparable homes to 245 Farhan Lane?

There are currently no comparable homes to 245 Farhan Lane.

North Babylon

11703

North Babylon

245 Farhan Lane

$631,000

● House - Off Market

245 Farhan Lane

Babylon, NY 11703

5 Beds

2 Baths

$619,768

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Beautiful 5 bedroom 2 bathroom move in ready home with a large backyard. First level features living room, formal dining room, kitchen, 2 bedrooms (one is being used as a den but can be converted back). The Second level features 3 bedrooms and 1 bathroom. Full Finished basement. Above ground pool. Too many features to list. Must see!

Unit Size

Days on Market

Land Size

0.19 acres

Price per sqft

Property Type

House

Property Taxes

$761

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (OneKey MLS #KEYL3458315)

Price History

Date / Event	Date	Event
May 11, 2023	Sold	Premium
Sold
Mar 1, 2023	In contract	-
In contract
Mar 1, 2023	Relisted	$615,000
Relisted
Feb 20, 2023	In contract	-
In contract
Feb 13, 2023	Listed by Next Phase Realty LLC	$615,000
Listed by Next Phase Realty LLC
Apr 14, 2003	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1956
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,393

Lot Size Depth Feet: 1,090
Lot Size Frontage Feet: 770
Total Building Area: 1,413
Building Area: 1,413
Building Area Measurement: M

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000192
Standard Land Use Code: 1001
County Land Use Code: 210
Legal Description 1: FILED MAP 2468 LOT 107

Neighborhood

School District Name: North Babylon Union Free School District

School Tax School District: NORTH BABYLON
Census Tract: 122603

Zoning

Zoning: C

Geography

Account Number: 20231721480

District: 0100-1
Section: 114.00
Parcel: 0100-114.00-01.00-047.000
Block: 1
Lot: 47.000
Municipality: BABYLON
Latitude: 40.7377
Longitude: -73.3265

Address

Full Address: 245 Farhan Ln

Address - House Number: 245
Address - Street Name: Farhan
Address - Suffix Type: Ln
State: NY
City Name: North Babylon
Carrier Code: C017
4-Digit Zip Code: 2508
Zip Code: 11703

Valuation

Tax

Tax Year: 2023

Tax Amount: $912,717
Tax Rate Code Area: 472003

Appraisal Valuation

Standard Deviation: 0.1442

Valuation Date: Feb 21, 2024
Confidence Score: 82
Final Value: 604,005
High Value: 691,143
Low Value: 516,866

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $4,651

Market Land Value: $545
Market Improvement Value: $4,106

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $3,070
Assessed Land Value: $360
Assessed Improvements Value: $2,710

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 19, 2001

Current Sale Recording Date: Apr 14, 2003
Current Sale Price:

Premium
Current Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Babylon

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$419

Below Asking

0.01%

Average Days on Market

Average Home Size

1556 ft²

Average Home Age

63.3 years

Currently For Sale

32 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

1 Bed
1 Bath
800 ft²

239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz

Unit for rent at 495 Dewitt Avenue, North Babylon, NY, 11703

$4,500 /mo

3 Beds
2 Baths
1,911 ft²

495 Dewitt Avenue, North Babylon, NY, 11703 Listing by Marissa Ferrara

Unit for rent at 45 Golden Avenue, Deer Park, NY, 11729

$2,475 /mo

1 Bed
1 Bath
642 ft²

45 Golden Avenue #E01, Deer Park, NY, 11729 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 6 months ago
Data Source: OneKey MLS

245 Farhan Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Babylon

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions