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31 Farrell Street

31 Farrell Street, Long Beach, NY 11561
Property in The Canals
Sold May 30, 2017
$610,000
$488,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2047
Sold Sep 11, 2013
$440,000
$396,000 by Continental Home Loans Inc
Mortgage Due Sep 01, 2043
Local assessors in Long Beach, NY have categorized 31 Farrell Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 2,240 square feet. The linear feet between the front and back of the lot was measured at 560 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 style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 31 Farrell Street has a total of 1,482 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 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 - 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 and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31 Farrell Street was last sold in May 15, 2017 for $610,000. According to our calculations, that's $411.61 per sqft. Prior to that sales transaction, the property was sold for $440,000 in Aug 28, 2013. Current property owners are expected to pay $8,063 in taxes per year. The property on 31 Farrell Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $591. To break that down further, the land itself was valued at $189. While improvements to the property were assessed at a total of $402. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 2,240
  • Lot Size Depth Feet: 560
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,482
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF CANALS OF LIDO
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #5 SCH DIST 028

Ownership

  • Current Owner : KALNER GAVIN S
  • Current Owner 2: LETSCHER MICHAEL E
  • Previous Owner : MCMAHON JOSEPH A
  • Previous Owner 2: GALLINARO JACLYN E
  • Owner Before Previous Owner: RITTER MATTHEW
  • Owner Before Previous Owner 2: PARK HYUNAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Long Beach City School District
  • School Tax School District: 028
  • School Tax District Code 2: LB
  • Census Tract: 416801

Geography

  • District: 281000
  • Section: 59
  • Parcel: 59-224-00-0037
  • Block: 224
  • Lot: 37
  • Municipality: LONG BEACH UNINCORPORATED
  • Latitude: 40.5912
  • Longitude: -73.6412

    Address

  • Full Address: 31 Farrell St
  • Address - House Number: 31
  • Address - Street Name: Farrell
  • Address - Suffix Type: St
  • State: NY
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 2603
  • Zip Code: 11561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,063
  • Tax Rate Code Area: 996

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 783,453
  • High Value: 924,306
  • Low Value: 642,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $488,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 30, 2017
  • First Open Lien Mortgage Loan Amount: $488,000
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $591,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591
  • Assessed Land Value: $189
  • Assessed Improvements Value: $402

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Transaction ID: 1588762621
  • Current Sale Price: $610,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201700053245
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Contract Date: Aug 28, 2013
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 30, 2017
  • First Mortgage Loan Amount: $488,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CONTINENTAL HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 11, 2013
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About The Canals



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Frequently Asked Questions

What neighborhood is 31 Farrell Street located in?
The 31 Farrell Street is a located in the neighborhood of The Canals in The Canals, Long Beach.
What is the average sales price for listings in 31 Farrell Street?
The average sales price for units in 31 Farrell Street is $0 currently.

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