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41 Silver Lane

41 Silver Lane, Levittown, NY 11756
Property in Levittown
Sold Mar 18, 2016
$399,000
$391,773 by Vanguard Funding Llc
Mortgage Due Apr 01, 2046
Sold Jun 04, 2015
$247,000
41 Silver Lane has been categorized by the local assessors in Levittown, NY as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 41 Silver Lane has 1,343 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 roof of the building is made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 41 Silver Lane sold most recently in Mar 1, 2016 for a total of $399,000. If you work out the math, that's approximately a cost of $297.10 per sqft. Before that, the property was also sold for $247,000 in May 11, 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 $10,280 in taxes each year. 41 Silver Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $438. If we break it down further, the land itself was valued at $219. Improvements to the property, however, were assessed at a total of $219. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • 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
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,343
  • Building Area: 1,343
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,343
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECTION V OF SUBDIVISON MAP
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 026

Ownership

  • Current Owner : VENTURA WILLIAM A
  • Current Owner 2: OSORIO PAULA A
  • Previous Owner : HANSEN GREGORY
  • Owner Before Previous Owner: GLASSER ADAM
  • Owner Before Previous Owner 2: GLASSER FRANKL H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Island Trees Union Free School District
  • School Tax School District: 026
  • Census Tract: 409200

Geography

  • District: 282089
  • Section: 51
  • Parcel: 51-219-00-0026
  • Block: 219
  • Lot: 26
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7232
  • Longitude: -73.5041

    Address

  • Full Address: 41 Silver Ln
  • Address - House Number: 41
  • Address - Street Name: Silver
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C020
  • 4-Digit Zip Code: 4818
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,280
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 634,868
  • High Value: 748,629
  • Low Value: 521,108

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $404,072
  • First Open Lien Mortgage Lender: VANGUARD FUNDING LLC
  • First Open Lien Mortgage Recording Date: Mar 18, 2016
  • First Open Lien Mortgage Loan Amount: $391,773
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: Apr 15, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $12,299
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $438,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438
  • Assessed Land Value: $219
  • Assessed Improvements Value: $219

    Sales

  • Current Sale Contract Date: Mar 01, 2016
  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Transaction ID: 1513849679
  • Current Sale Price: $399,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600026840
  • Previous Sale Recording Date: Jun 04, 2015
  • Previous Sale Contract Date: May 11, 2015
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: VANGUARD FUNDING LLC
  • First Mortgage Transaction Date: Mar 18, 2016
  • First Mortgage Loan Amount: $391,773
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

About Levittown



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Frequently Asked Questions

What neighborhood is 41 Silver Lane located in?
The 41 Silver Lane is a located in the neighborhood of Levittown in Levittown, Levittown.
What is the average sales price for listings in 41 Silver Lane?
The average sales price for units in 41 Silver Lane is $0 currently.

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