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51 Fair Lane

51 Fair Lane, Jericho, NY 11753
Property in Jericho
Sold Jul 10, 2019
$779,500
$500,000 by Teachers Fcu
Mortgage Due Jun 21, 2053
Sold Apr 22, 2013
$540,000
$366,300 by Coldwell Home Banker Loans
Mortgage Due May 01, 2028
51 Fair Lane in Jericho, NY was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 51 Fair Lane has 1,526 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 352 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 51 Fair Lane was last sold in Jun 13, 2019 for $779,500. According to our calculations, that's $510.81 per sqft. Prior to that sales transaction, the property was sold for $540,000 in Apr 10, 2013. Current property owners are expected to pay $20,125 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 51 Fair Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $736. To break that down further, the land itself was valued at $349. While improvements to the property were assessed at a total of $387. 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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 352
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,526
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF BIRCHWOOD AT JERICHO
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 014

Ownership

  • Current Owner : JIANG XIU YUN
  • Previous Owner : ASHERIAN MORRIS
  • Previous Owner 2: DILMAGHANI SHAMILA A
  • Owner Before Previous Owner: KANTER ROSE
  • Owner Before Previous Owner 2: KANTER ALEX
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Syosset Central School District
  • School Tax School District: 014
  • Census Tract: 518600

Geography

  • District: 282489
  • Section: 12
  • Parcel: 12-581-00-0015
  • Block: 581
  • Lot: 15
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.7987
  • Longitude: -73.52

    Address

  • Full Address: 51 Fair Ln
  • Address - House Number: 51
  • Address - Street Name: Fair
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jericho
  • Carrier Code: C015
  • 4-Digit Zip Code: 2309
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,125
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 588

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 1,010,810
  • High Value: 1,201,999
  • Low Value: 819,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: TEACHERS FCU
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2053

    Market Valuation

  • Market Total Value: $736,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736
  • Assessed Land Value: $349
  • Assessed Improvements Value: $387

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jul 10, 2019
  • Current Sale Transaction ID: 11625630978
  • Current Sale Price: $779,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019-056285
  • Previous Sale Recording Date: Apr 22, 2013
  • Previous Sale Contract Date: Apr 10, 2013
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Jul 10, 2019
  • First Mortgage Loan Amount: $454,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL HOME BANKER LOANS
  • Previous Mortgage Transaction Date: Apr 22, 2013
  • Previous Mortgage Loan Amount: $366,300
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: May 01, 2028

About Jericho



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Frequently Asked Questions

What neighborhood is 51 Fair Lane located in?
The 51 Fair Lane is a located in the neighborhood of Jericho in Jericho, Jericho.
What is the average sales price for listings in 51 Fair Lane?
The average sales price for units in 51 Fair Lane is $0 currently.

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