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524 Franklin Street

524 Franklin Street, Clayton, NY 13624
House in Clayton
Sold May 18, 2020
$154,500
$146,775 by Movement Mortgage
Mortgage Due Jun 01, 2050
Sold Mar 14, 2008
$95,000
524 Franklin Street in Clayton, NY was first built in 1880 and is 144 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 traditional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 524 Franklin Street has 1,700 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 linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a patio. 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 detached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit and being fueled with oil. 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, 524 Franklin Street sold most recently in May 15, 2020 for a total of $154,500. If you work out the math, that's approximately a cost of $90.88 per sqft. Before that, the property was also sold for $95,000 in Mar 13, 2008. 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 $4,047 in taxes each year. 524 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $175,000. If we break it down further, the land itself was valued at $25,500. Improvements to the property, however, were assessed at a total of $149,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,700
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRAY JAYSON T
  • Current Owner 2: JONES CHIANNA J
  • Previous Owner : SCHMITT FREDERICK P
  • Previous Owner 2: SCHMITT TAYLOR
  • Owner Before Previous Owner: HYDE ROGER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thousand Islands Central School District
  • School Tax School District: THOUSAND ISLAND
  • Census Tract: 060201

Zoning

  • Zoning: NR

Geography

  • Account Number: 223201 20.47-2-58
  • District: 223201
  • Section: 20.47
  • Parcel: 223201 20.47-2-58
  • Block: 2
  • Lot: 58.000
  • Municipality: CLAYTON
  • Latitude: 44.2402
  • Longitude: -76.0818

    Address

  • Full Address: 524 Franklin St
  • Address - House Number: 524
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NY
  • City Name: Clayton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1204
  • Zip Code: 13624

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,047
  • Tax Rate Code Area: 223201

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 603,250
  • High Value: 879,703
  • Low Value: 326,796

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $221,775
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $146,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Second Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • Second Open Lien Mortgage Recording Date: Mar 26, 2024
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 17, 2049

    Market Valuation

  • Market Total Value: $175,000
  • Market Land Value: $25,500
  • Market Improvement Value: $149,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $149,500

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11762679308
  • Current Sale Price: $154,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200-00005415
  • Previous Sale Recording Date: Mar 14, 2008
  • Previous Sale Contract Date: Mar 13, 2008
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $146,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2050

About Clayton



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Nearby Rentals

Unit for rent at 517 Riverside Drive, Clayton, NY, 13624

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 10,570 ft²
517 Riverside Drive, Clayton, NY, 13624 Listing by Stephen Byers

Frequently Asked Questions

What neighborhood is 524 Franklin Street located in?
The 524 Franklin Street is a house located in the neighborhood of Clayton in Clayton, Clayton.
What is the average sales price for listings in 524 Franklin Street?
The average sales price for units in 524 Franklin Street is $0 currently.

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