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54 Lincoln Avenue

54 Lincoln Avenue, Islip Terrace, NY 11752
Sold Sep 16, 2020
Transfer
$225,000 by Loan Funder Llc
Mortgage Due Sep 16, 2050
54 Lincoln Avenue in Islip Terrace, NY was first built in 1984 and is 40 years old. This has been categorized as a residential property type. 54 Lincoln Avenue has 4,102 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 1,000 ft and the linear feet between the front and back of the lot is 1,610. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 54 Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,800. If we break it down further, the land itself was valued at $10,200. Improvements to the property, however, were assessed at a total of $36,600. 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.

Building Features

Parking

Private Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Basement Type: Unspecified basement
  • Basement Area: 2,019
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,102
  • Building Area: 4,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: X2224760Y191139 T046H00000000

Ownership

  • Current Owner : GONZALEZ HOLDINGS LLC
  • Previous Owner : SOLOMON GARY
  • Previous Owner 2: SOLOMON MARY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 146500

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.29
  • Parcel: 0500-297.00-01.00-041.000
  • Block: 7000
  • Lot: 100.041
  • Municipality: ISLIP
  • Latitude: 40.7475
  • Longitude: -73.1884

    Address

  • Full Address: 54 Lincoln Ave
  • Address - House Number: 54
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip Terrace
  • Carrier Code: C001
  • 4-Digit Zip Code: 2722
  • Zip Code: 11752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472803

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 610,746
  • High Value: 748,974
  • Low Value: 472,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC
  • First Open Lien Mortgage Recording Date: Sep 16, 2020
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Sep 16, 2050

    Market Valuation

  • Market Total Value: $642,857
  • Market Land Value: $140,110
  • Market Improvement Value: $502,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,800
  • Assessed Land Value: $10,200
  • Assessed Improvements Value: $36,600

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Transaction ID: 11791476982
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC
  • First Mortgage Transaction Date: Sep 16, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Islip Terrace



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Frequently Asked Questions

What neighborhood is 54 Lincoln Avenue located in?
The 54 Lincoln Avenue is a house located in the neighborhood of Islip Terrace in Islip Terrace, Islip Terrace.
What is the average sales price for listings in 54 Lincoln Avenue?
The average sales price for units in 54 Lincoln Avenue is $469,000 currently.

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