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55 Franklin Avenue

55 Franklin Avenue, Harrison, NY 10528
Property in Harrison
Sold Sep 25, 2019
$650,000
$617,500 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
Sold May 15, 2015
$490,000
Local assessors in Harrison, NY have categorized 55 Franklin Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 is one full bathroom. There are also 2 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 55 Franklin Avenue has a total of 1,658 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 550 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 55 Franklin Avenue sold most recently in Sep 16, 2019 for a total of $650,000. If you work out the math, that's approximately a cost of $392.04 per sqft. Before that, the property was also sold for $490,000 in May 1, 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 $12,321 in taxes each year. 55 Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,850. If we break it down further, the land itself was valued at $1,030. Improvements to the property, however, were assessed at a total of $6,820. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 550
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,658
  • Building Area: 1,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,658
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 3RD AND 4TH MAP OF FRANKLIN PARK
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LICHTENSTEIN MAX
  • Current Owner 2: LICHTENSTEIN STEPHANIE
  • Previous Owner : FRANKLIN 55 LLC
  • Owner Before Previous Owner: DIQUINZIO LUCY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harrison Central School District
  • School Tax School District: HARRISON
  • Census Tract: 008404

Zoning

  • Zoning: B

Geography

  • Account Number: 000002160
  • District: 552801
  • Parcel: 552801 0045.-5
  • Lot: 5
  • Municipality: HARRISON
  • Latitude: 40.9633
  • Longitude: -73.7223

    Address

  • Full Address: 55 Franklin Ave
  • Address - House Number: 55
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Harrison
  • Carrier Code: C002
  • 4-Digit Zip Code: 3505
  • Zip Code: 10528

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,321
  • Tax Rate Code Area: 552801

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 825,506
  • High Value: 1,020,244
  • Low Value: 630,767

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $767,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 25, 2019
  • First Open Lien Mortgage Loan Amount: $617,500
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Jan 17, 2024
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 09, 2053

    Market Valuation

  • Market Total Value: $670,940
  • Market Land Value: $88,034
  • Market Improvement Value: $582,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,850
  • Assessed Land Value: $1,030
  • Assessed Improvements Value: $6,820

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Sep 25, 2019
  • Current Sale Transaction ID: 11710653841
  • Current Sale Price: $650,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 592533283
  • Previous Sale Recording Date: May 15, 2015
  • Previous Sale Contract Date: May 01, 2015
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 25, 2019
  • First Mortgage Loan Amount: $617,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 55 Franklin Avenue located in?
The 55 Franklin Avenue is a located in the neighborhood of Harrison in Harrison, Harrison.
What is the average sales price for listings in 55 Franklin Avenue?
The average sales price for units in 55 Franklin Avenue is $0 currently.

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