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60 Farmington Lane

60 Farmington Lane, Melville, NY 11747
Property in Melville
Sold Oct 02, 2019
$925,000
$675,000 by Citibank Na
Mortgage Due Nov 01, 2048
Sold Jan 30, 2004
$585,000
$468,000 by Jpmorgan Chase Bank
Mortgage Due Dec 01, 2033
This has been categorized as a residential property type. In total, the area measurement of the land is 33,541 square feet.

Learn more about the property and building on this page. The property was last sold in Aug 30, 2019 for $925,000. Prior to that sales transaction, the property was also sold in Nov 20, 2003 for $585,000. 60 Farmington Lane was last assessed in 2023. The total value of the property was assessed at $5,075. Specifically, the land the property is located on was valued at $825. While improvements on the property were assessed at a total of $4,250. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $19,465. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT

Ownership

  • Current Owner : SCHULMAN PHILIP
  • Previous Owner : EHRLICH ADAM
  • Previous Owner 2: EHRLICH LAURIE
  • Owner Before Previous Owner: ARDITA CATHERINE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Half Hollow Hills Central School District
  • School Tax School District: HALF HOLLOW HIL
  • Census Tract: 112220

Zoning

  • Zoning: R40

Geography

  • District: 0400-2
  • Section: 272.00
  • Parcel: 0400-272.00-05.00-060.000
  • Block: 500
  • Lot: 60.000
  • Municipality: HUNTINGTON
  • Latitude: 40.7789
  • Longitude: -73.3716

    Address

  • Full Address: 60 Farmington Ln
  • Address - House Number: 60
  • Address - Street Name: Farmington
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Melville
  • Carrier Code: C072
  • 4-Digit Zip Code: 4019
  • Zip Code: 11747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,465
  • Tax Rate Code Area: 472605

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,228,668
  • High Value: 1,519,956
  • Low Value: 937,380

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 02, 2019
  • First Open Lien Mortgage Loan Amount: $675,000
  • First Open Lien Mortgage Term: 348
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $9,227
  • Market Land Value: $1,500
  • Market Improvement Value: $7,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,075
  • Assessed Land Value: $825
  • Assessed Improvements Value: $4,250

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Oct 02, 2019
  • Current Sale Transaction ID: 11662784798
  • Current Sale Price: $925,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 30, 2004
  • Previous Sale Contract Date: Nov 20, 2003
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 02, 2019
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Jan 30, 2004
  • Previous Mortgage Loan Amount: $468,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Melville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 60 Farmington Lane located in?
The 60 Farmington Lane is a located in the neighborhood of Melville in Melville, Melville.
What is the average sales price for listings in 60 Farmington Lane?
The average sales price for units in 60 Farmington Lane is $0 currently.

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