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62 Ludlam Avenue

62 Ludlam Avenue, Elmont, NY 11003
Property in Elmont
Sold May 19, 2014
$200,000
$196,377 by Contour Mortgage Corporation
Mortgage Due Jun 01, 2044
Sold Apr 23, 2004
$259,700
Buyer
Seller
Local assessors in Elmont, NY have categorized 62 Ludlam Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 4,000 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 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 62 Ludlam Avenue has a total of 734 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 294 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - D. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. The property was last sold in May 9, 2014 for $200,000. That's $272.48 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 2004 for $259,700. 62 Ludlam Avenue was last assessed in 2023. The total value of the property was assessed at $338. Specifically, the land the property is located on was valued at $205. While improvements on the property were assessed at a total of $133. 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 $7,417. 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

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 734
  • Building Area: 734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 734
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELMONT PARK SOUTH
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 016

Ownership

  • Current Owner : DAVILA SOFIA
  • Current Owner 2: GUERRERO MANUEL P
  • Previous Owner : MARIN LOUIS M
  • Previous Owner 2: MARIN YANEQUE D
  • Owner Before Previous Owner: AMMON DOROTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sewanhaka Central High School District
  • School Tax School District: 016
  • Census Tract: 404902

Geography

  • District: 282089
  • Section: 32
  • Parcel: 32-418-00-0269
  • Block: 418
  • Lot: 269-270
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7005
  • Longitude: -73.716

    Address

  • Full Address: 62 Ludlam Ave
  • Address - House Number: 62
  • Address - Street Name: Ludlam
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Elmont
  • Carrier Code: C022
  • 4-Digit Zip Code: 2109
  • Zip Code: 11003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,417
  • Tax Rate Code Area: 435

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 496,105
  • High Value: 576,162
  • Low Value: 416,048

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $386,677
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 19, 2014
  • First Open Lien Mortgage Loan Amount: $196,377
  • 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: Jun 01, 2044
  • Second Open Lien Mortgage Lender: THIRD FEDERAL SAVINGS & LOAN
  • Second Open Lien Mortgage Recording Date: Aug 10, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $190,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 20, 2051

    Market Valuation

  • Market Total Value: $338,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338
  • Assessed Land Value: $205
  • Assessed Improvements Value: $133

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2014
  • Current Sale Recording Date: May 19, 2014
  • Current Sale Transaction ID: 1115629006
  • Current Sale Price: $200,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2014051901082
  • Previous Sale Recording Date: Apr 23, 2004
  • Previous Sale Contract Date: Apr 01, 2004
  • Previous Sale Amount: $259,700
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 19, 2014
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Elmont



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Frequently Asked Questions

What neighborhood is 62 Ludlam Avenue located in?
The 62 Ludlam Avenue is a located in the neighborhood of Elmont in Elmont, Elmont.
What is the average sales price for listings in 62 Ludlam Avenue?
The average sales price for units in 62 Ludlam Avenue is $0 currently.

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