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68 Market Lane

68 Market Lane, Levittown, NY 11756
House in Levittown
Sold Apr 28, 2022
$550,000
$495,000 by United Wholesale Mortgage
Mortgage Due May 01, 2052
Sold Jun 13, 2019
$375,000
$240,000 by Jp Morgan Chase Bank
Mortgage Due Jun 01, 2049
68 Market Lane in Levittown, NY was first built in 1950 and is 74 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 Cape Cod style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 68 Market Lane has 1,360 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 600 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of shingle (not wood). 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 garage. The garage is 288 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 68 Market Lane was last sold in Apr 21, 2022 for $550,000. According to our calculations, that's $404.41 per sqft. Prior to that sales transaction, the property was sold for $375,000 in May 23, 2019. Current property owners are expected to pay $9,080 in taxes per year. The property on 68 Market Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $364. To break that down further, the land itself was valued at $192. While improvements to the property were assessed at a total of $172. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
Private Parking
Attached Garage
Attached Garage: 1 Space

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,360
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEVITTOWN SUB
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 026

Ownership

  • Current Owner : GUPTA MADHAV
  • Current Owner 2: GUPTA VEENA
  • Previous Owner : LOCURCIO JAMES A
  • Owner Before Previous Owner: MAGNO FILIPA
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Island Trees Union Free School District
  • School Tax School District: 026
  • Census Tract: 409000

Geography

  • District: 282089
  • Section: 46
  • Parcel: 46-394-00-0010
  • Block: 394
  • Lot: 10
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.727
  • Longitude: -73.5085

    Address

  • Full Address: 68 Market Ln
  • Address - House Number: 68
  • Address - Street Name: Market
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Levittown
  • Carrier Code: C021
  • 4-Digit Zip Code: 4110
  • Zip Code: 11756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,080
  • Tax Rate Code Area: 065

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 541,896
  • High Value: 640,993
  • Low Value: 442,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 02, 2022
  • First Open Lien Mortgage Loan Amount: $495,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $364,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364
  • Assessed Land Value: $192
  • Assessed Improvements Value: $172

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11886447379
  • Current Sale Price: $550,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-50138
  • Previous Sale Recording Date: Jun 13, 2019
  • Previous Sale Contract Date: May 23, 2019
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: JP MORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Jun 13, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Levittown




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Nearby Rentals

Unit for rent at

$3,800 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,600 ft²
Listing by Zhu Chen

Frequently Asked Questions

What neighborhood is 68 Market Lane located in?
The 68 Market Lane is a house located in the neighborhood of Levittown in Levittown, Levittown.
What is the average sales price for listings in 68 Market Lane?
The average sales price for units in 68 Market Lane is $399,000 currently.

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