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702 Craft Avenue

702 Craft Avenue, Franklin Square, NY 11010
Sold Oct 06, 2020
$460,000
$557,590 by Family First Funding Llc
Mortgage Due Sep 01, 2052
Sold Jan 22, 2020
$289,106
Local assessors in Franklin Square, NY have categorized 702 Craft Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 6,000 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 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 702 Craft Avenue has a total of 975 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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - C. 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. 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, 702 Craft Avenue was last sold in Aug 6, 2020 for $460,000. According to our calculations, that's $471.79 per sqft. Prior to that sales transaction, the property was sold for $289,106 in Dec 27, 2019. Current property owners are expected to pay $10,998 in taxes per year. The property on 702 Craft Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $474. To break that down further, the land itself was valued at $217. While improvements to the property were assessed at a total of $257. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Private Parking
Detached Garage
Detached Garage: 1 Space
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 280
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 975
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 013

Ownership

  • Current Owner : GARDNER CAMILLE
  • Previous Owner : MTGLQ INVESTORS LP
  • Owner Before Previous Owner: RUPERTO SIOBHAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley Stream Central High School District
  • School Tax School District: 013
  • Census Tract: 405700

Geography

  • District: 282089
  • Section: 35
  • Parcel: 35-578-00-0013
  • Block: 578
  • Lot: 13
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6888
  • Longitude: -73.6701

    Address

  • Full Address: 702 Craft Ave
  • Address - House Number: 702
  • Address - Street Name: Craft
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Franklin Square
  • Carrier Code: C012
  • 4-Digit Zip Code: 3211
  • Zip Code: 11010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,998
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 608,971
  • High Value: 718,391
  • Low Value: 499,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $557,590
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Loan Amount: $557,590
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $474,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474
  • Assessed Land Value: $217
  • Assessed Improvements Value: $257

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11793189337
  • Current Sale Price: $460,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-093189
  • Previous Sale Recording Date: Jan 22, 2020
  • Previous Sale Contract Date: Dec 27, 2019
  • Previous Sale Amount: $289,106
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $451,668
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Franklin Square



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Nearby Rentals

Unit for rent at

$3,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,611 ft²
Listing by Patricia Tumlinson

Frequently Asked Questions

What neighborhood is 702 Craft Avenue located in?
The 702 Craft Avenue is a house located in the neighborhood of Franklin Square in Franklin Square, Franklin Square.
What is the average sales price for listings in 702 Craft Avenue?
The average sales price for units in 702 Craft Avenue is $449,900 currently.

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