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8 Inch Lane

8 Inch Lane, Latham, NY 12110
Property in Colonie
Sold May 25, 2007
$345,000
$276,000 by Merrill Lynch Credit Corp
Mortgage Due Jun 01, 2037
Sold May 25, 2007
$345,000
8 Inch Lane has been categorized by the local assessors in Latham, NY as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8 Inch Lane has 2,618 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 16, 2007 for $345,000. That's $131.78 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2007 for $345,000. 8 Inch Lane was last assessed in 2023. The total value of the property was assessed at $210,000. Specifically, the land the property is located on was valued at $52,500. While improvements on the property were assessed at a total of $157,500. 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 $8,393. 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. 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: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,618
  • Building Area: 2,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,618
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HISTORY HILLS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-41 DOORSTONE E-10

Ownership

  • Current Owner : KONOPACKI ANDREW J
  • Previous Owner : CARTUS FINANCIAL CORP
  • Owner Before Previous Owner: CARTUS FINANCIAL CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013507

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 03100600030180000000
  • District: 012689
  • Section: 31.06
  • Parcel: 012689 31.6-3-18
  • Block: 3
  • Lot: 18.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7422
  • Longitude: -73.7683

    Address

  • Full Address: 8 Inch Ln
  • Address - House Number: 8
  • Address - Street Name: Inch
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Latham
  • Carrier Code: C003
  • 4-Digit Zip Code: 3702
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,393
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 498,929
  • High Value: 618,180
  • Low Value: 379,677

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $283,577
  • First Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Open Lien Mortgage Recording Date: May 25, 2007
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Jun 01, 2037
  • Second Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Second Open Lien Mortgage Recording Date: Oct 01, 2010
  • Second Open Lien Mortgage Loan Amount: $7,577
  • 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: Aug 01, 2040

    Market Valuation

  • Market Total Value: $411,800
  • Market Land Value: $102,950
  • Market Improvement Value: $308,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $157,500

    Sales

  • Current Sale Contract Date: May 16, 2007
  • Current Sale Recording Date: May 25, 2007
  • Current Sale Transaction ID: 1104470198
  • Current Sale Price: $345,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 09963724
  • Previous Sale Recording Date: May 25, 2007
  • Previous Sale Contract Date: May 23, 2007
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: May 25, 2007
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 8 Inch Lane located in?
The 8 Inch Lane is a located in the neighborhood of Colonie in Albany, Latham.
What is the average sales price for listings in 8 Inch Lane?
The average sales price for units in 8 Inch Lane is $0 currently.

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