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8 Magnolia Lane

8 Magnolia Lane, Poughkeepsie, NY 12601
Property in Poughkeepsie
Sold Nov 02, 2016
$135,000
Buyer
Seller
$165,013 by Cross Country Mortgage Inc
Mortgage Due Jan 01, 2048
Sold Apr 06, 2016
$86,000
Local assessors in Poughkeepsie, NY have categorized 8 Magnolia Lane as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 12,197 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 1,100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 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 8 Magnolia Lane has a total of 1,098 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. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 asphalt. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 27, 2016 for $135,000. That's $122.95 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 2016 for $86,000. 8 Magnolia Lane was last assessed in 2023. The total value of the property was assessed at $266,000. Specifically, the land the property is located on was valued at $69,000. While improvements on the property were assessed at a total of $197,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $17,816. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1950
  • Effective Year Built: 1968
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,098
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.284 AC (D) 1606 0511 1575 0735

Ownership

  • Current Owner : ZAMAN FARAH
  • Previous Owner : SHAREEF ILYAS
  • Owner Before Previous Owner: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spackenkill Union Free School District
  • School Tax School District: SPACKENKILL
  • Census Tract: 140602

Zoning

  • Zoning: R20

Geography

  • Account Number: 14035143
  • District: 134689
  • Section: 6.160
  • Parcel: 134689 6160-03-035143-0000
  • Block: 3
  • Lot: 35.143
  • Municipality: POUGHKEEPSIE (TOV)
  • Latitude: 41.6502
  • Longitude: -73.9292

    Address

  • Full Address: 8 Magnolia Ln
  • Address - House Number: 8
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Poughkeepsie
  • Carrier Code: C040
  • 4-Digit Zip Code: 5548
  • Zip Code: 12601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,816
  • Tax Rate Code Area: 134602

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 304,956
  • High Value: 371,846
  • Low Value: 238,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,013
  • First Open Lien Mortgage Lender: CROSS COUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 13, 2018
  • First Open Lien Mortgage Loan Amount: $165,013
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $266,000
  • Market Land Value: $69,000
  • Market Improvement Value: $197,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,000
  • Assessed Land Value: $69,000
  • Assessed Improvements Value: $197,000

    Sales

  • Current Sale Contract Date: Oct 27, 2016
  • Current Sale Recording Date: Nov 02, 2016
  • Current Sale Transaction ID: 1904579678
  • Current Sale Price: $135,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 06, 2016
  • Previous Sale Contract Date: Apr 04, 2016
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TWG FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Nov 02, 2016
  • First Mortgage Loan Amount: $128,250
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

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Frequently Asked Questions

What neighborhood is 8 Magnolia Lane located in?
The 8 Magnolia Lane is a located in the neighborhood of Poughkeepsie in Crown Heights, Poughkeepsie.
What is the average sales price for listings in 8 Magnolia Lane?
The average sales price for units in 8 Magnolia Lane is $0 currently.

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