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998 Allen Lane

998 Allen Lane, Woodmere, NY 11598
House in Woodmere
Sold Aug 20, 2019
$1,112,500
$890,000 by Citibank
Mortgage
Sold Oct 23, 1997
$262,500
998 Allen Lane has been categorized by the local assessors in Woodmere, NY as a residential type of property. The building on the property was first built in 1923 and is 101 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 998 Allen Lane has 2,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 roof of the building is made of shingle (not wood). The exterior walls of the building are made of wood. 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. 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, 998 Allen Lane was last sold in Jul 15, 2019 for $1,112,500. According to our calculations, that's $480.35 per sqft. Prior to that sales transaction, the property was sold for $262,500 in Oct 14, 1997. Current property owners are expected to pay $20,744 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 998 Allen Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $725. To break that down further, the land itself was valued at $370. While improvements to the property were assessed at a total of $355. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
Detached Garage
Detached Garage: 2 Spaces

Exterior

Bulkhead Lights
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,316
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,316
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 014

Ownership

  • Current Owner : 529 CLUBHOUSE LLC
  • Previous Owner : ACRICHE MAURICE
  • Previous Owner 2: ACRICHE ANN
  • Owner Before Previous Owner: SHAPIRO SCOTT
  • Owner Before Previous Owner 2: SHAPIRO CINDY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hewlett-Woodmere Union Free School District
  • School Tax School District: 014
  • Census Tract: 411400

Geography

  • District: 282089
  • Section: 41
  • Parcel: 41-027-00-0009
  • Block: 27
  • Lot: 9
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6296
  • Longitude: -73.7052

    Address

  • Full Address: 998 Allen Ln
  • Address - House Number: 998
  • Address - Street Name: Allen
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Woodmere
  • Carrier Code: C005
  • 4-Digit Zip Code: 1705
  • Zip Code: 11598

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,744
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 175

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,025,800
  • High Value: 1,191,336
  • Low Value: 860,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $890,000
  • First Open Lien Mortgage Lender: CITIBANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $890,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $725,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $725
  • Assessed Land Value: $370
  • Assessed Improvements Value: $355

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11644010729
  • Current Sale Price: $1,112,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2019-070437
  • Previous Sale Recording Date: Oct 23, 1997
  • Previous Sale Contract Date: Oct 14, 1997
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK
  • First Mortgage Transaction Date: Aug 20, 2019
  • First Mortgage Loan Amount: $890,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 998 Allen Lane located in?
The 998 Allen Lane is a house located in the neighborhood of Woodmere in Five Towns, Woodmere.
What is the average sales price for listings in 998 Allen Lane?
The average sales price for units in 998 Allen Lane is $0 currently.

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