NOT LISTED FOR SALE

1 Lake Ave Merrick, NY 11566

Estimated Value: $949,000 - $1,011,975

-- Bed
-- Bath
2,057 Sq Ft
$477/Sq Ft Est. Value

About This Home

This home is located at 1 Lake Ave, Merrick, NY 11566 and is currently estimated at $980,488, approximately $476 per square foot. 1 Lake Ave is a home located in Nassau County with nearby schools including Merrick Avenue Middle School, Sanford H Calhoun High School, and Sacred Heart School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2022
Sold by
Fannin Christopher A and Fannin Diana
Bought by
Mahabal Kevin and Prashad Mohani
Current Estimated Value
$980,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Outstanding Balance
$567,484
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$413,004

Purchase Details

Closed on
Jun 17, 2010
Sold by
Ross Osattin Susan Linda and Ross Deborah Ellen
Bought by
Fannin Christopher and Fannin Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mahabal Kevin $815,000 First American Title
Mahabal Kevin $815,000 First American Title
Fannin Christopher $390,000 --
Fannin Christopher $390,000 --
Fannin Christopher $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahabal Kevin $611,250
Closed Mahabal Kevin $611,250
Previous Owner Fannin Christopher $240,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,652 $575 $362 $213
2024 $4,358 $575 $362 $213
2023 $15,416 $575 $362 $213
2022 $15,416 $575 $362 $213
2021 $21,092 $559 $352 $207
2020 $15,373 $826 $659 $167
2019 $4,031 $826 $659 $167
2018 $4,158 $894 $0 $0
2017 $8,543 $894 $713 $181
2016 $12,542 $894 $713 $181
2015 $3,692 $894 $630 $264
2014 $3,692 $894 $630 $264
2013 $3,310 $858 $627 $231
Source: Public Records

Map

New York Nassau County Merrick 11566

1 Lake Ave, Merrick, NY

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