Seller's Agent in 2022
Derek Greene
Greene Realty Group
(860) 560-1006
1 in this area
2,988 Total Sales
1 Lake Ave Merrick, NY 11566
Estimated Value: $949,000 - $1,011,975
4
Beds
2
Baths
2,200
Sq Ft
$446/Sq Ft
Est. Value
Highlights
- Panoramic View
- 0.41 Acre Lot
- Wood Flooring
- Merrick Avenue Middle School Rated A
- Ranch Style House
- 1 Fireplace
About This Home
As of February 2022Nestled on a huge 300x100 property. This updated 4 bed, 2 full bath sprawling ranch has around 2100sq/ft of living space on a single floor, open floor plan and a large private backyard. This property features a new custom eat in kitchen with center island, central air, wood burning fireplace, beautiful flooring, TWO large driveways that can hold up to 9 cars and a 2.5 car detached garage which was built around 2014. In addition, it also has a 2 car carport, breath taking custom waterfall in the front, Low voltage landscape lighting, large paver patio, Large family room, laundry room & utility room. This is a high-efficiency smart home with a high-efficiency gas boiler, LED lighting, voice controlled lights/blinds, 24 HD Security cameras, alarm and an 11 zone irrigation system. This house also has a stand-up attic & an additional 200 square foot storage shed built into the carport. Storage will never be an issue!
Last Agent to Sell the Property
Greene Realty Group License #10371200613 Listed on: 11/12/2021
Last Buyer's Agent
Non Member
NonMember
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,609
Year Built
- Built in 1951 | Remodeled in 2016
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 300x100
- Corner Lot
Parking
- 2 Car Detached Garage
- Carport
- Driveway
- On-Street Parking
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,200 Sq Ft Home
- Skylights
- 1 Fireplace
- Double Pane Windows
- Formal Dining Room
- Home Office
- Storage
- Home Gym
- Panoramic Views
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Microwave
- Granite Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Home Security
- Home Security System
- Smart Thermostat
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Schools
- Merrick Avenue Middle School
- Sanford H Calhoun High School
Utilities
- ENERGY STAR Qualified Air Conditioning
- Central Air
- 3 Heating Zones
- Baseboard Heating
- Heating System Uses Natural Gas
- Tankless Water Heater
- Municipal Trash
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2021
Closed on
Feb 26, 2022
Sold by
Fannin Christopher A and Fannin Diana
Bought by
Mahabal Kevin and Prashad Mohani
Seller's Agent
Derek Greene
Greene Realty Group
Buyer's Agent
Non Member
NonMember
List Price
$749,999
Sold Price
$815,000
Premium/Discount to List
$65,001
8.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,488
Avg. Annual Appreciation
5.15%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $815,000 | +8.7% | $370 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/12/2021 11/12/21 | For Sale | $749,999 | -- | $341 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Derek Greene
-
N
Buyer's Agent in 2022
Non Member
NonMember
Map
Source: OneKey® MLS
MLS Number: KEY3359172
APN: 2089-56-144-00-0013-0
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