NOT LISTED FOR SALE

Estimated Value: $649,000 - $723,033

-- Bed
2 Baths
1,304 Sq Ft
$526/Sq Ft Est. Value

About This Home

This home is located at 1040 Ott Ln, Merrick, NY 11566 and is currently estimated at $686,017, approximately $526 per square foot. 1040 Ott Ln 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
Jul 20, 2021
Sold by
Acquavito Robert and Acquavito Maria
Bought by
Acquavito Robert
Current Estimated Value
$676,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$347,521
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$297,878

Purchase Details

Closed on
Nov 12, 1998
Sold by
Retained Realty Inc
Bought by
Acquavito Robert and Acquavito Maria

Purchase Details

Closed on
Aug 5, 1998
Sold by
Wood James
Bought by
Retained Realty Inc

Purchase Details

Closed on
Jul 12, 1994
Sold by
Lombardo Benjamin and Lombardo Lucille
Bought by
Wood James and Wood Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
8.33%
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
Acquavito Robert $475,000 Fidelity National Title
Acquavito Robert $475,000 Fidelity National Title
Acquavito Robert $164,000 --
Acquavito Robert $164,000 --
Retained Realty Inc $153,122 --
Retained Realty Inc $153,122 --
Wood James $163,500 --
Wood James $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acquavito Robert $380,000
Closed Acquavito Robert $380,000
Previous Owner Acquavito Robert $50,000
Previous Owner Wood James $146,700
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 $3,229 $446 $206 $240
2024 $3,229 $434 $201 $233
2023 $11,694 $474 $228 $246
2022 $11,694 $448 $207 $241
2021 $11,589 $441 $204 $237
2020 $7,783 $510 $403 $107
2019 $8,190 $546 $404 $142
2018 $8,267 $583 $0 $0
2017 $5,499 $619 $407 $212
2016 $8,374 $656 $388 $268
2015 $3,006 $692 $410 $282
2014 $3,006 $692 $410 $282
2013 $2,945 $728 $431 $297
Source: Public Records

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