NOT LISTED FOR SALE

123 Valley Ave Locust Valley, NY 11560

Estimated Value: $817,000 - $1,011,659

4 Beds
2 Baths
1,521 Sq Ft
$601/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $705,000 $464 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,192/month

153 Days on Market

Highlights

  • 0.44 Acre Lot
  • Property is near public transit
  • 2-Story Property
  • Locust Valley High School Rated A
  • Private Lot
  • Partially Wooded Lot

About This Home

As of April 2021

Updated Ranch with incredible privacy on one of Locust Valley's most desirable streets. Huge potential in finished walk out basement, updated kitchen and baths, two separate patios, heated 2-car garage with workbench. Great value in award winning Locust Valley School District! Enjoy everything the Village of Lattingtown has to offer, beach rights, mooring, and golf privileges at the Glen Cove Golf Course.

Last Agent to Sell the Property

Robert Hulse

Compass Greater NY LLC Brokerage Phone: 631-629-7719 License #10401215160 Listed on: 09/18/2020

Compass Greater NY LLC

Last Buyer's Agent

Donna Scala

LAFFEY REAL ESTATE License #10301214041

LAFFEY REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,665

Year Built

  • Built in 1961

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 116x165
  • Partially Fenced Property
  • Private Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 2-Story Property
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Ann Macarthur Primary Elementary School
  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 72 / M01
  • Assessor Parcel Number 2411-29-M-01-0072-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,665

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Levels: Two
  • Year Built: 1961
  • New Construction: No
  • Attribution Contact: 631-629-7719
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Living Room/Dining Room Combo, Master Bath
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Ceiling Fan,Dryer,Mailbox,Refrigerator,Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • AtticDescription: Scuttle
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame, Wood Siding
  • Fencing: Partial
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air, Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Septic Tank
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Dimensions: 116x165
  • Lot Size Sq Ft: 19284
  • Lot Size Units: Acres
  • Lot Features: Part Wooded, Near Public Transit, Private
  • Parcel Number: 2411-29-M-01-0072-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-09-22

Rental Info

  • Lease Considered: No
  • Available Date: 2021-04-01

Tax Info

  • Tax Annual Amount: 13664.63
  • Tax Block: M01
  • Tax Lot: 72
  • Tax Other Annual Assessment Amount: 467.75
  • Tax Map Number: 2411-29-M-01-0072-0

MLS Schools

  • Elementary School: Ann Macarthur Primary School
  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Apr 22, 2021
Sold by
Farren Sean S and Farren Elizabeth J
Bought by
Budinich Richard T and Budinich Janet Rose
Seller's Agent
Robert Hulse
Compass Greater NY LLC
Buyer's Agent
Donna Scala
LAFFEY REAL ESTATE
List Price
$715,000
Sold Price
$705,000
Premium/Discount to List
-$10,000
-1.4%
Current Estimated Value
$914,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,330
Avg. Annual Appreciation
8.25%
Original Mortgage
$599,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Hannon David
Bought by
Farren Sean

Purchase Details

Closed on
Dec 17, 2002
Sold by
Feminella Jo-Ann
Bought by
Hannon David
Source: Public Records

Range of Values:

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Average Value
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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
Budinich Richard T $705,000 First American Title
Budinich Richard T $705,000 First American Title
Farren Sean $789,000 --
Farren Sean $789,000 --
Hannon David $600,000 --
Hannon David $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Budinich Richard T $599,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $705,000 -1.4% $464 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $715,000 0.0% $470 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
11/12/2020 11/12/20 Price Changed $715,000 -1.9% $470 / Sq Ft
09/18/2020 09/18/20 For Sale $729,000 -- $479 / Sq Ft
Source: OneKey® MLS

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 $3,848 $568 $295 $273
2024 $3,848 $616 $320 $296
2023 $12,914 $586 $304 $282
2022 $12,914 $616 $320 $296
2021 $13,564 $593 $308 $285
2020 $12,700 $1,036 $1,035 $1
2019 $10,340 $1,036 $1,035 $1
2018 $10,340 $1,036 $0 $0
2017 $6,900 $1,036 $1,035 $1
2016 $9,942 $1,036 $1,035 $1
2015 $2,612 $1,036 $1,035 $1
2014 $2,612 $1,036 $1,035 $1
2013 $2,468 $1,036 $1,035 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3253492

OneKey® MLS

APN: 2411-29-M-01-0072-0