$1,535,000
SOLD SEP 20, 2024

1386 Merrick Ave Merrick, NY 11566

North Merrick Neighborhood
6 Beds
7.5 Baths
6,000 Sq Ft
0.44 Acres

Recently Sold

$256 Per Sq Ft

20% Below List Price

38 Days on Market

Highlights

  • Gourmet Galley Kitchen
  • 0.44 Acre Lot
  • Deck
  • Merrick Avenue Middle School Rated A
  • Colonial Architecture
  • Property is near public transit

About This Home

As of September 2024

Palatial Central Hall Colonial home located in the desirable North Merrick area of Long Island which boasts 6 Large bedrooms, 7.1 baths & fully finished basement thats not part of the sqft. Step into the grand foyer where a spiral staircase & sparkling chandelier set the tone for this magnificient residence. Plenty of amenties like schools, shops and easy commute to Manhattan (NYC) or Queens via Long Island Rail road or highways. Home features a wrap around deck, well manicurred landscaping with private enclosed backyard for lavish entertainment and summer barbecues. Circular driveway and Detached 2 car garage w/ parking spaces for large family gatherings & celebrations. Almost half acres of level property with room for pool/play sets. Each bedrooms are massive with its own full bathroom & closet space. Master bedroom suite encompases a large walk-in closet with built-ins size of a bedroom with its own Full bath w/ Whirpool/jacuzzi. Let your imagination run wild w/ this space. Additional Information: Amenities:Dressing Area,Storage,ParkingFeatures:2 Car Detached,

Last Agent to Sell the Property

Anil Soman

Houlihan Lawrence Inc. Brokerage Phone: (914) 328-8400 License #10301203879 Listed on: 06/17/2024

Houlihan Lawrence Inc.

Last Buyer's Agent

Anthony LaBella

EXP Realty License #10401360169

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,000

Year Built

  • Built in 1992

Lot Details

  • 0.44 Acre Lot
  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Chandelier
  • 1 Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Galley Kitchen
  • Convection Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Private Mailbox

Location

  • Property is near public transit

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2089-55-001-00-0093-0

Community Details

Overview

  • Center Hall Colonial

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,000

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Levels: Two
  • Year Built: 1992
  • Attribution Contact: (914) 328-8400
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • Interior Amenities: Ceiling Fan(s), Chandelier, Whirlpool Tub, Master Downstairs, First Floor Bedroom, First Floor Full Bath, Cathedral Ceiling(s), Chefs Kitchen, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Formal Dining, Granite Counters, Kitchen Island, Primary Bathroom, Open Kitchen, Walk-In Closet(s), Walk Through Kitchen, Wet Bar
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Door Hardware,Fireplace Equip,Flat Screen TV Bracket,Light Fixtures,Oven/Range,Second Dishwasher,Second Refrigerator,Second Stove
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 6000
  • Window Features: Drapes, Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Other Equipment: Dehumidifier
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Stone, Brick
  • Fencing: Fenced
  • Exterior Features: Gas Grill, Mailbox
  • Patio and Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached, Driveway, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Security: Video Cameras, Security System, Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.4444
  • Lot Size Area: 0.4444
  • Lot Size Sq Ft: 19358
  • Lot Features: Near School, Near Shops, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Level
  • Parcel Number: 2089-55-001-00-0093-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 27000
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 19, 2024
Sold by
Babu Palackal and Babu Sumathy
Bought by
Nat Rupinderpal S and Nat Mandip K
Seller's Agent
Anil Soman
Houlihan Lawrence Inc.
Buyer's Agent
Anthony LaBella
EXP Realty
List Price
$1,925,000
Sold Price
$1,535,000
Premium/Discount to List
-$390,000
-20.26%
Total Days on Market
38
Current Estimated Value
$1,633,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,796
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,216,000
Outstanding Balance
$1,205,671
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$428,125

Purchase Details

Closed on
Apr 25, 2024
Sold by
Babu Bindu and Babu Betsy
Bought by
Babu Palackal and Babu Sumathy

Purchase Details

Closed on
Apr 6, 2023
Sold by
Babu Palackal and Babu Sumathy
Bought by
Babu Palackal and Babu Sumathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,300
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2020
Sold by
Babu Bindu and Babu Betsy
Bought by
Babu Palackal and Babu Sumathy

Purchase Details

Closed on
Mar 18, 2019
Sold by
Babu Bindu
Bought by
Babu Bersy

Purchase Details

Closed on
Jun 27, 2017
Sold by
Babu Palackal and Babu Sumathy
Bought by
Babu Bindu and Babu Betsy

Purchase Details

Closed on
Aug 10, 2005
Sold by
Brandstetter Frank
Bought by
Babu Palackal
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $1,535,000 Highland Title Ins Agcy Llc
Bargain Sale Deed $1,535,000 Highland Title Ins Agcy Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Quicksilva Title & Escrow
Interfamily Deed Transfer -- Quicksilva Title & Escrow
Interfamily Deed Transfer -- Quicksilva Title & Escrow
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer -- Paragon Abstract Inc
Interfamily Deed Transfer -- Paragon Abstract Inc
Interfamily Deed Transfer -- Paragon Abstract Inc
Deed $1,225,000 --
Deed $1,225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,216,000 New Conventional
Closed $1,216,000 New Conventional
Previous Owner $404,300 New Conventional
Previous Owner $12,838 New Conventional
Previous Owner $172,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,535,000 -20.3% $256 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $1,925,000 -- $321 / 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
2024 $7,077 $960 $302 $658
2023 $26,017 $1,060 $333 $727
2022 $26,017 $1,060 $333 $727
2021 $25,442 $1,055 $331 $724
2020 $25,709 $1,379 $737 $642
2019 $24,266 $1,431 $765 $666
2018 $23,681 $1,431 $0 $0
2017 $14,487 $1,431 $576 $855
2016 $20,889 $1,431 $547 $884
2015 $7,847 $1,900 $624 $1,276
2014 $7,847 $1,900 $624 $1,276
2013 $7,716 $2,000 $656 $1,344
Source: Public Records

Agents Affiliated with this Home

  • Anil Soman

    Seller's Agent in 2024

    Anil Soman

    Houlihan Lawrence Inc.

    (914) 906-6762

    1 in this area

    37 Total Sales

    Anil Soman
    Section Image
  • Anthony LaBella

    Buyer's Agent in 2024

    Anthony LaBella

    EXP Realty

    (516) 765-7090

    1 in this area

    25 Total Sales

    Anthony LaBella
    Section Image
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Map

Source: OneKey® MLS

MLS Number: H6304056

OneKey® MLS

APN: 2089-55-001-00-0093-0

New York Nassau County Merrick 11566 North Merrick

1386 Merrick Ave, Merrick, NY

This home is located at 1386 Merrick Ave, Merrick, NY 11566 and is currently priced at $1,535,000, approximately $255 per square foot. This property was built in 1992. 1386 Merrick 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.

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