1550 Park Ave Merrick, NY 11566
Estimated Value: $1,277,206 - $1,341,000
4
Beds
3
Baths
2,671
Sq Ft
$490/Sq Ft
Est. Value
About This Home
This home is located at 1550 Park Ave, Merrick, NY 11566 and is currently estimated at $1,309,103, approximately $490 per square foot. 1550 Park Ave is a home located in Nassau County with nearby schools including Grand Avenue Middle School, Wellington C Mepham High School, and Sacred Heart School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2012
Sold by
Bee-Hive Development Corp
Bought by
Cheung Kit Ming and Cheung Diana W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$366,217
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$942,886
Purchase Details
Closed on
Nov 24, 2010
Sold by
Cave Terrence J
Bought by
Bee Hive Development Corp
Purchase Details
Closed on
Feb 21, 2005
Sold by
Cave Ellen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheung Kit Ming | -- | Judicial Title Agency 109064 | |
| Bee Hive Development Corp | $312,500 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheung Kit Ming | $532,000 |
Source: Public Records
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 | $21,060 | $731 | $206 | $525 |
| 2024 | $6,212 | $780 | $219 | $561 |
| 2023 | $22,391 | $798 | $225 | $573 |
| 2022 | $22,391 | $811 | $228 | $583 |
| 2021 | $33,068 | $845 | $238 | $607 |
| 2020 | $29,306 | $1,788 | $628 | $1,160 |
| 2019 | $31,454 | $1,788 | $628 | $1,160 |
| 2018 | $29,567 | $1,788 | $0 | $0 |
| 2017 | $18,070 | $1,788 | $628 | $1,160 |
| 2016 | $26,068 | $1,788 | $628 | $1,160 |
| 2015 | $7,384 | $1,788 | $628 | $1,160 |
| 2014 | $7,384 | $1,788 | $628 | $1,160 |
| 2013 | $6,898 | $1,788 | $628 | $1,160 |
Source: Public Records
Map
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