NOT LISTED FOR SALE

Estimated Value: $1,468,000

5 Beds
3 Baths
3,700 Sq Ft
$397/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,300,000 $351 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,024/month

220 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • 1 Fireplace
  • Merrick Avenue Middle School Rated A
  • Home Energy Rating Service (HERS) Rated Property
  • 4-minute walk to Merrick's Veteran Memorial Park

About This Home

As of February 2024

This is an exceptional opportunity to own a stunning new custom colonial home located in the sought-after North Merrick School district. Boasting 3700 square feet of living space, this home is situated on a spacious 70x105 lot and will be equipped with all the modern amenities you could want. With Wainscot molding throughout the main floor, this home will exude elegance and sophistication. Additional features include black windows, black leaders and gutters, and access from two streets, making this a truly unique property. Don't miss out on the chance to own your dream home, complete with all the bells and whistles.

Last Agent to Sell the Property

Demetrios Droggitis

Century Homes Realty Group LLC Brokerage Phone: 718-886-6800 License #10401317920 Listed on: 03/22/2023

Co-Listed By

Oreste Kavvadas

Century Homes Realty Group LLC Brokerage Phone: 718-886-6800 License #10401373680

Last Buyer's Agent

Demetrios Droggitis

Century Homes Realty Group LLC Brokerage Phone: 718-886-6800 License #10401317920 Listed on: 03/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,836

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Merrick Avenue Middle School
  • Sanford H Calhoun High School

Utilities

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

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • 8,836 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 1 / 510
  • Assessor Parcel Number 2089-56-510-00-0001-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,793

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2023
  • New Construction: Yes
  • Attribution Contact: 718-886-6800
  • Co List Office Mls Id: ONEDAER01
  • Co List Office Phone: 718-886-6800
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 3700
  • AtticDescription: Pull Stairs
  • SquareFootage: 3700.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Merrick Avenue Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 8836
  • Lot Size Sq Ft: 8836
  • Lot Size Units: Acres
  • Parcel Number: 2089-56-510-00-0001-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Block: 510
  • Tax Lot: 1
  • Tax Map Number: 2089-56-510-00-0001-0

MLS Schools

  • High School: Sanford H Calhoun High School
  • Middle School District: North Merrick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Feb 9, 2024
Sold by
Multiple Investors 1 Llc
Bought by
16 Fletcher Ave Llc
Seller's Agent
Demetrios Droggitis
Century Homes Realty Group LLC
Buyer's Agent
Demetrios Droggitis
Century Homes Realty Group LLC
List Price
$1,488,888
Sold Price
$1,300,000
Premium/Discount to List
-$188,888
-12.69%
Total Days on Market
220
Views
741
Current Estimated Value
$1,468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,000
Avg. Annual Appreciation
9.72%
Original Mortgage
$932,000
Outstanding Balance
$920,009
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$547,991

Purchase Details

Listed on
Dec 6, 2021
Closed on
Mar 15, 2022
Sold by
Estate Of Louis F Vagnone and Vagnone
Bought by
Multiple Investors 1 Llc
Seller's Agent
Gazi Islam
Exit Realty Prime
Buyer's Agent
Marian Nayroze
Property Professionals Realty
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.92%
Original Mortgage
$800,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 2007
Sold by
Louis Vagnone
Source: Public Records

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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
16 Fletcher Ave Llc $1,300,000 Fidelity National Ttl Ins Co
16 Fletcher Ave Llc $1,300,000 Fidelity National Ttl Ins Co
Multiple Investors 1 Llc $410,000 Westcor Land Title Ins Co
Multiple Investors 1 Llc $410,000 Westcor Land Title Ins Co
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Fletcher Ave Llc $932,000
Closed 16 Fletcher Ave Llc $932,000
Previous Owner Multiple Investors I Llc $840,000
Previous Owner Multiple Investors 1 Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $1,300,000 -12.7% $351 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $1,488,888 +197.8% $402 / Sq Ft
03/15/2022 03/15/22 Sold $500,000 +4.4% $817 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $479,000 -- $783 / 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 $2,793 $360 $238 $122
2023 $10,150 $360 $238 $122
2022 $10,150 $360 $238 $122
2021 $12,161 $350 $231 $119
2020 $9,935 $609 $608 $1
2019 $2,972 $609 $608 $1
2018 $2,690 $609 $0 $0
2017 $3,828 $609 $608 $1
2016 $6,552 $609 $592 $17
2015 $2,515 $609 $592 $17
2014 $2,515 $609 $592 $17
2013 $2,558 $663 $645 $18
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3466095

OneKey® MLS

APN: 2089-56-510-00-0001-0