NOT LISTED FOR SALE

16 Merit Ln Jericho, NY 11753

Estimated Value: $1,182,000 - $1,276,747

3 Beds
2.5 Baths
1,883 Sq Ft
$653/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $1,128,000 $599 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,276/month

41 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Flooring
  • Jericho Middle School Rated A+
  • Private Lot
  • 1 Fireplace

About This Home

As of July 2023

Capri Split in the heart of East Birchwood- a quiet street in Jericho School District! Updated light & bright open kitchen concept with granite countertops, 5 year old appliances and skylight. Sliding door leads to cedar deck with hot tub!! Updated Main bathroom , Roof & CAC updated, Oil Burner 2019, Updated IGS. Den with wood burning fireplace and slider that leads out to a paver patio, finished basement with office & laundry. Hi hats throughout the house! Private fenced yard 80x125. Garage floor & driveway 2017. Gas in front of house for easy conversion!! Taxes were successfully grieved- reduction of 6.5% ! Taxes currently with STAR reduction $19,727.57 ( not including the reduction for 2024 taxes).

Last Agent to Sell the Property

Mara Navaretta

Homes By Mara Brokerage Phone: 516-551-3347 License #10311202283 Listed on: 02/08/2023

Last Buyer's Agent

Mara Navaretta

Homes By Mara Brokerage Phone: 516-551-3347 License #10311202283 Listed on: 02/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,128

Year Built

  • Built in 1957

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • West Facing Home
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,883 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Washer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Schools

  • George A Jackson Elementary School
  • Jericho Middle School
  • Jericho Senior High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 12 / 507
  • Assessor Parcel Number 2489-12-507-00-0012-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,128

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1957
  • New Construction: No
  • Attribution Contact: 516-551-3347
  • BuildingSize: 1883 sq ft
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining, L Dining, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: Dishwasher,Hot Tub,Refrigerator,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1883
  • AtticDescription: Partial
  • SquareFootage: 1883.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: West
  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck
  • 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: Oil, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: yes

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: East Birchwood

Schools

  • Middle School: Jericho Middle School

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 80x125
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 2489-12-507-00-0012-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-06-15

Tax Info

  • Tax Annual Amount: 21127.57
  • Tax Block: 507
  • Tax Lot: 12
  • Tax Map Number: 2489-12-507-00-0012-0

MLS Schools

  • Elementary School: George A Jackson School
  • High School: Jericho Senior High School
  • Middle School District: Jericho

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Jul 25, 2023
Sold by
Rudolph Leonard and Rudolph Audrey
Bought by
Qiu Hanghai
Seller's Agent
Mara Navaretta
Homes By Mara
Buyer's Agent
Mara Navaretta
Homes By Mara
List Price
$1,178,000
Sold Price
$1,128,000
Premium/Discount to List
-$50,000
-4.24%
Views
75
Current Estimated Value
$1,229,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,374
Avg. Annual Appreciation
3.62%
Original Mortgage
$789,600
Outstanding Balance
$768,409
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$460,965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Qiu Hanghai $1,128,000 Judicial Title
Qiu Hanghai $1,128,000 Judicial Title
Qiu Hanghai $1,128,000 Judicial Title
Qiu Hanghai $1,128,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Hanghai $789,600
Closed Qiu Hanghai $789,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $1,128,000 0.0% $599 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/05/2023 03/05/23 Off Market $1,128,000 -- --
02/08/2023 02/08/23 For Sale $1,178,000 -- $626 / 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 $22,024 $780 $408 $372
2024 $6,491 $804 $430 $374
2023 $21,128 $918 $480 $438
2022 $21,128 $878 $459 $419
2021 $16,223 $879 $459 $420
2020 $16,169 $846 $659 $187
2019 $13,840 $906 $661 $245
2018 $12,921 $967 $0 $0
2017 $8,387 $1,027 $666 $361
2016 $13,296 $1,088 $636 $452
2015 $4,952 $1,148 $671 $477
2014 $4,952 $1,148 $671 $477
2013 $4,753 $1,208 $706 $502
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3457361

OneKey® MLS

APN: 2489-12-507-00-0012-0