NOT LISTED FOR SALE

1616 Park Ave Merrick, NY 11566

Estimated Value: $712,314 - $713,000

3 Beds
1 Bath
1,158 Sq Ft
$615/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $325,000 $281 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,733/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Wood Siding
  • Grand Avenue Middle School Rated A
  • Eat-In Kitchen

About This Home

As of July 2020

Location, Location, Location! Perfect opportunity to own in the heart of Merrick. Home has 3BR, 1 Full Bath, Huge Kitchen, Nice Living Space. Perfect home for 203k or rehab loan. Needs some updating. Owner wants to hear all offers., Additional information: Business Located At:,Interior Features:Lr/Dr,Rental Income:

Last Agent to Sell the Property

Mark Trucios

Master Estates License #37TR0901067 Listed on: 02/28/2020

Co-Listed By

Robert Newman

Master Estates License #10401290988

Last Buyer's Agent

Robyn Goldowski

Daniel Gale Sothebys Intl Rlty License #10401288705

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,723

Year Built

  • Built in 1958

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 45x125

Parking

  • Private Parking

Home Design

  • Ranch Style House
  • Wood Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 137 / 62
  • Assessor Parcel Number 2089-56-062-00-0137-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,723

Year Built

Built in 1958

Lot Details

5,625 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1958
  • Co List Office Mls Id: KEYMEST01
  • Co List Office Phone: 631-255-3044
  • CurrentPrice: 325000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.87146
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Basement: Full, Partially Finished
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Wood Siding
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Private

Utilities

  • Heating: Oil
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 45x125
  • Lot Size Sq Ft: 5625
  • Parcel Number: 2089-56-062-00-0137-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 13723
  • Tax Block: 62
  • Tax Lot: 137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Everlong Homes Llc
Bought by
Cassuto Lisa E
Current Estimated Value
$712,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$282,217
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$430,440

Purchase Details

Closed on
Oct 13, 2020
Sold by
Like Father Like Daughter Llc
Bought by
Everlong Homes Llc

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 21, 2020
Sold by
Eddie Rosenthal and Bella Goldstein Estate
Bought by
Like Father Like Daughter Llc
Seller's Agent
Mark Trucios
Master Estates
Buyer's Agent
Robyn Goldowski
Daniel Gale Sothebys Intl Rlty
List Price
$459,000
Sold Price
$325,000
Premium/Discount to List
-$134,000
-29.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Source: Public Records
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
Cassuto Lisa E $520,000 Westcor Land Title
Cassuto Lisa E $520,000 Westcor Land Title
Cassuto Lisa E $520,000 Westcor Land Title
Everlong Homes Llc $400,000 Judicial Title
Everlong Homes Llc $400,000 Judicial Title
Everlong Homes Llc $400,000 Judicial Title
Like Father Like Daughter Llc $325,000 New York Title
Like Father Like Daughter Llc $325,000 New York Title
Like Father Like Daughter Llc $325,000 New York Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassuto Lisa E $315,000
Closed Cassuto Lisa E $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $325,000 -- --
07/21/2020 07/21/20 Sold $325,000 -18.8% $281 / Sq Ft
03/21/2020 03/21/20 Price Changed $400,000 -12.9% $345 / Sq Ft
02/28/2020 02/28/20 For Sale $459,000 -- $396 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
Source: OneKey® MLS

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 $12,302 $427 $183 $244
2024 $3,213 $416 $178 $238
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3203861

OneKey® MLS

APN: 2089-56-062-00-0137-0

Your Personal Tour Guide

Ask me questions while you tour the home.