NOT LISTED FOR SALE

163 Sherman Ave Merrick, NY 11566

Estimated Value: $1,367,787 - $1,826,000

5 Beds
3 Baths
1,075 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $1,500,000 $1,395 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,563/month

12 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • 1 Car Attached Garage
  • Merrick Avenue Middle School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Welcome To Open Concept Colonial Nestled In The Heart Merrick, North Merrick Schools. This Luxurious Open Floor Plan New Construction Offers 2 Story Vaulted Entry Foyer That Opens Up To A Beautiful Living Room And Formal Dining Room With Custom Millwork Throughout The House. Gourmet Eat In Kitchen With Customized Cabinetry, Beautiful Island And Stainless Steel Appliances. This Stunning Design Continues to Sun Drenched And Inviting Family Room with Fireplace, Guest Bedroom With Ensuite Full Bathroom. On The Second Level, Primary Bedroom With Ensuite Designer Bathroom And Walk in Closets. 3 Additional Generous Sized Bedrooms, Full Elegant Bathroom. Laundry Room in Second Level, Two Zone Heat and Central Air Conditioning, Basement with Outside Entrance. Superb Workmanship And Attention To Details Makes This Property Your Dream Home! MUST See.. This Will Not Last!!

Last Agent to Sell the Property

Raida Obeidat

Douglas Elliman Real Estate Brokerage Phone: 516-921-2262 License #40OB1117784 Listed on: 04/03/2024

Douglas Elliman Real Estate

Last Buyer's Agent

Raida Obeidat

Douglas Elliman Real Estate Brokerage Phone: 516-921-2262 License #40OB1117784 Listed on: 04/03/2024

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,875 Sq Ft Lot
  • Lot Dimensions are 55x125

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Merrick Avenue Middle School
  • Sanford H Calhoun High School

Utilities

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

Listing and Financial Details

  • Exclusions: Grill
  • Legal Lot and Block 61 / 27
  • Assessor Parcel Number 2089-56-027-00-0061-0

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Exclusions: Grill
  • Year Built: 2024
  • New Construction: Yes
  • Attribution Contact: 516-921-2262
  • 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: Full, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • AtticDescription: Full
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Merrick Avenue Middle School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 55x125
  • Lot Size Sq Ft: 6875
  • Lot Size Units: Acres
  • Parcel Number: 2089-56-027-00-0061-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Block: 27
  • Tax Lot: 61
  • Tax Map Number: 2089-56-027-00-0061-0
  • IncludedInTaxes: Sewer,Trash

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
Apr 3, 2024
Closed on
Jun 3, 2024
Sold by
Whitman Construction Inc
Bought by
Schaefer Michael J and Schaefer Gannon R
Seller's Agent
Raida Obeidat
Douglas Elliman Real Estate
Buyer's Agent
Raida Obeidat
Douglas Elliman Real Estate
List Price
$1,528,000
Sold Price
$1,500,000
Premium/Discount to List
-$28,000
-1.83%
Views
72
Current Estimated Value
$1,596,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,894
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,200,000
Outstanding Balance
$1,179,627
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$417,267

Purchase Details

Closed on
Jun 30, 2022
Sold by
Barnett Wayne
Bought by
Whitman Construction Inc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Hughes Linda T
Bought by
Barnett Marie and Dimatteo Lorraine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Schaefer Michael J $1,500,000 Fidelity National Ttl Ins Co
Schaefer Michael J $1,500,000 Fidelity National Ttl Ins Co
Whitman Construction Inc $535,000 Riverside Abstract Llc
Whitman Construction Inc $535,000 Riverside Abstract Llc
Whitman Construction Inc $535,000 Riverside Abstract Llc
Barnett Marie $400,000 --
Barnett Marie $400,000 --
Barnett Marie $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Michael J $1,200,000
Closed Schaefer Michael J $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $1,500,000 0.0% $1,395 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/13/2024 04/13/24 Off Market $1,500,000 -- --
04/03/2024 04/03/24 For Sale $1,528,000 -- $1,421 / Sq Ft
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 $13,061 $451 $211 $240
2024 $3,205 $436 $204 $232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3541928

OneKey® MLS

APN: 2089-56-027-00-0061-0