NOT LISTED FOR SALE

188 Peninsula Dr Babylon, NY 11702

Estimated Value: $2,141,000 - $3,067,000

5 Beds
3.5 Baths
4,360 Sq Ft
$571/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $1,900,000 $436 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $20,275/month

Highlights

  • In Ground Pool
  • Waterfront
  • Colonial Architecture
  • Babylon Memorial Grade School Rated A-
  • 0.63 Acre Lot
  • Wood Flooring

About This Home

As of July 2020

Custom waterfront home on widest and deepest portion of desired Fosters Creek. Open floor plan with a gourmet kitchen, great room, living room with gas FP, formal dining room, guest room/den w/full bath. Second floor master bed with dressing room, ensuite, 3 additional bedrooms, full bath. Resort style yard with 1200 sqft travertine terrace, custom gunite pool, and protected boat slip.

Last Agent to Sell the Property

Karen Forlano

Charles Rutenberg Realty Inc License #40FO1100474 Listed on: 08/24/2019

Charles Rutenberg Realty Inc

Last Buyer's Agent

Melissa LoCurto

Douglas Elliman Real Estate License #40LO1057103

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,391

Year Built

  • Built in 2004

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Sprinkler System

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,360 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Patio

Schools

  • Babylon Junior-Senior High Middle School
  • Babylon Junior-Senior High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,391

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 2004
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Interior Amenities: Smart Thermostat, Master Downstairs, Den/Family Room, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space, Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4360
  • Window Features: Insulated Windows
  • AtticDescription: See Remarks
  • SquareFootage: 4360.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick
  • Frontage Length: 135
  • Waterfront Features: Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler System, Bulkhead
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Babylon Junior-Senior High School

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Dimensions: .72
  • Lot Size Sq Ft: 27371
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2019-08-28

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 39391
  • Tax Other Annual Assessment Amount: 3905

MLS Schools

  • High School: Babylon Junior-Senior High School
  • Middle School District: Babylon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Jul 23, 2020
Sold by
Forlano David and Forlano Karen
Bought by
Maurel Francois
Seller's Agent
Karen Forlano
Charles Rutenberg Realty Inc
Buyer's Agent
Melissa LoCurto
Douglas Elliman Real Estate
List Price
$2,095,000
Sold Price
$1,900,000
Premium/Discount to List
-$195,000
-9.31%
Current Estimated Value
$3,067,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,000
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Jul 16, 2004
Sold by
J J Nazzaro Associates Ltd
Bought by
Forlano David and Forlano Karen

Purchase Details

Closed on
Jan 2, 2002
Sold by
Samak Gustav C and Samak Marta M
Bought by
J J Nazzaro Associates Ltd
Source: Public Records

Range of Values:

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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
Maurel Francois $1,900,000 None Available
Forlano David $1,495,000 --
J J Nazzaro Associates Ltd $700,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forlano David $12,331
Previous Owner J J Nazzaro Associates Ltd $149,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $1,900,000 -4.8% $436 / Sq Ft
11/01/2019 11/01/19 Price Changed $1,995,000 -4.8% $458 / Sq Ft
08/24/2019 08/24/19 For Sale $2,095,000 -- $481 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
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 $42,764 $11,840 $2,560 $9,280
2023 $38,264 $11,840 $2,560 $9,280
2022 $33,199 $11,840 $2,560 $9,280
2021 $33,199 $11,840 $2,560 $9,280
2020 $39,777 $11,840 $2,560 $9,280
2019 $39,699 $0 $0 $0
2018 $33,492 $11,840 $2,560 $9,280
2017 $33,492 $11,840 $2,560 $9,280
2016 $33,137 $11,840 $2,560 $9,280
2015 -- $11,840 $2,560 $9,280
2014 -- $11,840 $2,560 $9,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3158827

OneKey® MLS

APN: 0102-017-00-02-00-036-000