NOT LISTED FOR SALE

2488 Oceanside Rd Oceanside, NY 11572

Estimated Value: $868,000 - $885,261

5 Beds
3 Baths
2,357 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $800,000 $339 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,872/month

10 Days on Market

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • North Oceanside Elementary School 5 Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2022

2300+ sq ft LEGAL 2 family in the heart of Oceanside. This home has been lovingly extended and maintained by the same family for over 40 years. The beautiful primary suite added to the back of this ground level has a private entrance, den with fireplace and beautiful new bathroom. Finished basement too. The second floor has a spacious secondary apartment with 5 rooms plus a kitchen and bath. So many possibilities! There is an over sized 2 car detached garage with loft and private driveway plus a private paver patio for entertaining. Ready for a new owner!

Last Agent to Sell the Property

Cory Knopf

Compass Greater NY LLC License #10301219073 Listed on: 05/30/2022

Compass Greater NY LLC

Co-Listed By

Cathy Vingelli

Compass Greater NY LLC License #40VI0997805

Last Buyer's Agent

Cory Knopf

Compass Greater NY LLC License #10301219073 Listed on: 05/30/2022

Compass Greater NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,100

Year Built

  • Built in 1923

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 50x130
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 2,357 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Location

  • Property is near public transit

Schools

  • School 5 Elementary School
  • School 9M-Oceanside Middle School
  • School 7-Oceanside Senior High School

Utilities

  • Central Air
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Legal Lot and Block 4 / 386
  • Assessor Parcel Number 2089-38-386-00-0004-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,100

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1923
  • New Construction: No
  • Attribution Contact: 516-375-7727
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Den/Family Room, Formal Dining Room, Entrance Foyer, Home Office, Master Bath, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Inclusions: A/C Units, Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2357.00
  • Kitchens: 2
  • Square Footage: 2357.00

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Stucco
  • Flood Zone Date: 2022-05-31
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway, On Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: School 5
  • Middle School: School 9M-Oceanside Middle School
  • High School: School 7-Oceanside Senior Hs
  • Middle School: School 9M-Oceanside Middle School

Lot Info

  • Lot Size Acres: 0.1500
  • Lot Size Area: 0.1500
  • Lot Dimensions: 50x130
  • Lot Size Sq Ft: 6550.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 2089-38-386-00-0004-0
  • Property Attached: No

Rental Info

  • Hold End Date: 2022-06-17
  • Hold Start Date: 2022-06-07
  • Lease Considered: No
  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2022-08-08
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 11099.92
  • Tax Block: 386
  • Tax Lot: 4
  • Tax Map Number: 2089-38-386-00-0004-0

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 2
  • Two Bedrooms: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: School 5
  • High School: School 7-Oceanside Senior Hs
  • Middle School District: Oceanside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Aug 8, 2022
Sold by
Minelli Leonard M and Minelli Michael H
Bought by
Ortiz Mauricio
Seller's Agent
Cory Knopf
Compass Greater NY LLC
Buyer's Agent
Cory Knopf
Compass Greater NY LLC
List Price
$739,000
Sold Price
$800,000
Premium/Discount to List
$61,000
8.25%
Current Estimated Value
$876,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,631
Avg. Annual Appreciation
2.94%
Original Mortgage
$773,300
Outstanding Balance
$738,063
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$138,568
Source: Public Records

Range of Values:

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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
Ortiz Mauricio $800,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Mauricio $773,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $800,000 0.0% $339 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/07/2022 06/07/22 Off Market $800,000 -- --
05/30/2022 05/30/22 For Sale $739,000 -- $314 / 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 $14,691 $532 $184 $348
2024 $4,098 $532 $184 $348
2023 $9,565 $553 $191 $362
2022 $9,565 $532 $184 $348
2021 $7,925 $532 $174 $358
2020 $7,370 $507 $469 $38
2019 $2,728 $544 $472 $72
2018 $4,759 $580 $0 $0
2017 $4,791 $616 $474 $142
2016 $7,610 $653 $453 $200
2015 $2,847 $689 $426 $263
2014 $2,847 $689 $426 $263
2013 $2,773 $725 $448 $277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3403592

OneKey® MLS

APN: 2089-38-386-00-0004-0