NOT LISTED FOR SALE

274 Ocean Ave Islip, NY 11751

Estimated Value: $694,000 - $965,000

2 Acres
$419,916 Price per Acre
87,120 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $775,000

Est. 8% increase in value since last sale

Current estimated payment $5,240/month

201 Days on Market

Highlights

  • Waterfront
  • 2 Acre Lot
  • Additional Land
  • Islip High School Rated A-
  • Canal Access
  • Level Lot

About This Lot

As of March 2024

Build your Waterfront Dream home. 2 Acre Parcel with 146' Road Frontage on a charming avenue in Islip. Property was once part of a larger estate that was used a summer residence in the late 1800's. w/ last remaining Carraige House 40' x37'. Beautifully appointed property with mature plantings originally designed by renowned landscape architect Fredrich Law Olmsted, known for designing Central Park. Just off The Great South Bay on The Great Cove. 330' Canal front.

Last Agent to Sell the Property

David Sanders

Compass Greater NY LLC Brokerage Phone: 631-665-1500 License #40SA1094265 Listed on: 07/08/2023

Compass Greater NY LLC

Last Buyer's Agent

Eric Ramsay

Eric G Ramsay Jr Assoc LLC License #49RA1034135

Eric G Ramsay Jr Assoc LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,199

Lot Details

  • 2 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Additional Land

Property Views

  • Water
  • Panoramic
  • Bridge

Outdoor Features

  • Canal Access

Schools

  • Maud S Sherwood Elementary School
  • Islip Middle School
  • Islip High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 0001
  • Assessor Parcel Number 0500-422-00-01-00-007-001

Property Details

Property Type

Land

Est. Annual Taxes

$16,199

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Current Use: Subdivision
  • Attribution Contact: 631-665-1500
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Length: 330
  • Waterfront Features: Canal Access, Water Access, Waterfront
  • Road Frontage Type: City Street
  • View: Water, Bridge(s), Panoramic, Other
  • View YN: Yes
  • FloodZoneReportYN: 0
  • RoadFrontageLength: 146

Utilities

  • Sewer: Sewer
  • Utilities: Cable Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Electricity Available
  • Water Source: Municipal Within 500 Feet

Schools

  • Middle School: Islip Middle School

Lot Info

  • Lot Size Acres: 2
  • Lot Dimensions: 150x
  • Lot Size Sq Ft: 85813
  • Lot Size Units: Acres
  • Lot Features: Cleared, Additional Land Available, Views, Waterfront, Level
  • Parcel Number: 0500-422-00-01-00-007-001
  • Zoning Description: Residential
  • Possible Use: Horses
  • ResoLotSizeUnits: Acres
  • ExtraLandAvailableYN: 1
  • AdjacentLotNumber: 272

Rental Info

  • Available Date: 2024-02-15

Tax Info

  • Tax Annual Amount: 16199.48
  • Tax Block: 0001
  • Tax Lot: 7
  • Tax Map Number: 0500-422-00-01-00-007-001
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Maud S Sherwood Elementary School
  • High School: Islip High School
  • Middle School District: Islip

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Feb 29, 2024
Sold by
Atwood Elizabeth M Est and Atwood
Bought by
Wjj Fire Is Hldgs Llc
Seller's Agent
David Sanders
Compass Greater NY LLC
Buyer's Agent
Eric Ramsay
Eric G Ramsay Jr Assoc LLC
List Price
$1,049,000
Sold Price
$775,000
Premium/Discount to List
-$274,000
-26.12%
Views
197
Current Estimated Value
$839,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,832
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Davis Douglas B
Bought by
Atwood Elizabeth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wjj Fire Is Hldgs Llc $775,000 None Available
Wjj Fire Is Hldgs Llc $775,000 None Available
Atwood Elizabeth M -- Chicago Title Insurance Co
Atwood Elizabeth M -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $775,000 -26.1% --
01/27/2024 01/27/24 For Sale $1,049,000 +35.4% --
01/26/2024 01/26/24 Pending -- -- --
01/16/2024 01/16/24 Off Market $775,000 -- --
01/16/2024 01/16/24 For Sale $1,049,000 +35.4% --
12/30/2023 12/30/23 Off Market $775,000 -- --
10/16/2023 10/16/23 Price Changed $1,049,000 -12.6% --
07/08/2023 07/08/23 For Sale $1,200,000 -- --
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 -- $51,600 $44,400 $7,200
2023 -- $51,600 $44,400 $7,200
2022 $14,662 $51,600 $44,400 $7,200
2021 $14,662 $51,600 $44,400 $7,200
2020 $14,845 $51,600 $44,400 $7,200
2019 $14,662 $0 $0 $0
2018 -- $51,600 $44,400 $7,200
2017 $14,742 $51,600 $44,400 $7,200
2016 $14,663 $51,600 $44,400 $7,200
2015 -- $51,600 $44,400 $7,200
2014 -- $51,600 $44,400 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3489865

OneKey® MLS

APN: 0500-422-00-01-00-007-001