NOT LISTED FOR SALE

2895 Bay Dr Merrick, NY 11566

Estimated Value: $1,107,494 - $1,295,000

4 Beds
2.5 Baths
2,800 Sq Ft
$429/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $885,000 $316 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,971/month

36 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Den
  • Merrick Avenue Middle School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of January 2020

PRICED TO SELL !!!!!! Pristine, Fully Renovated Waterfront Splanch In Cul De Sac, Situated On WIDEST Deep Water Canal To Open Bay. Open Floor Plan, Chef's Kitchen With Stainless Steel Viking Appliances, Marble Counter Top, Center Island, Bar, 36 X36 Porcelain Tile , Radiant Heat On 1st Floor, Wine Fridge, 2 King Masters, 2 Bedroom, 2.5 Bath, Brand New Baths, Led Lights, Windows & Doors, Hardwood Floor, New CAC, New 220 AMP, New In-Ground Sprinklers, Raised/Refaced Bulkhead With 20 Ft Dock...

Last Agent to Sell the Property

Kevin Leatherman

Leatherman Homes License #31LE1175078 Listed on: 08/18/2019

Last Buyer's Agent

Karen Chan

JKHE Home Inc License #10311206318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,885

Year Built

  • Built in 1962

Lot Details

  • 5,917 Sq Ft Lot
  • Lot Dimensions are 61x96
  • Waterfront
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Splanch
  • Frame Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • No Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Bulkhead

Utilities

  • Central Air
  • 4 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include sewer

Listing and Financial Details

  • Legal Lot and Block 77 / 194
  • Assessor Parcel Number N2089-62-194-00-0077-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,885

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Splanch
  • Property SubType: Single Family Residence
  • Property Condition: Diamond
  • Year Built: 1962
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 4
  • Living Area: 2800.00
  • Kitchens: 1
  • Square Footage: 2800.00

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2019-08-19
  • Flood Zone Report: Yes
  • Frontage Length: 61
  • Waterfront Features: Canal Access, Waterfront
  • View: Water
  • Exterior Features: Bulkhead
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Zones: 4
  • Separate Hotwater Heater Detail: YGas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Sewer
  • Senior Community: No

Lot Info

  • Elevation Certificate: Yes
  • Flood Zone Type: AE
  • Lot Size Acres: 0.1400
  • Lot Size Area: 0.1400
  • Lot Dimensions: 61x96
  • Lot Size Sq Ft: 5917.00
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec
  • Parcel Number: N2089-62-194-00-0077-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-01-22
  • Tax Annual Amount: 20884.86
  • Tax Block: 194
  • Tax Lot: 77
  • Tax Map Number: N2089-62-194-00-0077-0

MLS Schools

  • Middle School District: Bellmore-Merrick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
Jan 21, 2020
Sold by
Az Family Holding Inc
Bought by
Rita Joseph and Rita Olga
Seller's Agent
Kevin Leatherman
Leatherman Homes
Buyer's Agent
Karen Chan
JKHE Home Inc
List Price
$975,000
Sold Price
$885,000
Premium/Discount to List
-$90,000
-9.23%
Current Estimated Value
$1,201,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,247
Avg. Annual Appreciation
5.51%
Original Mortgage
$400,000
Outstanding Balance
$354,366
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$846,881

Purchase Details

Closed on
Oct 23, 2018
Sold by
Sherwin David
Bought by
Az Family Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 3, 2000
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
Rita Joseph $885,000 Judicial Title
Az Family Holdings Inc $475,000 Old Republic Title Ins Co
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rita Joseph $400,000
Previous Owner Az Family Holdings Inc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $885,000 -1.6% $316 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/01/2019 09/01/19 Price Changed $899,000 -5.3% $321 / Sq Ft
08/27/2019 08/27/19 Price Changed $949,000 -2.7% $339 / Sq Ft
08/18/2019 08/18/19 For Sale $975,000 -- $348 / 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 $19,455 $674 $330 $344
2024 $5,063 $732 $358 $374
2023 $22,571 $822 $429 $393
2022 $22,571 $766 $375 $391
2021 $31,126 $695 $290 $405
2020 $22,458 $1,169 $1,072 $97
2019 $4,248 $1,169 $1,005 $164
2018 $4,533 $1,247 $0 $0
2017 $4,555 $1,325 $1,012 $313
2016 $9,096 $1,403 $966 $437
2015 $4,454 $1,481 $1,020 $461
2014 $4,454 $1,481 $1,020 $461
2013 $4,430 $1,557 $1,072 $485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3157049

OneKey® MLS

APN: 2089-62-194-00-0077-0