NOT LISTED FOR SALE

3 Cedar St Babylon, NY 11702

Estimated Value: $661,311 - $737,000

2 Beds
2 Baths
-- Sq Ft
7,802 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $530,000

Est. 29% increase in value since last sale

Current estimated payment $4,877/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 2 Car Detached Garage
  • Babylon Memorial Grade School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of October 2022

A Legal Two-Family Colonial in the heart of Babylon Village. The 1st floor Apartment has an outside porch and private entrance. It features an EIK w/ pantry & hook up for washer/dryer, Living Rm, Bedroom, Full Bath. There is a private entrance to the 2nd Floor Apartment with EIK, Living Room and Bedroom. Outside yard and each tenant has their own garage, gas & electric meters. The home is seconds away from the heart of Babylon Village, shops, restaurants and LIRR. All Village amenities including pool and golf course, too!

Last Agent to Sell the Property

Diane Muldowney

Century 21 Adams Real Estate License #10401247025 Listed on: 07/05/2022

Century 21 Adams Real Estate

Last Buyer's Agent

Lyndsey Gallagher

Coldwell Banker American Homes License #40GA0996336

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,892

Year Built

  • Built in 1914

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 47x166
  • No Common Walls
  • South Facing Home
  • Private Entrance
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 59 / 2
  • Assessor Parcel Number 0102-007-00-02-00-059-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,892

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent+
  • Levels: Three Or More
  • Year Built: 1914
  • New Construction: No
  • Attribution Contact: 631-661-7200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Door Hardware, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Kitchens: 2

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Aluminum Siding
  • Flood Zone Date: 2022-07-06
  • Flood Zone Report: Yes
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.1800
  • Lot Size Area: 0.1800
  • Lot Dimensions: 47x166
  • Lot Size Sq Ft: 7802.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0102-007-00-02-00-059-000
  • Property Attached: No

Rental Info

  • Hold End Date: 2022-08-12
  • Hold Start Date: 2022-08-08
  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-10-12
  • Included in Taxes: Trash
  • Tax Annual Amount: 10892.38
  • Tax Block: 2
  • Tax Lot: 59
  • Tax Other Annual Assessment Amount: 691.24
  • Tax Map Number: 0102-007-00-02-00-059-000

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Jul 5, 2022
Closed on
Oct 7, 2022
Sold by
Leitch Divina and Leitch Laraine C
Bought by
Hite Brian
Seller's Agent
Diane Muldowney
Century 21 Adams Real Estate
Buyer's Agent
Lyndsey Gallagher
Coldwell Banker American Homes
List Price
$519,000
Sold Price
$530,000
Premium/Discount to List
$11,000
2.12%
Views
60
Current Estimated Value
$683,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,328
Avg. Annual Appreciation
7.93%
Original Mortgage
$512,311
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2002
Sold by
Leitch Hugh J and Leitch Edward M
Bought by
Leitch Edward M and Leitch Divina
Source: Public Records

Range of Values:

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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
Hite Brian $530,000 Fidelity National Title (Aka
Leitch Edward M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hite Brain $150,000
Previous Owner Hite Brian $512,311
Previous Owner Rene Garline $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $530,000 0.0% --
08/11/2022 08/11/22 Pending -- -- --
08/08/2022 08/08/22 Off Market $530,000 -- --
07/05/2022 07/05/22 For Sale $519,000 -- --
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 $13,850 $3,590 $270 $3,320
2023 $11,993 $3,590 $270 $3,320
2022 $9,456 $3,140 $270 $2,870
2021 $9,456 $3,140 $270 $2,870
2020 $9,814 $3,140 $270 $2,870
2019 $10,471 $0 $0 $0
2018 $9,544 $3,140 $270 $2,870
2017 $9,544 $3,140 $270 $2,870
2016 $9,444 $3,140 $270 $2,870
2015 -- $3,140 $270 $2,870
2014 -- $3,140 $270 $2,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3413130

OneKey® MLS

APN: 0102-007-00-02-00-059-000