NOT LISTED FOR SALE

340 S Ocean Ave Patchogue, NY 11772

Estimated Value: $588,106 - $659,000

3 Beds
3 Baths
-- Sq Ft
0.41 Acres

Last Sold April 03, 2024

Last sale price $525,000

Est. 19% increase in value since last sale

Current estimated payment $4,371/month

25 Days on Market

Highlights

  • 0.41 Acre Lot
  • Main Floor Primary Bedroom
  • New Windows
  • Deck
  • Den
  • Porch

About This Home

As of April 2024

Approved Short Sale! Legal 2 Family (no permit required, must be owner occupied) in Patchogue Village on shy 1/2 acre property. Short walk to water, main street and Train station., Additional information: Appearance:Excell,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Gail Carillo

Coldwell Banker American Homes Brokerage Phone: 631-588-9090 License #10301201403 Listed on: 11/17/2023

Coldwell Banker American Homes

Co-Listed By

Sharon Annese

Coldwell Banker American Homes Brokerage Phone: 631-588-9090 License #10401275529

Last Buyer's Agent

Joseph Femia

Signature Premier Properties License #10401336322

Signature Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,902

Year Built

  • Built in 1893

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Frame Construction
  • Aluminum Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • New Windows
  • Den
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • South Ocean Middle School
  • Patchogue-Medford High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 28 / 0008
  • Assessor Parcel Number 0204-016-00-08-00-028-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,902

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Mint
  • Year Built: 1893
  • New Construction: No
  • Attribution Contact: 631-588-9090
  • Co List Office Mls Id: ONEBRMN27
  • Co List Office Phone: 631-588-9090
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Bilco Door(s), Partial, Unfinished
  • Inclusions: A/C Units,Dishwasher,Dryer,Generator,Microwave,Refrigerator,Second Dishwasher,Second Dryer,Second Washer,Shed
  • Total Bedrooms: 3
  • Window Features: New Windows
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Cedar
  • Fencing: Fenced, Partial
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck, Porch
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Ductless, Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: South Ocean Middle School

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: .41
  • Lot Size Sq Ft: 17860
  • Lot Size Units: Acres
  • Parcel Number: 0204-016-00-08-00-028-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-20

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 12902.33
  • Tax Block: 0008
  • Tax Lot: 28
  • Tax Other Annual Assessment Amount: 3571.06
  • Tax Map Number: 0204-016-00-08-00-028-000
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Patchogue-Medford High School
  • Middle School District: Patchogue-Medford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 3, 2024
Sold by
Palma Joseph H
Bought by
Estrada Luis M
Seller's Agent
Gail Carillo
Coldwell Banker American Homes
Buyer's Agent
Joseph Femia
Signature Premier Properties
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
376
Current Estimated Value
$624,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,027
Avg. Annual Appreciation
10.50%
Original Mortgage
$515,490
Outstanding Balance
$507,596
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$116,431

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 25, 2020
Sold by
Ap Property Service Llc
Bought by
Palma Joseph
Seller's Agent
David & Donna Oakley
Realty Connect USA L I Inc
Buyer's Agent
Sold Privately
Sold Privately
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Listed on
Sep 3, 2018
Closed on
Jun 24, 2020
Sold by
Stuppiello Joseph and Pellegrino Joseph G
Bought by
Ap Property Service Llc
Seller's Agent
David & Donna Oakley
Realty Connect USA L I Inc
Buyer's Agent
David & Donna Oakley
Realty Connect USA L I Inc
List Price
$369,900
Sold Price
$305,000
Premium/Discount to List
-$64,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
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
Estrada Luis M $525,000 New Millennium Title Group
Estrada Luis M $525,000 New Millennium Title Group
Palma Joseph $320,000 None Available
Palma Joseph $320,000 None Available
Ap Property Service Llc $228,000 None Available
Ap Property Service Llc $228,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Luis M $515,490
Closed Estrada Luis M $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Off Market $305,000 -- --
04/03/2024 04/03/24 Sold $525,000 +5.2% --
12/13/2023 12/13/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $499,000 +55.9% --
10/30/2020 10/30/20 Sold $320,000 -8.5% -- View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $349,900 +14.7% --
06/24/2020 06/24/20 Sold $305,000 -1.6% $136 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $309,900 -6.1% $138 / Sq Ft
08/12/2019 08/12/19 Price Changed $329,900 -5.7% $147 / Sq Ft
05/07/2019 05/07/19 Price Changed $349,900 -2.8% $156 / Sq Ft
04/25/2019 04/25/19 Price Changed $359,900 -2.7% $160 / Sq Ft
09/03/2018 09/03/18 For Sale $369,900 -- $164 / 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
2024 $13,227 $2,405 $1,000 $1,405
2023 $9,616 $2,405 $1,000 $1,405
2022 $6,891 $2,405 $1,000 $1,405
2021 $6,891 $2,405 $1,000 $1,405
2020 $10,270 $2,405 $1,000 $1,405
2019 $10,243 $2,405 $1,000 $1,405
2018 $6,625 $2,405 $1,000 $1,405
2017 $6,921 $2,405 $1,000 $1,405
2016 $5,587 $2,405 $1,000 $1,405
2015 -- $2,405 $1,000 $1,405
2014 -- $2,405 $1,000 $1,405
Source: Public Records

Agents Affiliated with this Home

  • Gail Carillo

    Seller's Agent in 2024

    Gail Carillo

    Coldwell Banker American Homes

    (631) 672-2343

    8 in this area

    494 Total Sales

    Gail Carillo
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Sharon Annese

    Coldwell Banker American Homes

    1 in this area

    62 Total Sales

    Sharon Annese
    Section Image
  • Joseph Femia

    Buyer's Agent in 2024

    Joseph Femia

    Signature Premier Properties

    1 in this area

    78 Total Sales

    Joseph Femia
    Section Image
  • David & Donna Oakley

    Seller's Agent in 2020

    David & Donna Oakley

    Realty Connect USA L I Inc

    (631) 375-1172

    1 in this area

    135 Total Sales

    David & Donna Oakley
    Section Image

  • S

    Buyer's Agent in 2020

    Sold Privately

    Sold Privately

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3517081

OneKey® MLS

APN: 0204-016-00-08-00-028-000

New York Suffolk County Patchogue 11772

340 S Ocean Ave, Patchogue, NY

Not Listed for Sale

MultiFamily

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