NOT LISTED FOR SALE

342 Bayville Rd Locust Valley, NY 11560

Estimated Value: $2,814,000 - $3,913,796

6 Beds
5.5 Baths
5,439 Sq Ft
$618/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,080,000 $199 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $18,759/month

Highlights

  • Barn
  • In Ground Pool
  • Colonial Architecture
  • Locust Valley High School Rated A
  • 5.85 Acre Lot
  • Deck

About This Home

As of October 2020

Superb Beauty With Opportunity To Custom Design. Stately Home On 5+ Acres. A Spacious Layout Including Well Proportioned Public Rooms. In Ground Pool, Rear Pool House, Barn, Long Private Driveway to Garage, Circular Driveway. A Must see. Virtual tour link: https://fusion.realtourvision.com/idx/482448

Last Agent to Sell the Property

Paul Luciano

Utopia Real Estate License #10311206341 Listed on: 08/14/2020

Last Buyer's Agent

Christopher Pesce

Douglas Elliman Comm of LI LLC License #10301222008

Douglas Elliman Comm of LI LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 5.85 Acre Lot
  • Private Entrance
  • Back Yard Fenced

Parking

  • 4 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 5,439 Sq Ft Home
  • Wet Bar
  • Skylights
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Deck
  • Outbuilding

Schools

  • Locust Valley Middle School
  • Locust Valley High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 364 / J
  • Assessor Parcel Number 2411-29-J-00-0364-0

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1913
  • New Construction: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Den/Family Room, Formal Dining, Entrance Foyer, Guest Quarters, Marble Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 5439
  • Window Features: Skylight(s)
  • AtticDescription: None
  • SquareFootage: 5439.00
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Barn(s), Outbuilding
  • Construction Materials: Frame, Shingle Siding
  • Fencing: Back Yard
  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Private Entrance
  • Patio and Porch Features: Deck
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Detached, 4+ Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 5.85
  • Lot Size Area: 5.85
  • Lot Dimensions: 5.85
  • Lot Size Sq Ft: 254826
  • Lot Size Units: Acres
  • Parcel Number: 2411-29-J-00-0364-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-08-17

Rental Info

  • Lease Considered: No
  • Available Date: 2020-10-09

Tax Info

  • Tax Annual Amount: 67036
  • Tax Block: J
  • Tax Lot: 364
  • Tax Other Annual Assessment Amount: 2226
  • Tax Map Number: 2411-29-J-00-0364-0

MLS Schools

  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 14, 2020
Sold by
Us Bank Na
Bought by
Srinivas Dev and Nanjundappa Renuka
Seller's Agent
Paul Luciano
Utopia Real Estate
Buyer's Agent
Christopher Pesce
Douglas Elliman Comm of LI LLC
List Price
$1,124,900
Sold Price
$1,080,000
Premium/Discount to List
-$44,900
-3.99%
Current Estimated Value
$3,363,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,283,898
Avg. Annual Appreciation
24.21%

Purchase Details

Closed on
Feb 15, 2019
Sold by
Mark S Ricciardi Esq
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 25, 2006
Sold by
Narasimhan Lakshmi

Purchase Details

Closed on
Aug 17, 2006
Sold by
Narasimhan Lakshmi

Purchase Details

Closed on
Jun 5, 2002
Sold by
Narisimhan Lakshmi

Purchase Details

Closed on
Aug 15, 2000

Purchase Details

Closed on
Oct 7, 1999
Sold by
Haggerty Mary Rita and Haggerty George C
Bought by
Narasimhan Lakshmi and Narasimhan Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Srinivas Dev $1,084,320 Old Republic National Title
Srinivas Dev $1,084,320 Old Republic National Title
Us Bank Na $1,620,000 Webtitle
Us Bank Na $1,620,000 Webtitle
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
Narasimhan Lakshmi $1,475,000 --
Narasimhan Lakshmi $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanjundappa Renuka $1,000,000
Previous Owner Narasimhan Lakshmi $648,000
Previous Owner Haggerty Mary Rita $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,080,000 -4.0% $199 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,124,900 -- $207 / 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 $11,936 $2,004 $644 $1,360
2024 $11,936 $1,908 $1,177 $731
2023 $39,723 $1,800 $579 $1,221
2022 $39,723 $2,751 $1,177 $1,574
2021 $64,569 $2,596 $1,177 $1,419
2020 $63,686 $5,122 $2,502 $2,620
2019 $18,520 $5,122 $2,453 $2,669
2018 $42,541 $5,122 $0 $0
2017 $39,150 $5,224 $2,502 $2,722
2016 $54,488 $5,224 $2,502 $2,722
2015 $13,171 $5,224 $2,502 $2,722
2014 $13,171 $5,224 $2,502 $2,722
2013 $12,445 $5,224 $2,502 $2,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3242576

OneKey® MLS

APN: 2411-29-J-00-0364-0