NOT LISTED FOR SALE

40 Olive St Lake Grove, NY 11755

Estimated Value: $543,962 - $609,000

3 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $370,000

Est. 55% increase in value since last sale

Current estimated payment $3,655/month

20 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Porch
  • Cayuga Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2020

Picture Perfect Starter Home is Situated Close to: Commuting, Shopping, Beaches and the Many Charming Villages of the North Shore. It offers: Living Room, EIK, Full Bath, Master Bedroom, 2 Bedrooms, on Main Floor. Partially Finished Basement, Back Deck, Bricks Porch, and Flat Fenced Backyard with Shed Complete this Pristine Property., Additional information: Appearance:Mint ++,Business Located At:,Rental Income:

Last Agent to Sell the Property

Rejane Ribeiro

Daniel Gale Sothebys Intl Rlty License #40RI1156085 Listed on: 03/03/2020

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

JASON RUPANSINGH

RE/MAX Best License #10401337028

RE/MAX Best

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1968

Lot Details

  • 7,841

Parking

  • Private Parking

Home Design

  • Ranch Style House
  • Frame Construction

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Dryer
  • Partial Basement
  • 7,841 Sq Ft Lot
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 53 / 14
  • Assessor Parcel Number 0208-023-00-04-00-053-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,587

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1968
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 1
  • Basement: Partial, Partially Finished
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Parking Description: Private

Utilities

  • Heating: Oil

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 0.18
  • Lot Size Sq Ft: 7841
  • Parcel Number: 0208-023-00-04-00-053-001
  • Property Attached: No
  • Zoning: Residential

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 6586.7
  • Tax Block: 14
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 28, 2020
Sold by
Blacker Daniel T and Backer Jeanne M
Bought by
Davis Thomas M and Davis Justine A
Seller's Agent
Rejane Ribeiro
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
JASON RUPANSINGH
RE/MAX Best
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$575,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,241
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Galian Carl D
Bought by
Backer Daniel T and Backer Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,850
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1998
Sold by
Galian Carl D and Michel Staci G
Bought by
Galian Carl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,850
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Davis Thomas M $370,000 None Available
Backer Daniel T $115,500 Commonwealth Land Title Ins
Galian Carl D -- Globe Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Backer Daniel T $114,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $370,000 -- --
06/11/2020 06/11/20 Sold $370,000 +1.4% --
03/23/2020 03/23/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $365,000 -- --
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 $7,237 $1,950 $160 $1,790
2023 $6,416 $1,950 $160 $1,790
2022 $4,779 $1,950 $160 $1,790
2021 $4,779 $1,950 $160 $1,790
2020 $5,700 $1,950 $160 $1,790
2019 $5,643 $0 $0 $0
2018 $4,593 $1,950 $160 $1,790
2017 $4,593 $1,950 $160 $1,790
2016 $4,599 $1,950 $160 $1,790
2015 -- $1,950 $160 $1,790
2014 -- $1,950 $160 $1,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3204609

OneKey® MLS

APN: 0208-023-00-04-00-053-001