NOT LISTED FOR SALE

40 Palane S Calverton, NY 11933

Estimated Value: $846,000 - $1,191,563

6 Beds
3.5 Baths
3,214 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $731,500 $228 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,429/month

17 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Main Floor Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • Home Office

About This Home

As of December 2022

Sprawling 6 bedroom, 3.5 bath home in the prestigious Marlwood section of Baiting Hollow, north of Sound Avenue with easy access to a deeded beach. It is conveniently located between the Friars Head and Baiting Hollow Golf Clubs. This custom-built home has been lovingly maintained by the original owner. The layout, with a separate wing that has its own entrance, 2 bedrooms, full bath, sitting room with wet bar, is perfect for an extended family or guests. Sitting on an acre of property this home is an entertainer's paradise with a beautiful inground pool and a huge deck, which is accessible from several rooms. The house is approximately 3200 sqft not including the 2.5 car garage or the massive basement. Finishing the basement with proper permits would increase the square footage close to 5000! With solar panels, 3 zones for heat and central air, and a pellet stove, this home is very economical to operate. Conveniently located at the gateway to the North Fork WIne Country!

Last Agent to Sell the Property

Stephan Mandresh

Douglas Elliman Real Estate License #30MA0850825 Listed on: 09/12/2022

Douglas Elliman Real Estate

Co-Listed By

Andrea Parks

Douglas Elliman Real Estate License #10401346988

Last Buyer's Agent

Lynda Pennachio

Daniel Gale Sothebys Intl Rlty License #40PE1037785

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,731

Year Built

  • Built in 1998

Lot Details

  • 1.01 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Advanced Framing
  • Blown-In Insulation

Interior Spaces

  • 3,214 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

Schools

  • Riley Avenue Elementary School
  • Riverhead Middle School
  • Riverhead Senior High School

Utilities

  • Central Air
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 32 / 2
  • Assessor Parcel Number 0600-040-00-02-00-012-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,731

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1998
  • New Construction: No
  • Attribution Contact: 631-298-8000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Den/Family Room, Formal Dining Room, Home Office, Living Room / Dining Room, Master Bath, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Attic Description: Unfinished
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full
  • Inclusions: Dishwasher, Dryer, Light Fixtures, Mailbox, Microwave, Pellet Stove, Refrigerator, Solar Panels Leased, Washer
  • Total Bedrooms: 6
  • Living Area: 3214.00
  • Kitchens: 1
  • Square Footage: 3214.00

Exterior Features

  • Construction Materials: Advanced Framing Technique, Blown-In Insulation
  • Flood Zone Date: 2022-09-22
  • Flood Zone Report: Yes
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Electric Stand Alone
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Riverhead Middle School

Lot Info

  • Lot Size Acres: 1.0100
  • Lot Dimensions: 1.01
  • Lot Size Sq Ft: 43996.00
  • Lot Size Units: Acres
  • Parcel Number: 0600-040-00-02-00-012-025
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-12-07
  • Tax Annual Amount: 13731.34
  • Tax Block: 2
  • Tax Lot: 32
  • Tax Map Number: 0600-040-00-02-00-012-025

MLS Schools

  • Elementary School: Riley Avenue School
  • High School: Riverhead Senior High School
  • Middle School District: Riverhead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Bernadette Servedio Ft and Servedio
Bought by
Servedio Christopher
Current Estimated Value
$1,022,641

Purchase Details

Listed on
Sep 12, 2022
Closed on
Dec 7, 2022
Sold by
Quaranto Robert G and Quaranto Debra A
Bought by
Bernadette Servedio Ft and Servedio
Seller's Agent
Stephan Mandresh
Douglas Elliman Real Estate
Buyer's Agent
Lynda Pennachio
Daniel Gale Sothebys Intl Rlty
List Price
$749,000
Sold Price
$731,500
Premium/Discount to List
-$17,500
-2.34%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Gendot Associates Inc
Bought by
Quaranto Robert G and Quaranto Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Servedio Christopher $300,000 None Available
Servedio Christopher $300,000 None Available
Bernadette Servedio Ft $731,500 First American Title
Bernadette Servedio Ft $731,500 First American Title
Quaranto Robert G $296,500 Fidelity National Title
Quaranto Robert G $296,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quaranto Robert G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $731,500 -2.3% $228 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $749,000 -- $233 / Sq Ft
Source: OneKey® MLS

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 $13,359 $68,400 $13,800 $54,600
2023 $13,359 $68,400 $13,800 $54,600
2022 $11,398 $68,400 $13,800 $54,600
2021 $11,398 $68,400 $13,800 $54,600
2020 $12,252 $68,400 $13,800 $54,600
2019 $12,252 $0 $0 $0
2018 -- $68,400 $13,800 $54,600
2017 $11,923 $68,400 $13,800 $54,600
2016 $11,514 $68,400 $13,800 $54,600
2015 -- $68,400 $13,800 $54,600
2014 -- $68,400 $13,800 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3429811

OneKey® MLS

APN: 0600-040-00-02-00-012-025