NOT LISTED FOR SALE

40 Summerfield Ln N Riverhead, NY 11901

Estimated Value: $584,000 - $668,000

2 Beds
2 Baths
1,492 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $460,500 $309 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,037/month

35 Days on Market

Highlights

  • In Ground Pool
  • Partial Attic
  • 2 Car Attached Garage
  • Clubhouse
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Beautiful Aspen unit with low taxes. Has a huge unfinished basement with lots of potential. Ha a 2 ca garage with attic above. Near all of the elegant wineries and beaches the North Fork has to offer. New appliances, carpet, and fresh paint. Recent roof replacement. Basement is plumbed for an additional bathroom.

Last Agent to Sell the Property

Matthew Howe

Howe Industries License #10311204239 Listed on: 10/29/2021

Last Buyer's Agent

Kathleen Coughlan

Coldwell Banker American Homes License #10301216331

Coldwell Banker American Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $454 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Batts Insulation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Attic

  • Partial Attic
  • Pull Down Stairs to Attic
  • Unfinished Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • In Ground Pool

Schools

  • Riverhead Middle School
  • Riverhead Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 040.000 / 0001

Community Details

Overview

  • Silver Village Subdivision, Aspen Floorplan
  • Silver Village Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,006

Year Built

Built in 2005

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Townhouse
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Silver Village
  • Development Name: Silver Village
  • Year Built: 2005
  • New Construction: No
  • Attribution Contact: 516-840-0592
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Partial, Pull Stairs, Unfinished
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Stories: 1
  • Entry Level: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Construction Materials: Batts Insulation, Frame, Vinyl Siding
  • Flood Zone Report: No
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Exterior Features: Sprinkler Lawn System

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Private
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 454.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Clubhouse, Pool

Schools

  • Middle School: Riverhead Middle School
  • High School: Riverhead Senior High School
  • Middle School: Riverhead Middle School

Lot Info

  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: No

Tax Info

  • Close Date: 2022-02-24
  • Tax Annual Amount: 5006.15
  • Tax Block: 0001
  • Tax Lot: 040.000

MLS Schools

  • High School: Riverhead Senior High School
  • Middle School District: Riverhead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 23, 2022
Sold by
Silver Vlg Condo Llc
Bought by
Nappi Joseph
Seller's Agent
Matthew Howe
Howe Industries
Buyer's Agent
Kathleen Coughlan
Coldwell Banker American Homes
List Price
$469,000
Sold Price
$460,500
Premium/Discount to List
-$8,500
-1.81%
Current Estimated Value
$589,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,639
Avg. Annual Appreciation
7.84%
Original Mortgage
$25,000
Interest Rate
5.66%
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
Nappi Joseph $462,342 Fidelity National Title (Aka
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nappi Joseph $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $460,500 -1.8% $309 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $469,000 -- $314 / 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 $4,477 $26,250 $4,000 $22,250
2023 $4,477 $26,250 $4,000 $22,250
2022 $4,637 $26,250 $4,000 $22,250
2021 $4,637 $26,250 $4,000 $22,250
2020 $4,869 $26,250 $4,000 $22,250
2019 $4,869 $0 $0 $0
2018 -- $26,250 $4,000 $22,250
2017 $4,776 $26,250 $4,000 $22,250
2016 $4,687 $26,250 $4,000 $22,250
2015 -- $26,250 $4,000 $22,250
2014 -- $26,250 $4,000 $22,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3356063

OneKey® MLS

APN: 0600-045-01-01-00-040-000