NOT LISTED FOR SALE

408 Oceanpoint Ave Cedarhurst, NY 11516

Estimated Value: $878,878 - $1,117,000

3 Beds
1.5 Baths
1,575 Sq Ft
$634/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $925,000 $587 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,797/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Park

About This Home

As of November 2024

Welcome to this charming 3-bedroom, 2-bathroom home in Cedarhurst, ideally situated on a 40x100 lot. The property features a spacious living room with a cozy gas fireplace, a separate dining room, and a versatile den. The new oil burner and a roof less than 10 years old provide reliability, while the windows are in good condition. Enjoy the convenience of a large deck for outdoor relaxation and the prime location, just a 5-minute walk from Cedarhurst Park. With low taxes and no flood zone concerns, this home is priced to sell and ready for your personal touch to become your dream home!

Last Agent to Sell the Property

Eli Arshadnia

Winzone Realty Inc Brokerage Phone: 917-749-3050 License #10401280469 Listed on: 08/19/2024

Last Buyer's Agent

Gitelle Steinfeld

Weissman Realty Group LLC License #10401320771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1926

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • Private Parking

Home Design

  • 1,575 Sq Ft Home
  • Colonial Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near public transit

Schools

  • Lawrence Middle School-Broadway Camp
  • Lawrence Senior High School

Utilities

  • No Cooling
  • Heating System Uses Oil

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 33 / 299
  • Assessor Parcel Number 2003-39-299-00-0033-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,500

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1926
  • New Construction: No
  • Attribution Contact: 917-749-3050
  • BuildingSize: 1575
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: See Remarks
  • Total Bedrooms: 3
  • Living Area: 1575
  • AtticDescription: See Remarks
  • SquareFootage: 1575.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Other
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Lawrence Middle School-Broadway Camp

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Parcel Number: 2003-39-299-00-0033-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-09-04

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 8500
  • Tax Block: 299
  • Tax Lot: 33
  • Tax Map Number: 2003-39-299-00-0033-0

MLS Schools

  • High School: Lawrence Senior High School
  • Middle School District: Lawrence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Nov 25, 2024
Sold by
Closs Edward and Closs Claire
Bought by
Steinmetz Rachel and Beim Yakov Yosef
Seller's Agent
Eli Arshadnia
Winzone Realty Inc
Buyer's Agent
Gitelle Steinfeld
Weissman Realty Group LLC
List Price
$885,000
Sold Price
$925,000
Premium/Discount to List
$40,000
4.52%
Views
14
Current Estimated Value
$997,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,939
Avg. Annual Appreciation
6.82%
Original Mortgage
$800,000
Outstanding Balance
$792,266
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$205,673

Purchase Details

Closed on
Aug 4, 1999
Sold by
Papelian Gail Holzman and Estate Of William Holzman
Bought by
Closs Edward and Closs Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.26%
Mortgage Type
Stand Alone Second
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
Steinmetz Rachel $925,000 Chicago Title Insurance Co
Steinmetz Rachel $925,000 Chicago Title Insurance Co
Steinmetz Rachel $925,000 Chicago Title Insurance Co
Steinmetz Rachel $925,000 Chicago Title Insurance Co
Closs Edward $255,000 The Title Guarantee Company
Closs Edward $255,000 The Title Guarantee Company
Closs Edward $255,000 The Title Guarantee Company
Closs Edward $255,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinmetz Rachel $800,000
Closed Steinmetz Rachel $800,000
Previous Owner Closs Edward $21,000
Previous Owner Closs Edward $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $925,000 +4.5% $587 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $885,000 -- $562 / 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 $7,573 $539 $213 $326
2024 $2,509 $539 $213 $326
2023 $7,288 $571 $251 $320
2022 $7,288 $539 $213 $326
2021 $8,602 $622 $246 $376
2020 $7,321 $692 $691 $1
2019 $7,054 $742 $741 $1
2018 $7,276 $791 $0 $0
2017 $5,118 $841 $682 $159
2016 $7,548 $1,013 $821 $192
2015 $2,723 $1,013 $794 $219
2014 $2,723 $1,013 $794 $219
2013 $2,512 $1,013 $821 $192
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eli Arshadnia

    Winzone Realty Inc

    (917) 749-3050

    2 in this area

    10 Total Sales

    Eli Arshadnia
    Section Image
  • Gitelle Steinfeld

    Buyer's Agent in 2024

    Gitelle Steinfeld

    Weissman Realty Group LLC

    (516) 984-4933

    1 in this area

    17 Total Sales

    Gitelle Steinfeld
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3573271

OneKey® MLS

APN: 2003-39-299-00-0033-0

New York Nassau County Cedarhurst 11516

408 Oceanpoint Ave, Cedarhurst, NY

Not Listed for Sale

Detached

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