NOT LISTED FOR SALE

42 Roosevelt Place Island Park, NY 11558

Estimated Value: $924,283 - $1,325,000

5 Beds
3 Baths
2,990 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $1,330,000 $445 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,772/month

75 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Colonial Architecture
  • Francis X Hegarty Elementary School Rated A-
  • Panoramic View
  • 4-minute walk to Masone Beach

About This Home

As of October 2024

Welcome to this one-of-a-kind, updated two-family home nestled on the open bay with spectacular views. This unique property boasts four bedrooms and two full baths in the main living quarters. The first floor bedroom makes a great guest room or a primary bedoom. The inviting eat in kitchen features a center island, granite countertops and stainless steel appliances. Complete with a formal dining room and formal living room as well as a cozy sitting area. The large den impresses with vaulted ceilings, a gas fireplace, sliders to the yard and a convenient bar area making this room ideal for both indoor and outdoor entertaining. Floor to ceiling windows offer breathtaking views of the open bay. The charming accessory apartment offers a private retreat with all of the comforts of home. This delightful space features a living room, kitchen, bedroom and full bath. The beautiful yard offers 137 ft of waterfront including 3 floating docks. Located in the Bay Haven section in the Village of Island Park this luxury property is near shops, restaurants, beach, transportation and LIRR. Welcome to your slice of paradise!

Last Agent to Sell the Property

Lorraine Weber

Coldwell Banker American Homes Brokerage Phone: 516-665-2000 License #10301223926 Listed on: 04/24/2024

Coldwell Banker American Homes

Last Buyer's Agent

Adrian Lupu

Nest Seekers International LLC License #10301219058

Nest Seekers International LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,283

Year Built

  • Built in 1962

Lot Details

  • 9,810 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Property Views

  • Panoramic
  • Skyline

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck

Schools

  • Francis X Hegarty Elementary School
  • Island Park Lincoln Orens Middle School
  • Long Beach High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 152 / 16
  • Assessor Parcel Number 2021-43-016-00-0152-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,283

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1962
  • New Construction: No
  • Attribution Contact: 516-665-2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Legal Accessory Apartment, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Second Stove,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2990
  • Window Features: Skylight(s)
  • SquareFootage: 2990.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Frontage Length: 137
  • Waterfront Features: Bay/Harbor, Waterfront
  • View: City, Open, Panoramic, Skyline
  • Exterior Features: Bulkhead, Dock
  • Patio and Porch Features: Deck
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Island Park Lincoln Orens Ms

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 9810
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2021-43-016-00-0152-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-10-01

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 14283
  • Tax Block: 16
  • Tax Lot: 152
  • Tax Other Annual Assessment Amount: 2891
  • Tax Map Number: 2021-43-016-00-0152-0

MLS Schools

  • Elementary School: Francis X Hegarty Elementary School
  • High School: Long Beach High School
  • Middle School District: Island Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Oct 4, 2024
Sold by
Mcgann Geraldine and Mcgann Edward
Bought by
Cassieri Mario G and Cassieri Barbara
Seller's Agent
Lorraine Weber
Coldwell Banker American Homes
Buyer's Agent
Adrian Lupu
Nest Seekers International LLC
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%
Views
145
Current Estimated Value
$1,124,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$205,358
Avg. Annual Appreciation
-13.68%
Original Mortgage
$929,250
Outstanding Balance
$917,643
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$206,999

Purchase Details

Closed on
Nov 11, 2013
Sold by
Mcgann Edward
Bought by
Mcgann Edward and Mcgann Geraldine
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
Cassieri Mario G $1,327,500 Judicial Title
Cassieri Mario G $1,327,500 Judicial Title
Cassieri Mario G $1,327,500 Judicial Title
Cassieri Mario G $1,327,500 Judicial Title
Mcgann Edward -- --
Mcgann Edward -- --
Mcgann Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassieri Mario G $929,250
Closed Cassieri Mario G $929,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $1,330,000 -1.5% $445 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,350,000 -- $452 / 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 $10,470 $584 $230 $354
2024 $2,060 $606 $239 $367
2023 $8,549 $655 $257 $398
2022 $8,549 $630 $248 $382
2021 $9,265 $657 $258 $399
2020 $5,763 $777 $776 $1
2019 $6,314 $833 $832 $1
2018 $6,422 $888 $0 $0
2017 $4,994 $944 $698 $246
2016 $6,935 $1,095 $809 $286
2015 $2,930 $1,453 $1,074 $379
2014 $2,930 $1,453 $1,074 $379
2013 $2,727 $1,453 $1,074 $379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3545237

OneKey® MLS

APN: 2021-43-016-00-0152-0