NOT LISTED FOR SALE

5 Terrace Dr Hampton Bays, NY 11946

Estimated Value: $958,000 - $1,047,000

5 Beds
2.5 Baths
1,704 Sq Ft
$598/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $650,000 $381 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,513/month

43 Days on Market

Highlights

  • Deck
  • Den
  • Cooling System Mounted In Outer Wall Opening
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of March 2021

So much house for the money. 5 bedroom 2.5 baths PLUS a walkout legally finished basement. New flooring in eat-in kitchen and living room. 2 bedrooms and 1 bath on the first floor with add'l 3 bedrooms and 1 bath on the second. Nice backyard with large deck. Big 2 car garage.

Last Agent to Sell the Property

Steven Rosmarin

Douglas Elliman Real Estate Brokerage Phone: 631-288-6244 License #40RO0988520 Listed on: 09/03/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Karina Ruiz

Realty Connect USA L I Inc License #10401316589

Realty Connect USA L I Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 1985

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Zoning described as R20

Parking

  • 2 Car Attached Garage

Home Design

  • Cedar

Interior Spaces

  • 1,704 Sq Ft Home
  • 2-Story Property
  • Den
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Hampton Bays Elementary School
  • Hampton Bays Middle School
  • Hampton Bays High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Exclusions: A/C Units
  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 0900-256-00-01-00-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,647

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Two Story
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: A/C Units
  • Year Built: 1985
  • New Construction: No
  • Attribution Contact: 631-288-6244
  • Subdivision Name: Bellows Terrace
  • BuildingSize: 2430
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Interior Amenities: First Floor Bedroom, Den/Family Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Dishwasher,Dryer,Washer
  • Total Bedrooms: 5
  • Living Area: 1704
  • AtticDescription: Full
  • SquareFootage: 1704.00
  • SquareFootageSource: Appraisal
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: West
  • Construction Materials: Cedar
  • Patio and Porch Features: Deck
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: Septic Tank
  • Water Source: Public
  • GarbageRemoval: Private
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Bellows Terrace

Schools

  • Middle School: Hampton Bays Middle School

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: .43
  • Lot Size Sq Ft: 18731
  • Lot Size Units: Acres
  • Parcel Number: 0900-256-00-01-00-006-000
  • Zoning Description: R20
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 5646.56
  • Tax Block: 1
  • Tax Lot: 6
  • Tax Map Number: 0900-256-00-01-00-006-000

MLS Schools

  • Elementary School: Hampton Bays Elementary School
  • High School: Hampton Bays High School
  • Middle School District: Hampton Bays

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Mar 15, 2021
Sold by
Center For New Horizons
Bought by
Lucero Luis G
Seller's Agent
Steven Rosmarin
Douglas Elliman Real Estate
Buyer's Agent
Karina Ruiz
Realty Connect USA L I Inc
List Price
$639,000
Sold Price
$650,000
Premium/Discount to List
$11,000
1.72%
Current Estimated Value
$1,018,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,343
Avg. Annual Appreciation
10.57%
Original Mortgage
$520,000
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Sep 3, 2020
Closed on
Mar 1, 2021
Sold by
Lucero Luis
Bought by
5 Terrace Llc
Seller's Agent
Steven Rosmarin
Douglas Elliman Real Estate
Buyer's Agent
Karina Ruiz
Realty Connect USA L I Inc
List Price
$639,000
Sold Price
$650,000
Premium/Discount to List
$11,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 3, 1997
Sold by
Coady Frances P
Bought by
Catholic Guardian Society
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
Lucero Luis G -- None Available
5 Terrace Llc -- None Available
Catholic Guardian Society $155,000 Advantage Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucero Luis G $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $650,000 +0.2% $381 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $649,000 +1.6% $381 / Sq Ft
09/03/2020 09/03/20 For Sale $639,000 -- $375 / 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 $11,713 $492,900 $142,500 $350,400
2023 $11,713 $363,900 $142,500 $221,400
2022 $98 $363,900 $142,500 $221,400
2021 $98 $363,900 $142,500 $221,400
2020 $96 $363,900 $142,500 $221,400
2019 $96 $0 $0 $0
2018 $0 $363,900 $142,500 $221,400
2017 $107 $363,900 $142,500 $221,400
2016 $100 $363,900 $142,500 $221,400
2015 -- $363,900 $142,500 $221,400
2014 -- $363,900 $142,500 $221,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3248927

OneKey® MLS

APN: 0900-256-00-01-00-006-000