NOT LISTED FOR SALE

50 Phillips Ln Riverhead, NY 11901

Estimated Value: $537,000 - $1,090,554

2 Beds
1 Bath
828 Sq Ft
$963/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $465,000 $562 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,638/month

10 Days on Market

Highlights

  • Ranch Style House
  • Entrance Foyer
  • Ceiling Fan
  • Patio
  • Shed
  • Hot Water Heating System

About This Home

As of August 2022

This wonderful mint North Fork ranch style cottage with lovely backyard is awaiting your arrival! Move right in this 2 bedroom cutie and enjoy close proximity to beautiful beaches, wineries, farmstands and the quaint town of Aquebogue. This home features a brand new kitchen, and many additional updates. Set back from the road with a nice front yard, it also has a huge backyard with two sheds, fire pit, garden area, and plenty of room for a pool. The patio is perfect for barbecues or star gazing on quiet evenings. Welcome to your move in ready home on the beautiful North Fork!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Last Agent to Sell the Property

Suzette Reiss

Douglas Elliman Real Estate License #40RE0933127 Listed on: 07/09/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Suzette Reiss

Douglas Elliman Real Estate License #40RE0933127 Listed on: 07/09/2022

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,859

Year Built

  • Built in 1963 | Remodeled in 2020

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 76x230
  • Level Lot
  • Front and Back Yard Sprinklers

Parking

  • Private Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 828 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Schools

  • Riverhead Middle School
  • Riverhead Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 10 / 1
  • Assessor Parcel Number 0600-046-00-01-00-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,859

Year Built

Built in 1963 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: One
  • Year Built: 1963
  • Year Built Effective: 2020
  • CurrentPrice: 465000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 561.59420
  • ListPrice_By_LivingArea: 585.74879
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Oil Water Heater
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, First Floor Bedroom
  • Full Bathrooms: 1
  • Basement: Partial, Unfinished
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 828
  • Basement YN: No

Exterior Features

  • Other Structures: Outbuilding, Shed(s)
  • Construction Materials: Frame, Shingle Siding, Stone
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Garage: No
  • Parking Description: Private, Storage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Oil
  • Sewer: None
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Riverhead Middle School

Lot Info

  • Lot Dimensions: 76x230
  • Lot Size Sq Ft: 17424
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 0600-046-00-01-00-010-000
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: Residential

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 5858.92
  • Tax Block: 1
  • Tax Lot: 10

MLS Schools

  • High School: Riverhead Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Sparks Matthew J
Bought by
Ryder Matthew and Larkin Kathleen
Current Estimated Value
$806,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
7.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 25, 2022
Sold by
Marks Robert F and Marks Karen L
Bought by
Pedota Jason R and Pedota Brittany F
Seller's Agent
Suzette Reiss
Douglas Elliman Real Estate
Buyer's Agent
Suzette Reiss
Douglas Elliman Real Estate
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$441,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Timpone Thomas F and Timpone Kathleen M
Bought by
Marks Robert F and Marks Karen L

Purchase Details

Closed on
Jan 25, 2018
Sold by
Sparks Matthew J and Sparks Tara
Bought by
Sparks Matthew J

Purchase Details

Closed on
Sep 6, 2001
Sold by
Deluca Robert S and Deluca Lisa C
Bought by
Timpone Thomas F and Timpone Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.91%
Mortgage Type
Stand Alone First
Source: Public Records
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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
Ryder Matthew $1,034,000 New Millennium Title Group
Ryder Matthew $1,034,000 New Millennium Title Group
Pedota Jason R $465,000 Fidelity National Title (Aka
Pedota Jason R $465,000 Fidelity National Title (Aka
Marks Robert F -- --
Sparks Matthew J $98,750 --
Sparks Matthew J $98,750 --
Sparks Matthew J $98,750 --
Timpone Thomas F $159,000 Safe Harbor Title Agency
Timpone Thomas F $159,000 Safe Harbor Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryder Matthew $820,000
Previous Owner Pedota Jason R $441,750
Previous Owner Timpone Thomas F $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $465,000 -4.1% $562 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $485,000 -- $586 / 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 $5,415 $28,100 $7,700 $20,400
2023 $5,415 $28,100 $7,700 $20,400
2022 $5,139 $28,100 $7,700 $20,400
2021 $5,139 $28,100 $7,700 $20,400
2020 $5,527 $28,100 $7,700 $20,400
2019 $5,527 $0 $0 $0
2018 -- $28,100 $7,700 $20,400
2017 $4,591 $28,100 $7,700 $20,400
2016 $4,430 $28,100 $7,700 $20,400
2015 -- $28,100 $7,700 $20,400
2014 -- $28,100 $7,700 $20,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3412820

OneKey® MLS

APN: 0600-046-00-01-00-010-000