$1,060,000
SOLD JUL 26, 2024

503 Bayville Rd Locust Valley, NY 11560

5 Beds
2 Baths
2,135 Sq Ft
1.41 Acres

Recently Sold

$496 Per Sq Ft

18% Below List Price

6 Days on Market

Highlights

  • Hot Property
  • In Ground Pool
  • 1 Fireplace
  • Locust Valley High School Rated A
  • Cape Cod Architecture
  • Formal Dining Room

About This Home

As of July 2024

Welcome to this Classic Cape Cod in Locust Valley. This beautifully maintained residence provides a cozy and inviting atmosphere, perfect for those seeking a serene retreat. The spacious, bright, and airy living room with oak flooring is ideal for relaxing and entertaining, while the formal dining area is perfect for hosting gatherings and everyday meals. The eat-in kitchen features modern appliances, ample cabinetry, and a breakfast nook. The home includes 5 comfortable bedrooms with generous closet space and 2 Full bathrooms with modern fixtures and finishes. Massive lush green backyard to relax & 2-car semi-attached Garage. Village of Lattingtown with its own private beach close to Bayville Beach and Bailey Arboretum-Salt water heated Freeform Pool and Hot tub with waterfalls and benches. Beautiful views of the property from every window. Screened porch with 2 skylights off the kitchen, Fenced yard in the dog pen and bonus fenced-in lots of parking, breezeway connecting 2 car garage to house. Enjoy the perfect blend of classic charm and modern convenience in this delightful home with an in-ground heated pool. While the house requires some tender loving care (TLC), don't miss out on the opportunity to make it your dream home. With a little vision and effort, this residence has the potential to become an even more remarkable sanctuary. It has great potential for a mother-daughter setup with proper permits. Whether you're looking for a full-time residence or a weekend getaway, this property provides a tranquil and inviting setting for all your needs.

Last Agent to Sell the Property

Raj Jaggi

Voro LLC Brokerage Phone: 877-943-8676 License #40JA1039796 Listed on: 06/18/2024

Co-Listed By

Rahul Jaggi

Voro LLC Brokerage Phone: 877-943-8676 License #10401278696

Last Buyer's Agent

Raj Jaggi

Voro LLC Brokerage Phone: 877-943-8676 License #40JA1039796 Listed on: 06/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,754

Year Built

  • Built in 1950

Lot Details

  • 1.41 Acre Lot
  • Back Yard Fenced

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,135 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool

Schools

  • Ann Macarthur Primary Elementary School
  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 27 / 59
  • Assessor Parcel Number 2411-30-059-00-0027-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,754

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Property SubType: Single Family Residence
  • Property Condition: Mint++
  • Levels: Two
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 877-943-8676
  • Co List Office Mls Id: ONEVORO01
  • Co List Office Phone: 877-943-8676
  • BuildingSize: 2135
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2135
  • AtticDescription: None
  • SquareFootage: 2135.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Back Yard, Fenced, Partial
  • Pool Features: In Ground
  • Pool Private: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 1.41
  • Lot Size Area: 1.41
  • Lot Dimensions: 1.41
  • Lot Size Sq Ft: 61420
  • Lot Size Units: Acres
  • Parcel Number: 2411-30-059-00-0027-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-06-11

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 19754
  • Tax Block: 59
  • Tax Lot: 27
  • Tax Other Annual Assessment Amount: 450
  • Tax Map Number: 2411-30-059-00-0027-0

MLS Schools

  • Elementary School: Ann Macarthur Primary School
  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 26, 2024
Sold by
Mortimer Donna
Bought by
Singh Pavneet and Dhingra Ritesh
Seller's Agent
Raj Jaggi
Voro LLC
Buyer's Agent
Raj Jaggi
Voro LLC
List Price
$1,288,888
Sold Price
$1,060,000
Premium/Discount to List
-$228,888
-17.76%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.95%
Original Mortgage
$795,000
Outstanding Balance
$787,417
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$797,731

Purchase Details

Closed on
Aug 25, 2005
Sold by
Kelly James
Bought by
Mortimer Donna
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 Type Sale Price Title Company
Bargain Sale Deed $1,060,000 Fidelity National Ttl Ins Co
Bargain Sale Deed $1,060,000 Fidelity National Ttl Ins Co
Deed $850,000 --
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,000 Construction
Closed $795,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Rent $10,000 0.0% --
05/15/2025 05/15/25 For Sale $1,599,999 +50.9% $471 / Sq Ft
07/26/2024 07/26/24 Sold $1,060,000 0.0% $496 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/18/2024 06/18/24 Off Market $1,060,000 -- --
06/18/2024 06/18/24 For Sale $1,288,888 -- $604 / 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 $5,368 $705 $483 $222
2024 $5,368 $875 $600 $275
2023 $16,990 $875 $600 $275
2022 $16,990 $875 $600 $275
2021 $15,841 $842 $577 $265
2020 $14,245 $1,078 $1,077 $1
2019 $12,316 $1,078 $1,077 $1
2018 $11,560 $1,078 $0 $0
2017 $7,215 $1,078 $1,077 $1
2016 $10,380 $1,078 $1,077 $1
2015 $2,718 $1,078 $1,077 $1
2014 $2,718 $1,078 $1,077 $1
2013 $2,568 $1,078 $1,077 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3557486

OneKey® MLS

APN: 2411-30-059-00-0027-0