NOT LISTED FOR SALE

508 Prospect Ave Central Islip, NY 11722

Estimated Value: $635,000 - $698,000

4 Beds
3 Baths
-- Sq Ft
0.45 Acres

Last Sold October 06, 2021

Last sale price $470,000

Est. 45% increase in value since last sale

Current estimated payment $4,535/month

195 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Wood Flooring
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2021

GREAT FOR INVESTORS OR OWNER OCCUPANTS WITH EXTENDED FAMILY !!! Home sweet Home! Beautifully maintained Exp Cape close to stores, highways and LIRR. This home features 6 bedrooms ,3 full bathrooms , Eik, Lr, it has multiple outside entrances throughout the house. 1.5 Det Car Garage with Spacious yard. Potential Mother and Daughter with proper permits. Full Finished Basement with Outside entrance !

Last Agent to Sell the Property

Jonathan Sarria

ARVY Realty Brokerage Phone: 631-617-5135 License #30SA1132737 Listed on: 02/11/2021

Last Buyer's Agent

Maura Yacub

HomeSmart Premier Living Rlty License #10401298368

HomeSmart Premier Living Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,652

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x200

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

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

Schools

  • Charles A Mulligan Middle School
  • Central Islip Senior High School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Heating System Uses Oil
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 24 / 0003
  • Assessor Parcel Number 0500-077-00-03-00-024-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,652

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Exp Cape
  • Property SubType: Single Family Residence
  • New Construction: No
  • Attribution Contact: 631-617-5135
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Refrigerator
  • Total Bedrooms: 4
  • Fireplace: Yes
  • AtticDescription: Full
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Cesspool
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Charles A Mulligan Middle School

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 100x200
  • Lot Size Sq Ft: 19602
  • Lot Size Units: Acres
  • Parcel Number: 0500-077-00-03-00-024-000
  • Zoning Description: Residential
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2021-08-25

Tax Info

  • Tax Annual Amount: 11652.5
  • Tax Block: 0003
  • Tax Lot: 24
  • Tax Map Number: 0500-077-00-03-00-024-000

MLS Schools

  • High School: Central Islip Senior High School
  • Middle School District: Central Islip

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Sep 22, 2021
Sold by
Palacio Javier J
Bought by
Martinez-Correa Antonio
Seller's Agent
Jonathan Sarria
ARVY Realty
Buyer's Agent
Maura Yacub
HomeSmart Premier Living Rlty
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Current Estimated Value
$681,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,707
Avg. Annual Appreciation
8.51%
Original Mortgage
$461,487
Outstanding Balance
$419,919
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$248,404

Purchase Details

Closed on
Oct 1, 2012
Sold by
Palacio Javier J and Palacio Gloria Maria
Bought by
Palacio Javier J

Purchase Details

Closed on
Jan 9, 2012
Sold by
Palacio Javier J
Bought by
Palacio Javier J and Palacio Gloria Maria

Purchase Details

Closed on
May 9, 2009
Sold by
Plompen Rene Eugene A and Plompen Nancy
Bought by
Palacio Javier J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,640
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martinez-Correa Antonio $470,000 None Available
Palacio Javier J -- --
Palacio Javier J $213,222 --
Palacio Javier J $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Correa Antonio $461,487
Previous Owner Palacio Javier J $224,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Sold $470,000 0.0% --
08/25/2021 08/25/21 Pending -- -- --
08/17/2021 08/17/21 Off Market $470,000 -- --
02/11/2021 02/11/21 For Sale $449,000 -- --
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 $11,941 $36,900 $10,200 $26,700
2023 $11,941 $36,900 $10,200 $26,700
2022 $8,841 $36,900 $10,200 $26,700
2021 $8,841 $36,900 $10,200 $26,700
2020 $9,788 $36,900 $10,200 $26,700
2019 $8,841 $0 $0 $0
2018 -- $34,400 $10,200 $24,200
2017 $8,948 $34,400 $10,200 $24,200
2016 $8,878 $34,400 $10,200 $24,200
2015 -- $34,400 $10,200 $24,200
2014 -- $34,400 $10,200 $24,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3335987

OneKey® MLS

APN: 0500-077-00-03-00-024-000