NOT LISTED FOR SALE

512 Centre Island Rd Oyster Bay, NY 11771

Centre Island Neighborhood

Estimated Value: $3,017,000 - $4,723,425

5 Beds
5 Baths
6,000 Sq Ft
$645/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $3,200,000 $533 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $22,096/month

637 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 142,180 Sq Ft lot
  • Theodore Roosevelt Elementary School Rated A
  • In Ground Pool
  • Colonial Architecture

About This Home

As of February 2021

Centre Island, Stately Brick Colonial Style Manor Home, Perched On 3.26 Waterfront Acres w/ 250 feet of Sandy Beach .This Spectacular Property Features 180 Degree Panoramic Waterviews From Almost Every Room.The Spacious Interior Boasts,10 Ft Ceilings,Radiant Heat, Marble Bathrooms,5 Fireplaces, Custom Moldings & Architectural Details Throughout.The Home Also Includes A Separate 2 Car Gar & 800 Sq Ft Cottage W/Waterviews. Beautifully Landscaped Property Perfect For Entertaining W/Steps To Beach., Additional information: Appearance:mint,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Robert Olita

Douglas Elliman Real Estate License #30OL0798944 Listed on: 04/05/2019

Douglas Elliman Real Estate

Co-Listed By

Lynda Olita

Douglas Elliman Real Estate License #30OL0419171

Last Buyer's Agent

Lawrence Schmidlapp

License #10401209504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,634

Year Built

  • Built in 2002

Lot Details

  • 3.26 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • Private Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Blown-In Insulation

Interior Spaces

  • 6,000 Sq Ft Home
  • 5 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Patio

Schools

  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 4130 / A 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,634

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 2002
  • Co List Office Mls Id: KEYDERE05
  • Co List Office Phone: 516-759-0400
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Fireplaces: 5
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 6000
  • Basement YN: No

Exterior Features

  • Construction Materials: Blown-In Insulation, Brick
  • Waterfront Features: Beach Access, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Dimensions: 3.26
  • Lot Size Sq Ft: 142180
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 50633.79
  • Tax Block: A 00
  • Tax Lot: 4130

MLS Schools

  • High School: Oyster Bay High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Feb 25, 2021
Sold by
Jad Associates I Llc
Bought by
512 Cir Llc
Seller's Agent
Robert Olita
Douglas Elliman Real Estate
Buyer's Agent
Lawrence Schmidlapp
List Price
$3,990,000
Sold Price
$3,200,000
Premium/Discount to List
-$790,000
-19.8%
Current Estimated Value
$3,870,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,213
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Nov 10, 2010
Sold by
Delrosso John W
Bought by
Jad Associates I Llc
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
512 Cir Llc $3,200,000 None Available
512 Cir Llc $3,200,000 None Available
512 Cir Llc $3,200,000 None Available
512 Cir Llc $3,200,000 None Available
Jad Associates I Llc -- --
Jad Associates I Llc -- --
Jad Associates I Llc -- --
Jad Associates I Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $3,200,000 -- --
02/25/2021 02/25/21 Sold $3,200,000 -8.3% $533 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
10/21/2020 10/21/20 Price Changed $3,490,000 -2.8% $582 / Sq Ft
11/06/2019 11/06/19 Price Changed $3,590,000 +12.2% $598 / Sq Ft
07/18/2019 07/18/19 Off Market $3,200,000 -- --
06/27/2019 06/27/19 Price Changed $3,990,000 0.0% $665 / Sq Ft
06/27/2019 06/27/19 For Sale $3,990,000 -20.0% $665 / Sq Ft
04/05/2019 04/05/19 For Sale $4,988,000 0.0% $831 / Sq Ft
09/05/2014 09/05/14 Rented $12,500 0.0% --
08/06/2014 08/06/14 Under Contract -- -- --
06/16/2014 06/16/14 For Rent $12,500 -- --
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 $7,913 $1,951 $1,951 --
2024 $7,913 $3,627 $1,951 $1,676
2023 $45,407 $3,627 $1,951 $1,676
2022 $45,407 $3,422 $1,951 $1,471
2021 $34,856 $3,229 $1,513 $1,716
2020 $1,161 $3,675 $3,674 $1
2019 $6,827 $3,938 $3,810 $128
2018 $26,455 $4,140 $0 $0
2017 $25,405 $4,140 $3,384 $756
2016 $32,230 $4,140 $3,384 $756
2015 $6,829 $4,900 $3,459 $1,441
2014 $6,829 $4,900 $3,459 $1,441
2013 $6,404 $4,900 $3,459 $1,441
Source: Public Records

Agents Affiliated with this Home

  • Robert Olita

    Seller's Agent in 2021

    Robert Olita

    Douglas Elliman Real Estate

    (516) 978-0180

    4 in this area

    24 Total Sales

    Robert Olita
    Section Image
  • Lynda Olita

    Seller Co-Listing Agent in 2021

    Lynda Olita

    Douglas Elliman Real Estate

    (631) 662-2478

    2 in this area

    105 Total Sales

    Lynda Olita
    Section Image

  • L

    Buyer's Agent in 2021

    Lawrence Schmidlapp

  • Susana Muir

    Seller's Agent in 2014

    Susana Muir

    Daniel Gale Sotheby's

    (516) 641-6612

    16 Total Sales

    Susana Muir
    Section Image
  • Donna Scala

    Buyer's Agent in 2014

    Donna Scala

    LAFFEY REAL ESTATE

    (516) 816-7783

    26 Total Sales

    Donna Scala
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3116431

OneKey® MLS

APN: 2405-28-A-00-0413-0

New York Nassau County Oyster Bay 11771 Centre Island

512 Centre Island Rd, Oyster Bay, NY

This home is located at 512 Centre Island Rd, Oyster Bay, NY 11771 since 05 April 2019 and is currently estimated at $3,870,213, approximately $645 per square foot. This property was built in 2002. 512 Centre Island Rd is a home located in Nassau County with nearby schools including Theodore Roosevelt Elementary School, James H. Vernon School, and Oyster Bay High School.

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