NOT LISTED FOR SALE

514 S Ocean Ave Patchogue, NY 11772

Estimated Value: $629,769 - $693,000

4 Beds
2 Baths
1,342 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 20, 2024

Last sale price $605,000 $451 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,335/month

16 Days on Market

Highlights

  • 0.23 Acre Lot
  • Cape Cod Architecture
  • Forced Air Heating System

About This Home

As of July 2024

Welcome to your dream home in Patchogue Village! This captivating property epitomizes the essence of contemporary suburban living fused with urban accessibility. Boasting an unbeatable location just moments from the bustling downtown hub and the Long Island Railroad, convenience is at your doorstep. Picture-perfect views and tranquil walks await at the nearby bay and Shore Front Park, providing the perfect backdrop for relaxation, and the best part up the road from the local community pool. Quick access to Fire Island ferries. Step inside to discover a haven of modern luxury, with a recent 2021 renovation unveiling a chic open-concept layout flooded with natural light. Offering four bedrooms plus a bonus room and two full bathrooms, this home seamlessly blends spaciousness with style. Don't miss this opportunity to embrace the epitome of Patchogue living your ideal retreat awaits! So many perks, and so many reasons to live here!

Last Agent to Sell the Property

Edgar Iglesias

Serhant LLC Brokerage Phone: (646) 480-7665 License #10401277195 Listed on: 04/23/2024

Serhant LLC

Co-Listed By

Luis Berrezueta

Serhant LLC Brokerage Phone: (646) 480-7665 License #10401367847

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,469

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,342 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • South Ocean Middle School
  • Patchogue-Medford High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 0204-019-00-08-00-057-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,469

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Single Family, Cape Cod
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: (646) 480-7665
  • Co List Office Mls Id: ONESERHNT
  • Co List Office Phone: 646-480-7665
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1342
  • AtticDescription: Dormer
  • SquareFootage: 1342.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Cesspool
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: South Ocean Middle School

Lot Info

  • Lot Size Acres: 0.23
  • Parcel Number: 0204-019-00-08-00-057-000

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 10469
  • Tax Map Number: 0204-019-00-08-00-057-000

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Patchogue-Medford High School
  • Middle School District: Patchogue-Medford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 19, 2024
Sold by
Tantone Ryan P
Bought by
Schreph Megan
Seller's Agent
Edgar Iglesias
Serhant LLC
List Price
$579,999
Sold Price
$605,000
Premium/Discount to List
$25,001
4.31%
Views
101
Current Estimated Value
$649,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,942
Avg. Annual Appreciation
5.14%
Original Mortgage
$484,000
Outstanding Balance
$477,303
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,639

Purchase Details

Closed on
May 28, 2021
Sold by
Luri Management Llc
Bought by
Bender Jocelyn N and Tantone Ryan P

Purchase Details

Closed on
Nov 6, 2017
Sold by
Bank New York Mellon
Bought by
Luri Management Llc

Purchase Details

Closed on
Jul 11, 2017
Sold by
Bank Of New York Mellon and Hurdey
Bought by
Bank Of New York Mellon 2006 Fa6

Purchase Details

Closed on
Dec 1, 1998
Sold by
Derosa Joseph R
Bought by
Hurley Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,280
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1997
Sold by
Kipperman Abraham and Kipperman Audrey
Bought by
Derosa Joseph R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schreph Megan $605,000 None Available
Schreph Megan $605,000 None Available
Bender Jocelyn N $470,000 None Available
Bender Jocelyn N $470,000 None Available
Luri Management Llc $162,750 --
Luri Management Llc $162,750 --
Luri Management Llc $162,750 --
Bank Of New York Mellon 2006 Fa6 $403,264 None Available
Bank Of New York Mellon 2006 Fa6 $403,264 None Available
Hurley Kevin $111,000 Commonwealth Land Title Ins
Hurley Kevin $111,000 Commonwealth Land Title Ins
Derosa Joseph R $98,000 First American Title Ins Co
Derosa Joseph R $98,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreph Megan $484,000
Closed Schreph Megan $484,000
Previous Owner Hurley Kevin $89,280
Closed Bank Of New York Mellon 2006 Fa6 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2024 07/20/24 Sold $605,000 +4.3% $451 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $579,999 -- $432 / 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 $11,155 $2,000 $400 $1,600
2023 $7,997 $2,000 $400 $1,600
2022 $7,382 $2,000 $400 $1,600
2021 $7,382 $2,000 $400 $1,600
2020 $9,708 $2,000 $400 $1,600
2019 $9,679 $0 $0 $0
2018 $6,892 $2,000 $400 $1,600
2017 $6,892 $2,000 $400 $1,600
2016 $6,725 $2,000 $400 $1,600
2015 -- $2,000 $400 $1,600
2014 -- $2,000 $400 $1,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6302472

OneKey® MLS

APN: 0204-019-00-08-00-057-000