$342,500
SOLD FEB 3, 2022

53 Magnolia Dr Rocky Point, NY 11778

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

5% Above List Price

35 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Window Unit Cooling System
  • Full Attic
  • Porch
  • Baseboard Heating

About This Home

As of August 2023

Supplement your monthly payments by collecting rent! Enjoy 3 bedrooms and 1 full bathroom upstairs, and a 1 bed, 1 bath, legal accessory apartment downstairs. Apartment has a full kitchen with peninsula, walk-in closet and brand new carpeting. Wide driveway with room for tenant parking, and a separate walkout/entrance to apt with large, screened enclosure. Shed and courtyard in backyard. This property is in a great location, just minutes from shops and restaurants, and just minutes from the north shore and beach access. Brick wood-burning fireplace in living room. Beautiful wood floors throughout entire upper floor, including underneath the carpet and linoleum. Roof is 10 years old. Oil burner is in good condition. Just needs cosmetic updates, but has so much potential, and will be delivered to buyer completely emptied.

Last Agent to Sell the Property

Eric Boorum

Douglas Elliman Real Estate License #10401327597 Listed on: 09/17/2021

Douglas Elliman Real Estate

Last Buyer's Agent

Jacqueline Torres

HomeSmart Dynamic Realty License #10301221980

HomeSmart Dynamic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,941

Year Built

  • Built in 1970

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1 Fireplace
  • Full Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • Private Parking
  • Driveway

Schools

  • Rocky Point Middle School
  • Rocky Point High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Sewer Not Available

Additional Features

  • Porch
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 14 / 0002
  • Assessor Parcel Number 0200-055-00-02-00-014-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,941

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 631-758-2552
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Full
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Kitchens: 1

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • Flood Zone Date: 2021-09-20
  • Flood Zone Report: Yes
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard, Hot Water
  • Hot Water: Electric Stand Alone
  • Heating Zones: 2
  • Separate Hotwater Heater Detail: Y
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rocky Point Middle School
  • High School: Rocky Point High School
  • Middle School: Rocky Point Middle School

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Area: 0.0900
  • Lot Dimensions: .09
  • Lot Size Sq Ft: 3920.00
  • Lot Size Units: Acres
  • Parcel Number: 0200-055-00-02-00-014-000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-10-04
  • Lease Considered: No

Tax Info

  • Close Date: 2022-02-03
  • Included in Taxes: Trash
  • Tax Annual Amount: 10941.28
  • Tax Block: 0002
  • Tax Lot: 14
  • Tax Map Number: 0200-055-00-02-00-014-000

MLS Schools

  • High School: Rocky Point High School
  • Middle School District: Rocky Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 30, 2023
Sold by
Shaikh Shahzaib
Bought by
Zaldana Itao
Seller's Agent
John Ciervo
Aliano Real Estate
Buyer's Agent
Zuley Canadas
Zion Homes Realty LLC
List Price
$439,000
Sold Price
$475,000
Premium/Discount to List
$36,000
8.2%
Views
239
Current Estimated Value
$596,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,000
Avg. Annual Appreciation
12.93%
Original Mortgage
$4,512,050
Outstanding Balance
$4,426,958
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$3,829,958

Purchase Details

Listed on
Sep 17, 2021
Closed on
Jan 10, 2022
Sold by
Edward T Odonoghue Irt and Feicht
Bought by
Shaikh Shahzaib
Seller's Agent
Eric Boorum
Douglas Elliman Real Estate
Buyer's Agent
Jacqueline Torres
HomeSmart Dynamic Realty
List Price
$325,000
Sold Price
$342,500
Premium/Discount to List
$17,500
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.16%

Purchase Details

Closed on
May 3, 2018
Sold by
Odonoghue Edward
Bought by
Feicht Darlene M
Source: Public Records

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Range of Values:

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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
Deed $470,000 Misc Company
Deed $470,000 Misc Company
Deed $352,500 None Available
Deed $352,500 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,512,050 Purchase Money Mortgage
Closed $4,512,050 Purchase Money Mortgage
Previous Owner $118,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $475,000 +8.2% --
06/06/2023 06/06/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $439,000 +28.2% --
02/03/2022 02/03/22 Sold $342,500 0.0% --
10/22/2021 10/22/21 Pending -- -- --
10/04/2021 10/04/21 Off Market $342,500 -- --
09/17/2021 09/17/21 For Sale $325,000 -- --
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 $12,731 $2,500 $80 $2,420
2023 $12,731 $2,500 $80 $2,420
2022 $8,672 $2,500 $80 $2,420
2021 $8,672 $2,500 $80 $2,420
2020 $8,843 $2,500 $80 $2,420
2019 $8,843 $0 $0 $0
2018 $8,343 $2,500 $80 $2,420
2017 $8,343 $2,500 $80 $2,420
2016 $8,132 $2,500 $80 $2,420
2015 -- $2,500 $80 $2,420
2014 -- $2,500 $80 $2,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3346419

OneKey® MLS

APN: 0200-055-00-02-00-014-000