NOT LISTED FOR SALE

540 Chicken Valley Rd Locust Valley, NY 11560

Estimated Value: $1,979,232 - $2,075,000

4 Beds
3.5 Baths
3,127 Sq Ft
$648/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $1,500,000 $480 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,447/month

384 Days on Market

Highlights

  • Barn
  • Stables
  • Private Lot
  • Locust Valley High School Rated A
  • 5 Acre Lot
  • Ranch Style House

About This Home

As of March 2022

Privacy abounds in this 5-acre, parklike Matinecock property across from Planting Fields Arboretum. Lush grounds were designed by renowned landscape architects Innocenti & Webel, with room to add a pool. The home is an entertainer's dream, with sun-filled spaces that face an exquisite lawn. The large master and three bedrooms are set apart from the entertaining areas for privacy. Gourmet kitchen with Wolf and Subzero appliances. The huge basement has a cedar closet and ample room to add a wine cellar or movie theate. Adjacent to the home is a private equestrian farm with a barn/stables, a lit riding ring, paddocks, and storage. Not an equestrian? Explore converting the space to a private yoga/art studio, gardens, tennis, pool or more. With 5-acres, there is abundant potential to realize your vision.

Last Agent to Sell the Property

Dawn Costello

Douglas Elliman Real Estate License #10401322926 Listed on: 10/01/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Dawn Costello

Douglas Elliman Real Estate License #10401322926 Listed on: 10/01/2020

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,557

Year Built

  • Built in 1976 | Remodeled in 2011

Lot Details

  • 5 Acre Lot
  • Northeast Facing Home
  • Private Lot
  • Zoning described as 5 Acre

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Cedar

Interior Spaces

  • Wet Bar
  • Skylights
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Home Security System

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Riding Ring

Utilities

  • Central Air
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash
  • Septic Tank

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 496 / B
  • Assessor Parcel Number 2421-23-B-00-0496-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,557

Year Built

Built in 1976 | Remodeled in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Levels: One
  • Year Built: 1976
  • New Construction: No
  • Year Built Effective: 2011
  • Attribution Contact: 516-677-4400
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, ENERGY STAR Qualified Washer
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Den/Family Room, Formal Dining Room, Entrance Foyer, Master Bath, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Attic Description: Partial
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, See Remarks, Unfinished
  • Inclusions: Alarm System, Dishwasher, Dryer, Energy Star Appliance(s), Garage Door Opener, Garage Remote, Refrigerator, Screens, Wall Oven, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Kitchens: 1
  • Window Features: Skylight(s)

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Barn(s), Stable(s)
  • Construction Materials: Frame, Cedar
  • Flood Zone Date: 2021-06-09
  • Flood Zone Report: Yes
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Baseboard
  • Hot Water: Electric Stand Alone
  • Heating Zones: 3
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Horses: Yes
  • Lot Size Acres: 5.0000
  • Lot Size Area: 5.0000
  • Lot Dimensions: 5
  • Lot Size Sq Ft: 217800.00
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 2421-23-B-00-0496-0
  • Zoning Description: 5 Acre
  • Horse Amenities: Riding Ring
  • Property Attached: No

Rental Info

  • Hold End Date: 2021-09-20
  • Hold Start Date: 2021-09-14
  • Lease Considered: No

Tax Info

  • Close Date: 2022-03-04
  • Included in Taxes: Trash
  • Tax Annual Amount: 45557.13
  • Tax Block: B
  • Tax Lot: 496
  • Tax Other Annual Assessment Amount: 5093.95
  • Tax Map Number: 2421-23-B-00-0496-0

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

Closed on
Jan 23, 2023
Sold by
Baronmans Ltd Inc
Bought by
Bernato Anthony and Basileo Margaret
Current Estimated Value
$2,140,051

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 18, 2022
Sold by
Seitz Howard G and Cathleen C Graham Gst Trust
Bought by
Baronmans Ltd Inc
Seller's Agent
Dawn Costello
Douglas Elliman Real Estate
Buyer's Agent
Dawn Costello
Douglas Elliman Real Estate
List Price
$1,999,999
Sold Price
$1,500,000
Premium/Discount to List
-$499,999
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$900,000
Interest Rate
5.23%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 8, 2022
Sold by
Graham Cathleen C and Seitz Howard G
Bought by
Seitz Howard G and Cathleen C Graham Gst Trust
Seller's Agent
Dawn Costello
Douglas Elliman Real Estate
Buyer's Agent
Dawn Costello
Douglas Elliman Real Estate
List Price
$1,999,999
Sold Price
$1,500,000
Premium/Discount to List
-$499,999
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2017
Sold by
Graham Cathleen C
Bought by
Cathleen C Graham Gst Trust

Purchase Details

Closed on
May 28, 2016
Sold by
Graham Cathleen C
Bought by
Graham Cathleen C

Purchase Details

Closed on
Nov 12, 2013
Sold by
Colella Henry V and Graham Cathleen C
Bought by
Graham Cathleen C

Purchase Details

Closed on
Jul 7, 1998
Source: Public Records

Range of Values:

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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
Bernato Anthony -- Your Title Experts
Baronmans Ltd Inc $1,500,000 Judicial Title
Cathleen C Graham Gst Trust -- None Available
Graham Cathleen C -- None Available
Graham Cathleen C -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baronmans Ltd Inc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,500,000 -25.0% $480 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,999,999 0.0% $640 / Sq Ft
05/17/2021 05/17/21 For Sale $1,999,999 +33.3% $640 / Sq Ft
05/14/2021 05/14/21 Off Market $1,500,000 -- --
05/13/2021 05/13/21 Off Market $1,500,000 -- --
04/29/2021 04/29/21 Price Changed $1,999,999 -13.0% $640 / Sq Ft
03/19/2021 03/19/21 Price Changed $2,300,000 -8.0% $736 / Sq Ft
10/01/2020 10/01/20 For Sale $2,500,000 -- $799 / 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 $9,438 $2,153 $1,435 $718
2024 $9,438 $2,153 $1,435 $718
2023 $42,700 $2,153 $1,435 $718
2022 $42,700 $2,153 $1,435 $718
2021 $40,463 $2,072 $1,381 $691
2020 $37,384 $3,300 $3,024 $276
2019 $7,677 $3,300 $3,024 $276
2018 $27,409 $3,300 $0 $0
2017 $24,731 $3,300 $3,024 $276
2016 $31,656 $3,300 $3,024 $276
2015 $5,828 $3,300 $2,509 $791
2014 $5,828 $3,300 $2,509 $791
2013 $5,478 $3,300 $2,509 $791
Source: Public Records

Agents Affiliated with this Home

  • Dawn Costello

    Seller's Agent in 2022

    Dawn Costello

    Douglas Elliman Real Estate

    (917) 224-2442

    1 in this area

    19 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY3257277

OneKey® MLS

APN: 2421-23-B-00-0496-0

New York Nassau County Locust Valley 11560

540 Chicken Valley Rd, Locust Valley, NY

This home is located at 540 Chicken Valley Rd, Locust Valley, NY 11560 since 01 October 2020 and is currently estimated at $2,027,116, approximately $648 per square foot. This property was built in 1976. 540 Chicken Valley Rd is a home located in Nassau County with nearby schools including Locust Valley High School, Portledge School, and Friends Academy.

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