NOT LISTED FOR SALE

57 Oakland Ave Lynbrook, NY 11563

Estimated Value: $796,000

3 Beds
2 Baths
1,533 Sq Ft
$519/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $560,000 $365 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,419/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Detached Garage
  • Lynbrook Senior High School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of July 2021

Opportunity is knocking... LEGAL 2-Family with tons of potential. This property is centrally located within a 10 minute walk to the train station, dining and shopping. Tons of space for parking so no issues for the tenants and or owners!!

Last Agent to Sell the Property

Rich Marin

Signature Premier Properties Brokerage Phone: 516-710-4298 License #10401235875 Listed on: 03/10/2021

Signature Premier Properties

Last Buyer's Agent

Adam Butter

BERKSHIRE HATHAWAY License #10301222601

BERKSHIRE HATHAWAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,818

Year Built

  • Built in 1922

Lot Details

  • 5,850 Sq Ft Lot
  • Lot Dimensions are 50x116

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Parking

  • Detached Garage
  • Driveway

Schools

  • Lynbrook Senior High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 318 / 125
  • Assessor Parcel Number 2025-42-125-00-0318-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,818

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1922
  • Attribution Contact: 516-710-4298
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Master Downstairs
  • Fireplaces: 1
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Frame, Vinyl Siding
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Detached, Driveway, Private

Utilities

  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50x116
  • Lot Size Sq Ft: 5850
  • Building Area Total: 1533
  • Parcel Number: 2025-42-125-00-0318-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 17818.24
  • Tax Block: 125
  • Tax Lot: 318

MLS Schools

  • High School: Lynbrook Senior High School
  • Middle School District: Lynbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jul 26, 2021
Sold by
Natale Nicole
Bought by
West Hudson Lb Corp
Seller's Agent
Rich Marin
Signature Premier Properties
Buyer's Agent
Adam Butter
BERKSHIRE HATHAWAY
List Price
$548,845
Sold Price
$560,000
Premium/Discount to List
$11,155
2.03%
Current Estimated Value
$796,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,000
Avg. Annual Appreciation
9.02%
Original Mortgage
$392,000
Outstanding Balance
$357,467
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$438,533

Purchase Details

Closed on
May 15, 2019
Sold by
Mcfadden John
Bought by
Nicole Natale and Paula Mcfadden Estate
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
West Hudson Lb Corp $560,000 Stewart Title
Nicole Natale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Hudson Lb Corp $198,500
Open West Hudson Lb Corp $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $560,000 +2.0% $365 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $548,845 -- $358 / 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 $976 $470 $232 $238
2024 $976 $448 $185 $263
2023 $11,249 $504 $208 $296
2022 $11,249 $563 $232 $331
2021 $19,180 $548 $226 $322
2020 $25,155 $848 $549 $299
2019 $1,330 $848 $549 $299
2018 $1,300 $848 $0 $0
2017 $9,523 $848 $549 $299
2016 $10,749 $848 $549 $299
2015 $1,259 $848 $549 $299
2014 $1,259 $848 $549 $299
2013 $1,155 $848 $549 $299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3294049

OneKey® MLS

APN: 2025-42-125-00-0318-0