NOT LISTED FOR SALE

58 Lorraine Rd Island Park, NY 11558

Estimated Value: $638,000 - $811,045

3 Beds
2.5 Baths
1,356 Sq Ft
$534/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $770,000 $568 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,631/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Francis X Hegarty Elementary School Rated A-
  • Property is near public transit
  • 4-minute walk to Village of Island Park Mayor Landgraf Playground

About This Home

As of April 2024

Don't miss out on the opportunity to own this stunning, FEMA compliant Colonial home offering 3 bedrooms, 2.5 bathrooms, ideally situated in the heart of Island Park. Upon entry, you're greeted by the inviting first floor featuring a spacious living room complete with custom-built shelving, a convenient mudroom, a well-appointed dining room, a stylish half bath, and a modern kitchen with quartz countertops and a functional island. Ascending to the second floor, you'll discover a serene master bedroom with its own private full bath, accompanied by two additional bedrooms and another full bathroom, providing ample space for comfort and relaxation. Step outside to the expansive backyard, featuring lush grassy surroundings and a durable Trek deck, offering an ideal space for outdoor enjoyment. Key features not to be overlooked include hardwood flooring throughout, an electric fireplace, remarkably low flood insurance premiums of only $656 per year, fully paid-off solar panels covering all electricity expenses, exterior home down lighting for added ambiance, and the exclusive benefit of private beach access to Mason Beach - merely an 8-minutes away - solely reserved for Island Park residents, this home also boasts a convenient 12-minute commute to the LIRR station. Moreover, Long Beach is just a brisk 5-minute drive away, further enriching the coastal lifestyle afforded by this location. This home presents an exceptional opportunity to embrace coastal living at its finest while enjoying the comfort, convenience, and sustainability of modern amenities..

Last Agent to Sell the Property

Nicholas Pyvovar

EXP Realty Brokerage Phone: 888-276-0630 License #10401353880 Listed on: 02/15/2024

EXP Realty

Last Buyer's Agent

Jonathan Yunger

Douglas Elliman Real Estate License #10401334048

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,766

Year Built

  • Built in 2018

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Francis X Hegarty Elementary School
  • Island Park Lincoln Orens Middle School
  • Long Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 206 / 3
  • Assessor Parcel Number 2021-43-003-00-0206-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,766

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 2018
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Tankless Water Heater
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space, Unfinished
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Solar Panels Owned,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • AtticDescription: Pull Stairs,Unfinished
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, See Remarks
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Island Park Lincoln Orens Ms

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2021-43-003-00-0206-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 11765.98
  • Tax Block: 3
  • Tax Lot: 206
  • Tax Other Annual Assessment Amount: 2848.68
  • Tax Map Number: 2021-43-003-00-0206-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Francis X Hegarty Elementary School
  • High School: Long Beach High School
  • Middle School District: Island Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 18, 2024
Sold by
Madigan John and Madigan Karina
Bought by
Vais Brian M and Vais Olivia E
Seller's Agent
Nicholas Pyvovar
EXP Realty
Buyer's Agent
Jonathan Yunger
Douglas Elliman Real Estate
List Price
$749,999
Sold Price
$770,000
Premium/Discount to List
$20,001
2.67%
Views
90
Current Estimated Value
$724,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,477
Avg. Annual Appreciation
-4.11%
Original Mortgage
$462,000
Outstanding Balance
$454,978
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$269,545

Purchase Details

Closed on
Jun 13, 2019
Sold by
Artpj Realty Llc
Bought by
Madigan John and Madigan Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
House Trust Fund Corporation
Bought by
Artpj Realty Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Kaplan Jeremy
Bought by
Fine Martin

Purchase Details

Closed on
Jul 30, 2004
Sold by
Fernandez Jose
Bought by
Kaplan Jeremy
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
Vais Brian M $770,000 Judicial Title
Vais Brian M $770,000 Judicial Title
Madigan John $548,000 None Available
Madigan John $548,000 None Available
Artpj Realty Llc $143,100 Westcor Land Title Insurance
Artpj Realty Llc $143,100 Westcor Land Title Insurance
Fine Martin $442,500 --
Fine Martin $442,500 --
Kaplan Jeremy $395,000 --
Kaplan Jeremy $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vais Brian M $462,000
Closed Vais Brian M $462,000
Previous Owner Madigan John $493,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $770,000 +2.7% $568 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $749,999 -- $553 / 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 $9,615 $560 $191 $369
2024 $1,701 $547 $187 $360
2023 $7,768 $571 $195 $376
2022 $7,768 $571 $195 $376
2021 $9,724 $542 $185 $357
2020 $11,071 $662 $578 $84
2019 $1,496 $600 $578 $22
2018 $4,302 $813 $0 $0
2017 $0 $813 $578 $235
2016 $1,930 $813 $578 $235
2015 $1,821 $813 $578 $235
2014 $1,821 $813 $578 $235
2013 $1,695 $813 $578 $235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3531781

OneKey® MLS

APN: 2021-43-003-00-0206-0