$535,000
SOLD MAR 25, 2025

71 Lyon Place Lynbrook, NY 11563

4 Beds
2 Baths
2,084 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

24% Below List Price

58 Days on Market

Highlights

  • Craftsman Architecture
  • 2-minute walk to Lynbrook Station
  • Wood Flooring
  • Lynbrook Senior High School Rated A
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of March 2025

Craftsman-style home with high ceilings and timeless character! Features a cozy wood burning fireplace in the living room, a formal dining room, and spacious family room that opens to the large yard and patio - perfect for entertaining! Eat in kitchen has gas for cooking. The charming screened in porch adds a tranquil space to relax and enjoy the outdoors. With 5 bedrooms and 2 full baths, there's plenty of room for a growing family. The home is being sold "AS IS" and needs some updates, which offers the unique opportunity for a buyer to make it their own and modernize, while retaining its classic charm. Don't miss this chance to invest in a property with great bones and endless potential for renovation! Desirable Lynbrook Schools

Last Agent to Sell the Property

Allison Caffrey

John J Caffrey JR Brokerage Phone: 516-350-8993 License #40WA1080560 Listed on: 11/16/2024

Last Buyer's Agent

John Caffrey

John J Caffrey JR License #10351213682

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,506

Year Built

  • Built in 1920

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Craftsman Architecture
  • Split Level Home
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Lynbrook North Middle School
  • Lynbrook Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Exclusions: A/C Units,Dryer,Washer
  • Legal Lot and Block 47 / 312
  • Assessor Parcel Number 2025-37-312-00-0047-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,506

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Craftsman
  • Property SubType: Single Family Residence
  • Levels: Multi/Split
  • Exclusions: A/C Units,Dryer,Washer
  • Year Built: 1920
  • Attribution Contact: 516-350-8993
  • CurrentPrice: 535000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oil Water Heater
  • Interior Amenities: Eat-in Kitchen, Formal Dining, First Floor Bedroom
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Basement YN: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Shingle Siding, Frame
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Cooling: None
  • Heating: Oil, Baseboard, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Lynbrook North Middle School

Lot Info

  • Lot Dimensions: 60x120
  • Lot Size Sq Ft: 7200
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 2025-37-312-00-0047-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 18506.27
  • Tax Block: 312
  • Tax Lot: 47

MLS Schools

  • High School: Lynbrook Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Mar 25, 2025
Sold by
Lella Stephen and Lella John
Bought by
Derman Aharon and Derman Denis
Seller's Agent
Allison Caffrey
John J Caffrey JR
Buyer's Agent
John Caffrey
John J Caffrey JR
List Price
$699,999
Sold Price
$535,000
Premium/Discount to List
-$164,999
-23.57%
Views
149
Current Estimated Value
$728,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,913
Avg. Annual Appreciation
54.59%
Original Mortgage
$428,000
Outstanding Balance
$425,427
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$303,486
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $535,000 Fidelity Title Insurance Co
Bargain Sale Deed $535,000 Fidelity Title Insurance Co
Bargain Sale Deed $535,000 Fidelity Title Insurance Co
Bargain Sale Deed $535,000 Fidelity Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Closed $428,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $535,000 -23.6% $257 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
11/16/2024 11/16/24 For Sale $699,999 -- $336 / 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 $12,888 $604 $249 $355
2024 $1,178 $604 $249 $355
2023 $11,450 $604 $249 $355
2022 $11,450 $604 $249 $355
2021 $16,349 $588 $242 $346
2020 $10,846 $723 $412 $311
2019 $9,675 $723 $412 $311
2018 $8,843 $723 $0 $0
2017 $1,002 $723 $412 $311
2016 $1,604 $723 $412 $311
2015 $900 $723 $412 $311
2014 $900 $723 $412 $311
2013 $812 $723 $412 $311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3591566

OneKey® MLS

APN: 2025-37-312-00-0047-0