NOT LISTED FOR SALE

78 Midway Ave Locust Valley, NY 11560

Estimated Value: $929,179 - $941,000

3 Beds
2 Baths
1,678 Sq Ft
$557/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $800,000 $477 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,534/month

100 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Car Detached Garage
  • Locust Valley High School Rated A
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of March 2022

Wonderful 3 Bedroom Updated Colonial In The Heart Of Locust Valley On Quiet Interior Street. Fabulous Updated Eat In Kitchen W/ Stainless Appliances & Quartzite Countertops & Carrera Subway Tile. Sunny & Spacious Formal Dining Room. Open Floor Plan Living Room w/ Office Area. Fabulous Vaulted Ceiling Master Boasts Large Walk In Closet. Door Off Of Kitchen Leads To Rear Patio Perfect For Entertaining. Basement w/ Playroom w/ Windows. New Driveway & Bluestone Front Entry Steps & Walkway. New Hot Water Tank. Private Rear Property Includes Outdoor Shed. Close To Schools, Train, Restaurants, & Shopping! Must See!

Last Agent to Sell the Property

Kimberly Bancroft

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #40BA1172046 Listed on: 07/26/2021

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Lisbeth Finnerty

Daniel Gale Sothebys Intl Rlty License #10301218999

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,399

Year Built

  • Built in 1947 | Remodeled in 2017

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 50x116
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Doors
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cesspool

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 11 / M03
  • Assessor Parcel Number 2489-29-M-03-0011-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,399

Year Built

Built in 1947 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Mint++
  • Levels: Three Or More
  • Year Built: 1947
  • New Construction: No
  • Year Built Effective: 2017
  • Attribution Contact: 516-759-4800
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Door Features: ENERGY STAR Qualified Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: Curtains/Drapes,Dishwasher,Dryer,Light Fixtures,Refrigerator,Screens,Shades/Blinds,Shed,Washer
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows
  • AtticDescription: Partial,Pull Stairs
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • Exterior Features: Sprinkler System
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Cesspool
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50x116
  • Lot Size Sq Ft: 5800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2489-29-M-03-0011-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2021-12-31

Tax Info

  • Tax Annual Amount: 13399.29
  • Tax Block: M03
  • Tax Lot: 11
  • Tax Map Number: 2489-29-M-03-0011-0
  • IncludedInTaxes: Trash

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

Listed on
Jul 26, 2021
Closed on
Mar 10, 2022
Sold by
Morra Christopher and Morra Andrea
Bought by
Yaser Mohamad
Seller's Agent
Kimberly Bancroft
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Lisbeth Finnerty
Daniel Gale Sothebys Intl Rlty
List Price
$939,000
Sold Price
$800,000
Premium/Discount to List
-$139,000
-14.8%
Current Estimated Value
$935,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,090
Avg. Annual Appreciation
4.60%
Original Mortgage
$640,000
Outstanding Balance
$599,649
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$335,441

Purchase Details

Closed on
Jul 28, 2016
Sold by
Rizzo Ruth and Zember Patricia
Bought by
Morra Christopher and Morra Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Yaser Mohamad $800,000 Abstracts Incorporated
Morra Christopher $517,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaser Mohamad $640,000
Previous Owner Morra Christopher $448,000
Previous Owner Morra Christopher $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $800,000 -3.0% $477 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $825,000 -5.7% $492 / Sq Ft
09/04/2021 09/04/21 Price Changed $875,000 -2.6% $521 / Sq Ft
08/27/2021 08/27/21 Price Changed $898,000 -4.4% $535 / Sq Ft
07/26/2021 07/26/21 For Sale $939,000 -- $560 / 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 $5,384 $599 $255 $344
2024 $5,384 $599 $255 $344
2023 $14,424 $599 $255 $344
2022 $14,424 $599 $255 $344
2021 $14,041 $576 $245 $331
2020 $12,354 $878 $638 $240
2019 $13,701 $1,091 $793 $298
2018 $13,701 $1,091 $0 $0
2017 $8,176 $1,091 $793 $298
2016 $13,108 $1,091 $793 $298
2015 $4,389 $1,091 $793 $298
2014 $4,389 $1,091 $793 $298
2013 $4,008 $1,091 $793 $298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3332942

OneKey® MLS

APN: 2489-29-M-03-0011-0