NOT LISTED FOR SALE

88 Cove Rd Oyster Bay, NY 11771

Estimated Value: $2,445,456 - $2,733,000

5 Beds
7 Baths
5,301 Sq Ft
$488/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $2,100,000 $396 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,731/month

120 Days on Market

Highlights

  • Docks
  • Beach Access
  • Deck
  • Theodore Roosevelt Elementary School Rated A
  • Colonial Architecture
  • Private Lot

About This Home

As of February 2022

Enchanting 5 Bedroom Colonial With Park Like, Tranquil Setting On 2.34 Acres w/ Easement To Water & Mooring. Spacious Dining Room w/ French Doors To Wood Patio & Oversized Windows Looking Out To Lush Plantings & Specimen Trees. Eat In Kitchen Features Top-Of-The-Line Appliances & Breakfast Nook. Vaulted Ceiling Den w/ Built Ins. Guest EnSuite w/ Gas Fireplace & Private Entry. Fabulously Updated Master Suite w/ Sitting Area w/ FP & Luxurious Master Bathroom w/ radiant heat floors. In Ground Gunite Salt Water Pool w/12' Deep End. Walk Out Lower Level Boasts Gym w/ Walls Of Glass w/ View Of Koi Pond & Gardens. Very Special Property!

Last Agent to Sell the Property

Kimberly Bancroft

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #40BA1172046 Listed on: 06/25/2021

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,251

Year Built

  • Built in 1956

Lot Details

  • 2.34 Acre Lot
  • Property fronts an easement
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 5,301 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access
  • Water Access
  • Docks
  • Deck
  • Patio

Schools

  • Theodore Roosevelt Elementary School
  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Legal Lot and Block 48 / D
  • Assessor Parcel Number 2419-27-D-00-0048-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,251

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Mint+++
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Year Built: 1956
  • New Construction: No
  • Attribution Contact: 516-759-4800
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Guest Quarters, Home Office, Marble Bath, Marble Counters, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Inclusions: Alarm System,B/I Shelves,Ceiling Fan,Compactor,Curtains/Drapes,Dishwasher,Disposal,Dryer,Entertainment Cabinets,Freezer,Light Fixtures,Microwave,Refrigerator,Speakers Indoor,Storm Windows,Wall Oven,Wall to Wall Carpet,Washer,Whirlpool Tub,Whole House Ent. Syst
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5301
  • Window Features: ENERGY STAR Qualified Windows, Skylight(s)
  • AtticDescription: Full,Unfinished
  • SquareFootage: 5301.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, HardiPlank Type
  • Waterfront Features: Beach Access, Water Access
  • Exterior Features: Sprinkler System, Dock
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Propane, Baseboard, Forced Air, Hot Water
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 4
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Size Acres: 2.34
  • Lot Size Area: 2.34
  • Lot Dimensions: 2.34
  • Lot Size Sq Ft: 101930
  • Lot Size Units: Acres
  • Lot Features: Easement, Private
  • Parcel Number: 2419-27-D-00-0048-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2022-02-22

Tax Info

  • Tax Annual Amount: 34251.06
  • Tax Block: D
  • Tax Lot: 48
  • Tax Other Annual Assessment Amount: 4875.02
  • Tax Map Number: 2419-27-D-00-0048-0
  • IncludedInTaxes: Water

MLS Schools

  • Elementary School: Theodore Roosevelt School
  • High School: Oyster Bay High School
  • Middle School District: Oyster Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Feb 25, 2022
Sold by
Schwarz Konrad P and Schwarz Catherine W
Bought by
Austin David D and Austin K
Seller's Agent
Kimberly Bancroft
Daniel Gale Sothebys Intl Rlty
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
Current Estimated Value
$2,589,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,228
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,470,000
Outstanding Balance
$1,357,823
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$1,111,826

Purchase Details

Closed on
Jun 10, 2009
Sold by
Quinlan William
Bought by
Schwarz Konrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.92%
Mortgage Type
Unknown
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
Austin David D $2,100,000 First American Title
Schwarz Konrad $1,824,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin David D $1,470,000
Previous Owner Schwarz Konrad P $547,000
Previous Owner Schwarz Konrad P $650,000
Previous Owner Schwarz Konrad $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,100,000 -4.5% $396 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $2,198,000 -4.4% $415 / Sq Ft
08/16/2021 08/16/21 Price Changed $2,298,000 -4.1% $434 / Sq Ft
06/25/2021 06/25/21 For Sale $2,395,000 -- $452 / 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 $7,480 $1,348 $645 $703
2024 $7,480 $1,348 $645 $703
2023 $27,265 $1,401 $670 $731
2022 $27,265 $1,348 $645 $703
2021 $27,217 $1,353 $647 $706
2020 $29,376 $2,801 $1,838 $963
2019 $8,965 $2,801 $1,838 $963
2018 $18,817 $2,801 $0 $0
2017 $17,188 $2,801 $1,260 $1,541
2016 $25,632 $3,472 $1,446 $2,026
2015 $10,258 $4,085 $1,701 $2,384
2014 $10,258 $4,085 $1,701 $2,384
2013 $10,733 $4,413 $1,838 $2,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3325025

OneKey® MLS

APN: 2419-27-D-00-0048-0