NOT LISTED FOR SALE

951 Madison Place Merrick, NY 11566

Estimated Value: $842,000 - $914,932

5 Beds
2 Baths
2,231 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $815,000 $365 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,624/month

27 Days on Market

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • Den
  • Grand Avenue Middle School Rated A
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of September 2024

DREAMS Do come true! Rare opportunity to own this expanded 5 Bedroom 2 Full Bath Split close to 2,300 Square Feet. This spacious home features an Extended Formal Dining Room, Huge EIK, Formal Living Room, Family Room, Vaulted ceilings, 3 Skylights, AND MORE! 5th Bedroom could also be used as an office. Don't forget about the FULL Basement 1 Car Attached Garage, 2 Ductless A/C Units, Architectural Roof, Upgraded Electrical Service, In Ground Sprinklers and large fenced backyard! A MUST SEE!!

Last Agent to Sell the Property

Jeffrey Bigay

Signature Premier Properties Brokerage Phone: 516-785-0100 License #10301201802 Listed on: 04/17/2024

Signature Premier Properties

Co-Listed By

Tara Bigay

Signature Premier Properties Brokerage Phone: 516-785-0100 License #10401311687

Last Buyer's Agent

Michele Flaumenbaum

Douglas Elliman Real Estate License #10401343902

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,572

Year Built

  • Built in 1955

Lot Details

  • 7,807 Sq Ft Lot
  • Lot Dimensions are 76x90
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • John G Dinkelmeyer Elementary School
  • Grand Avenue Middle School
  • Wellington C Mepham High Sch

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Exclusions: See Remarks
  • Legal Lot and Block 2 / 582
  • Assessor Parcel Number 2089-50-582-00-0002-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,572

Year Built

Built in 1955

Lot Details

7,807 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Exclusions: See Remarks
  • Year Built: 1955
  • New Construction: No
  • Attribution Contact: 516-785-0100
  • Co List Office Mls Id: ONESPH23
  • Co List Office Phone: 516-785-0100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Inclusions: A/C Units,Dishwasher,Microwave,Refrigerator
  • Total Bedrooms: 5
  • Window Features: Skylight(s)
  • AtticDescription: Partial
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Brick, Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, On Street

Utilities

  • Cooling: Ductless, Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: None
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Grand Avenue Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 76x90
  • Lot Size Sq Ft: 7807
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2089-50-582-00-0002-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 15572.13
  • Tax Block: 582
  • Tax Lot: 2
  • Tax Map Number: 2089-50-582-00-0002-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: John G Dinkelmeyer School
  • High School: Wellington C Mepham High Sch
  • Middle School District: Bellmore-Merrick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Sep 17, 2024
Sold by
Shapiro Nancy B
Bought by
Lorusso Vincent R and Solo Jacqueline
Seller's Agent
Jeffrey Bigay
Signature Premier Properties
Buyer's Agent
Michele Flaumenbaum
Douglas Elliman Real Estate
List Price
$799,990
Sold Price
$815,000
Premium/Discount to List
$15,010
1.88%
Views
210
Current Estimated Value
$878,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,466
Avg. Annual Appreciation
5.20%
Original Mortgage
$652,000
Outstanding Balance
$644,069
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$234,397
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 Buyer Sale Price Title Company
Lorusso Vincent R $815,000 Stewart Title
Lorusso Vincent R $815,000 Stewart Title
Lorusso Vincent R $815,000 Stewart Title
Lorusso Vincent R $815,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorusso Vincent R $652,000
Closed Lorusso Vincent R $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $815,000 +1.9% $365 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $799,990 -- $359 / Sq Ft
Source: OneKey® MLS

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 $12,648 $550 $206 $344
2024 $4,082 $574 $215 $359
2023 $11,672 $579 $217 $362
2022 $11,672 $593 $222 $371
2021 $15,697 $569 $213 $356
2020 $11,082 $712 $674 $38
2019 $9,950 $762 $676 $86
2018 $10,058 $813 $0 $0
2017 $8,029 $864 $681 $183
2016 $12,041 $915 $602 $313
2015 $4,174 $966 $636 $330
2014 $4,174 $966 $636 $330
2013 $4,407 $1,095 $721 $374
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Bigay

    Seller's Agent in 2024

    Jeffrey Bigay

    Signature Premier Properties

    (516) 972-9703

    3 in this area

    62 Total Sales

    Jeffrey Bigay
    Section Image
  • Tara Bigay

    Seller Co-Listing Agent in 2024

    Tara Bigay

    Signature Premier Properties

    (516) 672-1762

    3 in this area

    50 Total Sales

    Tara Bigay
    Section Image
  • Michele Flaumenbaum

    Buyer's Agent in 2024

    Michele Flaumenbaum

    Douglas Elliman Real Estate

    (516) 354-6500

    1 in this area

    52 Total Sales

    Michele Flaumenbaum
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3545406

OneKey® MLS

APN: 2089-50-582-00-0002-0

New York Nassau County Merrick 11566

951 Madison Place, Merrick, NY

Not Listed for Sale

Detached

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