by RH Advisors

See Home Value
$599,000
House - Off Market

15 W 5th Street

Locust Valley, NY 11560
bedrooms
4 Beds
bathrooms
2 Baths
$675,271
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Walk into your "Home Sweet Home". This beautiful newly renovated house features four bedrooms and 2 bathrooms with a HUGE fully finished basement, and two driveways. If you are looking to move to Locust Valley this is the home for you. Blocks from everything you can possibly need and want including LIRR, Restaurants, Golf Course and so much more.
Unit Size
-
Days on Market
221 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1928
Last updated: 9 months ago (OneKey MLS #3292233)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold $599,000
Sold
Jul 24, 2021 No longer available -
No longer available
Jul 22, 2021 In contract -
In contract
Jun 16, 2021 Price Decreased $599,999
↓ $50K (7.7%)
Price Decreased
Jun 2, 2021 Price Decreased $649,900
↓ $49K (7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,666
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 004

Ownership

  • Current Owner : ISHMAEL ALANA NICOLE
  • Current Owner 2: PALMER SHONETTE D
  • Previous Owner : BLACK SAPPHIRE GROUP INC
  • Owner Before Previous Owner: SCHRAMM MICHAEL D
  • Owner Before Previous Owner 2: SCHRAMM CORINDA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Locust Valley Central School District
  • School Tax School District: 004
  • Census Tract: 517802

Geography

  • District: 282489
  • Section: 30
  • Parcel: 30-027-00-0084
  • Block: 27
  • Lot: 84-85
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.8758
  • Longitude: -73.6033

    Address

  • Full Address: 15 W 5th St
  • Address - House Number: 15
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Locust Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 1603
  • Zip Code: 11560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,639
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 515

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 748,089
  • High Value: 868,809
  • Low Value: 627,369

    Market Valuation

  • Market Total Value: $506,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506
  • Assessed Land Value: $242
  • Assessed Improvements Value: $264

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11866119476
  • Current Sale Price: $599,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021-141657
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Oct 05, 2020
  • Previous Sale Amount: $316,327
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CLIFFCO INC
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $588,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: BENASON CAPITAL CORP
  • Previous Mortgage Transaction Date: Oct 20, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$525,000 Jan 15, 2020
$525,000 Aug 27, 2020
$678/mo
House
3 Beds
2 Baths
-
$555,000 Nov 8, 2022
$555,000 Jan 11, 2023
$861/mo
Commercial
Loft
-
-
$525,000 Jan 15, 2020
$525,000 Aug 27, 2020
$678/mo
In Contract
House
3 Beds
1 Bath
-
$545,000 Dec 29, 2022
-
$709/mo
House
3 Beds
2 Baths
-
$649,000 Feb 3, 2023
-
$1,100/mo
House
3 Beds
2 Baths
-
$650,000 Sep 9, 2023
-
$1,012/mo
House
3 Beds
2 Baths
-
$679,000 Aug 31, 2023
-
$794/mo

About Locust Valley


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Frequently Asked Questions

When was property at 15 West 5th Street built and last sold?
The property at 15 West 5th Street was built in 1928 and last sold on Oct 15, 2021 for $599,000.
How much is this home worth?
The estimated value of the home located at 15 West 5th Street is $605,999.
What are some comparable homes to 15 West 5th Street?
There are currently no comparable homes to 15 West 5th Street.

Nearby Counties
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