When was property at 16 Merit Lane built and last sold?

The property at 16 Merit Lane was built in 1957 and last sold on Jul 25, 2023 for $1,128,000.

How much is this home worth?

The estimated value of the home located at 16 Merit Lane is $1,180,738.

What are some comparable homes to 16 Merit Lane?

There are currently no comparable homes to 16 Merit Lane.

Jericho

11753

Jericho

16 Merit Lane

$1,128,000

● House - Off Market

16 Merit Lane

Oyster Bay, NY 11753

3 Beds

2 Baths, 1 Half Bath

1,883 Ft²

$1,174,786

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

Capri Split in the heart of East Birchwood- a quiet street in Jericho School District! Updated light & bright open kitchen concept with granite countertops, 5 year old appliances and skylight. Sliding door leads to cedar deck with hot tub!! Updated Main bathroom , Roof & CAC updated, Oil Burner 2019, Updated IGS. Den with wood burning fireplace and slider that leads out to a paver patio, finished basement with office & laundry. Hi hats throughout the house! Private fenced yard 80x125. Garage floor & driveway 2017. Gas in front of house for easy conversion!! Taxes were successfully grieved- reduction of 6.5% ! Taxes currently with STAR reduction $19,727.57 ( not including the reduction for 2024 taxes)., Additional information: Appearance:Mint,Separate Hotwater Heater:yes

Unit Size

1,883 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$626

Property Type

House

Property Taxes

$1,761

HOA Dues

Year Built

1957

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (OneKey MLS #KEYL3457361)

Price History

Date / Event	Date	Event
Jul 26, 2023	Sold	Premium
Sold
Mar 5, 2023	In contract	-
In contract
Feb 8, 2023	Listed by Homes By Mara	$1,178,000
Listed by Homes By Mara
Nov 18, 2022	Withdrawn	-
Withdrawn
Jul 28, 2022	Listed by Homes By Mara	$1,178,000
Listed by Homes By Mara
Aug 9, 2022	Withdrawn	-
Withdrawn

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1957

Effective Year Built: 1957
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 1
Building Condition: 3
Building Quality: 9
Construction Type: 0
Building Style: 41
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 20
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 370
Garage Type: 17
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,000

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 800
Total Building Area: 1,883
Building Area: 1,883
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,883
Heating Fuel Type: 6

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 2100
Legal Description 1: TOWN #3 SCH DIST 015

Neighborhood

School District Name: Jericho Union Free School District

School Tax School District: 015
Census Tract: 518600

Geography

District: 282489

Section: 12
Parcel: 12-507-00-0012
Block: 507
Lot: 12
Municipality: OYSTER BAY UNINCORPORATED
Latitude: 40.7891
Longitude: -73.5319

Address

Full Address: 16 Merit Ln

Address - House Number: 16
Address - Street Name: Merit
Address - Suffix Type: Ln
State: NY
City Name: Jericho
Carrier Code: C003
4-Digit Zip Code: 1723
Zip Code: 11753

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,112,757
Tax Rate Code Area: 542

Appraisal Valuation

Standard Deviation: 0.0928

Valuation Date: Aug 09, 2023
Confidence Score: 91
Final Value: 1,154,389
High Value: 1,261,612
Low Value: 1,047,167

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $918,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $918
Assessed Land Value: $480
Assessed Improvements Value: $438

Sales

Current Sale Contract Date: Jul 25, 2023

Current Sale Recording Date: Aug 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 2023-47129

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Jericho

Stats & Trends

Median Asking:

$1,298,888

Sale Price/ft²

$595

Below Asking

0.02%

Average Days on Market

Average Home Size

2875 ft²

Average Home Age

53.7 years

Currently For Sale

39 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$5,000 /mo

3 Beds
2 Baths
1,071 ft²

14 Hicks Avenue, Syosset, NY, 11791 Listing by Batul N. Morbi GRI

Unit for rent at 29 Jerome Avenue, Hicksville, NY, 11801

$5,650 /mo

4 Beds
3 Baths
1,564 ft²

29 Jerome Avenue, Hicksville, NY, 11801 Listing by Bharat D. Shah CBR

Unit for rent at 99 Jerusalem Avenue, Hicksville, NY, 11801

$2,800 /mo

1 Bed
1 Bath
1,000 ft²

99 Jerusalem Avenue #1, Hicksville, NY, 11801 Listing by Jeffrey Stineback

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 6 months ago
Data Source: OneKey MLS

16 Merit Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Jericho

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions