by RH Advisors

See Home Value
$625,000
House - Off Market

500 Ray Street

Freeport, NY 11520
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$549,990
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream oasis in the heart of Freeport, NY! This exquisite 4 bedroom, 3 bath extended cape home needs some TLC but is a true gem that promises to captivate you from the moment you step through its charming entrance.  Nestled on a sprawling corner lot south of Atlantic Ave, this property exudes curb appeal and offers a harmonious blend of modern comforts and classic elegance. With 1,465 square feet of meticulously designed living space, this home provides ample room for both relaxation and entertainment.  Step inside and be greeted by the warmth of natural light that floods the open-concept living areas. The spacious living room invites you to unwind after a long day, while the fully equipped kitchen makes cooking a joy.  But the true highlight of this remarkable home lies in its seamless transition to outdoor living. Step onto the amazing covered patio - a true oasis for al fresco dining, entertaining, and relaxation. Overlooking the expansive grassy backyard, this outdoor haven is perfect for summer barbecues, family gatherings, and simply soaking in the beauty of your surroundings.  And there's more! The full finished basement not only provides extra living space but also opens up a realm of possibilities - a home gym, a media room, or even a play area for the little ones.  This Freeport treasure is not just a home; it's a lifestyle. With its prime location, you'll enjoy easy access to local amenities, schools, parks, and the vibrant energy of the area. Whether you're seeking comfort, space, or a place to create lasting memories, this extended cape home delivers it all.  Don't miss your chance to own this piece of paradise in Freeport. Schedule your showing today and experience the allure of this 4-bedroom, 3-bath haven that's ready to welcome you home.
Unit Size
-
Days on Market
89 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,172
HOA Dues
-
Year Built
1955
Last updated: 6 months ago (OneKey MLS #3500030)

Price History

Date / Event Date Event Price
Nov 22, 2023 Sold $625,000
Sold
Sep 15, 2023 In contract -
In contract
Aug 25, 2023 Listed by Real Broker NY LLC $549,990
Listed by Real Broker NY LLC
Jan 25, 2021 Sold $197,000
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,930
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,465
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #1 SCH DIST 009

Ownership

  • Current Owner : MUNIZ MIGDALIA
  • Current Owner 2: MUNIZ HECTOR
  • Previous Owner : GENERATOR HOUSES LLC
  • Owner Before Previous Owner: AMANKWAH JENNIFER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Freeport Union Free School District
  • School Tax School District: 009
  • School Tax District Code 2: FPT
  • Census Tract: 414501

Geography

  • District: 282009
  • Section: 54
  • Parcel: 54-313-00-0122
  • Block: 313
  • Lot: 122
  • Municipality: FREEPORT
  • Latitude: 40.6425
  • Longitude: -73.5961

    Address

  • Full Address: 500 Ray St
  • Address - House Number: 500
  • Address - Street Name: Ray
  • Address - Suffix Type: St
  • State: NY
  • City Name: Freeport
  • Carrier Code: C028
  • 4-Digit Zip Code: 5231
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,679
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 628,454
  • High Value: 741,932
  • Low Value: 514,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 12, 2023
  • First Open Lien Mortgage Loan Amount: $312,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 12, 2053

    Market Valuation

  • Market Total Value: $419,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419
  • Assessed Land Value: $177
  • Assessed Improvements Value: $242

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Transaction ID: 11917807080
  • Current Sale Price: $625,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2023-74344
  • Previous Sale Recording Date: Jan 25, 2021
  • Previous Sale Contract Date: Jan 05, 2021
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 12, 2023
  • First Mortgage Loan Amount: $312,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: RICHARD B MCKENNA
  • Previous Mortgage Transaction Date: Jan 25, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 15
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$550,000 Oct 26, 2021
$550,000 May 26, 2022
$991/mo
House
4 Beds
2 Baths
-
$560,000 Aug 29, 2023
$560,000 Nov 27, 2023
$961/mo
House
4 Beds
3 Baths
-
$497,000 Feb 17, 2022
$497,000 Jun 13, 2022
$1,421/mo
House
4 Beds
3 Baths
-
$599,000 Aug 24, 2023
$599,000 Oct 18, 2023
$1,335/mo
House
4 Beds
2 Baths
-
$610,000 Jan 22, 2022
$610,000 Apr 1, 2022
$954/mo
House
4 Beds
2 Baths
-
$525,000 Feb 25, 2023
$525,000 Jun 21, 2023
$993/mo
House
4 Beds
1 Bath
-
$529,000 Jul 14, 2023
-
$883/mo
House
4 Beds
2 Baths
-
$599,000 Jul 14, 2023
-
$1,053/mo
House
4 Beds
2 Baths
-
$574,900 Jun 29, 2022
-
$996/mo
House
4 Beds
2 Baths
-
$599,000 Feb 2, 2023
-
$1,237/mo
House
4 Beds
1 Bath
-
$500,000 Jul 20, 2023
-
$790/mo
House
4 Beds
1 Bath
-
$619,000 Nov 15, 2023
-
$1,352/mo

About Freeport


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Frequently Asked Questions

When was property at 500 Ray Street built and last sold?
The property at 500 Ray Street was built in 1955 and last sold on Nov 29, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 500 Ray Street is $555,490.
What are some comparable homes to 500 Ray Street?
Homes that are comparable to 500 Ray Street include a house property at 2772 Laurel Avenue, 43 Westside Avenue, 510 Ray Street.

Nearby Counties
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