When was property at 508 Prospect Avenue built and last sold?

The property at 508 Prospect Avenue was built in 1941 and last sold on Sep 22, 2021 for $470,000.

How much is this home worth?

The estimated value of the home located at 508 Prospect Avenue is $453,490.

What are some comparable homes to 508 Prospect Avenue?

There are currently no comparable homes to 508 Prospect Avenue.

Central Islip

11722

Central Islip

508 Prospect Avenue

$470,000

● House - Off Market

508 Prospect Avenue

Islip, NY 11722

4 Beds

3 Baths

$505,328

RealtyHop Estimate

12.55%

Since Nov 1, 2021

National-US

Primary Model

About This Property

GREAT FOR INVESTORS OR OWNER OCCUPANTS WITH EXTENDED FAMILY !!! Home sweet Home! Beautifully maintained Exp Cape close to stores, highways and LIRR. This home features 6 bedrooms ,3 full bathrooms , Eik, Lr, it has multiple outside entrances throughout the house. 1.5 Det Car Garage with Spacious yard. Potential Mother and Daughter with proper permits. Full Finished Basement with Outside entrance !, Additional information: Separate Hotwater Heater:Y

Unit Size

Days on Market

Land Size

0.45 acres

Price per sqft

Property Type

House

Property Taxes

$971

HOA Dues

Year Built

1941

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (OneKey MLS #KEYL3335987)

Price History

Date / Event	Date	Event
Oct 6, 2021	Sold	Premium
Sold
Aug 17, 2021	In contract	-
In contract
Feb 11, 2021	Listed by ARVY Realty	$449,000
Listed by ARVY Realty
Jan 13, 2012	Sold	Premium
Sold
Oct 15, 2009	Sold	Premium
Sold

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 1941

Effective Year Built: 1941
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 4
Garage Square Area: 360
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 19,602

Lot Size Depth Feet: 2,000
Lot Size Frontage Feet: 1,000
Total Building Area: 2,062
Building Area: 1,702
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,702
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MAP OF MOTOR PARKWAY ACREAGE
Land Acres: 0000000450
Standard Land Use Code: 1022
County Land Use Code: 215
Legal Description 1: X2216527Y208322 T011H00000000

Neighborhood

School District Name: Central Islip Union Free School District

School Tax School District: CENTRAL ISLIP
Census Tract: 145703

Zoning

Zoning: AA

Geography

District: 0500-0

Section: 50.07
Parcel: 0500-077.00-03.00-024.000
Block: 7000
Lot: 300.024
Municipality: ISLIP
Latitude: 40.7949
Longitude: -73.2176

Address

Full Address: 508 Prospect Ave

Address - House Number: 508
Address - Street Name: Prospect
Address - Suffix Type: Ave
State: NY
City Name: Central Islip
Carrier Code: C016
4-Digit Zip Code: 1917
Zip Code: 11722

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,194,108
Tax Rate Code Area: 472813

Appraisal Valuation

Standard Deviation: 0.2549

Valuation Date: Feb 14, 2024
Confidence Score: 63
Final Value: 557,285
High Value: 699,351
Low Value: 415,220

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 Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $506,868

Market Land Value: $140,110
Market Improvement Value: $366,758

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $36,900
Assessed Land Value: $10,200
Assessed Improvements Value: $26,700

Sales

Current Sale Contract Date: Sep 22, 2021

Current Sale Recording Date: Oct 29, 2021
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jan 13, 2012
Previous Sale Contract Date: Jan 09, 2012
Previous Sale Amount: $213,222
Previous Sale Document Type: 27

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

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

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Comparables

About Central Islip

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

Average Home Size

1640 ft²

Average Home Age

57.6 years

Currently For Sale

40 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

Unit for rent at 300 Carleton Avenue, Central Islip, NY, 11722

$3,795 /mo

2 Beds
2 Baths
1,163 ft²

300 Carleton Avenue #5207, Central Islip, NY, 11722 Listing by Rita B. Bender

Unit for rent at 433 Lincoln Boulevard, Hauppauge, NY, 11788

$2,650 /mo

1 Bed
1 Bath
720 ft²

433 Lincoln Boulevard #12L, Hauppauge, NY, 11788 Listing by Michelle Holmes

Unit for rent at 38 Sage Street, Central Islip, NY, 11722

$3,500 /mo

3 Beds
1 Bath
1,050 ft²

38 Sage Street, Central Islip, NY, 11722 Listing by Luis Dominguez

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 5 months ago
Data Source: OneKey MLS

508 Prospect Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Central Islip

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions