Home In Babylon

Hi HIB readers. I’m back to posting about Babylon real estate, at least for this one post. Frankly, there’s not much to interest me in the current market, but I’ll keep plugging away as much as I can.

I was able to get the Sold Properties feature working on my PC by disabling the firewall. Sadly, that seems to have worked only a few times. I’m still able to access the tool from my wife’s laptop for some odd reason.

Nine houses sold in Babylon in October of 2008. That’s pretty good, actually, but I expect more than a couple were holdovers from August/September.

62 Mayhew Ave

• MLS# 2097581 – Zillow Page
• Sold: $580,000 – 10/14/2008
• Prior Sales: none
• 4 bedrooms – 2 bath – Hi Ranch
• Taxes: $9,426 – Village Taxes: $866

A waterfront home on the canal. It seems to have a nice deck and a good sized lot. W. Babylon schools. the listing mentions 2 stoves and 2 refrigerators, which is often code for an illegal two family house

36 Burnage Ln

• MLS# 2095165 – Zillow Page
• Sold: $355,000 – 10/17/2008
• Prior Sales: none
• 3 bedrooms – 1.5 bath – Split Ranch
• Taxes: $8,610 – Village Taxes: none

N. Babylon schools – not in the village –

156 Cockonoe Ave

• MLS# *1016440 – Zillow Page
• Sold: $545,000 – 10/20/2008
• Prior Sales: none
• 4 bedrooms – 3 bath – Colonial
• Taxes: $11,969 – Village Taxes: $1,684

Eastern edge of the Indian section.

109 Whalers Cove

• MLS# 2075720 – Zillow Page
• Sold: $340,000 – 10/22/2008
• Prior Sales: none
• 2 bedrooms – 1.5 bath – Condo
• Taxes: $4747 – Village Taxes: ??? – Common Charge: $235

Another condo in the Whalers Cove complex. This seems about the going rate for one of these two bedroom units, but it’s hard to see spending this kind of money for a condo when you could get a whole house for not much more.

47 Frederick Ave

• MLS# 2088868 – Zillow Page
• Sold: $340,000 – 10/22/2008
• Prior Sales: none
• 3 bedrooms – 1 bath – Ranch
• Taxes: $8,523 – Village Taxes: $338

We saw this one shortly after it came on the market and wrote about it. The house needs a ton of work and I’m very surprised that it wen for $340,000. That’s only $9,000 under asking price. Still, there’s not a lot of houses in the Village in this price range, so when one comes on the market, there’s a lot of interest.

79 Mayhew Ave

• MLS# 2105961 – Zillow Page
• Sold: $400,000 – 10/27/2008
• Prior Sales: 10/04/2001: $168,500
• 3 bedrooms – 1.5 bath – Ranch
• Taxes: $6,662 – Village Taxes: $826

W. Babylon schools.

14 Araca Rd

• MLS# 2027699 – Zillow Page
• Sold: $450,000 – 10/27/2008
• Prior Sales: none
• 3 bedrooms – 1 bath – Colonial
• Taxes: $7,098 – Village Taxes: $735

Looks like a decently sized house on a bigger plot of land south of Montauk.

19 Howard St

• MLS# 2099534 – Zillow Page
• Sold: $490,000 – 10/28/2008
• Prior Sales: 07/14/2006: $411,000
• 3 bedrooms – 1.5 bath – Colonial
• Taxes: $5,440 – Village Taxes: $339

We saw this house and it’s very oddly laid out. The place was expanded some time in the 80′s and the owners were in the process of renovating. It’s significantly over the 2004 price, but I’m sure that accounts for some fairly significant work put into the place in the intervening years.

565 Pinto St

• MLS# 2032940 – Zillow Page
• Sold: $315,000 – 10/28/2008
• Prior Sales: 06/04/2004: $338,000 /li>
• 3 bedrooms – 3 bath – Ranch
• Taxes: $10,249 – Village Taxes: None

Another one of those houses that are north of the village, south of Sunrise and just over the line into the North Babylon school district. This seems to be a nice one with a full finished basement and three full baths.

Of course, for the real story here check out the prior sale. The discount off the 2004 price isn’t huge, but it’s there and it’s unmistakable.

30 The Crescent Unit #: 6

• MLS# 2101664 – Zillow Page
• Sold: $235,000 – 10/30/2008
• Prior Sales: none
• 2 bedrooms – 1 bath – Co-op
• Taxes: $??? – Village Taxes: $???

We used to run past these units all the time. They look nice from the outside, although parking is an issue.