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1863 Gormley Ave

Merrick, NY 11566

4 bd 2 ba 1,560 sqft Built 1952 Lot 7,500 sqft single_family
Most recent sale
$725,000
Jan 10, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 10, 2023 Sold $725,000 OneKeyMLS
Oct 18, 2022 Relisted $699,000 OneKeyMLS
Oct 16, 2022 Listing removed $699,000 OneKeyMLS
Oct 4, 2022 Listing removed $699,000 OneKeyMLS
Sep 27, 2022 Listed $699,000 OneKeyMLS
Jul 10, 2008 Sold $470,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $263 $225 $488 $14,206
2022 $290 $248 $538 $13,693
2021 $290 $248 $538 $18,001
2020 $279 $238 $517 $13,790
2019 $275 $603 $878 $13,391
2018 $275 $603 $878 $14,201
2016 $275 $603 $878 $11,701
2015 $275 $603 $878 $11,161
2014 $275 $603 $878 $10,588
2013 $303 $603 $906 $9,895
2011 $303 $603 $906 $9,202
2010 $581 $603 $1,184 $9,834
2009 $580 $603 $1,183 $8,238
2007 $558 $603 $1,161 $7,526

Property facts

Year built
1952
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
1,560 sqft
Lot size
7,500 sqft
ZIP code
11566
City
Merrick
Street
Gormley Ave
Coordinates
40.66937, -73.56089

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,304
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 1863 Gormley Ave last sell?
1863 Gormley Ave most recently sold on Jan 10, 2023 for $725,000.
What is the current tax assessment for 1863 Gormley Ave?
The most recent total assessment for 1863 Gormley Ave (year 2024) is $488 with $14,206 in property tax.
How does 1863 Gormley Ave's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $725,000.
When was 1863 Gormley Ave built?
1863 Gormley Ave was built in 1952.
How does 1863 Gormley Ave compare to others on Gormley Ave?
We track 8 other properties on Gormley Ave. Browse the list under "Other properties on Gormley Ave" to compare beds, baths, and sale history.
What are the property facts for 1863 Gormley Ave?
1863 Gormley Ave is a 4 bed, 2 bath, 1,560 sqft, 7,500 sqft lot single_family.
Is 1863 Gormley Ave a flip candidate?
No — 1863 Gormley Ave does not appear in our flips dataset.
Is 1863 Gormley Ave a tax-appeal candidate?
No — 1863 Gormley Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q2
$885.5K
2026 Q3
$892.8K
ZIP 11566 — Median Price History + Forecast

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