masterkey logo
8 Park View Lane
Score
79
Lake Grove, NY

8 Park View Lane

750K
5 bd • 4 ba • sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

0:00
0:00 / 0:00

Property Overview

List Price
$749,990
+9%vs 11755
Price/Sq.Ft
$749,990
+201510%vs 11755

Price Analysis

How the list price compares to AI estimate

2.7% above

List Price

$749,990

$710k
$730k
AI Estimated Range
$749,990
-20% Below+20% Above

AI estimates this property's value between $710,000 - $730,000 based on comparable sales and condition (Confidence: 80%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$715,000

Lands near the middle of recent sale outcomes observed between $710,000 and $730,000.

How This Was Calculated

Reflects fair market value adjusted for renovations and DOM. Seller motivation is high, but the market remains competitive.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
79
82
Home Condition
75
Natural Light
88
Market Data
63
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Dated Stone Facade
Dated Stone Facade

Dated Stone Facade

The stone facade around the entrance appears somewhat dated and could benefit from updating.

Fencing Condition
Fencing Condition

Fencing Condition

The white picket fence in the background appears to need some repair or fresh paint.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Feb
2024
$0Cash Purchase
February 16, 2024
From:William J Budke, Dawn M Budke
To:Dawn M Budke
Deed
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$749,990
-30%List: $749,990+30%
20%
$149,998of $749,990
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $3,150/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$200,023
Closing Costs
+$50,025
Down Payment
$149,998
Buyer Agent Fee
$19,125
Loan Fees
$6,000
Title & Escrow
$4,500
Inspections
$900
Transfer Tax
$8,250
Prepaid Expenses
$11,250

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
272 days
vs 23 day average
This home has been listed for 272 days, while homes in this area typically sell in 23 days
Inventory Health
24
homes for sale
8 homes sold last month, indicating 3.0x more supply than demand
Price Dynamics
103.6%
of asking price
Homes typically sell for 3.6% above asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$680,000
Current median price
+16.9%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are down 1.4% over the last 3 months
3 Months
-1.4%
6 Months
+8.4%
1 Year
+16.9%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market decreasing 47.0% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$680,000
3 Months Ago
$456,575
+48.9%

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the pool thoroughly for cracks, leaks, and condition of the liner (if applicable) and surrounding decking.

Examine the basement for signs of water intrusion, including stains, efflorescence (white powdery deposits), and musty odors, especially after recent rain.

Educational Questions

Sample questions for educational purposes

Can you provide documentation of the pool's maintenance history, including any repairs or replacements of the liner, pump, or filter?

Have there been any past or present issues with water intrusion in the basement or around the foundation?

Given the age of the home, have any renovations been done to update the electrical panel and wiring?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results