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315 Marcellus Road, Mineola Tucked within the sought-after Mineola Lawns/Seville Estates section and located in the Jackson Avenue Elementary School district, this classic 1929 side-hall Colonial offers a seamless blend of timeless character and thoughtful updates. The home welcomes you with warm parquet and hardwood floors, a sunlit living room featuring a bay window and wood-burning fireplace, and a well-proportioned formal dining room designed for effortless entertaining. The eat-in kitchen is appointed with stainless steel appliances (2023–2024) including a GAS STOVE- The Eat-in Kitchen opens to a screened-in porch with ceiling fan, creating an easy transition to indoor-outdoor living. A fully enclosed four-season sunroom (CO’d 2008) adds valuable, flexible living space year-round. Upstairs, three generously sized bedrooms and a full bath are complemented by a finished walk-up attic—ideal for a home office, guest space, or additional retreat. The basement provides utilities, laundry, and added functionality. The exterior is equally inviting, featuring a bluestone patio, side deck, and fully fenced grounds, along with a detached one-car garage. Notable improvements include a Roth above-ground oil tank (2024), burner (2016), hot water heater (2021), whole-house water filtration system (2025), updated windows, and an architectural roof. Taxes are currently being grieved with an anticipated 15% reduction off an already low tax structure (13, 220. 56 including village taxes!), offering a meaningful financial advantage to the next owner. A home that strikes a rare balance of classic charm, practical updates, and everyday comfort in a prime Mineola location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $679,200 | $679,200 | $679,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,102 | $1,102 | $1,102 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,751 | $4,072 | $5,640 |
| Total Monthly Payment | $4,945 | $5,266 | $6,834 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.