NOT LISTED FOR SALE

1 Locust Cove Ln Great Neck, NY 11024

Estimated Value: $4,217,000 - $5,699,767

6 Beds
8 Baths
6,480 Sq Ft
$765/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $2,525,000 $390 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $26,489/month

67 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • 3 Fireplaces
  • John F Kennedy School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of May 2019

Kings Point. Sprawling Ranch On 1 Acre. Outstanding Entertainment Spaces Inside And Out. 10 Rooms, 6 Bedrooms, 6 Full Baths And 2 Half Baths, Outdoor Pool And Indoor Lap Pool. A Must See.....

Last Agent to Sell the Property

Shawn Rogol

Compass Greater NY LLC License #10401266343 Listed on: 01/14/2019

Compass Greater NY LLC

Co-Listed By

Mollie Grossman

Douglas Elliman Real Estate License #30GR0563832

Last Buyer's Agent

Shawn Rogol

Compass Greater NY LLC License #10401266343 Listed on: 01/14/2019

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,794

Year Built

  • Built in 1979

Lot Details

  • 0.92

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Skylights
  • 3 Fireplaces
  • Formal Dining Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • In Ground Pool
  • 0.92 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 28 / 140

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,794

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1979
  • Co List Office Mls Id: KEYDERE57
  • Co List Office Phone: 516-621-3555
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Fireplaces: 3
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Electric, Hot Water
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: .92 Acre
  • Lot Size Sq Ft: 40088
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 50794
  • Tax Block: 140
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 8, 2019
Sold by
Damast Arthur S and Damast Nina E
Bought by
Gorjian Cobby and Zar Rachel
Seller's Agent
Shawn Rogol
Compass Greater NY LLC
Buyer's Agent
Shawn Rogol
Compass Greater NY LLC
List Price
$3,200,000
Sold Price
$2,525,000
Premium/Discount to List
-$675,000
-21.09%
Current Estimated Value
$4,744,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,219,576
Avg. Annual Appreciation
11.78%
Original Mortgage
$1,767,500
Outstanding Balance
$1,503,193
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$3,562,336
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gorjian Cobby $2,525,000 First American Title
Gorjian Cobby $2,525,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorjian Cobby $1,767,500
Closed Gorjian Cobby $1,767,500
Previous Owner Damast Nina E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $2,525,000 -- --
06/23/2019 06/23/19 Off Market $2,525,000 -- --
05/08/2019 05/08/19 Sold $2,525,000 -15.8% $390 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $2,998,000 -6.3% $463 / Sq Ft
01/14/2019 01/14/19 For Sale $3,200,000 -- $494 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,424 $2,789 $1,343 $1,446
2024 $3,424 $2,244 $1,244 $1,000
2023 $15,486 $1,267 $1,210 $57
2022 $15,486 $2,800 $1,511 $1,289
2021 $39,290 $2,525 $1,005 $1,520
2020 $36,839 $4,793 $2,973 $1,820
2019 $40,540 $4,793 $2,801 $1,992
2018 $40,540 $4,793 $0 $0
2017 $32,074 $5,088 $2,824 $2,264
2016 $40,941 $5,088 $2,683 $2,405
2015 $9,202 $5,356 $2,413 $2,943
2014 $9,202 $5,356 $2,413 $2,943
2013 $9,244 $5,638 $2,540 $3,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3092973

OneKey® MLS

APN: 2217-01-140-00-0028-0