NOT LISTED FOR SALE

10 Cove Ln Great Neck, NY 11024

Estimated Value: $6,567,794

4 Beds
6 Baths
3,852 Sq Ft
$1,705/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $5,600,000 $1,454 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $36,713/month

55 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Deck
  • John F Kennedy School Rated A
  • Waterfront
  • Ranch Style House

About This Home

As of December 2019

1.25 Waterfront Acre Retreat! This Gorgeous Modern Ranch is located in prestigious Village of Kings Point. An entertainer's Dream with Panoramic West Side water views of the Manhattan Skyline & City Bridges. An Oasis built by renowned architect. Spectacular sunsets, luscious green lawns and specimen plantings. This Gem features a Master Suite, 3 Additional Bedrooms, 4 Full Baths and 2 Half Baths, Lovely Eat-in-Kitchen, Spacious Living room with fireplace, Full Generator, Pool & so much more

Last Agent to Sell the Property

Irene Sarraf

Daniel Gale Sothebys Intl Rlty License #30SA0640459 Listed on: 06/18/2019

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Irene Sarraf

Daniel Gale Sothebys Intl Rlty License #30SA0640459 Listed on: 06/18/2019

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,413

Year Built

  • Built in 1946

Lot Details

  • 1.26 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Sprinkler System

Parking

  • Private Parking

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • 4 Fireplaces
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • ADA Compliant

Outdoor Features

  • In Ground Pool
  • Docks
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 416 / 132

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,413

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Property Condition: Good
  • Accessibility Features: ADA Access
  • Year Built: 1946
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: See Remarks
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Partial
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Kitchens: 1

Exterior Features

  • Construction Materials: Stone
  • Flood Zone Report: No
  • Waterfront Features: Waterfront
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler Lawn System, Dock
  • Patio and Porch Features: Deck
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Separate Hotwater Heater Detail: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 7

Lot Info

  • Lot Size Acres: 1.2600
  • Lot Size Area: 1.2600
  • Lot Dimensions: 1.257 Acre
  • Lot Size Sq Ft: 54755.00
  • Lot Features: Cul-De-Sec
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2019-12-02
  • Tax Annual Amount: 60412.63
  • Tax Block: 132
  • Tax Lot: 416

MLS Schools

  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Nov 26, 2019
Sold by
Albstein Andrew
Bought by
Kalimi Lisa and Kalimi Robert
Seller's Agent
Irene Sarraf
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Irene Sarraf
Daniel Gale Sothebys Intl Rlty
List Price
$7,500,000
Sold Price
$5,600,000
Premium/Discount to List
-$1,900,000
-25.33%
Current Estimated Value
$6,567,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$967,794
Avg. Annual Appreciation
2.82%
Original Mortgage
$4,200,000
Outstanding Balance
$3,718,007
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,849,787

Purchase Details

Closed on
May 23, 2016
Sold by
Zigelbaum Leonard
Bought by
Albstein Andrew and Leonard Zigelbaum Qprt

Purchase Details

Closed on
May 20, 2016
Sold by
Zigelbaum Leonard and Marcia Zigelbaum Revocable Tru
Bought by
Zigelbaum Leonard

Purchase Details

Closed on
May 19, 2016
Sold by
Zigelbaum Leonard and Estate Of Marcia Zigelbaum
Bought by
Zigelbaum Leonard and Marcia Zigabaum Revocable Trus
Source: Public Records

Range of Values:

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Average Value
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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
Kalimi Lisa $5,600,000 None Available
Albstein Andrew -- First American Title Insuran
Zigelbaum Leonard -- First American Title Insuran
Zigelbaum Leonard -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalimi Lisa $4,200,000
Previous Owner Zigelbaum Marcia $781,421
Previous Owner Zigelbaum Marcia $544,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $5,600,000 -25.3% $1,454 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $7,500,000 +33.9% $1,947 / Sq Ft
07/18/2019 07/18/19 Off Market $5,600,000 -- --
06/18/2019 06/18/19 For Sale $7,500,000 -- $1,947 / 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 $11,957 $4,501 $3,106 $1,395
2024 $11,957 $4,603 $2,415 $2,188
2023 $63,636 $4,603 $2,415 $2,188
2022 $63,636 $4,603 $2,415 $2,188
2021 $61,054 $4,527 $2,415 $2,112
2020 $57,480 $5,100 $5,099 $1
2019 $42,750 $5,100 $5,099 $1
2018 $42,750 $4,960 $0 $0
2017 $32,907 $5,100 $4,950 $150
2016 $41,794 $6,317 $5,410 $907
2015 $12,372 $7,201 $5,606 $1,595
2014 $12,372 $7,201 $5,606 $1,595
2013 $13,381 $8,161 $6,354 $1,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3139433

OneKey® MLS

APN: 2217-01-132-00-0416-0