NOT LISTED FOR SALE

10 Terrace Dr Unit 1A Great Neck, NY 11021

Estimated Value: $1,517,000 - $1,604,476

1 Bed
1 Bath
-- Sq Ft
$876/mo HOA Fee

Last Sold January 11, 2022

Last sale price $275,000

Est. 468% increase in value since last sale

Current estimated payment $10,766/month

33 Days on Market

Highlights

  • Basketball Court
  • In Ground Pool
  • Private Lot
  • Elizabeth M. Baker Elementary School Rated A+
  • Property is near public transit
  • Marble Countertops

About This Home

As of January 2022

ENJOY THE CITY LIFE WHILE LIVING IN A GARDEN-LIKE SUBURB WITH POOL ACROSS THE BUILDING! THIS UNIT COMES WITH DEEDED PARKING AND STORAGE! LOTS OF CLOSET SPACE AND FULLY RENOVATED 1 BEDROOM APT IN GREAT NECK TERRACE CIRC; 5 MIN WALK TO LIRR; 29 MINUTES TRAIN RIDE TO PENN STATION; 12 MIN TRAIN RIDE TO FLUSHING MAIN STREET; 5 MIN WALK TO GN LIBRARY LAKEVILLE BRANCH, GROCERY, GYM, LIBRARY,RESTAURANT ETC. OPTIONAL SCHOOL ZONE, GREAT NECK SOUTH OR NORTH SCHOOL DISTRICT. SCHOOL BUS PICK UP/DROP OFF INSIDE OF COMMUNITY; COMMUNITY OFFERS 24 HOURS SECURITY PATROL, SUMMER IN GROUND OLYMPIC SIZE SWIMMING POOL, KIDDIE POOL, DOG RUN, BASKETBALL COURT, PLAY GROUND, ONSITE SUPER/MANAGEMENT CREW.

Last Agent to Sell the Property

Min Kang

Prime Realty License #10401339856 Listed on: 08/16/2021

Prime Realty

Last Buyer's Agent

Min Kang

Prime Realty License #10401339856 Listed on: 08/16/2021

Prime Realty

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $20,461

Year Built

  • Built in 1949

Lot Details

  • No Common Walls
  • Cul-De-Sac
  • Private Lot

HOA Fees

  • $876 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Storage
  • Attic
  • Basement

Kitchen

  • Microwave
  • Marble Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 553 Parking Spaces
  • On-Street Parking
  • Open Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Basketball Court

Location

  • Property is near public transit

Schools

  • E M Baker Elementary School
  • Great Neck South Middle School
  • Great Neck South High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Municipal Trash

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, sewer, snow removal, trash, heat, hot water, pool care
  • Great Neck Terrace Subdivision, Great Neck Terrace Floorplan
  • Great Neck Terrace Community
  • Rental Restrictions

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$20,461

Year Built

Built in 1949

Lot Details

0

HOA Fees

$876 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Garden Apartment
  • Property SubType: Stock Cooperative
  • Levels: Three Or More
  • Subdivision Name: Great Neck Terrace
  • Development Name: Great Neck Terrace
  • Year Built: 1949
  • New Construction: No
  • Attribution Contact: 718-229-2922
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Marble Countertops, Storage
  • Living Area Units: Square Feet
  • Attic Description: Common
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Common
  • Inclusions: A/C Units, Basketball Hoop, Ceiling Fan, Microwave, Refrigerator
  • Entry Level: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Exterior Features: Basketball Court

Garage/Parking

  • Total Parking Spaces: 553.00
  • Attached Garage: No
  • Garage: No
  • Open Parking: Yes
  • Parking Description: Parking Lot, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, See Remarks
  • Hot Water: See Remarks
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Sewer, Snow Removal, Trash, Heat, Hot Water, Pool Care
  • Association #2: 875.57
  • Association #2 Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Pool, Park

Schools

  • Middle School: Great Neck South Middle School

Lot Info

  • Location Description: First Floor, Front
  • Lot Features: Near Public Transit, Cul-De-Sec, Private
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Dogs OK, Cats OK
  • Renting Allowed: No

Tax Info

  • Close Date: 2022-01-11
  • Included in Taxes: Sewer, Trash, Water

MLS Schools

  • Elementary School: E M Baker School, Saddle Rock School
  • High School: Great Neck South High School
  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2014
Sold by
Lavin Eileen K and Lavin Stanley
Bought by
Colleen Jenna
Current Estimated Value
$1,560,738
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colleen Jenna $695,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2022 01/11/22 Sold $275,000 +3.8% --
09/18/2021 09/18/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $265,000 -- --
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 $20,461 $1,051 $474 $577
2024 $5,639 $1,010 $456 $554
2023 $17,105 $1,114 $534 $580
2022 $17,105 $1,051 $474 $577
2021 $14,313 $1,086 $490 $596
2020 $13,858 $1,224 $1,151 $73
2019 $13,057 $1,224 $1,151 $73
2018 $12,247 $1,224 $0 $0
2017 $7,143 $1,224 $800 $424
2016 $11,103 $1,632 $1,067 $565
2015 $3,187 $1,760 $1,151 $609
2014 $3,187 $1,760 $1,151 $609
2013 $3,047 $1,760 $1,151 $609
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Min Kang

    Prime Realty

    (718) 229-2922

    3 in this area

    36 Total Sales

    Min Kang
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3338667

OneKey® MLS

APN: 2253-02-246-00-0116-0

New York Nassau County Great Neck 11021

10 Terrace Dr Unit 1A, Great Neck, NY

Not Listed for Sale

Coop

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