NOT LISTED FOR SALE

Estimated Value: $1,796,023

2 Beds
2.5 Baths
1,533 Sq Ft
$2,336/mo HOA Fee

Last Sold September 06, 2022

Last sale price $1,555,000 $1,014 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,416/month

45 Days on Market

Highlights

  • Doorman
  • Clubhouse
  • Cooling Available
  • Lakeville Elementary School Rated A+
  • 1 Fireplace
  • Laundry Room

About This Home

As of September 2022

This gorgeous Western facing penthouse residence at the Ritz Carlton features 2 bedroom, 2.5 bathroom an open floor plan, hardwood floors throughout, chef's kitchen with Sub-Zero and Wolf appliances, marble counter tops, and gas fireplace. Enjoy the sunset on your private balcony. Excluded chandelier. This unique residence includes numerous beautifully designed built-ins, programable shades, a Sonos sound system, a designated storage space and climate controlled indoor parking. Ritz-Carlton amenities include; 24 hour concierge and valet parking, grand clubhouse, theater, fitness center, game and billiards room, golf simulator, banquet rooms, indoor and outdoor pool, generator, Cadillac Escalade car service to LIRR - 20 miles from midtown. Enjoy these luxurious services within your private gated community.

Last Agent to Sell the Property

Gail Holman

Compass Greater NY LLC License #10301211037 Listed on: 06/21/2022

Compass Greater NY LLC

Last Buyer's Agent

Gail Holman

Compass Greater NY LLC License #10301211037

Compass Greater NY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,038

Year Built

  • Built in 2016

Lot Details

  • No Common Walls

HOA Fees

Parking

  • Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • No Attic
  • Instant Hot Water
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Great Neck South Middle School
  • Great Neck South High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 2229-08-A-00-0901-Uca027201313

Community Details

Overview

  • Association fees include ground maintenance, sewer, water
  • Mid-Rise Condominium
  • Ritz Carlton Subdivision
  • Ritz Carlton Community
  • 5-Story Property

Amenities

  • Doorman
  • Community Kitchen

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,038

Year Built

Built in 2016

Lot Details

0

HOA Fees

$2,336 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid Rise
  • Property SubType: Condominium
  • Property Condition: MINT
  • Levels: One
  • Subdivision Name: Ritz Carlton
  • Development Name: Ritz Carlton
  • Year Built: 2016
  • New Construction: No
  • Attribution Contact: 917-239-3508
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Private Laundry
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Stories: 5
  • Entry Level: 5
  • Spa Features: Community
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: On Demand
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Sewer, Water
  • Association Amenities: Doorman, Kitchen In Clubhouse
  • Association Fee: 692.31
  • Association #2: 1644.30
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Clubhouse, Trash Collection

Schools

  • Middle School: Great Neck South Middle School
  • High School: Great Neck South High School
  • Middle School: Great Neck South Middle School

Lot Info

  • Parcel Number: 2229-08-A-00-0901-Uca027201313
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call

Tax Info

  • Close Date: 2022-09-06
  • Included in Taxes: Sewer, Water
  • Tax Annual Amount: 11038.07
  • Tax Map Number: 2229-08-A-00-0901-Uca027201313

MLS Schools

  • High School: Great Neck South High School
  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 31, 2022
Sold by
Savocchi Mario and Savocchi Alison
Bought by
Golbari Group Inc
Seller's Agent
Gail Holman
Compass Greater NY LLC
Buyer's Agent
Gail Holman
Compass Greater NY LLC
List Price
$1,585,000
Sold Price
$1,555,000
Premium/Discount to List
-$30,000
-1.89%
Views
11
Current Estimated Value
$1,796,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,023
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,500,000
Outstanding Balance
$1,434,743
Interest Rate
5.22%
Mortgage Type
Commercial
Estimated Equity
$321,147

Purchase Details

Closed on
Apr 14, 2021
Sold by
Leddy Vincent and Leddy Cecilia
Bought by
Savocchi Mario and Savocchi Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2016
Sold by
Rxr North Hills Phase I Owner Llc
Bought by
Leddy Vincent and Reddy Cecilia
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
Golbari Group Inc $1,555,000 Amtrust Title Insurance Co
Golbari Group Inc $1,555,000 Amtrust Title Insurance Co
Savocchi Mario $1,525,000 None Available
Savocchi Mario $1,525,000 None Available
Leddy Vincent $1,480,900 First American Title Insuran
Leddy Vincent $1,480,900 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golbari Group Inc $1,500,000
Closed Golbari Group Inc $1,500,000
Previous Owner Savocchi Mario $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $1,555,000 -1.9% $1,014 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,585,000 -- $1,034 / 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 $2,947 $3,143 $622 $2,521
2024 $2,947 $3,824 $757 $3,067
2023 $12,516 $3,824 $757 $3,067
2022 $12,516 $3,824 $757 $3,067
2021 $11,759 $2,417 $757 $1,660
2020 $12,293 $2,084 $719 $1,365
2019 $4,589 $2,084 $719 $1,365
2018 $4,589 $776 $0 $0
2017 $3,643 $721 $721 $0
2016 $5,641 $721 $721 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3409891

OneKey® MLS

APN: 2229-08-A-00-0901-UCA027201313