NOT LISTED FOR SALE

16 Factory Pond Rd Locust Valley, NY 11560

Estimated Value: $1,836,000 - $2,458,546

5 Beds
4 Baths
4,755 Sq Ft
$452/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $2,045,000 $430 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,186/month

247 Days on Market

Highlights

  • Water Views
  • Water Access
  • 5 Acre Lot
  • Locust Valley High School Rated A
  • Home fronts a pond
  • Deck

About This Home

As of September 2024

Welcome to 16 Factory Pond Road in Lattingtown Village-an unparalleled waterfront residence nestled on 5 acres of extraordinary waterfront property. A rare gem on the serene North Shore, this luxuriously exclusive home is a sanctuary of beauty. As you approach the long drive, you'll be captivated by the enchanting surroundings and the promise of a lifestyle defined by elegance and North Shore nature. This waterfront haven features 5 bedrooms, 2 full baths, and 2 half baths, offering unlimited potential for your dream home. Step inside, and the sunlit rooms welcome you with warmth and grace. Vaulted ceilings and a spacious floor plan create an open and airy atmosphere, perfect for both intimate gatherings and grand entertaining. Granite floors in the formal rooms add a touch of sophistication, complemented by the stunning water views that provide a backdrop of natural beauty and wooded seclusion, ensuring privacy in this tranquil setting. The chef's kitchen showcases top of the line appliances and quality cabinetry for storage and daily cooking needs. The master suite is a masterpiece of design, featuring gorgeous high ceilings, two walk-in closets, gorgeous water views, and a master bath adorned with limestone floors and radiant heat-a true retreat within your home. Each detail has been meticulously crafted to create an environment of luxury and comfort.The full basement, with two walkouts, seamlessly blends indoor and outdoor living, inviting you to experience the enchantment of the pond. With an attached 3 car garage and ample land to enjoy, this home is perfect for all seasons. Whether you're entertaining guests or seeking a quiet escape, this space adds an extra layer of versatility to the property. In every corner of this residence, you'll find a harmonious blend of sophistication, natural beauty, and modern comfort. 16 Factory Pond Road is more than a home; it's a testament to a life well-lived, where every day is a celebration of the extraordinary. Don't miss the opportunity to make this waterfront retreat your own.

Last Agent to Sell the Property

Margaret Trautmann

Compass Greater NY LLC Brokerage Phone: 516-361-4646 License #30TR0791902 Listed on: 12/08/2023

Compass Greater NY LLC

Co-Listed By

Allison Byrne

Compass Greater NY LLC Brokerage Phone: 516-361-4646 License #10401321231

Last Buyer's Agent

Dee Dee Brix

Compass Greater NY LLC License #30BR0807789

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,736

Year Built

  • Built in 1984

Lot Details

  • 5 Acre Lot
  • Home fronts a pond
  • East Facing Home
  • Private Entrance
  • Private Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Smart Thermostat

Outdoor Features

  • Water Access
  • Balcony
  • Deck

Schools

  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 383 / J
  • Assessor Parcel Number 2411-29-J-00-0383-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,736

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Property Condition: MINT
  • Year Built: 1984
  • New Construction: No
  • Attribution Contact: 516-361-4646
  • Co List Office Mls Id: ONECMPA09
  • Co List Office Phone: 516-500-8271
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Smart Thermostat, Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Master Bath, Pantry, Powder Room, Storage, Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Cook Top,Dishwasher,Dryer,Freezer,Garage Door Opener,Garage Remote,Microwave,Refrigerator,Screens,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • AtticDescription: Unfinished
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: East
  • Construction Materials: Frame, Cedar, Shake Siding
  • Waterfront Features: Pond, Water Access, Waterfront
  • View: Open, Panoramic, Other, Water
  • Exterior Features: Balcony, Private Entrance
  • Patio and Porch Features: Deck
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Attached, 3 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 5
  • Lot Size Area: 5
  • Lot Dimensions: 5.0
  • Lot Size Sq Ft: 217800
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 2411-29-J-00-0383-0
  • Zoning Description: Residential
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-12-08

Rental Info

  • Lease Considered: No
  • Available Date: 2024-08-21

Tax Info

  • Tax Annual Amount: 36736.36
  • Tax Block: J
  • Tax Lot: 383
  • Tax Other Annual Assessment Amount: 1267.97
  • Tax Map Number: 2411-29-J-00-0383-0

MLS Schools

  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Sep 25, 2024
Sold by
Finn George A and Riccio Caroline
Bought by
Hoff Lori
Seller's Agent
Margaret Trautmann
Compass Greater NY LLC
Buyer's Agent
Dee Dee Brix
Compass Greater NY LLC
List Price
$2,749,000
Sold Price
$2,045,000
Premium/Discount to List
-$704,000
-25.61%
Views
302
Current Estimated Value
$2,147,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,273
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,533,750
Outstanding Balance
$1,520,830
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$626,443

Purchase Details

Closed on
Jun 9, 1997
Sold by
Baratto Robert
Bought by
Finn George and Riccio Caroline
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
Hoff Lori $2,045,000 Abstracts Incorporated
Hoff Lori $2,045,000 Abstracts Incorporated
Finn George $800,000 --
Finn George $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoff Lori $1,533,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $2,045,000 -10.9% $430 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $2,295,000 -8.2% $483 / Sq Ft
05/02/2024 05/02/24 Price Changed $2,499,000 -9.1% $526 / Sq Ft
04/20/2024 04/20/24 For Sale $2,749,000 +34.4% $578 / Sq Ft
04/19/2024 04/19/24 Off Market $2,045,000 -- --
03/18/2024 03/18/24 Price Changed $2,749,000 -8.2% $578 / Sq Ft
12/08/2023 12/08/23 For Sale $2,995,000 -- $630 / 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 $33,616 $1,476 $758 $718
2024 $9,720 $1,600 $822 $778
2023 $36,180 $1,710 $878 $832
2022 $36,180 $2,048 $1,052 $996
2021 $43,756 $1,970 $1,012 $958
2020 $42,172 $3,234 $3,233 $1
2019 $39,645 $3,234 $2,467 $767
2018 $36,477 $3,385 $0 $0
2017 $32,958 $4,513 $3,442 $1,071
2016 $46,208 $4,513 $2,787 $1,726
2015 $11,378 $4,513 $2,787 $1,726
2014 $11,378 $4,513 $2,787 $1,726
2013 $13,276 $5,573 $3,442 $2,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3520124

OneKey® MLS

APN: 2411-29-J-00-0383-0