NOT LISTED FOR SALE

16 Sunset Rd Great Neck, NY 11024

Estimated Value: $6,750,952

5 Beds
5 Baths
5,598 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $7,600,000 $1,358 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $38,444/month

4 Days on Market

Highlights

  • Bridge View
  • Waterfront
  • Private Lot
  • John F Kennedy School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of March 2024

Spectacular Waterfront With Views Of NYC Skyline. This Colonial Home With Old World Charm Is Nestled On Over An Acre Property In Prestigious West Side Kings Point. With Park Like Grounds ,Pool, Gazebo,3 Car Garage And More.

Last Agent to Sell the Property

Nazila Ben Yehuda

Edna Mashaal Realty LLC Brokerage Phone: 516-504-8884 License #10401201612 Listed on: 03/10/2024

Last Buyer's Agent

Nazila Ben Yehuda

Edna Mashaal Realty LLC Brokerage Phone: 516-504-8884 License #10401201612 Listed on: 03/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,431

Year Built

  • Built in 1848

Lot Details

  • 1.1 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2 Fireplaces
  • Bridge Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Great Neck North Middle School
  • Great Neck North High School

Utilities

  • Central Air
  • Baseboard Heating
  • Cesspool

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 2217-01-200-00-0006-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,431

Year Built

Built in 1848

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1848
  • New Construction: No
  • Attribution Contact: 516-504-8884
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • AtticDescription: Partial
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Waterfront
  • View: Bridge(s)
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Detached, 3 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Great Neck North Middle School

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Dimensions: 1.0999
  • Lot Size Sq Ft: 47912
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec, Private
  • Parcel Number: 2217-01-200-00-0006-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 85431.1
  • Tax Map Number: 2217-01-200-00-0006-0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Mar 6, 2024
Sold by
Abrams Martin and Abrams Carol
Bought by
Kpw Property Llc
Seller's Agent
Nazila Ben Yehuda
Edna Mashaal Realty LLC
Buyer's Agent
Nazila Ben Yehuda
Edna Mashaal Realty LLC
List Price
$8,800,000
Sold Price
$7,600,000
Premium/Discount to List
-$1,200,000
-13.64%
Views
22
Current Estimated Value
$6,750,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$849,048
Avg. Annual Appreciation
-8.65%
Original Mortgage
$1,332,243
Outstanding Balance
$1,313,966
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$5,436,986

Purchase Details

Closed on
Jul 18, 2012
Sold by
Abrams Martin B and Abrams Carol
Bought by
Abrams Martin and Abrams Carol
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kpw Property Llc $7,600,000 First American Title Ins Co
Kpw Property Llc $7,600,000 First American Title Ins Co
Abrams Martin -- --
Abrams Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kpw Property Llc $1,332,243
Closed Kpw Property Llc $1,332,243
Previous Owner Abrams Martin $640,000
Previous Owner Abrams Martin B $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $7,600,000 0.0% $1,358 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/11/2024 03/11/24 Off Market $7,600,000 -- --
03/10/2024 03/10/24 For Sale $8,800,000 -- $1,572 / 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 $12,629 $4,942 $1,116 $3,826
2024 $12,629 $4,862 $1,098 $3,764
2023 $77,675 $5,455 $2,259 $3,196
2022 $77,675 $5,147 $1,162 $3,985
2021 $70,081 $5,147 $2,259 $2,888
2020 $68,989 $6,300 $6,299 $1
2019 $60,538 $6,750 $6,687 $63
2018 $60,774 $7,200 $0 $0
2017 $49,360 $7,650 $5,680 $1,970
2016 $62,692 $8,100 $6,014 $2,086
2015 $16,506 $9,607 $7,133 $2,474
2014 $16,506 $9,607 $7,133 $2,474
2013 $15,752 $9,607 $7,133 $2,474
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3536767

OneKey® MLS

APN: 2217-01-200-00-0006-0