NOT LISTED FOR SALE

2 Gail Terrace Glen Cove, NY 11542

Estimated Value: $1,569,848 - $1,770,000

5 Beds
3.5 Baths
-- Sq Ft
0.46 Acres

Last Sold June 02, 2020

Last sale price $950,000

Est. 77% increase in value since last sale

Current estimated payment $9,317/month

127 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Colonial Architecture
  • Beach Access
  • 0.46 Acre Lot
  • Wood Flooring

About This Home

As of June 2020

Sophistication & elegance's describes this mint colonial located in the prestigious Red Spring Manor area of Glen Cove. The home features a 2 story entry, formal living room & dining room, fabulous kitchen/family room, leading to a beautiful private yard w/ saltwater pool and outdoor kitchen. An impressive master bedroom w/spa like bath,3 add. bedrooms & bath plus, separate upstairs suit complete w/sitting area and private bath. This home is a true gem!!!!

Last Agent to Sell the Property

Karen Sharf

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-626-7600 License #10301208703 Listed on: 08/08/2019

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Elizabeth Markovic

Compass Greater NY LLC License #10301218696

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,125

Year Built

  • Built in 1999

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 214 x 147
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Skylights
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Patio
  • Porch

Schools

  • Robert M Finley Middle School
  • Glen Cove High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 541 / 51

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,125

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Year Built: 1999
  • New Construction: No
  • Attribution Contact: 516-626-7600
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining, Home Office
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Beach Access
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Robert M Finley Middle School

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 214 x 147
  • Lot Size Sq Ft: 20051
  • Lot Size Units: Acres
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2020-01-31

Tax Info

  • Tax Annual Amount: 23124.99
  • Tax Block: 51
  • Tax Lot: 541

MLS Schools

  • High School: Glen Cove High School
  • Middle School District: Glen Cove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Jun 2, 2020
Sold by
Marc A Pergament and William Ritter Est
Bought by
Maiolo Antonio and Maiolo Elisa
Seller's Agent
Karen Sharf
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Elizabeth Markovic
Compass Greater NY LLC
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Current Estimated Value
$1,681,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,712
Avg. Annual Appreciation
11.52%
Original Mortgage
$600,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Ritter Dorian
Bought by
Ritter Dorian and Ritter William J

Purchase Details

Closed on
Oct 17, 2016
Sold by
Ritter William J and Ritter Dorian
Bought by
Ritter Dorian

Purchase Details

Closed on
Dec 10, 1999
Sold by
G & J Enterprises Inc
Bought by
Ritter William J and Ritter Dorian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1998
Sold by
Sallitto Sara
Bought by
G 7 J Enterpries Inc
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
Maiolo Antonio $950,000 None Available
Maiolo Antonio $950,000 None Available
Ritter Dorian -- None Available
Ritter Dorian -- None Available
Ritter Dorian -- Philip Ohara Nassau Associat
Ritter Dorian -- Philip Ohara Nassau Associat
Ritter William J $512,500 --
Ritter William J $512,500 --
G 7 J Enterpries Inc $160,000 --
G 7 J Enterpries Inc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maiolo Antonio $600,000
Previous Owner Ritter William J $300,000
Previous Owner Ritter William J $332,500
Previous Owner Jones Steven M $240,000
Previous Owner Jones Steven M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $950,000 -4.9% --
12/13/2019 12/13/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $999,000 -- --
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 $1,837 $1,155 $458 $697
2024 $1,837 $1,185 $337 $848
2023 $6,793 $1,185 $337 $848
2022 $1,786 $1,185 $337 $848
2021 $20,686 $1,149 $327 $822
2020 $20,048 $2,053 $1,144 $909
2019 $6,163 $2,053 $1,144 $909
2018 $2,207 $2,053 $0 $0
2017 $2,207 $2,053 $1,144 $909
2016 $2,207 $2,053 $1,144 $909
2015 $2,220 $2,053 $1,144 $909
2014 $2,220 $2,053 $1,144 $909
2013 $2,107 $2,053 $1,144 $909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3154491

OneKey® MLS

APN: 0600-31-051-00-0541-0