NOT LISTED FOR SALE

Estimated Value: $5,588,561 - $6,384,000

6 Beds
6 Baths
8,098 Sq Ft
$739/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $3,800,000 $469 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $33,752/month

Highlights

  • Water Views
  • Docks
  • In Ground Pool
  • Theodore Roosevelt Elementary School Rated A
  • Beach Access
  • 145,273 Sq Ft lot

About This Home

As of August 2020

New Price. Breathtaking Western Water Views And Sunsets Plus 394' Of Sandy Beach. Elegance Abounds In This Custom Colonial With 12' Ceilings, Tall Arched Doorways And Stunning Mill Work. Every Room Captures Magical Views Of Ob Harbor. Incredible Details Include Curved Stairway, Maple Paneled Library, Floor-To-Ceiling Windows In Sunroom, 4 Fpls, Mahogany Doors, Chippendale-Style Railings On Balconies, Lighted Steps To Beach, Plus Htd Pool & Pool House.Floating Dock Allowed. Taxes Being Grieved. #virtualopenhouse https://danielgale.zoom.us/j/97408382267 05/03/2020 2:00 PM-2:30 PM, Additional information: Appearance:Mint++,Business Located At:,Rental Income:,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Kimberly Bancroft

Daniel Gale Sothebys Intl Rlty License #40BA1172046 Listed on: 05/13/2018

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Madeleine Ganis

Daniel Gale Sothebys Intl Rlty License #10301215169

Last Buyer's Agent

Kimberly Holland

Signature Premier Properties License #10301219808

Signature Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108,759

Year Built

  • Built in 2001

Lot Details

  • 3.34 Acre Lot
  • Front and Back Yard Sprinklers

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Docks
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Drilled Well
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 34 / C

Home Details

Home Type

Single Family

Est. Annual Taxes

$108,759

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 2001
  • Co List Office Mls Id: KEYGALE07
  • Co List Office Phone: 516-759-4800
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Formal Dining
  • Fireplaces: 4
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Bilco Door(s), Full, Partially Finished
  • Total Bedrooms: 6
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame
  • Waterfront Features: Beach Access, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water
  • Exterior Features: Dock
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Description: Detached, Driveway, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Security: Security System
  • Sewer: Cesspool
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Dimensions: 3.34
  • Lot Size Sq Ft: 145273
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 108758.63
  • Tax Block: C
  • Tax Lot: 34

MLS Schools

  • High School: Oyster Bay High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Aug 6, 2020
Sold by
Markowitz Richard and Markowitz Jocelyn
Bought by
Cavitolo Andrew and Cavitolo Tara
Seller's Agent
Kimberly Bancroft
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Kimberly Holland
Signature Premier Properties
List Price
$4,998,000
Sold Price
$3,800,000
Premium/Discount to List
-$1,198,000
-23.97%
Current Estimated Value
$5,986,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,186,281
Avg. Annual Appreciation
8.82%
Original Mortgage
$750,000
Outstanding Balance
$546,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$5,233,440

Purchase Details

Closed on
Mar 30, 1999
Sold by
Pitta John and Pitta Margaret
Bought by
Markowitz Richard and Markowitz Jocelyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cavitolo Andrew $3,800,000 Chicago Title Ins Co
Markowitz Richard $1,495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavitolo Andrew $750,000
Previous Owner Markowitz Jocelyn $3,500,000
Previous Owner Markowitz Richard $1,572,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $3,800,000 -- --
08/06/2020 08/06/20 Sold $3,800,000 -9.5% $469 / Sq Ft
05/01/2020 05/01/20 Price Changed $4,200,000 -5.6% $519 / Sq Ft
11/03/2019 11/03/19 Price Changed $4,450,000 -11.0% $550 / Sq Ft
07/22/2019 07/22/19 For Sale $4,998,000 +31.5% $617 / Sq Ft
07/18/2019 07/18/19 Off Market $3,800,000 -- --
03/06/2019 03/06/19 Price Changed $4,998,000 -15.2% $617 / Sq Ft
09/17/2018 09/17/18 Price Changed $5,895,000 -9.2% $728 / Sq Ft
05/13/2018 05/13/18 For Sale $6,495,000 -- $802 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
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 $7,136 $3,318 $1,916 $1,402
2024 $7,136 $3,440 $1,987 $1,453
2023 $39,190 $3,510 $2,061 $1,449
2022 $39,190 $4,485 $2,633 $1,852
2021 $48,683 $7,040 $2,633 $4,407
2020 $95,080 $9,416 $5,148 $4,268
2019 $16,324 $9,416 $5,148 $4,268
2018 $63,255 $9,416 $0 $0
2017 $57,781 $9,416 $5,148 $4,268
2016 $73,304 $9,416 $5,148 $4,268
2015 $13,122 $9,416 $5,148 $4,268
2014 $13,122 $9,416 $5,148 $4,268
2013 $12,305 $9,416 $5,148 $4,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3029657

OneKey® MLS

APN: 2405-28-C-00-0034-0