NOT LISTED FOR SALE

31 Chestnut Hill Dr Oyster Bay, NY 11771

Estimated Value: $2,745,000 - $4,479,302

5 Beds
5.5 Baths
7,373 Sq Ft
$492/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $2,500,000 $339 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $19,883/month

86 Days on Market

Highlights

  • Sauna
  • 5 Acre Lot
  • Private Lot
  • Locust Valley High School Rated A
  • Contemporary Architecture
  • Partially Wooded Lot

About This Home

As of July 2023

Private Gated Upper Brookville Estate Situated on 5+ Acres of Secluded Picturesque Landscape. Located at the End of One of the Most Prestigious Cul de Sac Locations on the Gold Coast. Soaring Ceilings, Walls of Glass, Sparkling Heated Gunite Pool and Spectacular 1100sf Guest Cottage. Truly the Epitome of Luxury Living. Offering A Dramatic Open Floor Plan, With Spectacular Views Through The Abundant Walls Of Glass. Spacious 1st floor Master Suite with Large Loft/Gym and Sauna. The beautiful & Tranquil Gunite Pool truly make this a Perfect family Haven.

Last Agent to Sell the Property

Patricia Santella

Douglas Elliman Real Estate License #10301208806 Listed on: 03/21/2023

Douglas Elliman Real Estate

Co-Listed By

John Martin

Douglas Elliman Real Estate License #30MA0720589

Last Buyer's Agent

Leon Goldfeld

YOREEVO LLC License #10301217679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,763

Year Built

  • Built in 1989

Lot Details

  • 5 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Entrance Foyer
  • Den
  • Sauna
  • Eat-In Kitchen
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Schools

  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 1046 / E
  • Assessor Parcel Number 2427-24-E-00-1046-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,763

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1989
  • New Construction: No
  • Co List Office Mls Id: ONEDERE53
  • Co List Office Phone: 516-759-0400
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Entrance Foyer, Master Bath, Sauna, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • AtticDescription: None
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Attached, 4+ Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

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
  • Lot Size Sq Ft: 217800
  • Lot Size Units: Acres
  • Lot Features: Level, Part Wooded, Cul-De-Sec, Private
  • Parcel Number: 2427-24-E-00-1046-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 53763
  • Tax Block: E
  • Tax Lot: 1046
  • Tax Other Annual Assessment Amount: 5995
  • Tax Map Number: 2427-24-E-00-1046-0
  • IncludedInTaxes: Trash

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
Mar 21, 2023
Closed on
Jul 5, 2023
Sold by
Finkelstein Harvey and Finkelstein Renee
Bought by
Well Mind Centers Inc
Seller's Agent
Patricia Santella
Douglas Elliman Real Estate
Buyer's Agent
Leon Goldfeld
YOREEVO LLC
List Price
$3,499,000
Sold Price
$2,500,000
Premium/Discount to List
-$999,000
-28.55%
Views
85
Current Estimated Value
$3,624,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,326
Avg. Annual Appreciation
15.89%
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
Well Mind Centers Inc $2,500,000 Abstracts Incorporated
Well Mind Centers Inc $2,500,000 Abstracts Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Well Mind Centers Inc $550,000
Previous Owner Finkelstein Harvey $50,000
Previous Owner Finkelstein Harvey $500,000
Previous Owner Finkelstein Harvey $714,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $2,500,000 -28.6% $339 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $3,499,000 -- $475 / 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 $6,880 $2,473 $1,306 $1,167
2024 $6,880 $2,473 $1,306 $1,167
2023 $46,869 $2,621 $1,384 $1,237
2022 $46,869 $2,621 $1,384 $1,237
2021 $47,221 $3,136 $1,384 $1,752
2020 $61,967 $5,925 $3,380 $2,545
2019 $60,699 $5,925 $2,945 $2,980
2018 $56,912 $6,800 $0 $0
2017 $48,082 $6,800 $3,380 $3,420
2016 $59,453 $6,800 $3,380 $3,420
2015 $9,636 $6,800 $3,240 $3,560
2014 $9,636 $6,800 $3,240 $3,560
2013 $9,040 $6,800 $3,240 $3,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3465854

OneKey® MLS

APN: 2427-24-E-00-1046-0