NOT LISTED FOR SALE

317 Mill Hill Rd Mill Neck, NY 11765

Estimated Value: $10,103,443

7 Beds
13 Baths
20,000 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 19, 2022

Last sale price $12,000,000 $600 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $55,499/month

214 Days on Market

Highlights

  • In Ground Pool
  • Cottage Room
  • Estate
  • Theodore Roosevelt Elementary School Rated A
  • Panoramic View
  • 17.5 Acre Lot

About This Home

As of November 2022

Nestled on top of a quiet hill in the heart of Mill Neck, NY - this newly built French Country estate was designed by Michael Jay Wallin and constructed by Qualico Contracting Corporation. On over 17 pristine acres, this unprecedented residence is filled with natural light, has tall ceilings, custom millwork, antique wood beams and ornate limestone fireplace mantels. The gated grounds feature a saltwater pool and cabana, boxwood gardens, oversized slate patios, a walking trail and a nostalgic courtyard parking-lot. The property also features a separate 2-bedroom guest home with approved expansion plans.

Last Agent to Sell the Property

Jason Friedman

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #10401223998 Listed on: 03/18/2022

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Sarah Friedman

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #40FR0973610

Last Buyer's Agent

Robert D'Angelo

DPR Realty License #10311207877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $164,696

Year Built

  • Built in 2011

Lot Details

  • 17.5 Acre Lot
  • Private Entrance
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Carport

Home Design

  • Estate
  • Brick Exterior Construction
  • Advanced Framing
  • Stone Siding

Interior Spaces

  • 20,000 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • 8 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Home Gym
  • Wood Flooring
  • Panoramic Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Marble Countertops
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Cottage Room

Schools

  • Theodore Roosevelt Elementary School
  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 9 + 116 / T

Home Details

Home Type

Single Family

Est. Annual Taxes

$164,696

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Estate
  • Property SubType: Single Family Residence
  • Year Built: 2011
  • New Construction: No
  • Attribution Contact: 516-466-4036
  • Co List Office Mls Id: ONEGALE31
  • Co List Office Phone: 516-466-4036
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Washer, Wine Cooler
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Elevator, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Guest Quarters, Home Office, Marble Bath, Marble Counters, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 8
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 9
  • Half Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Central Vacuum,Dishwasher,Dryer,Freezer,Front Gate,Garage Door Opener,Generator,Mailbox,Microwave,Video Cameras,Washer,Wine Cooler
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 20000
  • AtticDescription: Full,Walkup
  • SquareFootage: 20000.00
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Cottage
  • Construction Materials: Advanced Framing Technique, Brick, Stone
  • Fencing: Back Yard
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Panoramic
  • Exterior Features: Balcony, Private Entrance, Sprinkler System
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Geothermal
  • Security: Security System
  • Sewer: Cesspool
  • Water Source: Well
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 6
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Size Acres: 17.5
  • Lot Size Area: 17.5
  • Lot Dimensions: 17.5
  • Lot Size Sq Ft: 762300
  • Lot Size Units: Acres
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2022-03-22

Rental Info

  • Lease Considered: No
  • Available Date: 2022-11-19

Tax Info

  • Tax Annual Amount: 164696.42
  • Tax Block: T
  • Tax Lot: 9 + 116
  • Tax Other Annual Assessment Amount: 30607.42

MLS Schools

  • Elementary School: Theodore Roosevelt School
  • High School: Oyster Bay High School
  • Middle School District: Oyster Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Nov 18, 2022
Sold by
Yaraghi Majid
Bought by
Kmc Mill Hill Llc
Seller's Agent
Jason Friedman
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Robert D'Angelo
DPR Realty
List Price
$16,900,000
Sold Price
$12,000,000
Premium/Discount to List
-$4,900,000
-28.99%
Views
59
Current Estimated Value
$10,103,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,896,557
Avg. Annual Appreciation
-25.98%

Purchase Details

Closed on
Dec 16, 2008
Sold by
High Point Assoc
Bought by
Yaraghi Majid
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
Kmc Mill Hill Llc $12,000,000 Old Republic Natl Ttl Ins Co
Yaraghi Majid $4,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yaraghi Majid $859,367
Previous Owner Yaraghi Majid $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2022 11/19/22 Sold $12,000,000 -24.5% $600 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $15,900,000 -5.9% $795 / Sq Ft
03/18/2022 03/18/22 For Sale $16,900,000 -- $845 / 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 $20,031 $8,754 $2,166 $6,588
2024 $20,031 $8,586 $2,166 $6,420
2023 $116,912 $8,100 $2,004 $6,096
2022 $116,912 $8,754 $2,166 $6,588
2021 $134,508 $9,303 $2,291 $7,012
2020 $123,227 $13,650 $4,237 $9,413
2019 $30,847 $17,793 $7,716 $10,077
2018 $119,531 $16,786 $0 $0
2017 $151,926 $24,758 $7,716 $17,042
2016 $192,743 $24,758 $7,716 $17,042
2015 $34,503 $24,758 $7,716 $17,042
2014 $34,503 $24,758 $7,716 $17,042
2013 $21,938 $16,787 $7,716 $9,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3384386

OneKey® MLS

APN: 2425-29-T-00-0009-0