NOT LISTED FOR SALE

40 Kings Point Rd Great Neck, NY 11024

Estimated Value: $1,823,812 - $2,153,000

5 Beds
3.5 Baths
2,655 Sq Ft
$749/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,385,000 $522 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,093/month

104 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Finished Attic
  • John F Kennedy School Rated A
  • Wood Flooring
  • 5-minute walk to Kings Point Park

About This Home

As of January 2022

Welcome to this Newly Renovated colonial home in the prestigious Village of Kings Point, which consists of the LOWEST taxes in the town. 40 Kings Point Road consists of 3 floors, featuring 5 bedrooms & 3 1/2 bathrooms as well as a basement and cedar closet on the third floor. The detached garage can fit up to 2 cars or be transformed to a beautiful guest house. Minutes away from the waterfront Stepping Stone park, 40 Kings Point Road is located in a extremely sunny & pleasant area of the renowned village.

Last Agent to Sell the Property

Zakary Fouladi

Keller Williams Points North License #10401324044 Listed on: 07/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,884

Year Built

  • Built in 1928 | Remodeled in 2021

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

Parking

  • 6 Garage Spaces | 4 Attached and 2 Detached
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Insulated Concrete Forms
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Partially Finished Basement

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Attic

  • Full Attic
  • Walkup Attic
  • Finished Attic

Home Security

  • Home Security System
  • Smart Thermostat

Location

  • Property is near public transit

Schools

  • John F Kennedy Elementary School
  • Great Neck North Middle School
  • Great Neck North High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,884

Year Built

Built in 1928 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: New
  • Levels: Three Or More
  • Year Built: 1928
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-865-1800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • Interior Amenities: Smart Thermostat, Den/Family Room, Formal Dining Room, Entrance Foyer, Granite Counters, Guest Quarters, Home Office, Marble Bath, Master Bath, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Finished, Full, Walkup
  • Flooring: Hardwood
  • Door Features: Insulated Doors
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partially Finished
  • Inclusions: A/C Units, Dishwasher, Dryer, Fireplace Equip, Freezer, Light Fixtures, Refrigerator, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Kitchens: 1
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows

Exterior Features

  • Construction Materials: Frame, ICFs (Insulated Concrete Forms), Stucco
  • Flood Zone Date: 2021-07-26
  • Flood Zone Report: Yes
  • Exterior Features: Sprinkler Lawn System

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Attached, 4+ Car Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Heating Zones: 2
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: John F Kennedy School
  • Middle School: Great Neck North Middle School
  • High School: Great Neck North High School
  • Middle School: Great Neck North Middle School

Lot Info

  • Lot Size Acres: 0.3800
  • Lot Size Area: 0.3800
  • Lot Dimensions: 16400
  • Lot Size Sq Ft: 16400.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-01-14
  • Tax Annual Amount: 22884.00
  • Tax Other Annual Assessment Amount: 6503.00

MLS Schools

  • Elementary School: John F Kennedy School
  • High School: Great Neck North High School
  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jan 14, 2022
Sold by
Gn Ny Realty Llc
Bought by
Osbourne Marlon and Osbourne Tamara Moise
Seller's Agent
Zakary Fouladi
Keller Williams Points North
List Price
$1,785,000
Sold Price
$1,385,000
Premium/Discount to List
-$400,000
-22.41%
Current Estimated Value
$1,988,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,406
Avg. Annual Appreciation
10.51%
Original Mortgage
$765,000
Outstanding Balance
$349,400
Interest Rate
3.55%
Mortgage Type
Small Business Administration
Estimated Equity
$1,639,006

Purchase Details

Closed on
Jul 12, 2018
Sold by
Fouladi Farzin and Fouladi Bita
Bought by
Gn Realty Llc

Purchase Details

Closed on
Sep 21, 2016
Sold by
Hakimi Fred and Hakimi Silvio Kimberly
Bought by
Fouladi Farzin and Fouladi Farzin

Purchase Details

Closed on
Aug 15, 2005
Sold by
Rosenzweig Betty

Purchase Details

Closed on
Aug 19, 2004
Sold by
Rosenzweig Betty G
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
Osbourne Marlon $1,385,000 Fidelity National Title
Osbourne Marlon $1,385,000 Fidelity National Title
Osbourne Marlon $1,385,000 Fidelity National Title
Gn Realty Llc $400,000 Judicial Title
Gn Realty Llc $400,000 Judicial Title
Gn Realty Llc $400,000 Judicial Title
Fouladi Farzin -- Approved Title Agency Llc
Fouladi Farzin -- Approved Title Agency Llc
Fouladi Farzin -- Approved Title Agency Llc
-- $900,000 --
-- $900,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Marlon A $765,000
Closed Osbourne Marlon $895,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $1,385,000 -12.6% $522 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $1,585,000 -11.2% $597 / Sq Ft
07/22/2021 07/22/21 For Sale $1,785,000 -- $672 / 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 $3,107 $1,008 $675 $333
2024 $3,107 $1,112 $745 $367
2023 $15,838 $1,112 $745 $367
2022 $15,838 $1,112 $745 $367
2021 $15,523 $1,151 $737 $414
2020 $14,798 $1,540 $1,539 $1
2019 $13,273 $1,540 $1,539 $1
2018 $13,273 $1,540 $0 $0
2017 $9,936 $1,540 $1,539 $1
2016 $12,620 $1,540 $1,539 $1
2015 $2,646 $1,540 $1,539 $1
2014 $2,646 $1,540 $1,539 $1
2013 $2,525 $1,540 $1,539 $1
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3332008

OneKey® MLS

APN: 2217-01-135-00-0018-0