NOT LISTED FOR SALE

5 Horizon Way Great Neck, NY 11024

Estimated Value: $15,518,872

5 Beds
8 Baths
10,744 Sq Ft
$1,444/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $10,400,000 $968 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $86,010/month

96 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Contemporary Architecture
  • John F Kennedy School Rated A
  • In Ground Pool
  • Main Floor Primary Bedroom

About This Home

As of November 2019

The Epitome Of Sophistication And Luxury,This Spectacular Private Waterfront Estate On Li's Gold Coast Boasts Breathtaking Panoramic Water Views, Mesmerizing Vistas Of The Manhattan Skyline And City Bridges, As Well As Glorious Sunsets. This Contemporary Architectural Masterpiece Offers Grand Scale Entertaining Both Indoors And Outdoors All Year Round With Over 2 Acres Of Lushly Landscaped Grounds With Specimen Trees And Includes A Private Dock And Indoor Pool And Spa. A Magnificent Property., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Ilene Parsont

S Sharf Realty Inc License #30PA0929991 Listed on: 05/02/2019

Last Buyer's Agent

Yvette Zubli

Magic Of Great Neck Realty Inc License #31ZU0406105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176,056

Year Built

  • Built in 1986

Lot Details

  • 2.01 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2 Fireplaces
  • Formal Dining Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 42 / 140
  • Assessor Parcel Number 2217-01-140-00-0042-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$176,056

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Fireplaces: 2
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Stone, Wood Siding
  • Waterfront Features: Beach Access, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 87547
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 2217-01-140-00-0042-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 176056
  • Tax Block: 140
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Nov 19, 2019
Sold by
Levy Trust
Bought by
5 Horizon Way Llc
Seller's Agent
Ilene Parsont
S Sharf Realty Inc
Buyer's Agent
Yvette Zubli
Magic Of Great Neck Realty Inc
List Price
$16,988,000
Sold Price
$10,400,000
Premium/Discount to List
-$6,588,000
-38.78%
Current Estimated Value
$15,518,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,118,872
Avg. Annual Appreciation
7.14%
Original Mortgage
$5,700,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2013
Sold by
Levy Stephen M and Levy Renee
Bought by
Levy Stephen M and Levy Renee

Purchase Details

Closed on
May 8, 1996
Sold by
Stephen M Levy Family Trust
Bought by
Levy Stephen and Levy Renee
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
5 Horizon Way Llc $10,400,000 Fidelity Title
Levy Stephen M -- --
Levy Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Horizon Way Llc $600,000
Closed 5 Horizon Way Llc $500,000
Closed 5 Horizon Way Llc $600,000
Previous Owner 5 Horizon Way Llc $5,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $10,400,000 -- --
11/19/2019 11/19/19 Sold $10,400,000 -38.8% $968 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $16,988,000 -- $1,581 / 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 $17,420 $7,361 $2,557 $4,804
2024 $17,420 $6,945 $2,122 $4,823
2023 $119,564 $8,367 $2,610 $5,757
2022 $119,564 $8,198 $2,557 $5,641
2021 $114,140 $10,022 $3,054 $6,968
2020 $155,106 $15,131 $7,193 $7,938
2019 $147,816 $17,150 $8,153 $8,997
2018 $147,816 $17,150 $0 $0
2017 $110,656 $17,150 $8,153 $8,997
2016 $140,544 $17,150 $8,153 $8,997
2015 $29,466 $17,150 $8,153 $8,997
2014 $29,466 $17,150 $8,153 $8,997
2013 $28,120 $17,150 $8,153 $8,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3124670

OneKey® MLS

APN: 2217-01-140-00-0042-0