NOT LISTED FOR SALE

58 Piping Rock Rd Locust Valley, NY 11560

Estimated Value: $5,603,135

7 Beds
10 Baths
9,650 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $5,105,000 $529 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $31,507/month

84 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • 4.06 Acre Lot
  • Locust Valley High School Rated A
  • Estate
  • Property is near public transit

About This Home

As of March 2022

Stately Matinecock Country Estate, Linden Hill, designed by Bradley Delehanty and originally constructed in 1918. This seven bedroom elegant house offers a perfect blend of period architectural details including high ceilings, meticulously renovated with the finest quality workmanship, grandly proportioned rooms, and many amenities. Prime location close to the Hamlet of Locust Valley and set on 4 acres of verdant lawns, specimen trees, and lush landscaping. The property boasts fabulous outdoor spaces such as covered porches with sweeping views, bluestone patios surrounding a sparkling saltwater Gunite Pool, access to Coffin Woods nature preserve, and just absolute serenity. Located nearby both public and private schools. Linden Hill offers an idyllic country retreat lifestyle at its very best!

Last Agent to Sell the Property

Kathleen Dodd

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #10401262635 Listed on: 05/28/2021

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Alexis Mcandrew

Daniel Gale Sothebys Intl Rlty License #10401266660

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,856

Year Built

  • Built in 1918

Lot Details

  • 4.06 Acre Lot
  • Partially Fenced Property
  • Private Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Estate
  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Cedar

Interior Spaces

  • 9,650 Sq Ft Home
  • Wet Bar
  • 5 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Dryer
  • Home Gym
  • Panoramic Views
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Locust Valley Middle School
  • Locust Valley High School

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Chandelier(s),Curtains/Drapes,Selected Light Fixtures,Selected Window Treatment
  • Legal Lot and Block 633 / K

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,856

Year Built

Built in 1918

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Estate
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Exclusions: Chandelier(s),Curtains/Drapes,Selected Light Fixtures,Selected Window Treatment
  • Year Built: 1918
  • New Construction: No
  • Attribution Contact: 516-759-4800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Basement: Walk-Out Access
  • Inclusions: Alarm System,Dishwasher,Dryer,Generator,Pool Equipt/Cover,Shed,Wall Oven
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 9650
  • AtticDescription: Finished,Walkup
  • SquareFootage: 9650.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame, Cedar, Brick, Shingle Siding, Wood Siding
  • Fencing: Partial
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Panoramic
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 4.06
  • Lot Size Area: 4.06
  • Lot Dimensions: 176854
  • Lot Size Sq Ft: 176854
  • Lot Size Units: Acres
  • Lot Features: Wooded, Private
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2022-01-05

Tax Info

  • Tax Annual Amount: 59856
  • Tax Block: K
  • Tax Lot: 633
  • Tax Other Annual Assessment Amount: 7147

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
May 28, 2021
Closed on
Mar 1, 2022
Sold by
Budd Susan N
Bought by
Corl James Scott and Schulz Krista Kathleen
Seller's Agent
Kathleen Dodd
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Alexis Mcandrew
Daniel Gale Sothebys Intl Rlty
List Price
$5,750,000
Sold Price
$5,105,000
Premium/Discount to List
-$645,000
-11.22%
Current Estimated Value
$5,603,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,135
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Jul 16, 2003
Sold by
Budd J

Purchase Details

Closed on
May 21, 1997
Sold by
Mertz Edgar T and Mertz Patricia A
Bought by
Budd J Richard Susan N
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
Corl James Scott $5,105,000 First American Title
-- -- --
Budd J Richard Susan N $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Budd J Richard $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $5,105,000 -11.2% $529 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $5,750,000 -- $596 / 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 $12,430 $3,077 $854 $2,223
2024 $12,430 $3,077 $854 $2,223
2023 $50,700 $3,077 $854 $2,223
2022 $50,700 $3,983 $1,323 $2,660
2021 $65,963 $3,758 $1,323 $2,435
2020 $44,294 $3,910 $2,411 $1,499
2019 $11,018 $4,736 $2,190 $2,546
2018 $39,336 $5,206 $0 $0
2017 $52,018 $6,941 $2,552 $4,389
2016 $66,584 $7,380 $2,714 $4,666
2015 $15,415 $8,729 $3,210 $5,519
2014 $15,415 $8,729 $3,210 $5,519
2013 $14,489 $8,729 $3,210 $5,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3316757

OneKey® MLS

APN: 2421-23-K-00-0633-0