NOT LISTED FOR SALE

7 Wooleys Ln E Great Neck, NY 11021

Estimated Value: $1,685,000 - $2,525,000

7 Beds
4.5 Baths
3,182 Sq Ft
$692/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $2,028,000 $637 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,180/month

246 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Park
  • Elizabeth M. Baker Elementary School Rated A+
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Magnificent 2018 Colonial With South Exposure Built With Superb Craftsmanship And Architectural Design. Excellent Home For Entertaining & Family Living. 10 Ft Ceilings, Elegant Wood Floors, Chef's Eat-In-Kitchen With Top Of The Line Appliances, French Doors Leading To Private Backyard, Full Finished Basement, Energy Star Home. Award-Winning Great Neck School!

Last Agent to Sell the Property

Shirley Chow

NY Best Homes Realty License #10491209436 Listed on: 06/22/2021

Last Buyer's Agent

Suqin Chen

Edna Mashaal Realty LLC License #10401336564

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,829

Year Built

  • Built in 2018

Lot Details

  • 9,412 Sq Ft Lot
  • South Facing Home
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,182 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • No Attic
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • E M Baker Elementary School
  • Great Neck North Middle School
  • Great Neck North High School

Utilities

  • Forced Air Heating and Cooling System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 71 / 348

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,829

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Diamond
  • Year Built: 2018
  • New Construction: No
  • Attribution Contact: 516-466-1888
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 7
  • Living Area: 3182.00
  • Kitchens: 1
  • Square Footage: 3182.00

Exterior Features

  • Direction Faces: South
  • Construction Materials: Brick, Vinyl Siding
  • Flood Zone Date: 2021-06-23
  • Flood Zone Report: Yes
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: E M Baker 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: 0.2200
  • Lot Size Area: 0.2200
  • Lot Dimensions: 9412
  • Lot Size Sq Ft: 9412.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-12
  • Tax Annual Amount: 31829.00
  • Tax Block: 348
  • Tax Lot: 71
  • Tax Other Annual Assessment Amount: 4936.00

MLS Schools

  • Elementary School: E M Baker 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
Jun 22, 2021
Closed on
Jul 12, 2022
Sold by
Zhang Li and Wang Kexin
Bought by
Qi Tianyong and Li Kanying
Seller's Agent
Shirley Chow
NY Best Homes Realty
Buyer's Agent
Suqin Chen
Edna Mashaal Realty LLC
List Price
$2,380,000
Sold Price
$2,028,000
Premium/Discount to List
-$352,000
-14.79%
Current Estimated Value
$2,201,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,587
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,622,400
Outstanding Balance
$1,432,063
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$842,224

Purchase Details

Closed on
Jan 17, 2019
Sold by
7 Wooleys Lane East Llc
Bought by
Zhang Li and Wang Kexin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2017
Sold by
Samouhi Fariborz
Bought by
7 Wooley'S Lane East Llc
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
Qi Tianyong $2,028,000 Catic Title Insurance Co
Zhang Li $1,877,480 Complete Title Services
7 Wooley'S Lane East Llc -- Abstracts Incorporated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Tianyong $1,622,400
Previous Owner Zhang Li $935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $2,028,000 0.0% $637 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
12/16/2021 12/16/21 Off Market $2,028,000 -- --
11/19/2021 11/19/21 Price Changed $2,180,000 -4.4% $685 / Sq Ft
09/14/2021 09/14/21 Price Changed $2,280,000 -2.1% $717 / Sq Ft
08/03/2021 08/03/21 Price Changed $2,330,000 -2.1% $732 / Sq Ft
06/22/2021 06/22/21 For Sale $2,380,000 -- $748 / 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
2024 $6,637 $1,657 $537 $1,120
2023 $21,142 $1,691 $548 $1,143
2022 $21,142 $1,691 $548 $1,143
2021 $41,565 $1,673 $542 $1,131
2020 $13,413 $1,225 $1,225 $0
2019 $0 $1,225 $1,225 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3323942

OneKey® MLS

APN: 02-348-00-0071