NOT LISTED FOR SALE

70 Riggs Place Locust Valley, NY 11560

Estimated Value: $744,000 - $790,252

3 Beds
1.5 Baths
1,248 Sq Ft
$615/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $760,000 $609 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,609/month

9 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Locust Valley High School Rated A
  • Window Unit Cooling System

About This Home

As of May 2023

A rocking chair porch welcomes visitors to this 100 year old Villager complete with original hardwood floors, fireplace and walk up attic. Set on an oversized, private lot with large garage, this home and setting offers endless possibilities. Professional photos and floor plan coming soon.

Last Agent to Sell the Property

Ellen Hanes

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #10301209211 Listed on: 04/12/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Ellen Hanes

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #10301209211 Listed on: 04/12/2023

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,286

Year Built

  • Built in 1925

Lot Details

  • 9,922 Sq Ft Lot
  • Lot Dimensions are 78x124

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Ann Macarthur Primary Elementary School
  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 126 / 13
  • Assessor Parcel Number 2489-30-013-00-0126-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,286

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Two Story
  • Property SubType: Single Family Residence
  • Property Condition: Fair
  • Year Built: 1925
  • New Construction: No
  • Attribution Contact: 516-759-4800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1248
  • AtticDescription: Full,Walkup
  • SquareFootage: 1248.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 78x124
  • Lot Size Sq Ft: 9922
  • Lot Size Units: Acres
  • Parcel Number: 2489-30-013-00-0126-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-05-04

Tax Info

  • Tax Annual Amount: 10286.36
  • Tax Block: 13
  • Tax Lot: 126
  • Tax Map Number: 2489-30-013-00-0126-0
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Ann Macarthur Primary School
  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 10, 2023
Sold by
Caristo Michael A
Bought by
70 Riggs Place Llc
Seller's Agent
Ellen Hanes
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Ellen Hanes
Daniel Gale Sothebys Intl Rlty
List Price
$689,000
Sold Price
$760,000
Premium/Discount to List
$71,000
10.3%
Total Days on Market
9
Views
23
Current Estimated Value
$767,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,126
Avg. Annual Appreciation
0.45%
Original Mortgage
$500,000
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 12, 2023
Closed on
Mar 29, 2023
Sold by
Mollitor William B
Bought by
Caristo Michael A
Seller's Agent
Ellen Hanes
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Ellen Hanes
Daniel Gale Sothebys Intl Rlty
List Price
$689,000
Sold Price
$760,000
Premium/Discount to List
$71,000
10.3%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 13, 2015
Sold by
Mollitor Nicholas B and Mollitor William B
Bought by
Mollitor William B

Purchase Details

Closed on
Nov 19, 2004
Sold by
Mollitor Nicholas

Purchase Details

Closed on
May 27, 2003
Sold by
Kuett Margot
Bought by
Mollitor Nicholas
Source: Public Records

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Range of Values:

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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
70 Riggs Place Llc $760,000 Landstar Title
Caristo Michael A $500,000 Landstar Title
Mollitor William B -- Attorney
-- -- --
Mollitor Nicholas $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caristo Michael A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $760,000 +10.3% $609 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $689,000 -- $552 / 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 $3,641 $509 $318 $191
2023 $9,387 $535 $334 $201
2022 $9,387 $535 $334 $201
2021 $8,900 $514 $321 $193
2020 $8,074 $840 $839 $1
2019 $8,968 $840 $839 $1
2018 $8,377 $840 $0 $0
2017 $3,658 $840 $839 $1
2016 $6,492 $840 $774 $66
2015 $2,445 $840 $774 $66
2014 $2,445 $840 $774 $66
2013 $2,522 $945 $871 $74
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3470802

OneKey® MLS

APN: 2489-30-013-00-0126-0