NOT LISTED FOR SALE

8 Lake Rd Great Neck, NY 11020

Estimated Value: $2,579,000 - $3,716,406

7 Beds
6 Baths
7,085 Sq Ft
$444/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $2,780,000 $392 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,333/month

96 Days on Market

Highlights

  • Sauna
  • Lake View
  • Contemporary Architecture
  • Lakeville Elementary School Rated A+
  • 1.2 Acre Lot
  • Private Lot

About This Home

As of March 2024

A luxurious contemporary home located in the prime location of Lake Success, built in 2002, situated on a gorgeously manicured 1.2-acre lot, offering a serene and picturesque lake views. This elegant 2-level home offers open concept living spaces with lots of natural light. Upon entering the house there is a grand foyer with impressive 24 feet high ceilings. An additional loft space that can be used as a meditation space. The home features 7 bedrooms and 4 full baths, equipped with shower, steam baths and Jacuzzi tubs plus 2 guest powder rooms. There are 2 gas fireplaces and 1 wood-burning fireplace that provide both warmth and ambiance. There is a 5-zone Central AC and Radiant heated floors throughout, ensuring warmth and comfort on every level. For additional comfort and circulation there are 5 ceiling fans throughout the home. Solar panels have been installed to contribute to energy efficiency and sustainability.?Large attached two-car garage includes extra storage space. Unique feature of two separate driveways that lead to each of the separate levels. Upper level: Master ensuite with breathtaking lake views and features two spacious walk-in closets. The grand room in the upper level, adorned with a recessed ceiling, offers an expansive space for versatile uses. Large open concept eat in Kitchen with high end appliances and a conveniently placed formal dining room right off of it. There are 4 additional bedrooms, 3 full bathroom, and 1 powder room. Lower level: Living Room and another formal Dining Room which are perfect for hosting friends and family. Additionally, there is a wet bar that is used as a serving area for beverages and snacks. Both sauna and steam room are available for ultimate relaxation. There are two additional bedroom, 2 full bath, and 1 powder room. Residents of Lake Success enjoy an exclusive country club lifestyle with private police, an 18-hole golf course, club room, gym, tennis courts, pickleball courts, Olympic pool, kiddy pool, and six-day private garbage pick-up. Lakeville Elementary and Great Neck South Middle & High Schools. Convenient location with easy access to Long Island Expressway and Northern State Parkway.

Last Agent to Sell the Property

Jennifer Lo

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #10301203826 Listed on: 10/27/2023

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Charlene Shyu

AAA Young Shuen Realty Inc Brokerage Phone: 516-466-4036 License #40SH1173540

Last Buyer's Agent

Chen Yong Wang Yu

Winzone Realty Inc License #10401200372

Winzone Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,268

Year Built

  • Built in 2002

Lot Details

  • 1.2 Acre Lot
  • North Facing Home
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Sauna
  • Home Gym
  • Wood Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lakeville Elementary School
  • Great Neck South Middle School
  • Great Neck South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 16 / 343
  • Assessor Parcel Number 2219-02-343-00-0016-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,268

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Property Condition: Diamond
  • Levels: Two
  • Year Built: 2002
  • New Construction: No
  • Attribution Contact: 516-466-4036
  • Co List Office Mls Id: ONESHUE01
  • Co List Office Phone: 718-461-9494
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Home Office, Master Bath, Pantry, Powder Room, Sauna, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: None
  • Inclusions: A/C Units,Alarm System,Basketball Hoop,Ceiling Fan,Cook Top,Dishwasher,Dryer,Freezer,Garage Door Opener,Refrigerator,Screens,Shades/Blinds,Solar Panels Owned,Storm Windows,Wall Oven,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • AtticDescription: Unfinished
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: North
  • Construction Materials: Brick, Stucco
  • View: Other, Lake, Water
  • Exterior Features: Balcony, Sprinkler System
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Great Neck South Middle School

Lot Info

  • Lot Size Acres: 1.2
  • Lot Size Area: 1.2
  • Lot Dimensions: 1.2 Acre
  • Lot Size Sq Ft: 52272
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 2219-02-343-00-0016-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-10-30

Green Features

  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 57268.33
  • Tax Block: 343
  • Tax Lot: 16
  • Tax Other Annual Assessment Amount: 16715.91
  • Tax Map Number: 2219-02-343-00-0016-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Lakeville Elementary School
  • High School: Great Neck South High School
  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Mar 8, 2024
Sold by
Hsueh John T and Hsueh Milli C
Bought by
Weng Haidong and Li Xueyan
Seller's Agent
Jennifer Lo
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Chen Yong Wang Yu
Winzone Realty Inc
List Price
$3,200,000
Sold Price
$2,780,000
Premium/Discount to List
-$420,000
-13.12%
Views
534
Current Estimated Value
$3,147,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,703
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jul 19, 2006
Sold by
Hsueh John

Purchase Details

Closed on
Jan 18, 2001
Sold by
Tang Bing
Bought by
Hsieh John and Hsieh Mili
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
Weng Haidong $2,780,000 Amtrust Title Insurance Co
Weng Haidong $2,780,000 Amtrust Title Insurance Co
-- -- --
-- -- --
Hsieh John $945,000 Lana Choy
Hsieh John $945,000 Lana Choy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsueh John T $21,568
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $2,780,000 -13.1% $392 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
10/27/2023 10/27/23 For Sale $3,200,000 -- $452 / 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 $6,738 $2,942 $1,301 $1,641
2024 $6,738 $2,776 $1,301 $1,475
2023 $39,766 $2,776 $1,301 $1,475
2022 $39,766 $2,619 $1,301 $1,318
2021 $33,945 $2,471 $1,083 $1,388
2020 $34,672 $4,674 $3,587 $1,087
2019 $43,316 $4,674 $3,587 $1,087
2018 $40,482 $4,674 $0 $0
2017 $29,403 $4,674 $3,587 $1,087
2016 $36,834 $4,674 $3,587 $1,087
2015 $7,269 $4,674 $2,250 $2,424
2014 $7,269 $4,674 $2,250 $2,424
2013 $6,917 $4,674 $2,250 $2,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3513102

OneKey® MLS

APN: 2219-02-343-00-0016-0