NOT LISTED FOR SALE

8 Terrace Dr Great Neck, NY 11021

Estimated Value: $1,338,000 - $1,356,622

4 Beds
3 Baths
1,933 Sq Ft
$697/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $1,050,000 $543 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,447/month

Highlights

  • Deck
  • Property is near public transit
  • Den
  • Elizabeth M. Baker Elementary School Rated A+
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of December 2020

Welcome to 8 Terrace Drive, a beautiful move-in-ready home, close proximity to the LIRR and restaurants/shopping. This Village of Thomaston gem features 4 spacious bedrooms, 3 full bathrooms, an open concept layout, hardwood floors, a renovated kitchen and a private backyard with a two level deck great for entertaining. Additional details include a 1 car attached garage, central AC and more.

Last Agent to Sell the Property

Jason Friedman

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #10401223998 Listed on: 08/10/2020

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Sarah Friedman

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-466-4036 License #40FR0973610

Last Buyer's Agent

Stella Song

Keller Williams Rty Gold Coast License #10301219278

Keller Williams Rty Gold Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,519

Year Built

  • Built in 1958

Lot Details

  • 5,548

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • Combination Dining and Living Room
  • Den
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 5,548 Sq Ft Lot
  • Property is near public transit

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,519

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Year Built: 1958
  • New Construction: No
  • Attribution Contact: 516-466-4036
  • Co List Office Mls Id: ONEGALE31
  • Co List Office Phone: 516-466-4036
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Granite Counters, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: .127
  • Lot Size Sq Ft: 5548
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-08-11

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 10518.86
  • Tax Other Annual Assessment Amount: 1450.86

MLS Schools

  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Dec 9, 2020
Sold by
Schwarz Marc and Schwarz Eve
Bought by
Chen Yan Juan
Seller's Agent
Jason Friedman
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Stella Song
Keller Williams Rty Gold Coast
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%
Current Estimated Value
$1,347,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,311
Avg. Annual Appreciation
5.11%
Original Mortgage
$390,000
Outstanding Balance
$347,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$999,476
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chen Yan Juan $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yan Juan $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2020 12/09/20 Sold $1,050,000 -11.8% $543 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $1,190,000 -- $616 / 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 $16,567 $851 $416 $435
2024 $4,736 $855 $418 $437
2023 $14,907 $945 $462 $483
2022 $14,907 $933 $478 $455
2021 $13,293 $881 $426 $455
2020 $9,873 $832 $831 $1
2019 $8,890 $891 $890 $1
2018 $8,890 $951 $0 $0
2017 $5,762 $1,010 $1,009 $1
2016 $9,030 $1,070 $968 $102
2015 $3,477 $1,129 $909 $220
2014 $3,477 $1,129 $909 $220
2013 $3,474 $1,182 $952 $230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3241393

OneKey® MLS

APN: 2253-02-246-00-0219-0