$2,500,000
SOLD JAN 30, 2025
7 Beds
3.5 Baths
5,400 Sq Ft
0.38 Acres

Recently Sold

$463 Per Sq Ft

13% Below List Price

289 Days on Market

Highlights

  • Rooftop Deck
  • Colonial Architecture
  • Wood Flooring
  • 16,356 Sq Ft lot
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of January 2025

Welcome to 8702 Palermo Street nestled in tranquil Holliswood. This expansive property spans over Sixteen thousand square feet, is uniquely private, and features a massive backyard thoughtfully designed as an oasis. Enclosed within its bounds are lush lawns, gardens, patios and terrace areas. The home boasts a well-thought-out layout, offering spaciousness, convenience, and elegance. As you approach, a winding driveway leads the way to a 2-car attached garage, ensuring convenience and seclusion. Step inside this brick center hall colonial masterpiece. On the main level, a stately foyer, adorned with a grand staircase and uniquely high ceilings, set the tone of splendor in every space. A grand parlor, at the left wing, features a charming fireplace and ample space to entertain. Expansive windows capture the golden hues of the rising and setting sun, bathing the room in a warm and inviting glow. An intimate and casual family room is enhanced by panoramic window views, creating a comfortable and inviting space for relaxation and enjoyment. The formal dining room is located in the right wing of the home. A U-shaped eat-in kitchen with Mediterranean design features tiled floors, custom cabinets, and a decorative backsplash. Seamless paneled appliances, including a Wolf stove top and dual wall oven, along with a Sub-Zero fridge, offer modern convenience coupled with chic finishes. A well-placed powder room seamlessly matches the decor of the home. On the secomd level, the main bedroom boasts his and hers closets, a spacious bathroom, and a large private deck. Three more spacious bedrooms offer ample closets, abundant natural light, and expansive views. An additional spacious full bathroom with stand up shower. The third level is finished with high ceilings, exudes a sense of airiness, features closets, two bedrooms, and additional sprawling views. The garden level basement, situated above ground, boasts front and rear entrances, expansive windows, a holiday kitchen, and a spacious living room. An extra large full bathroom with stand up shower and two extra bedrooms cater to guests and household staff. This home features 10-foot ceilings on the first level and 9-foot ceilings on the second level. The full finished third level adds versatility and additional living space to suit your needs. Expansive windows throughout the home flood the interiors with natural light, creating a warm and inviting atmosphere. The huge backyard is impressively designed with a perfectly flowing layout, complemented by a botanical wonder rare to be found in New York City's five boroughs, all within thirty minutes from Manhattan. A large terrace connected to the kirchen is perfect for BBQs and picnics, while a second separate patio, can be dedicated to a fire pit in the evenings or sun bathing. Children and adults will also delight in the tremendous space that is completely closed off. Properties of this caliber in such a prime location are rarely available. Schedule a showing with me today before this opportunity is gone!, Additional information: Interior Features:Guest Quarters,Lr/Dr,Marble Bath

Last Agent to Sell the Property

Benjamin Timlichman

Keller Williams Rlty Landmark Brokerage Phone: 631-261-2800 License #10301221443 Listed on: 12/09/2024

Keller Williams Rlty Landmark

Last Buyer's Agent

Benjamin Timlichman

Keller Williams Rlty Landmark Brokerage Phone: 631-261-2800 License #10301221443 Listed on: 12/09/2024

Keller Williams Rlty Landmark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,526

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 5,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Porch

Schools

  • Ps 35 Nathaniel Woodhull Elementary School
  • Benjamin Franklin Hs-Finance-Info Middle School
  • Benjamin Franklin Hs-Finance-Info High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Shared Septic

Listing and Financial Details

  • Legal Lot and Block 59 / 10516
  • Assessor Parcel Number 10516-0059

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,526

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Multi/Split
  • Year Built: 1920
  • Attribution Contact: 631-261-2800
  • CurrentPrice: 2500000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 462.96296
  • ListPrice_By_LivingArea: 527.77778
  • ListPrice_By_OriginalListPrice: 0.99130
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Formal Dining, Primary Bathroom
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 5400
  • Basement YN: No
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Exterior Features: Roof Deck, Balcony
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage: Yes
  • Parking Description: Attached, Driveway, Garage, Private

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Hot Water
  • Sewer: Shared
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Benjamin Franklin Hs-Finance-Info

Lot Info

  • Lot Dimensions: 113x170 IR
  • Lot Size Sq Ft: 16356
  • Parcel Number: 10516-0059
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 16525.8
  • Tax Block: 10516
  • Tax Lot: 59

MLS Schools

  • Elementary School: Ps 35 Nathaniel Woodhull
  • High School: Benjamin Franklin Hs-Finance-Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2011
Sold by
Abraham Jack
Bought by
Abraham Jack and Abraham Mirta Nora
Current Estimated Value
$2,633,681
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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 Type Sale Price Title Company
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $2,500,000 -13.0% $463 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
03/26/2024 03/26/24 For Sale $2,875,000 -- $532 / 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 $16,712 $87,388 $32,018 $55,370
2024 $16,712 $83,207 $32,852 $50,355
2023 $16,712 $83,207 $29,213 $53,994
2022 $16,334 $99,720 $34,800 $64,920
2021 $16,245 $91,860 $34,800 $57,060
2020 $15,414 $90,120 $34,800 $55,320
2019 $10,785 $77,160 $34,800 $42,360
2018 $13,837 $69,339 $29,037 $40,302
2017 $13,600 $68,186 $30,873 $37,313
2016 $12,550 $68,186 $30,873 $37,313
2015 $7,758 $60,686 $29,507 $31,179
2014 $7,758 $57,783 $29,293 $28,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3540407

OneKey® MLS

APN: 10516-0059