NOT LISTED FOR SALE

92 Karol Place Jericho, NY 11753

Estimated Value: $2,517,098 - $2,753,000

7 Beds
5.5 Baths
4,301 Sq Ft
$613/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $2,405,000 $559 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $16,018/month

53 Days on Market

Highlights

  • Active Adult
  • Partially Wooded Lot
  • 2 Car Attached Garage
  • Colonial Architecture
  • 2 Fireplaces
  • Central Air

About This Home

As of November 2024

Sitting atop the highest point in the coveted Lion's Gate section in Jericho School District is this Magnificent 7 bedroom, 5 and 1/2 Bath home. This light flooded home alot of living space with LOW TAXES and is located in a cul-de-sac which offers perfect privacy and security, yet being close to all! The current owner has spared no expense in the recent renovation of this property, including new real wood clapboard, siding, magnificent plantings, new trex decking, sparkling blue gunite pool with a new diamond brite finish and heating system, security system, generator etc. The systems such as the heating and HVAC systems are brand new, as is the roof. Inside, The home boasts a large entry foyer, formal dining room, formal living room, a den, a music room, a huge eat in kitchen, a bedroom and bathroom off the kitchen, and a laundry room. The lower level is fully finished and is above ground with a second kitchen, 2 bedrooms, family room, and a full bath. On the second floor, the spacious primary suite boasts a gorgeous ensuite bathroom, walk-in closets, and an Office or a Nursery or a Gym room. There are 2 more bathrooms and 3 additional bedrooms as well. The large deck leads to a spectacular resort-like backyard which wraps around the home. This location cannot be beat! Convenient to transportation stores and restaurants, but boasting unbelievable privacy!! The Finished Basement is a gift. It is a must see!

Last Agent to Sell the Property

Shalini Schetty

Americana Realty Group LLC Brokerage Phone: 516-502-0550 License #10491212677 Listed on: 06/21/2024

Co-Listed By

Jaime Giambrone

Americana Realty Group LLC Brokerage Phone: 516-502-0550 License #10401388408

Last Buyer's Agent

Shalini Schetty

Americana Realty Group LLC Brokerage Phone: 516-502-0550 License #10491212677 Listed on: 06/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,763

Year Built

  • Built in 1970

Lot Details

  • 0.45 Acre Lot
  • Stone Wall
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Advanced Framing
  • Clapboard

Interior Spaces

  • 2 Fireplaces
  • Washer

Bedrooms and Bathrooms

  • 7 Bedrooms

Finished Basement

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

Schools

  • Robert Seaman Elementary School
  • Jericho Middle School
  • Jericho Senior High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System

Community Details

  • Active Adult

Listing and Financial Details

  • Legal Lot and Block 21 / 199
  • Assessor Parcel Number 2429-15-199-00-0021-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,763

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Year Built: 1970
  • New Construction: No
  • Attribution Contact: 516-502-0550
  • Co List Office Mls Id: ONESHSC01
  • Co List Office Phone: 516-502-0550
  • BuildingSize: 7000+ Sq Ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Washer
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,B/I Audio/Visual Equip,Central Vacuum,Entertainment Cabinets,Fireplace Equip,Gas Grill,Gas Tank,Generator,Light Fixtures,Pool Equipt/Cover,Refrigerator,Shades/Blinds,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • AtticDescription: Partial
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Advanced Framing Technique, Clapboard
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Jericho Middle School

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: Shy 0.5
  • Lot Size Sq Ft: 19580
  • Lot Size Units: Acres
  • Lot Features: Part Wooded, Stone/Brick Wall
  • Parcel Number: 2429-15-199-00-0021-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 26762.61
  • Tax Block: 199
  • Tax Lot: 21
  • Tax Other Annual Assessment Amount: 1762.61
  • Tax Map Number: 2429-15-199-00-0021-0

MLS Schools

  • Elementary School: Robert Seaman Elementary School
  • High School: Jericho Senior High School
  • Middle School District: Jericho

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Nov 22, 2024
Sold by
Marcus Rovena and Marcus Philip
Bought by
Malhotra Sanjeev and Bist Bhawana
Seller's Agent
Shalini Schetty
Americana Realty Group LLC
Buyer's Agent
Shalini Schetty
Americana Realty Group LLC
List Price
$2,488,888
Sold Price
$2,405,000
Premium/Discount to List
-$83,888
-3.37%
Views
13
Current Estimated Value
$2,635,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,049
Avg. Annual Appreciation
8.19%
Original Mortgage
$948,000
Outstanding Balance
$929,111
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,705,938
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malhotra Sanjeev $2,405,000 None Available
Malhotra Sanjeev $2,405,000 None Available
Malhotra Sanjeev $2,405,000 None Available
Malhotra Sanjeev $2,405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Sanjeev $948,000
Closed Malhotra Sanjeev $948,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $2,405,000 -3.4% $559 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $2,488,888 +900.0% $579 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $248,888 -- $58 / 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 $28,509 $1,224 $313 $911
2024 $4,355 $1,224 $313 $911
2023 $21,713 $1,305 $333 $972
2022 $21,713 $1,433 $366 $1,067
2021 $21,810 $1,525 $353 $1,172
2020 $20,676 $1,495 $1,121 $374
2019 $20,230 $1,601 $1,125 $476
2018 $20,503 $1,708 $0 $0
2017 $16,859 $1,815 $1,134 $681
2016 $20,957 $1,921 $971 $950
2015 $3,970 $2,028 $913 $1,115
2014 $3,970 $2,028 $913 $1,115
2013 $4,342 $2,374 $1,069 $1,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3570604

OneKey® MLS

APN: 2429-15-199-00-0021-0