NOT LISTED FOR SALE

Estimated Value: $898,000 - $969,713

3 Beds
2.5 Baths
1,900 Sq Ft
$496/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $913,000 $481 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,595/month

25 Days on Market

Highlights

  • Pre War Building
  • Garden
  • Garage
  • Community Garden
  • Central Air
  • Wood Burning Fireplace

About This Home

As of December 2021

Across the water on a beautiful treelined street with stunning water views is this impeccably renovated house offering the most convenient, comfortable, and stress-free living. At only a 34-minute subway-ride (and as little as 24 minutes by car) to Midtown Manhattan; City Island is that unique, hidden gem offering high quality living, with an easy commute to Manhattan, at a price we only dream of in the rest of New York City! Besides being surrounded by water, nature, bike trails, stables, golf courses, quaint shops, and seafood restaurants; there is a remarkable sense of beach-vibe and community here. Once work is done, you are on vacation 365 days a year.

Extensive work has gone into this two-story 1888 originally built property - making it an exquisitely put together, turn-key home. Enjoy an ideal layout of a spacious open-plan living-area where focal points are an alluring wood-burning fireplace and the gorgeous water views from floor-to-ceiling French windows! Continue onto a separate dining area, leading to a flawless chef's kitchen, and a very large deck with a custom al-fresco dining Pergola; accessed through wall-to-wall glass doors. Coming up the original staircase to the second floor - with continued water views; you have three well-appointed bedrooms, and two lovingly renovated bathrooms.

467 King Avenue is not a house but a home - and I dare say a perfect one. Located at what I personally find to be the best block on City Island, incredibly this property does not require flood insurance!

By owning 467 King Avenue you will be just feet away and have access to City Island's longest beach!

Additional conveniences completing this ideal home:

a private driveway fitting three cars, and a freestanding garage

a clean and spacious basement/cellar - excellent for storage

manicured gardens with auto-sprinkler systems

pet-secure fence around property

central HVAC and hardwood floors

custom blinds and ceiling fans in every room

recessed and custom lighting with dimmers

full size washer and dryer

Take the opportunity to watch the included video, it "walks you through" the entire property; interior and exterior!

Showings by appointment only, kindly contact the listing broker.

Last Agent to Sell the Property

Sandra Salander

R New York License #10401234338 Listed on: 08/22/2021

R New York

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,431

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 50.0 x 100.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • City Island Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 86 / 5646

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,431

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Cross Street: Bowne Street/Beach Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: City Island
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Lot Info

  • Lot Size Dimensions: 50.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1888

Tax Info

  • Tax Block: 5646
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Dec 2, 2021
Sold by
Raimondi John and Raimondi Leslie
Bought by
Brown As Trustee Lucy L and Lucy L. Brown Living Trust
Seller's Agent
Sandra Salander
R New York
List Price
$913,000
Sold Price
$913,000
Current Estimated Value
$942,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,178
Avg. Annual Appreciation
0.48%
Original Mortgage
$363,000
Outstanding Balance
$335,831
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,085
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
Brown As Trustee Lucy L $913,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown As Trustee Lucy L $363,000
Previous Owner Raimondi John $11,125
Previous Owner Raimondi John $265,798
Previous Owner Raimondi John $50,000
Previous Owner Raimondi John $75,000
Previous Owner Raimondi John $42,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $913,000 0.0% $481 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $913,000 -- $481 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,431 $37,744 $9,035 $28,709
2024 $7,431 $36,996 $10,548 $26,448
2023 $7,113 $35,024 $10,564 $24,460
2022 $6,621 $40,080 $12,180 $27,900
2021 $6,601 $41,280 $12,180 $29,100
2020 $6,362 $45,480 $12,180 $33,300
2019 $6,156 $37,860 $12,180 $25,680
2018 $5,652 $29,187 $9,129 $20,058
2017 $5,334 $27,637 $11,266 $16,371
2016 $4,857 $25,848 $11,188 $14,660
2015 $2,721 $24,720 $13,560 $11,160
2014 $2,721 $24,201 $12,487 $11,714
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10738293

Real Estate Board of New York (REBNY)

APN: 05646-0086