NOT LISTED FOR SALE

Estimated Value: $6,236,529

7 Beds
9 Baths
12,000 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 10, 2012

Last sale price $13,000,000 $1,083 Per Sq Ft

Current estimated payment $41,435/month

154 Days on Market

Highlights

  • Water Views
  • Docks
  • In Ground Pool
  • John F Kennedy School Rated A+
  • Home fronts a sound
  • Gated Community

About This Home

As of October 2012

A Private Road Leads To This Stunning Waterfront Stucco&Glass 12000Sqft Gated Home Which Underwent A Gut Renovation In 2007: 200Ft Of Restored Bulkhead,300Ft Long Pier,Ind/Outdoor Swimming Pool,Whole House Generator,Smart House Crestron System. Glorious Views Of The Manhattan Skyline & Bridges From This Spectacular Contemporary Originally Built For Vitas Gerulaitis.

Last Agent to Sell the Property

Soheila Sharf

S Sharf Realty Inc Brokerage Phone: 516-773-6677 License #31SH0803063 Listed on: 03/15/2012

Last Buyer's Agent

Raya Namdar

S Sharf Realty Inc License #30NA0649266

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $142,337

Year Built

  • Built in 1983

Lot Details

  • 1.25 Acre Lot
  • Home fronts a sound
  • Sprinkler System

Parking

  • 4 Car Detached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 12,000 Sq Ft Home
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Gated Community

Listing and Financial Details

  • Legal Lot and Block 30,31,33 / 176
  • Assessor Parcel Number 2217-01-176-00-0030-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$142,337

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1983
  • New Construction: No
  • Attribution Contact: 516-773-6677
  • BuildingSize: 12000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining, Home Office
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 12000
  • AtticDescription: See Remarks
  • SquareFootage: 12000.00
  • NumberOfKitchens: 3

Exterior Features

  • Frontage Length: 200
  • Waterfront Features: Sound, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler System, Bulkhead, Dock
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Detached, 4+ Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Radiant, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Gated
  • Senior Community: No

Association/Amenities

  • Community Features: Gated

Lot Info

  • Lot Size Acres: 1.25
  • Lot Dimensions: 1.25
  • Lot Size Sq Ft: 54624
  • Parcel Number: 2217-01-176-00-0030-0
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 142337
  • Tax Block: 176
  • Tax Lot: 30,31,33
  • Tax Map Number: 2217-01-176-00-0030-0

MLS Schools

  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Oct 10, 2012
Sold by
Kings Point Holding Llc
Bought by
Mardkha Joseph and Mardkha Rinat
Seller's Agent
Soheila Sharf
S Sharf Realty Inc
Buyer's Agent
Raya Namdar
S Sharf Realty Inc
List Price
$17,500,000
Sold Price
$13,000,000
Premium/Discount to List
-$4,500,000
-25.71%
Current Estimated Value
$6,236,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,763,471
Avg. Annual Appreciation
-5.39%

Purchase Details

Closed on
Jan 10, 2007
Sold by
Payson Martin
Bought by
King Point Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mardkha Joseph -- --
King Point Holdings Llc $12,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2012 10/10/12 Sold $13,000,000 -25.7% $1,083 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $17,500,000 -- $1,458 / 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 $105,892 $6,550 $1,700 $4,850
2024 $16,700 $6,685 $1,735 $4,950
2023 $90,568 $7,036 $1,826 $5,210
2022 $90,568 $9,381 $2,562 $6,819
2021 $119,529 $8,850 $2,308 $6,542
2020 $114,370 $12,675 $4,844 $7,831
2019 $121,798 $16,899 $6,458 $10,441
2018 $152,151 $16,899 $0 $0
2017 $109,037 $16,899 $6,458 $10,441
2016 $138,487 $16,899 $6,458 $10,441
2015 $28,916 $16,830 $6,458 $10,372
2014 $28,916 $16,830 $6,458 $10,372
2013 $27,595 $16,830 $6,458 $10,372
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY2477297

OneKey® MLS

APN: 2217-01-176-00-0030-0