NOT LISTED FOR SALE

Estimated Value: $4,925,862 - $5,535,000

5 Beds
6 Baths
7,200 Sq Ft
$726/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $3,700,000 $514 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $29,113/month

Highlights

  • Tennis Courts
  • In Ground Pool
  • Sauna
  • John F Kennedy School Rated A
  • Rooftop Deck
  • 1-minute walk to Kings Point Park

About This Home

As of October 2020

Welcome to this Splendid Colonial Architectural Masterpiece with 5 Bedrooms, 6 Bathrooms, two Large Eat-in Kitchens and Magnificent custom designed hardwood floors. This House is Located on Almost Two Acres of Flat Land in one of the Most Desired parts of Kings Point. Its Circular Driveway Leads to the Main Entrance and 3-Car Garage. It has a Perfect Floor Plan for Comfortable Living and Entertaining Friends and Family. Immaculately Landscaped Front and Back Yard with Three Patios, Pool with Waterfall, jacuzzi and Tennis Court is the Perfect Setting for Country Club Living, Relaxation and Entertainment. It is Perfectly located Near Places of Worship, Parks and a Short Ride to LIRR and Highways to New York City. *Renowned Great Neck School District.

Last Agent to Sell the Property

Roya Neissani

Douglas Elliman Real Estate Brokerage Phone: 516-883-5200 License #40NE1165116 Listed on: 08/12/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Roya Neissani

Douglas Elliman Real Estate Brokerage Phone: 516-883-5200 License #40NE1165116 Listed on: 08/12/2020

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,787

Year Built

  • Built in 1961 | Remodeled in 2000

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Private Entrance
  • Fenced
  • Private Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 3 Fireplaces
  • Double Pane Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Sauna
  • Home Gym
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Home Security System
  • Smart Thermostat

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Balcony
  • Rooftop Deck
  • Patio

Location

  • Property is near public transit

Schools

  • John F Kennedy Elementary School
  • Great Neck North Middle School
  • Great Neck North High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Exclusions: Curtains/Drapes,Grill,Selected Window Treatment
  • Legal Lot and Block 62 / 201

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,787

Year Built

Built in 1961 | Remodeled in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Levels: Three Or More
  • Exclusions: Curtains/Drapes,Grill,Selected Window Treatment
  • Year Built: 1961
  • New Construction: No
  • Year Built Effective: 2000
  • Attribution Contact: 516-883-5200
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
  • Interior Amenities: Smart Thermostat, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Marble Bath, Marble Counters, Master Bath, Pantry, Powder Room, Sauna, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Finished, Partial, Partially Finished, Walk-Out Access
  • Inclusions: Alarm System,Attic Fan,Awning,B/I Audio/Visual Equip,B/I Shelves,Basketball Hoop,Ceiling Fan,Central Vacuum,Compactor,Convection Oven,Dehumidifier,Dishwasher,Door Hardware,Dryer,Energy Star Appliance(s),Fireplace Equip,Freezer,Front Gate,Garage Door Opener,Garage Remote,Mailbox,Microwave,Pool Equipt/Cover,Refrigerator,Screens,Second Dishwasher,Second Dryer,Second Freezer,Second Washer,Shades/Blinds,Speakers Indoor,Speakers Outdoor,Wall Oven
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 7200
  • Window Features: Double Pane Windows, Skylight(s)
  • AtticDescription: Pull Stairs
  • SquareFootage: 7200.00
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: Southeast
  • Construction Materials: Stucco
  • Fencing: Fenced
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Open
  • Exterior Features: Balcony, Private Entrance, Roof Deck, Sprinkler System, Tennis Court(s)
  • Patio and Porch Features: Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Attached, 3 Car Attached, Driveway, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Security: Security System
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Great Neck North Middle School

Lot Info

  • Lot Size Acres: 1.84
  • Lot Size Area: 1.84
  • Lot Dimensions: 1.84 Acres
  • Lot Size Sq Ft: 80150
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Cul-De-Sec, Private
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-08-17

Rental Info

  • Lease Considered: No
  • Available Date: 2020-10-27

Tax Info

  • Tax Annual Amount: 63787
  • Tax Block: 201
  • Tax Lot: 62
  • Tax Other Annual Assessment Amount: 12627
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: John F Kennedy School
  • High School: Great Neck North High School
  • Middle School District: Great Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 23, 2020
Sold by
Sassouni Rafael and Sassouni Bita
Bought by
Rashtian Sylvia and Rashtian Albert
Seller's Agent
Roya Neissani
Douglas Elliman Real Estate
Buyer's Agent
Roya Neissani
Douglas Elliman Real Estate
List Price
$4,300,000
Sold Price
$3,700,000
Premium/Discount to List
-$600,000
-13.95%
Current Estimated Value
$5,230,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,530,431
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,300,000
Outstanding Balance
$1,159,452
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$4,070,979

Purchase Details

Closed on
May 5, 2004
Sold by
Sassouni Bita

Purchase Details

Closed on
Jul 3, 1996
Sold by
Pascal Joseph and Pascal Rosette
Bought by
Pascal Rosette and Sassouni Bita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
7.98%
Source: Public Records

Range of Values:

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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
Rashtian Sylvia $3,700,000 Judicial Title
-- -- --
Pascal Rosette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashtian Sylvia $1,300,000
Previous Owner Pascal Rosette $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $3,700,000 -14.0% $514 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $4,300,000 -- $597 / 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 $7,367 $3,080 $1,033 $2,047
2024 $7,367 $3,259 $1,093 $2,166
2023 $37,779 $3,600 $1,207 $2,393
2022 $37,779 $5,155 $1,729 $3,426
2021 $58,247 $4,947 $1,454 $3,493
2020 $51,160 $5,324 $3,427 $1,897
2019 $52,619 $5,449 $3,508 $1,941
2018 $52,619 $6,105 $0 $0
2017 $39,391 $6,105 $3,930 $2,175
2016 $50,030 $6,105 $2,948 $3,157
2015 $10,489 $6,105 $2,948 $3,157
2014 $10,489 $6,105 $2,948 $3,157
2013 $13,347 $8,140 $3,930 $4,210
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3242065

OneKey® MLS

APN: 2217-01-201-00-0062-0