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16 Laurel Drive

16 Laurel Drive, Great Neck, NY 11021
Sold Jun 06, 2018
$3,305,000
$1,600,000 by Metro City Bank
Mortgage Due Jun 01, 2048
Sold Jun 30, 2011
$1,300,000
16 Laurel Drive in Great Neck, NY was first built in 2011 and is 13 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 16 Laurel Drive has 6,529 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,310 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 28,270 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of slate. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 482 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with stone control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A+. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Laurel Drive sold most recently in May 21, 2018 for a total of $3,305,000. If you work out the math, that's approximately a cost of $506.20 per sqft. Before that, the property was also sold for $1,300,000 in Jun 20, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $46,491 in taxes each year. 16 Laurel Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,240. If we break it down further, the land itself was valued at $969. Improvements to the property, however, were assessed at a total of $2,271. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Quality: A+
  • Construction Type: Stone
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 285
  • Garage Type: Garage
  • Garage Square Area: 482
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 28,270
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 2,310
  • Total Building Area: 6,529
  • Building Area: 6,529
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,529
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.649
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 007

Ownership

  • Current Owner : JIA FAN
  • Previous Owner : WANG LIPING
  • Previous Owner 2: CHANG WEI
  • Owner Before Previous Owner: VITIELLO ROBERT
  • Owner Before Previous Owner 2: VITIELLO BRANDI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Neck Union Free School District
  • School Tax School District: 007
  • School Tax District Code 2: GE
  • Census Tract: 300500

Geography

  • District: 282211
  • Section: 2
  • Parcel: 02-296-00-0015
  • Block: 296
  • Lot: 15
  • Municipality: GREAT NECK ESTATES
  • Latitude: 40.7818
  • Longitude: -73.7399

    Address

  • Full Address: 16 Laurel Dr
  • Address - House Number: 16
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C050
  • 4-Digit Zip Code: 2922
  • Zip Code: 11021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,491
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 3,731,217
  • High Value: 4,358,704
  • Low Value: 3,103,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: METRO CITY BANK
  • First Open Lien Mortgage Recording Date: Jun 06, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $3,240,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,240
  • Assessed Land Value: $969
  • Assessed Improvements Value: $2,271

    Sales

  • Current Sale Contract Date: May 21, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Transaction ID: 11473431200
  • Current Sale Price: $3,305,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2018-049223
  • Previous Sale Recording Date: Jun 30, 2011
  • Previous Sale Contract Date: Jun 20, 2011
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: METRO CITY BANK
  • First Mortgage Transaction Date: Jun 06, 2018
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Great Neck



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Frequently Asked Questions

What neighborhood is 16 Laurel Drive located in?
The 16 Laurel Drive is a located in the neighborhood of Great Neck Estates in Great Neck, Great Neck.
What is the average sales price for listings in 16 Laurel Drive?
The average sales price for units in 16 Laurel Drive is $0 currently.

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