When was property at 261 Gramercy Drive built and last sold?

The property at 261 Gramercy Drive was built in 1961 and last sold on Jun 26, 2014 for $710,000.

How much is this home worth?

The estimated value of the home located at 261 Gramercy Drive is $1,271,590.

What are some comparable homes to 261 Gramercy Drive?

Homes that are comparable to 261 Gramercy Drive include a house property at 86 Bounty Lane , 166 Forest Drive , 97 Celia Drive .

Jericho

11753

Jericho

261 Gramercy Drive

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Map

$1,238,000

● House - Off Market

261 Gramercy Drive

Jericho, NY 11753

5 Beds

3 Baths

$1,259,569

RealtyHop Estimate

1.74%

Since May 1, 2023

National-US

Primary Model

About This Property

Great Opportunity For This Spectacular Home in East Birchwood Jericho. Syosset School District! This beautiful Hi-Ranch boasts approximately 2828 sqft of interior living space, features 5 Bedrooms, 3 Full baths, Gleaming Formal Dining Room, Spacious Living Room and brighten kitchen. The master bedroom was extended with a full bathroom and a walk-in closet. Close to schools, shopping and Restaurants, Transportation and much more to list. IT WON'T LAST LONG!!!

Unit Size

Days on Market

Land Size

0.23 acres

Price per sqft

Property Type

House

Property Taxes

$2,044

HOA Dues

Year Built

1961

Last updated: 2 years ago (OneKey MLS #3453427)

Price History

Date / Event	Date	Event
Aug 1, 2023	No longer available	-
No longer available
Apr 8, 2023	In contract	-
In contract
Mar 27, 2023	Price Decreased	$1,238,000 ↓ $21K (1.7%)
Price Decreased
Jan 23, 2023	Listed by Jamie & Connie Real Estate Grp	$1,259,000
Listed by Jamie & Connie Real Estate Grp
Oct 8, 2022	Withdrawn	-
Withdrawn
Jul 17, 2022	Listed by Charles Rutenberg Realty Inc	$1,258,000
Listed by Charles Rutenberg Realty Inc
Oct 11, 2021	No longer available	-
No longer available
Aug 8, 2021	No longer available	-
No longer available
Jul 22, 2021	Relisted	$1,098,000
Relisted
Jun 26, 2021	Listed by Douglas Elliman Real Estate	$1,098,000
Listed by Douglas Elliman Real Estate

	Incredible Opportunity in East Birchwood! Over 2800 sq ft of living space! Mid-block location! This expanded 5 Bed-room/3 Bath Hi Ranch offers a bright and spacious layout with dramatic entry leading to Lvrm, Formal Dining Room, Eat-in Kitchen with Natural Gas Cooking, Granite Countertops and Stainless Steel Appliances. Oversized Master Bedroom with Full Bath plus 2 Bedrooms and Full Bath. Lower Level incl. additional 2 Bedrooms/Offices and Full Bath along with Family Room with Fireplace… Douglas Elliman Real Estate
May 22, 2021	No longer available	-
No longer available
Dec 11, 2020	No longer available	-
No longer available
Nov 8, 2020	Relisted	$988,888
Relisted
Nov 6, 2020	No longer available	-
No longer available
Jun 27, 2020	Listed by Douglas Elliman Real Estate	$988,888
Listed by Douglas Elliman Real Estate

	East Birchwood 5 Bdrm/3Bth Hi Ranch.Spacious Open Layout W/Dramatic Entry Leading To Lvrm, Form Dr, Updated Kitchen W/Granite & Stainless Appl. Fantastic Expanded Master Bdrm W/Fbth,2Bdrms & Fbth. Lower Lvl Incl Cozy Fam Rm W/Fp,2 Bdrms/Office & Fbth. Separate entrance to backyard mother/daughter 1.5 Car Gar,Cac & More! Lg Parklike Property with 2 layers of Deck. Bright and spacious, convenient location close to highway, schools, library, shopping restaurants and all Move… Douglas Elliman Real Estate
Jul 30, 2017	Listed	$999,000
Listed

	Amazing East Birchwood Oversized Hi Ranch 5 Br/3 Bath Enormous & Expanded Master Bedroom And Bath. Expanded Eik, Ss Appliances, Den W/Woodburning Fireplace, Cac/Formal Dr/Deck. 4 Skylights
Jul 1, 2014	Sold to Li Ming Yuan	$710,000
Sold to Li Ming Yuan

Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1961
Total Rooms: 6
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 1
Building Condition: Good
Building Quality: B
Construction Type: Frame
Building Style: Raised Ranch
Exterior Walls Type: Alum/Vinyl siding
Roof Cover Type: Shingle (not wood)
Floor Count: 1
Living Units: 1
Basement Type: Finished improved basement
Basement Area: 654
Garage Type: Underground/basement
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 9,963

Lot Size Depth Feet: 1,240
Lot Size Frontage Feet: 810
Total Building Area: 2,828
Building Area: 2,828
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 2,828
Heating Fuel Type: Gas

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Land Acres: 0.229
Standard Land Use Code: Single family residential
Legal Description 1: TOWN #3 SCH DIST 014

Ownership

Current Owner : YUAN LI MING

Previous Owner : HERMAN LEONARD
Previous Owner 2: HERMAN ANITA
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Syosset Central School District

School Tax School District: 014
Census Tract: 518600

Geography

District: 282489

Section: 12
Parcel: 12-622-00-0003
Block: 622
Lot: 3
Municipality: OYSTER BAY UNINCORPORATED
Latitude: 40.7989
Longitude: -73.5278

Address

Full Address: 261 Gramercy Dr

Address - House Number: 261
Address - Street Name: Gramercy
Address - Suffix Type: Dr
State: NY
City Name: Jericho
Carrier Code: C016
4-Digit Zip Code: 1829
Zip Code: 11753

Valuation

Tax

Tax Year: 2023

Tax Amount: $25,770
Tax Rate Code Area: 588

Appraisal Valuation

Standard Deviation: 0.0933

Valuation Date: Jun 28, 2023
Confidence Score: 91
Final Value: 1,212,797
High Value: 1,326,005
Low Value: 1,099,588

Open Liens

Total Open Liens: 2

Total Open Liens Amount: $615,000
First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
First Open Lien Mortgage Recording Date: Jul 01, 2014
First Open Lien Mortgage Loan Amount: $460,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Jul 01, 2044
Second Open Lien Mortgage Lender: SBT ADVANTAGE BANK
Second Open Lien Mortgage Recording Date: Nov 20, 2017
Second Open Lien Mortgage Financing Type: Fixed Rate
Second Open Lien Mortgage Loan Amount: $155,000
Second Open Lien Mortgage Term: 300
Second Open Lien Mortgage Position: 2
Second Open Lien Mortgage Loan Type: New Conventional
Second Open Lien Mortgage Loan Due Date: Dec 01, 2042

Market Valuation

Market Total Value: $977,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $977
Assessed Land Value: $485
Assessed Improvements Value: $492

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 26, 2014

Current Sale Recording Date: Jul 01, 2014
Current Sale Transaction ID: 1115586007
Current Sale Price: $710,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 2014070101668

Last Sale Mortgage

First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC

First Mortgage Transaction Date: Jul 01, 2014
First Mortgage Loan Amount: $460,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jul 01, 2044

Redact Ownership Info

Comparables

86 Forsythia Lane

Sold

House

5 Beds

4 Baths

$1,110,000 Mar 15, 2019

$1,110,000 Dec 10, 2019

$2,866/mo

11 Annette Way

Sold

House

5 Beds

5 Baths

$1,363,000 Jun 4, 2020

$1,363,000 Mar 3, 2021

$3,042/mo

270 Gramercy Drive

Sold

House

5 Beds

5 Baths

$1,348,888 Apr 15, 2019

$1,348,888 Mar 24, 2020

29 Sagamore Way North

Sold

House

5 Beds

5 Baths

$1,300,000 Jul 24, 2019

$1,300,000 Sep 25, 2020

$1,232/mo

126 Celia Drive

Sold

House

5 Beds

5 Baths

$1,328,000 Nov 5, 2018

$1,328,000 Oct 11, 2019

257 Gramercy Drive

Sold

House

5 Beds

4 Baths

$1,495,000 Apr 13, 2021

$1,495,000 Mar 9, 2022

60 Merry Lane

In Contract

House

4 Beds

3 Baths

$1,199,999 Dec 8, 2022

$1,613/mo

86 Bounty Lane

Active

House

4 Beds

3 Baths

$1,329,000 Feb 24, 2023

$2,053/mo

166 Forest Drive

Active

House

4 Beds

3 Baths

$1,048,000 Nov 16, 2022

$2,154/mo

97 Celia Drive

Active

House

6 Beds

4 Baths

$1,138,000 Jan 31, 2023

$1,945/mo

30 Fortune Lane

In Contract

House

4 Beds

3 Baths

$1,099,000 Jan 8, 2023

$1,820/mo

48 Hedgerow Lane

Active

House

3 Beds

3 Baths

$1,140,000 Feb 5, 2023

$1,641/mo

About Jericho

Stats & Trends

Median Asking:

$1,248,500

Sale Price/ft²

$1,082

Below Asking

0.01%

Average Days on Market

Average Home Size

5 ft²

Average Home Age

45.9 years

Currently For Sale

29 Listings

Similar Homes for Sale

Unit for sale at 48 Hedgerow Lane, Jericho, NY 11753

$1,140,000

3 Beds
3 Baths

48 Hedgerow Lane, Jericho, NY 11753 Listing by Catherine Dorsa

Unit for sale at 97 Celia Drive, Jericho, NY 11753

$1,138,000

6 Beds
4 Baths

97 Celia Drive, Jericho, NY 11753 Listing by Monira Chowdhury

Unit for sale at 166 Forest Drive, Jericho, NY 11753

$1,048,000

4 Beds
3 Baths

166 Forest Drive, Jericho, NY 11753 Listing by Renee B Hughes

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Nearby Rentals

Unit for rent at 6 Livingston Avenue, Jericho, NY, 11753

$5,500 /mo

4 Beds
3 Baths

6 Livingston Avenue, Jericho, NY, 11753 Listing by Jindi Zeng

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Last Updated: 2 years ago
Data Source: OneKey MLS

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

261 Gramercy Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Jericho

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions