by RH Advisors

See Home Value
$5,050,000
House - Off Market

347 Wheatley Road

Old Westbury, NY 11568
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$6,330,749
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Luxurious 6.55-acre estate located in prominent Old Westbury. Located near Glen Oaks & Old Westbury Golf Course and within one hour from New York City, this four-bedroom home offers spectacular views of lush property from every room. This expansive estate includes a 3-hole golf course and an exquisitely landscaped backyard & pool designed for outdoor entertainment. Sporting a dramatic spiral staircase emersed in natural light with floor-to-ceiling glass doors, this home has large windows in every room to enrich the ambiance of this must-see property. Also included are generous storage and closets throughout the home and a colorfully finished basement ideal for a home gym or family den. Not to mention a newly constructed 3 bedroom/4 bath cottage with a charming front porch and gas grill, enriching the property for the perfect outdoor experience. This cottage could be suitable for a lavish guest house, caretakers' home, or rental property!
Unit Size
-
Days on Market
67 days
Land Size
6.55 acres
Price per sqft
-
Property Type
House
Property Taxes
$5,238
HOA Dues
-
Year Built
1953
Last updated: 2 years ago (OneKey MLS #H6204358)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold $5,050,000
Sold
Oct 3, 2022 In contract -
In contract
Sep 1, 2022 Listed by Pulse International Realty Inc $5,999,000
Listed by Pulse International Realty Inc

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B+
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 954
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 285,318
  • Total Building Area: 2,805
  • Building Area: 2,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,805
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 6.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #3 SCH DIST 015

Ownership

  • Current Owner : CARILLO FRED J
  • Current Owner 2: CARILLO ELIZABETH
  • Previous Owner : WHEATLEY 347 LLC
  • Owner Before Previous Owner: RAUCH FOUNDATION INC
  • Ownership Rights Codes: Revocable Living Trust

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: OW
  • Census Tract: 517705

Geography

  • District: 282431
  • Section: 17
  • Parcel: 17-012-00-0163
  • Block: 12
  • Lot: 163
  • Municipality: OLD WESTBURY
  • Latitude: 40.8062
  • Longitude: -73.583

    Address

  • Full Address: 347 Wheatley Rd
  • Address - House Number: 347
  • Address - Street Name: Wheatley
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Old Westbury
  • Carrier Code: C054
  • 4-Digit Zip Code: 1040
  • Zip Code: 11568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,377
  • Tax Rate Code Area: 520

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 3,661,407
  • High Value: 4,325,319
  • Low Value: 2,997,495

    Market Valuation

  • Market Total Value: $2,539,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,539
  • Assessed Land Value: $1,832
  • Assessed Improvements Value: $707

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Transaction ID: 11899084767
  • Current Sale Price: $5,050,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2022-112148
  • Previous Sale Recording Date: Mar 17, 2000
  • Previous Sale Contract Date: Mar 14, 2000
  • Previous Sale Amount: $1,750,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Mar 17, 2000
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 300
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
10 Beds
5 Baths
-
$5,999,000 Sep 1, 2022
-
$6,284/mo

About Old Westbury


Similar Homes for Sale

Unit for sale at 355 Wheatley Road, Old Westbury, NY 11568

$5,999,000

  • 10 Beds
  • 5 Baths
355 Wheatley Road, Old Westbury, NY 11568 Listing by Rena Kliot

Nearby Rentals

Unit for rent at

$4,400 /mo

  • 3 Beds
  • 2.5 Baths
Listing by CARYL STOLLMACK-COZIN


Frequently Asked Questions

When was property at 347 Wheatley Road built and last sold?
The property at 347 Wheatley Road was built in 1953 and last sold on Nov 7, 2022 for $5,050,000.
How much is this home worth?
The estimated value of the home located at 347 Wheatley Road is $6,058,990.
What are some comparable homes to 347 Wheatley Road?
Homes that are comparable to 347 Wheatley Road include a house property at 355 Wheatley Road, located in Old Westbury, NY.

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