NOT LISTED FOR SALE

12 the Courtyard Locust Valley, NY 11560

Estimated Value: $5,099,000

7 Beds
9 Baths
7,240 Sq Ft
$704/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $4,000,000 $552 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $29,543/month

7 Days on Market

Highlights

  • Cottage Room
  • Panoramic View
  • 4.57 Acre Lot
  • Locust Valley High School Rated A
  • Estate
  • Property is near public transit

About This Home

As of June 2023

The five-bedroom main residence is complemented by a stylish two-bedroom cottage, a sparkling heated swimming pool and an all-weather tennis court. Captivating gardens feature majestic specimen trees, open verdant lawns, flowering perennials, wisteria covered pergolas and lovely hardscape. Spectacular foyer and impressively scaled, light-filled living room with double-height barrel ceiling. Sophisticated formal dining room. Beautifully designed kitchen with tasteful finishes and top-of-the-line appliances. Family room and library with fireplaces. Serene primary suite with luxurious en suite baths and fireplace. French doors throughout open to bluestone terraces overlooking the gardens. Convenient access to the gardens and swimming pool from the fully furnished lower level outfitted for entertainment and relaxation. Media room, bar, billiard area, recreation room, climate-controlled fitness room and sauna. Three-bay attached garage. A Masterpiece Collection Listing.

Last Listed By

Bonnie Devendorf

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-759-4800 License #30DE0831640 Listed on: 05/10/2023

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,689

Year Built

  • Built in 1985

Lot Details

  • 4.57 Acre Lot
  • Cul-De-Sac
  • Private Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Estate
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 5 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Home Gym
  • Wood Flooring
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ann Macarthur Primary Elementary School
  • Locust Valley Middle School
  • Locust Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Additional Features

  • Cottage Room
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Curtains/Drapes
  • Legal Lot and Block 10 / 59
  • Assessor Parcel Number 2411-30-059-00-0010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,689

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Estate
  • Property SubType: Single Family Residence
  • Property Condition: MINT
  • Exclusions: Curtains/Drapes
  • Year Built: 1985
  • New Construction: No
  • Attribution Contact: 516-759-4800
  • Co List Office Mls Id: ONEGALE07
  • Co List Office Phone: 516-759-4800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Guest Quarters, Marble Bath, Marble Counters, Master Bath, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Garage Door Opener,Microwave,Refrigerator,Wall Oven,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • AtticDescription: See Remarks
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Cottage
  • Construction Materials: Brick
  • View: Panoramic
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5
  • SeparateHotwaterHeaterDetail: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Locust Valley Middle School

Lot Info

  • Lot Size Acres: 4.57
  • Lot Size Area: 4.57
  • Lot Dimensions: 4.57 Acre
  • Lot Size Sq Ft: 199156
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Cul-De-Sec, Private
  • Parcel Number: 2411-30-059-00-0010-0
  • Zoning Description: Res
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-06-22

Tax Info

  • Tax Annual Amount: 37689
  • Tax Block: 59
  • Tax Lot: 10
  • Tax Other Annual Assessment Amount: 2565
  • Tax Map Number: 2411-30-059-00-0010-0

MLS Schools

  • Elementary School: Ann Macarthur Primary School,Bayville Elementary School
  • High School: Locust Valley High School
  • Middle School District: Locust Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 19, 2023
Sold by
Cruz Ernesto and Cruz Austen Phillips
Bought by
12 The Courtyard Llc
Seller's Agent
Bonnie Devendorf
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Christina Teagle
Daniel Gale Sothebys Intl Rlty
List Price
$2,950,000
Sold Price
$4,000,000
Premium/Discount to List
$1,050,000
35.59%
Total Days on Market
7
Views
58
Current Estimated Value
$5,099,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,099,000
Avg. Annual Appreciation
-5.35%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Phillips Candace R
Bought by
Cruz Ernesto and Cruz Austen Phillips

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Clark Robert C and Clark Stephanie G
Bought by
Phillips Candace R

Purchase Details

Closed on
Jul 26, 2000
Sold by
Hunt Peter K
Bought by
Clark Robert C

Range of Values:

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Average Value
Not Available
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
12 The Courtyard Llc $4,000,000 First American Title Ins Co
12 The Courtyard Llc $4,000,000 First American Title Ins Co
Cruz Ernesto $2,000,000 First American Title
Cruz Ernesto $2,000,000 First American Title
Phillips Candace R $1,600,000 --
Phillips Candace R $1,600,000 --
Clark Robert C $2,475,000 C Lance Margolin
Clark Robert C $2,475,000 C Lance Margolin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 The Courtyard Llc $3,400,000
Previous Owner Cruz Ernesto $1,600,000
Previous Owner Cruz Ernesto $600,000
Previous Owner Cruz Austen Phillips $1,600,000
Previous Owner Phillips Candance R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $4,000,000 +35.6% $552 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $2,950,000 -- $407 / 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
2024 $12,998 $2,385 $1,106 $1,279
2023 $35,125 $2,250 $570 $1,680
2022 $35,125 $3,574 $1,106 $2,468
2021 $61,211 $3,574 $1,106 $2,468
2020 $55,216 $3,826 $3,226 $600
2019 $13,302 $4,091 $3,226 $865
2018 $33,978 $4,075 $0 $0
2017 $30,539 $4,075 $3,226 $849
2016 $42,504 $4,075 $3,226 $849
2015 $10,274 $4,075 $1,495 $2,580
2014 $10,274 $4,075 $1,495 $2,580
2013 $8,988 $3,773 $3,226 $547
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3476157

OneKey® MLS

APN: 2411-30-059-00-0010-0