NOT LISTED FOR SALE

Estimated Value: $1,818,637 - $2,013,000

5 Beds
4 Baths
3,085 Sq Ft
$621/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,820,000 $590 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,166/month

99 Days on Market

Highlights

  • Property is near public transit
  • Private Lot
  • Wood Flooring
  • Herricks High School Rated A+
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of February 2024

Welcome To 48 Royal Way Situated In The Prestigious Manhasset Hills. This Exceptional Recently Expanded Multi-Level Split Home Offers An Impressive Living Space. Boasting 5 Large Bedrooms (3 Master Bedrooms), Two With Vaulted Ceilings And 4 Nicely Updated Bathrooms, Two Of Them Brand New. VERY LOW TAXES (Shown Without STAR Exemption). This Move In Ready, Meticulously Maintained Home is located in the Highly Sought After And Renowned Herricks School District. Nice Large, Landscaped Property with Beautiful Mature Gardening In The Front And Pretty Arborvitae Trees In The Backyard. 3 Year Old Lennox Powerful, High Efficiency 21 SEER Two Zoned Central Air Conditioning Systems. Also Lennox High Efficiency Air Conditioning System In Basement. Upgraded 220 Amp Electrical Panel. Gas Cooking And Heating. High Efficiency Navien Tankless Hot Water/Heating System. Updated Star-Rated Vinyl Replacement Windows Throughout The House. Water Line Connected Avalon Filtered Water Cooler. Hihats Throughout the House. Wifi Controlled 6 Zone Sprinkler System. Large Sized Custom Built Storage Shed. Beautiful Large Metal Gazebo With Curtains In A Quiet and Private Backyard. Two Car Garage. Pavers In Driveway, Walkway And Back Patio. ADT Alarm System. Wifi Controlled Security Camera System. Vinyl PVC Fencing. Tesla EV Charger Installed in Driveway. Beautiful, Quiet Street With Great Neighbors.

Last Listed By

Ajmal Syed

Exit Realty Prime Brokerage Phone: 718-262-0205 License #10401328359 Listed on: 08/06/2023

Exit Realty Prime

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,477

Year Built

  • Built in 1958

Lot Details

  • 8,800 Sq Ft Lot
  • Lot Dimensions are 88x100
  • Back Yard Fenced
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,085 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Location

  • Property is near public transit

Schools

  • Center Street Elementary School
  • Herricks Middle School
  • Herricks High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 25 / 257
  • Assessor Parcel Number 2289-08-257-00-0025-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,477

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1958
  • New Construction: No
  • Attribution Contact: 718-262-0205
  • BuildingSize: 3085
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Tankless Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Granite Counters, Home Office, Living Room/Dining Room Combo, Master Bath, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Door Features: Insulated Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 3085
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
  • AtticDescription: See Remarks
  • SquareFootage: 3085.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick, Stucco
  • Fencing: Back Yard
  • Exterior Features: Sprinkler System
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone,See Remarks
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Herricks Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 88x100
  • Lot Size Sq Ft: 8800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 2289-08-257-00-0025-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-07

Rental Info

  • Lease Considered: No
  • Available Date: 2024-01-26

Tax Info

  • Tax Annual Amount: 17477.38
  • Tax Block: 257
  • Tax Lot: 25
  • Tax Map Number: 2289-08-257-00-0025-0

MLS Schools

  • Elementary School: Center Street School,Denton Avenue School
  • High School: Herricks High School
  • Middle School District: Herricks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Jan 26, 2024
Sold by
Syed Mashood and Syed Tanveer
Bought by
Zhang Lei and Xiao Yao
Seller's Agent
Ajmal Syed
Exit Realty Prime
Buyer's Agent
Tao Lu
United Real Estate Fortune
List Price
$1,888,888
Sold Price
$1,820,000
Premium/Discount to List
-$68,888
-3.65%
Total Days on Market
99
Views
284
Current Estimated Value
$1,915,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,819
Avg. Annual Appreciation
4.89%
Original Mortgage
$910,000
Outstanding Balance
$897,446
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$1,032,545

Purchase Details

Closed on
Oct 7, 2013
Sold by
Calio Anthony and Choniski Angela
Bought by
Syed Mashood and Syed Tanveer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Zhang Lei $1,820,000 Kct Abstract
Zhang Lei $1,820,000 Kct Abstract
Syed Mashood $670,000 --
Syed Mashood $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Lei $910,000
Closed Zhang Lei $910,000
Previous Owner Syed Mashood $600,000
Previous Owner Syed Mashood $620,000
Previous Owner Syed Mashood $400,000
Previous Owner Syed Mashood $127,000
Previous Owner Syed Mashood $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $1,820,000 -3.6% $590 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $1,888,888 -- $612 / 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 $5,678 $900 $447 $453
2023 $16,361 $938 $466 $472
2022 $16,361 $1,001 $497 $504
2021 $17,419 $850 $470 $380
2020 $17,285 $1,149 $1,148 $1
2019 $16,221 $1,231 $1,164 $67
2018 $16,418 $1,313 $0 $0
2017 $10,876 $1,382 $1,242 $140
2016 $16,423 $1,382 $1,242 $140
2015 $5,616 $1,382 $1,242 $140
2014 $5,616 $1,382 $1,242 $140
2013 $4,681 $1,382 $1,242 $140
Source: Public Records

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Source: OneKey® MLS

MLS Number: KEY3496132

OneKey® MLS

APN: 2289-08-257-00-0025-0