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4 Mirrielees Circle
Great Neck, NY 11021
$2,948,888
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4950
Property Description
Find contemporary living in this modern, charming & spacious Tudor with many pleasant surprises! Nestled in a park-like property in the prestigous village of Great Neck Estates with an optimal school district, providing flexibility for north or south schools. This house was gutted out, fully renovated and expanded in 2007, leaving no details behind. Enter the foyer with vaulted ceilings and beautiful 5-year-old Italian marble floors leading to a Grand masterpiece kitchen with mosaic floors and granite countertops. Top-of-the-line stainless steel kitchen appliances, including a 72" two-door Subzero fridge/freezer, Wolf range with double ovens and two dishwashers. Kitchen island with bookshelves next to seating, a bar sink, microwave placed inside and hanging lights. Double sink with double faucets overlooking the lush green backyard. A wall of glass opens out to a grand backyard (with room to put in your own pool) for indoor and outdoor living and entertainment. Formal dining room with wood panels next to a large, shelved butler's pantry, charming living room with antiqued mirror walls, pristine wood-burning fireplace nestled in a modern marble mantle. A beautiful, bright home office/library already shelved to host your books. Cozy den/sunroom opening with doors to a patio, a heaven for relaxation! Powder room, sun-filled laundry room with high ceilings & a sink. A second stairway in the back of the house connects all three floors! The first-floor features radiant heating floors, Italian marble, granite, and mosaic porcelain, as well as oak hardwood flooring on the first and second floors. On the second floor, a double door entry opens to the primary suite with vaulted ceilings, a balcony overlooking the green backyard, skylights, his and her closets. Full bath with his and her sinks, a large shower, and a bathtub next to a portrait window! The spiral stairs in the primary bedroom will take you to 1500 sq.ft. of bright, chic, modern & spacious finished loft/stand-up attic with separate heating, high hats, and windows throughout, perfect for a yoga studio, office, playroom, or multiple linen closets for infinite storage. Four more additional bedrooms, one with its own bath, and a hallway bath with double sinks and a back stairway to connect to the first floor and the 2300 sq. ft bright basement foyer with high hats throughout, a fun living room with a wood-burning fireplace, a bedroom with a full bath, a gym with plenty of storage behind walls of mirrors, a state-of-the-art utility room, and a 2-car garage! All-new framing, plumbing, heating, and electric! Large rear extension with 4 floors, including a second stairway in the back of the house. All cast-iron and copper plumbing (no PVC), 15-zone heating (including separate zones for basement and attic). Back-up generator for the whole house! All bathrooms have radiant heating. Brand-new cast-iron radiators in all bedrooms (not forced air heating). Spray foam insulation throughout. Pella windows throughout. Central HVAC throughout, including basement and attic. Intercom throughout the house. Security system, Ring system. A two-car garage accessible from the basement ensures convenience year-round plus a Charging station for Tesla cars! Residents can enjoy the rural facilities, including private police, a seaside park, an Olympic swimming pool, indoor and outdoor tennis courts, boating dock facilities, and summer camps. Close to town, shopping, public transportation, and LIRR.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1929
MLS Number
3525334
Location
Address
4 Mirrielees Circle
City
Great Neck
State
NY
Zip Code
11021
County
NASSAU (NORTH)
Listing
Provider
Coldwell Banker American Homes, original listing
Name
Coldwell Banker American Homes
Phone
(866) 664-0347
Office Name
Coldwell Banker American Homes
Office Phone
(866) 664-0347
Agent Name
Soheila Eliaszadeh

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.