NOT LISTED FOR SALE

1 Cedar Ln Port Washington, NY 11050

Estimated Value: $2,708,429 - $3,293,000

1.61 Acres
$1,863,798 Price per Acre
70,132 Sq Ft Lot

Last Sold December 28, 2020

Last sale price $1,575,000 $504 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $19,356/month

114 Days on Market

Highlights

  • Beach Access
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Manorhaven Elementary School Rated A
  • Panoramic View

About This Lot

As of December 2020

Waterfront Opportunity!! Enjoy forever waterfront vistas of Manhasset Bay. Nature lovers can enjoy 1.61 flat acres and lush poolside setting just 35 minutes from Manhattan via the LIRR. Renovate existing home or build your dream home in beautiful Sands Point where tranquility abounds! Obtaining permits for new bulkhead. Beach and Mooring Rights., Additional information: Appearance:excellent,Business Located At:,Interior Features:Guest Quarters,Rental Income:,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Patricia Bischoff

Douglas Elliman Real Estate Brokerage Phone: 516-759-0400 License #40BI0828302 Listed on: 06/24/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Patricia Bischoff

Douglas Elliman Real Estate Brokerage Phone: 516-759-0400 License #40BI0828302 Listed on: 06/24/2020

Douglas Elliman Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $66,792

Lot Details

  • 1.61 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot

Property Views

  • Panoramic Views

Outdoor Features

  • Beach Access
  • Water Access

Schools

  • Carrie Palmer Weber Middle School
  • Paul D Schreiber Senio High School

Utilities

  • Cesspool
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 127 / F

Property Details

Property Type

Land

Est. Annual Taxes

$66,792

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Development Status: Cleared, Finished Lot(s)
  • Attribution Contact: 516-759-0400
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Bay/Harbor, Beach Access, Water Access, Waterfront
  • Road Frontage Type: Country Road
  • View: Panoramic
  • View YN: Yes
  • FloodZoneReportYN: 0

Utilities

  • Sewer: Septic Tank, Cesspool
  • Utilities: Cable Available, Electric Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: Curbs

Schools

  • Middle School: Carrie Palmer Weber Middle School

Lot Info

  • Lot Size Acres: 1.61
  • Lot Dimensions: 1.61 acres
  • Lot Size Sq Ft: 70132
  • Lot Size Units: Acres
  • Lot Features: Cleared, Views, Waterfront, Level, Rolling Slope
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2020-12-15

Tax Info

  • Tax Annual Amount: 66791.98
  • Tax Block: F
  • Tax Lot: 127
  • Tax Other Annual Assessment Amount: 12913.98

MLS Schools

  • High School: Paul D Schreiber Senio High School
  • Middle School District: Port Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Dec 28, 2020
Sold by
Bischoff Lisa
Bought by
Shirian Aaron and Shirian Laila
Seller's Agent
Patricia Bischoff
Douglas Elliman Real Estate
Buyer's Agent
Patricia Bischoff
Douglas Elliman Real Estate
List Price
$2,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$1,175,000
-42.73%
Current Estimated Value
$3,000,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,425,715
Avg. Annual Appreciation
14.00%
Original Mortgage
$1,260,000
Outstanding Balance
$1,121,776
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,878,939
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shirian Aaron $1,575,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirian Aaron $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $1,575,000 -- --
12/28/2020 12/28/20 Sold $1,575,000 0.0% $504 / Sq Ft
12/28/2020 12/28/20 Sold $1,575,000 -30.0% $504 / Sq Ft View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
10/16/2020 10/16/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $2,250,000 0.0% $720 / Sq Ft
09/28/2020 09/28/20 Price Changed $2,250,000 -9.8% $720 / Sq Ft
08/10/2020 08/10/20 Price Changed $2,495,000 0.0% $798 / Sq Ft
08/10/2020 08/10/20 Price Changed $2,495,000 -9.3% $798 / Sq Ft
06/24/2020 06/24/20 For Sale $2,750,000 0.0% $879 / Sq Ft
03/20/2020 03/20/20 Price Changed $2,750,000 -5.0% $879 / Sq Ft
02/18/2020 02/18/20 For Sale $2,895,000 -- $926 / 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
2025 $43,432 $2,419 $1,551 $868
2024 $4,515 $2,618 $1,679 $939
2023 $38,087 $2,700 $1,731 $969
2022 $38,087 $4,088 $2,621 $1,467
2021 $62,960 $4,134 $2,621 $1,513
2020 $63,007 $5,456 $5,399 $57
2019 $51,120 $5,456 $5,399 $57
2018 $51,120 $5,456 $0 $0
2017 $41,779 $5,456 $5,399 $57
2016 $48,814 $5,456 $5,399 $57
2015 $6,998 $5,456 $5,399 $57
2014 $6,998 $5,456 $5,399 $57
2013 $6,661 $5,456 $5,399 $57
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patricia Bischoff

    Douglas Elliman Real Estate

    (516) 721-4739

    2 in this area

    14 Total Sales

    Patricia Bischoff
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Map

Source: OneKey® MLS

MLS Number: KEY3225567

OneKey® MLS

APN: 2251-04-F-00-0127-0

New York Nassau County Port Washington 11050

1 Cedar Ln, Port Washington, NY

Not Listed for Sale

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