NOT LISTED FOR SALE

1016 Park Ln N Franklin Square, NY 11010

Franklin Square Neighborhood

Estimated Value: $1,316,039 - $1,374,000

5 Beds
4 Baths
3,300 Sq Ft
$408/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $870,000 $264 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,955/month

178 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Skylights

About This Home

As of March 2020

Stunningly Beautiful Absolutely Massive Home in Franklin Square !!! It features Trey Ceilings Thru out ,Spacious Rooms,Chef Kitchen with all the Upgrades Imaginable,Formal Dining Room andf Living Room, Two Master Bedrooms one with 10x10 four piece Full Bathroom, Three Additional Full Baths and Four Additional Bedrooms, Full Finished Basement with Access to Outside A Backyard Made for Entertaining. Two Car Garage and Private Driveway!! Perfect Dream Home!!!, Additional information: Appearance:Excellent,Business Located At:,Rental Income:,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Farieda Gulmohamad

Beba Realty Inc License #10311203917 Listed on: 04/26/2019

Co-Listed By

Wazir Hanif

Beba Realty Inc License #10401207465

Last Buyer's Agent

Mohammad Khan

Winzone Realty Inc License #10401254317

Winzone Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,802

Year Built

  • Built in 1999

Lot Details

  • 8,000

Parking

  • Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • Skylights
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • Porch
  • 8,000 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 19 / 534

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,802

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1999
  • Co List Office Mls Id: KEYBEBA01
  • Co List Office Phone: 718-468-7000
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 3300
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Porch

Garage/Parking

  • Parking Description: Detached, Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: .184
  • Lot Size Sq Ft: 8000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 24802
  • Tax Block: 534
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Feb 28, 2020
Sold by
Pannullo Frank and Pannullo Elena
Bought by
Islam Raveena and Ali Britni
Seller's Agent
Farieda Gulmohamad
Beba Realty Inc
Buyer's Agent
Mohammad Khan
Winzone Realty Inc
List Price
$999,000
Sold Price
$870,000
Premium/Discount to List
-$129,000
-12.91%
Current Estimated Value
$1,327,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,635
Avg. Annual Appreciation
8.68%
Original Mortgage
$693,000
Outstanding Balance
$616,382
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$752,136

Purchase Details

Closed on
Aug 4, 1997
Sold by
Busick Edward and Busick Marion
Bought by
Pannullo Frank and Pannullo Elena
Source: Public Records

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
Islam Raveena $870,000 Fidelity National Title Ins
Pannullo Frank $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Raveena $693,000
Previous Owner Pannullo Frank $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $870,000 -- --
03/02/2020 03/02/20 Sold $870,000 -6.4% $264 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/21/2019 09/21/19 Price Changed $929,000 -3.1% $282 / Sq Ft
07/17/2019 07/17/19 Price Changed $959,000 -1.6% $291 / Sq Ft
05/22/2019 05/22/19 Price Changed $974,990 -2.4% $295 / Sq Ft
04/26/2019 04/26/19 For Sale $999,000 -- $303 / 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 $7,462 $857 $215 $642
2024 $7,462 $827 $215 $612
2023 $19,527 $783 $204 $579
2022 $19,527 $827 $215 $612
2021 $28,468 $924 $240 $684
2020 $28,240 $1,702 $561 $1,141
2019 $9,193 $1,702 $561 $1,141
2018 $16,984 $1,702 $0 $0
2017 $15,313 $1,702 $561 $1,141
2016 $23,789 $1,702 $561 $1,141
2015 $7,890 $1,702 $561 $1,141
2014 $7,890 $1,702 $561 $1,141
2013 $7,794 $1,702 $561 $1,141
Source: Public Records

Agents Affiliated with this Home

  • Farieda Gulmohamad

    Seller's Agent in 2020

    Farieda Gulmohamad

    Beba Realty Inc

    (516) 567-3300

    21 Total Sales

    Section Image
  • Wazir Hanif

    Seller Co-Listing Agent in 2020

    Wazir Hanif

    Beba Realty Inc

    (718) 468-7000

    28 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Mohammad Khan

    Winzone Realty Inc

    (516) 517-2400

    1 in this area

    10 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3122734

OneKey® MLS

APN: 2089-35-534-00-0019-0

New York Nassau County Franklin Square 11010 Franklin Square

1016 Park Ln N, Franklin Square, NY

This home is located at 1016 Park Ln N, Franklin Square, NY 11010 since 26 April 2019 and is currently estimated at $1,345,020, approximately $407 per square foot. This property was built in 1999. 1016 Park Ln N is a home located in Nassau County with nearby schools including Cheder at the Ohel.

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