NOT LISTED FOR SALE

1042 Cedar Dr E New Hyde Park, NY 11040

Estimated Value: $1,159,000 - $1,277,279

3 Beds
2.5 Baths
1,980 Sq Ft
$615/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $1,090,000 $551 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,881/month

54 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • South Facing Home
  • Herricks High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Introducing the split-level home in the sought-after neighborhood of Manhasset Hills, This stunning residence offers 3-bedroom, 2.5-bath spacious layout with multiple levels of living space, providing the perfect blend of style and functionality. Step inside, you will be greeted by an inviting foyer that leads to a cozy living room with large floor to ceiling windows. An extended kitchen and dining area with skylight and nice view of backyards. The upper lever offers 3 bedrooms and 2 full bathrooms. The lower level offers additional living space, including a large family room with sliding door to the backyard and door to the attached garage as well as a half bath. There is also a convenient home office or guest room and a laundry room on this level. Located in the desirable Manhasset Hills neighborhood, this home is just a short drive away from world-class shopping, dining, and entertainment options. Plus, with easy access to major highways and transportation options, commuting to NYC or other destinations is a breeze. Property is being sold as is, in as is a condition with all contents in the home.

Last Agent to Sell the Property

Eric Li

East Coast REALTORS Inc License #10301218578 Listed on: 05/03/2023

Co-Listed By

Zhen Wu Li

East Coast REALTORS Inc License #10401296544

Last Buyer's Agent

Eric Li

East Coast REALTORS Inc License #10301218578 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,490

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x162
  • South Facing Home
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Denton Avenue Elementary School
  • Herricks Middle School
  • Herricks High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2289-09-607-00-0006-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,490

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Year Built: 1955
  • New Construction: No
  • Co List Office Mls Id: ONEARAK01
  • Co List Office Phone: 718-428-6888
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Living Area: 1980
  • AtticDescription: None
  • SquareFootage: 1980.00
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Herricks Middle School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 80X162
  • Lot Size Sq Ft: 10880
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 2289-09-607-00-0006-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-05-03

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 19490
  • Tax Map Number: 2289-09-607-00-0006-0

MLS Schools

  • Elementary 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
May 3, 2023
Closed on
Sep 20, 2023
Sold by
Liu Wen Dao and Ding Vivian Ying
Bought by
Gougol Nikou and Rayany Afshin
Seller's Agent
Eric Li
East Coast REALTORS Inc
Buyer's Agent
Eric Li
East Coast REALTORS Inc
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%
Views
143
Current Estimated Value
$1,218,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,140
Avg. Annual Appreciation
5.13%
Original Mortgage
$720,000
Outstanding Balance
$704,430
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$513,710

Purchase Details

Closed on
Feb 24, 1998
Sold by
Acehas Elizabeth
Bought by
Herman Bruce and Herman Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gougol Nikou $1,090,000 Millennium Abstract Corp
Gougol Nikou $1,090,000 Millennium Abstract Corp
Gougol Nikou $1,090,000 Millennium Abstract Corp
Gougol Nikou $1,090,000 Millennium Abstract Corp
Gougol Nikou $1,090,000 Millennium Abstract Corp
Herman Bruce $436,000 --
Herman Bruce $436,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gougol Nikou $720,000
Closed Gougol Nikou $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $1,090,000 -0.9% $551 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $1,100,000 -- $556 / 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 $17,913 $792 $395 $397
2024 $6,200 $920 $459 $461
2023 $19,490 $986 $492 $494
2022 $19,490 $986 $492 $494
2021 $18,352 $958 $478 $480
2020 $17,717 $936 $825 $111
2019 $13,009 $936 $825 $111
2018 $13,009 $936 $0 $0
2017 $7,254 $995 $780 $215
2016 $10,984 $1,053 $743 $310
2015 $3,961 $1,112 $784 $328
2014 $3,961 $1,112 $784 $328
2013 $3,951 $1,170 $825 $345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3475301

OneKey® MLS

APN: 2289-09-607-00-0006-0