Seller's Agent in 2021
Lorraine Downey
Compass Greater NY LLC
(516) 449-2739
1 in this area
5 Total Sales
107 Lake Rd Manhasset, NY 11030
Plandome Manor NeighborhoodEstimated Value: $5,164,080
6
Beds
6.5
Baths
--
Sq Ft
1.32
Acres
Highlights
- Beach Front
- Docks
- Rooftop Deck
- Manhasset Secondary School Rated A+
- In Ground Pool
- Sauna
About This Home
As of April 2021Step inside this sun drenched Hamptons style showplace which offers stunning architectural details & finishes that sets a new standard for luxury No detail has been missed in this newly completely rebuilt & expanded 6 bedroom, 6.5 bath residence with its own private sandy beach on 1.32 acres of prime Manhasset Bay waterfront. Imagine breathtaking sunsets with panoramic vistas from any of the gorgeous principal entertaining spaces. Be mesmerized by the property which is truly a tranquil retreat offering a 22 x 42 heated inground salt water pool & spa, a summer kitchen, multiple terraces including one w a cozy outdoor fireplace This custom state of the art smart home offers 11 zones of radiant heat, 5 fireplaces,newly built 250 ft dock & stone sea wall, 10 ft plus ceilings, sonos sound sytem water filtration system, Central Air Conditioning, Security System w cameras,bespoke cabinetry,a true gourmet kitchen with a La Cornue Range & much more.Over 7800 sq ft of luxury on 3 open levels .
Last Agent to Sell the Property
Compass Greater NY LLC Brokerage Phone: 516-627-2800 License #10401335469 Listed on: 08/05/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $59,300
Year Built
- Built in 1908 | Remodeled in 2015
Lot Details
- 1.32 Acre Lot
- Beach Front
- Property Fronts a Bay or Harbor
- Back Yard Fenced
- Level Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Nantucket Architecture
- Shake Siding
- Stone Siding
- Cedar
Interior Spaces
- 3-Story Property
- Cathedral Ceiling
- 5 Fireplaces
- New Windows
- Entrance Foyer
- Formal Dining Room
- Home Office
- Storage
- Sauna
- Finished Basement
- Walk-Out Basement
- Home Security System
- Property Views
Kitchen
- Eat-In Kitchen
- Marble Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Powder Room
Outdoor Features
- In Ground Pool
- Docks
- Balcony
- Rooftop Deck
- Patio
- Porch
Schools
- Shelter Rock Elementary School
- Manhasset Middle School
- Manhasset Secondary High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cesspool
Community Details
- Park
Listing and Financial Details
- Legal Lot and Block 27 & 321 / 182
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2020
Closed on
Apr 23, 2021
Sold by
Assad Edward and Assad Alicia
Bought by
Chan Karen Li and Chan Fei
Seller's Agent
Lorraine Downey
Compass Greater NY LLC
Buyer's Agent
Rosalyn Meyer
Daniel Gale Sothebys Intl Rlty
List Price
$8,498,000
Sold Price
$6,780,000
Premium/Discount to List
-$1,718,000
-20.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,615,920
Avg. Annual Appreciation
-6.53%
Original Mortgage
$2,800,000
Outstanding Balance
$2,613,285
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$2,414,644
Purchase Details
Closed on
Sep 13, 2010
Sold by
Simon Daniel M and Simon Barbara
Bought by
Assad Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 2003
Sold by
Simon Daniel
Purchase Details
Closed on
Mar 26, 1998
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chan Karen Li | $6,780,000 | None Available | |
| Assad Edward | $3,300,000 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chan Karen Li | $2,800,000 | |
| Previous Owner | Assad Edward | $2,300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $6,780,000 | -7.1% | -- |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- |
| 12/03/2020 12/03/20 | Price Changed | $7,298,000 | -8.8% | -- |
| 09/24/2020 09/24/20 | Price Changed | $7,998,000 | -5.9% | -- |
| 08/05/2020 08/05/20 | For Sale | $8,498,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $14,760 | $3,722 | $2,178 | $1,544 |
| 2024 | $14,760 | $3,722 | $2,178 | $1,544 |
| 2023 | $45,013 | $3,722 | $2,178 | $1,544 |
| 2022 | $45,013 | $3,722 | $2,178 | $1,544 |
| 2021 | $39,173 | $4,397 | $1,634 | $2,763 |
| 2020 | $71,152 | $7,821 | $3,925 | $3,896 |
| 2019 | $72,568 | $8,777 | $4,405 | $4,372 |
| 2018 | $72,568 | $8,777 | $0 | $0 |
| 2017 | $30,269 | $5,533 | $4,405 | $1,128 |
| 2016 | $43,935 | $5,533 | $4,405 | $1,128 |
| 2015 | $13,008 | $5,533 | $4,405 | $1,128 |
| 2014 | $13,008 | $5,533 | $4,405 | $1,128 |
| 2013 | $12,403 | $5,533 | $4,405 | $1,128 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Downey
-
Rosalyn Meyer
Buyer's Agent in 2021
Rosalyn Meyer
Daniel Gale Sotheby's
(917) 887-2687
1 in this area
77 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3240021
APN: 2237-03-182-00-0027-0
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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