NOT LISTED FOR SALE

140 Cambridge Ave Garden City, NY 11530

Estimated Value: $2,268,110 - $2,505,000

4 Beds
2.5 Baths
2,880 Sq Ft
$829/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,770,000 $615 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $14,320/month

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Wood Flooring
  • Stratford Avenue School Rated A
  • Private Lot
  • 2 Fireplaces

About This Home

As of November 2020

Spectacular large colonial set on an oversized 100x157 lot in the Estates. This home has been meticulously updated and expanded to perfection. The main level offers a gracious EF leading to an oversized FLR w WBF flowing into the oversized FDR and beautiful family room, all overlook a beautifully landscaped rear yard. The FR features 10 foot tray ceilings, beautiful woodwork and a large gas FPL. An open concept breezeway leads you to large french doors opening to an expansive patio and the rear yard, or into the chef's kitchen with high end appliances, granite island and bespoke cabinetry. A large mudroom and half bath complete the 1st flr A grand staircase takes you to the 2nd flr, featuring a MBR with a large WIC and updated bath.3 addTL large sized BRs and an updated hall bath complete the 2nd fl.The bsmnt has 1350 addtl sq ft of living and work space, rm for guest suite, legal staircase to outdoors, Det 2 car gar completes this amazing offering.TOTAL SQ FT W BASEMNT IS 4230 SQ FT

Last Agent to Sell the Property

Kathleen Lucchesi

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-248-6655 License #10401256763 Listed on: 08/24/2020

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Patrick McCooey

Compass Greater NY LLC Brokerage Phone: 516-248-6655 License #10301218971

Last Buyer's Agent

Laura Wanamaker

Prime Properties Long Island License #10401324964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,322

Year Built

  • Built in 1938

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100x157
  • East Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Stratford Avenue Elementary School
  • Garden City Middle School
  • Garden City High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 601 / 491
  • Assessor Parcel Number 2011-33-491-00-0601-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,322

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Diamond
  • Levels: Three Or More
  • Year Built: 1938
  • New Construction: No
  • Attribution Contact: 516-248-6655
  • Co List Office Mls Id: ONECMPA05
  • Co List Office Phone: 516-517-4751
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Home Office, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Chandelier(s),Cook Top,Dishwasher,Dryer,Freezer,Front Gate,Garage Door Opener,Garage Remote,Light Fixtures,Refrigerator,Screens,Second Stove,Wall Oven,Washer,Wine Cooler
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2880
  • AtticDescription: Full
  • SquareFootage: 2880.00
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: East
  • Construction Materials: Frame, Brick, Cedar, Shake Siding
  • Fencing: Back Yard, Partial
  • Exterior Features: Balcony, Private Entrance, Sprinkler System
  • Patio and Porch Features: Patio, Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: Central Air, Ductless
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Garden City Middle School

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 100x157
  • Lot Size Sq Ft: 15612
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 2011-33-491-00-0601-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2020-11-20

Tax Info

  • Tax Annual Amount: 28322.27
  • Tax Block: 491
  • Tax Lot: 601
  • Tax Other Annual Assessment Amount: 8411.4
  • Tax Map Number: 2011-33-491-00-0601-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Stratford Avenue School
  • High School: Garden City High School
  • Middle School District: Garden City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 20, 2020
Sold by
Gallic Christopher H and Gallic Theresa
Bought by
Derechter Remco and Derechter Lindsey
Seller's Agent
Kathleen Lucchesi
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Laura Wanamaker
Prime Properties Long Island
List Price
$1,849,000
Sold Price
$1,770,000
Premium/Discount to List
-$79,000
-4.27%
Current Estimated Value
$2,386,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,555
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,416,000
Outstanding Balance
$1,257,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,129,394

Purchase Details

Closed on
Nov 14, 1996
Sold by
Overton Sim Lenore
Bought by
Gallic Chrostopehr Theresa
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
Derechter Remco $1,770,000 Chicago Title
Derechter Remco $1,770,000 Chicago Title
Derechter Remco $1,770,000 Chicago Title
Gallic Chrostopehr Theresa $535,000 --
Gallic Chrostopehr Theresa $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derechter Remco $1,416,000
Closed Derechter Remco $1,416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $1,770,000 -4.3% $615 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,849,000 -- $642 / 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 $21,652 $1,368 $569 $799
2024 $3,125 $1,449 $611 $838
2023 $21,825 $1,520 $641 $879
2022 $21,825 $1,449 $611 $838
2021 $28,017 $1,475 $588 $887
2020 $20,209 $2,006 $946 $1,060
2019 $3,328 $2,006 $946 $1,060
2018 $15,344 $2,006 $0 $0
2017 $13,716 $2,006 $946 $1,060
2016 $16,726 $2,006 $930 $1,076
2015 $2,898 $2,006 $930 $1,076
2014 $2,898 $2,006 $930 $1,076
2013 $2,784 $2,040 $946 $1,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3245624

OneKey® MLS

APN: 2011-33-491-00-0601-0