NOT LISTED FOR SALE

40 Cherry Ln Lynbrook, NY 11563

Estimated Value: $791,364 - $806,000

4 Beds
1.5 Baths
1,820 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $705,000 $387 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,353/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room
  • Lynbrook Senior High School Rated A
  • Den
  • 1 Car Attached Garage

About This Home

As of October 2024

Well-Maintained "True Colonial" home, a rare find in the Heart of Lynbrook. This charming residence offers Hardwood floors throughout with Full of Natural Lighting. The comfortable Living room creates a warm atmosphere connected to the Formal Dining room, perfect for hosting family gatherings. The beautiful, spacious Eat-In Kitchen with exterior side entrance leads directly to an all-fenced backyard and garage. Bonus room can be a library or kid's play room. All Four Bedrooms are on the 2nd floor included an enormous EnSuite with an expansive walk-in closet. A walk-up full-size attic provides extensive storage space. The Finished full-size Basement can be used as a recreational or exercise space. The property features inground sprinklers, Two Car Driveway and an attached Garage. Located close to shopping, transit, and in the center of three Schools (all walkable). Walking distance to the Lynbrook LIRR station. Don't miss the opportunity to make your Dream Home. ** Taxes Do Not Reflect Basic Star Rebate app. $1,500

Last Agent to Sell the Property

Sun Jeong Keum

JC Cornerstone Rlty & Mgmt LLC Brokerage Phone: 516-996-6625 License #10401270910 Listed on: 05/29/2024

Last Buyer's Agent

Steven Cameron

Signature Premier Properties License #10401241887

Signature Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,630

Year Built

  • Built in 1977

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 72x70

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Den
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Marion Street Elementary School
  • Lynbrook South Middle School
  • Lynbrook Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 67 / 115
  • Assessor Parcel Number 2025-42-115-00-0067-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,630

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1977
  • New Construction: No
  • Attribution Contact: 516-996-6625
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: A/C Units,Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 4
  • AtticDescription: Walkup
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Other, Brick
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Lynbrook South Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 72x70
  • Lot Size Sq Ft: 5250
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 2025-42-115-00-0067-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-09-20

Tax Info

  • Tax Annual Amount: 17629.93
  • Tax Block: 115
  • Tax Lot: 67
  • Tax Other Annual Assessment Amount: 5982.34
  • Tax Map Number: 2025-42-115-00-0067-0

MLS Schools

  • Elementary School: Marion Street School
  • High School: Lynbrook Senior High School
  • Middle School District: Lynbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Oct 1, 2024
Sold by
Keum Young Bok and Keum Pyung Soon
Bought by
Giordano Matthew and Giordano Julia
Seller's Agent
Sun Jeong Keum
JC Cornerstone Rlty & Mgmt LLC
Buyer's Agent
Steven Cameron
Signature Premier Properties
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
102
Current Estimated Value
$798,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,682
Avg. Annual Appreciation
10.07%
Original Mortgage
$564,000
Outstanding Balance
$556,955
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$241,727

Purchase Details

Closed on
Jan 28, 1998
Sold by
Schneider Harold
Bought by
Keum Bok Keum Pyung Soon
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
Giordano Matthew $705,000 Stewart Title Ins Company
Giordano Matthew $705,000 Multiple
Giordano Matthew $705,000 Stewart Title Ins Company
Giordano Matthew $705,000 Stewart Title Ins Company
Keum Bok Keum Pyung Soon $202,500 --
Keum Bok Keum Pyung Soon $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giordano Matthew $564,000
Closed Giordano Matthew $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $705,000 -2.8% $387 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $725,000 +2.8% $398 / Sq Ft
07/04/2024 07/04/24 Off Market $705,000 -- --
05/30/2024 05/30/24 For Sale $749,000 -- $412 / 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 $2,619 $494 $192 $302
2024 $787 $527 $205 $322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3555071

OneKey® MLS

APN: 2025-42-115-00-0067-0