NOT LISTED FOR SALE

40 Cornwall Ln Port Washington, NY 11050

Estimated Value: $2,537,000 - $3,177,713

7 Beds
5.5 Baths
6,234 Sq Ft
$458/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $2,060,000 $330 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $17,417/month

548 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Private Lot
  • Manorhaven Elementary School Rated A
  • Deck
  • Ranch Style House

About This Home

As of May 2021

Exceptional residence ideally adaptable for multi-generational household with separate living quarters or even could be utilized as individual offices, each with access and vistas of the magnificent gardens. Nestled on extraordinary 1.8 acres of professional flowering shrubbery delighting the senses for all seasons. Deeded Water views of Manhasset Bay and glorious sunsets are reflected in the sparkling in-ground pool.

Last Agent to Sell the Property

Bonnie Doran

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 516-627-4440 License #30DO0785850 Listed on: 09/12/2019

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Linda Sgrizzi

BERKSHIRE HATHAWAY License #10301216330

BERKSHIRE HATHAWAY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,614

Year Built

  • Built in 1940

Lot Details

  • 1.8 Acre Lot
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Private Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • Cathedral Ceiling
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Schools

  • Manorhaven Elementary School
  • Carrie Palmer Weber Middle School
  • Paul D Schreiber Senio High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer Available

Listing and Financial Details

  • Exclusions: See Remarks
  • Legal Lot and Block 18 / F

Community Details

Overview

  • Association fees include sewer

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,614

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Exp Ranch
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Exclusions: See Remarks
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 516-627-4440
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Home Office, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • AtticDescription: Partial
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • Waterfront Features: Bay/Harbor
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Other, Water
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: None
  • Utilities: Sewer Available
  • Water Source: Public
  • GarbageRemoval: Public

Condo/Co-op/Association

  • HOA Fee Includes: Sewer
  • Senior Community: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Carrie Palmer Weber Middle School

Lot Info

  • Lot Size Acres: 1.8
  • Lot Dimensions: 1.8
  • Lot Size Sq Ft: 78408
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec, Private
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 64614.23
  • Tax Block: F
  • Tax Lot: 18
  • Tax Other Annual Assessment Amount: 12728.74

MLS Schools

  • Elementary School: Manorhaven Elementary School
  • High School: Paul D Schreiber Senio High School
  • Middle School District: Port Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
May 11, 2021
Sold by
Kenneth L Wessel
Bought by
Samuel Victor T and Samuel Puja G
Seller's Agent
Bonnie Doran
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Linda Sgrizzi
BERKSHIRE HATHAWAY
List Price
$2,888,000
Sold Price
$2,060,000
Premium/Discount to List
-$828,000
-28.67%
Current Estimated Value
$2,804,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,908
Avg. Annual Appreciation
7.41%
Original Mortgage
$1,648,000
Outstanding Balance
$1,490,321
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,367,037

Purchase Details

Closed on
Feb 12, 2018
Sold by
Wessel Kenneth L
Bought by
Wessel Trust

Purchase Details

Closed on
Sep 28, 1999
Sold by
Anderson Harry B
Bought by
Wessel Kenneth L and Wessel Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Samuel Victor T $2,060,000 None Available
Samuel Victor T $2,060,000 None Available
Samuel Victor T $2,060,000 None Available
Wessel Trust -- --
Wessel Trust -- --
Wessel Trust -- --
Wessel Kenneth L $1,479,250 --
Wessel Kenneth L $1,479,250 --
Wessel Kenneth L $1,479,250 --
Wessel Kenneth L $1,479,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel Victor T $1,648,000
Closed Samuel Victor T $1,648,000
Previous Owner Wessel Kenneth L $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $2,060,000 -7.4% $330 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
10/15/2020 10/15/20 Price Changed $2,225,000 -10.8% $357 / Sq Ft
10/18/2019 10/18/19 Price Changed $2,495,000 -13.6% $400 / Sq Ft
09/12/2019 09/12/19 For Sale $2,888,000 -- $463 / 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 $31,953 $1,866 $912 $954
2024 $3,275 $1,777 $888 $889
2023 $34,918 $1,854 $927 $927
2022 $34,918 $2,291 $1,145 $1,146
2021 $47,527 $2,237 $1,118 $1,119
2020 $51,885 $5,219 $3,035 $2,184
2019 $48,900 $5,219 $3,035 $2,184
2018 $48,900 $5,219 $0 $0
2017 $39,964 $5,219 $3,035 $2,184
2016 $46,693 $5,219 $3,035 $2,184
2015 $6,694 $5,219 $3,035 $2,184
2014 $6,694 $5,219 $3,035 $2,184
2013 $6,371 $5,219 $3,035 $2,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3163938

OneKey® MLS

APN: 2251-04-F-00-0018-0