NOT LISTED FOR SALE

40 Melbourne Rd Great Neck, NY 11021

University Gardens-Russell Gardens Neighborhood

Estimated Value: $1,845,000 - $2,023,989

5 Beds
3.5 Baths
3,825 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $1,580,000 $413 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,462/month

75 Days on Market

Highlights

  • Sauna
  • 25,300 Sq Ft lot
  • 1 Fireplace
  • Lakeville Elementary School Rated A+
  • Property is near public transit
  • Formal Dining Room

About This Home

As of August 2023

Great Neck. Spacious & Bright 5Br 3.5Bath Split Level on a 0.58 acre Lot in The Village of Russell Gardens. Great Layout & Flow. Hardwood Floor Throughout. Foyer, Living Rm w/Fireplace, Formal Dining Rm, Den, Eat-In Kitchen, Laundry Rm, Master Bedroom, Master Bath w/Jacuzzi & Sauna plus 3 Bedrooms, Hallway Bath & Powder Rm on the Main Level. Family Rm, Bedroom, Office w/OSE, Full Bth, 2-Car Garage on the Lower Level. Full Waterproof Basement, Partially Finished, Play Rm, Plenty of Storage Space, Separate Entrance. Gas Cooking & Heating, Central AC, Central Vacuum, Pella Windows. 3 Year Old Power Generator. Beautiful Backyard. Wide Driveway Leads to Garage & Roundabout Driveway on Front. Russell Gardens Village Park, Tennis Courts & Pool. Russell Gardens Association Maintenance Fee $1,400/Year. Zoned Lakeville School. Great Neck South School District. School Bus Runs on the Street. 0.2mi to n20, n21, n25, n26 buses. 0.5mi to LIRR Station., Additional information: Appearance:Excellent

Last Agent to Sell the Property

Jennifer Lo

Daniel Gale Sothebys Intl Rlty License #10301203826 Listed on: 03/09/2023

Daniel Gale Sothebys Intl Rlty

Co-Listed By

Tsung Mou Hsieh

Daniel Gale Sothebys Intl Rlty License #10301217043

Last Buyer's Agent

Jennifer Lo

Daniel Gale Sothebys Intl Rlty License #10301203826 Listed on: 03/09/2023

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,436

Year Built

  • Built in 1963

Lot Details

  • 0.58

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 3,825 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Sauna
  • Attic Fan
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Lakeville Elementary School
  • Great Neck South Middle School
  • Great Neck South High School

Utilities

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

Additional Features

  • Patio
  • 0.58 Acre Lot
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 13 / 359
  • Assessor Parcel Number 2247-02-359-00-0013-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,436

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Split Level
  • Property SubType: Single Family Residence
  • Levels: Multi/Split, Two
  • Year Built: 1963
  • Co List Office Mls Id: KEYGALE31
  • Co List Office Phone: 516-466-4036
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Gas Water Heater
  • Interior Amenities: Central Vacuum, Eat-in Kitchen, Entrance Foyer, Formal Dining, Primary Bathroom, Sauna, Walk-In Closet(s)
  • Fireplaces: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Spa Features: Bath
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 3825
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Cedar
  • Pool Private: No
  • Spa: Yes
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Attached, Garage Door Opener, Private

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating: Hot Water, Natural Gas
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: Generator

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Great Neck South Middle School

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 25300
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 2247-02-359-00-0013-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 36435.75
  • Tax Block: 359
  • Tax Lot: 13

MLS Schools

  • Elementary School: Lakeville Elementary School
  • High School: Great Neck South High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 14, 2023
Sold by
Jeng Dai Yun and Jeng Miji Wu
Bought by
Shen Suping
Seller's Agent
Jennifer Lo
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Jennifer Lo
Daniel Gale Sothebys Intl Rlty
List Price
$1,780,000
Sold Price
$1,580,000
Premium/Discount to List
-$200,000
-11.24%
Views
212
Current Estimated Value
$1,934,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,495
Avg. Annual Appreciation
10.43%
Source: Public Records

Range of Values:

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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
Shen Suping $1,580,000 Challenger Abstract Llc
Shen Suping $1,580,000 Challenger Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeng Dai Yun $371,426
Previous Owner Jeng Dai Yun $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $1,580,000 -6.0% $413 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $1,680,000 -5.6% $439 / Sq Ft
03/29/2023 03/29/23 For Sale $1,780,000 +12.7% $465 / Sq Ft
03/18/2023 03/18/23 Off Market $1,580,000 -- --
03/09/2023 03/09/23 For Sale $1,780,000 -- $465 / 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 $11,065 $1,563 $1,099 $464
2024 $11,065 $1,563 $1,099 $464
2023 $30,831 $1,563 $1,099 $464
2022 $30,831 $1,563 $1,099 $464
2021 $31,232 $1,546 $1,087 $459
2020 $32,457 $2,660 $1,810 $850
2019 $31,719 $3,024 $2,058 $966
2018 $33,724 $3,024 $0 $0
2017 $18,757 $3,024 $2,058 $966
2016 $30,081 $3,024 $2,058 $966
2015 $10,799 $3,024 $2,058 $966
2014 $10,799 $3,024 $2,058 $966
2013 $10,358 $3,024 $2,058 $966
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lo

    Seller's Agent in 2023

    Jennifer Lo

    Daniel Gale Sotheby's

    (516) 376-9212

    7 in this area

    29 Total Sales

    Jennifer Lo
    Section Image
  • Tsung Mou Hsieh

    Seller Co-Listing Agent in 2023

    Tsung Mou Hsieh

    Daniel Gale Sotheby's

    (347) 762-7253

    4 in this area

    58 Total Sales

    Tsung Mou Hsieh
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3463448

OneKey® MLS

APN: 2247-02-359-00-0013-0

New York Nassau County Great Neck 11021 University Gardens-Russell Gardens

40 Melbourne Rd, Great Neck, NY

This home is located at 40 Melbourne Rd, Great Neck, NY 11021 since 09 March 2023 and is currently estimated at $1,934,495, approximately $505 per square foot. This property was built in 1963. 40 Melbourne Rd is a home located in Nassau County with nearby schools including Lakeville Elementary School, Great Neck South Middle School, and Great Neck South High School.

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