NOT LISTED FOR SALE

45 Drake Ln Manhasset, NY 11030

Flower Hill Neighborhood

Estimated Value: $4,357,360 - $4,453,000

6 Beds
7 Baths
6,100 Sq Ft
$722/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $3,600,000 $590 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $24,190/month

6 Days on Market

Highlights

  • New Construction
  • 0.86 Acre Lot
  • Cathedral Ceiling
  • South Salem Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of August 2021

Sitting On Almost An Acre Of Beautiful Flat Property In The Heart Of Flower Hill, This Lovingly Maintained Sprawling Ranch Home Offers Grand Scale Living Both Inside And Out. The Double Door Entry Leads To A Stunning Foyer And Oversized Principal Rooms, A Spacious & Sunny Eat-In-Kitchen, And Large Family Room With Panoramic Views Of The Backyard, A Fireplace And A Hidden Cocktail Bar.

Last Agent to Sell the Property

Irene Rallis

Douglas Elliman Real Estate Brokerage Phone: 516-627-2800 License #10301207062 Listed on: 10/06/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Sold Privately

Sold Privately

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,642

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 172x197
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Cedar

Interior Spaces

  • 6,100 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Freezer
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 19 / 155
  • Assessor Parcel Number 2207-05-155-00-0019-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,642

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: NEW CONSTR
  • Levels: Two
  • Year Built: 2020
  • New Construction: Yes
  • Attribution Contact: 516-627-2800
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Home Office, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Central Vacuum,Dishwasher,Dryer,Freezer,Refrigerator,Washer,Wine Cooler
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 6100
  • AtticDescription: Full,Unfinished
  • SquareFootage: 6100.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Cedar, Stone
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 4
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Carrie Palmer Weber Middle School

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Dimensions: 172x197
  • Lot Size Sq Ft: 37401
  • Lot Size Units: Acres
  • Parcel Number: 2207-05-155-00-0019-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Block: 155
  • Tax Lot: 19
  • Tax Map Number: 2207-05-155-00-0019-0
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: South Salem 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
Oct 6, 2020
Closed on
Aug 17, 2021
Sold by
Manhasset Developers Llc
Bought by
Salloum Basel and Salloum Effie
Seller's Agent
Irene Rallis
Douglas Elliman Real Estate
Buyer's Agent
Sold Privately
Sold Privately
List Price
$3,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$200,000
-5.26%
Current Estimated Value
$4,405,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,180
Avg. Annual Appreciation
6.33%
Original Mortgage
$600,000
Outstanding Balance
$544,721
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,079,748

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 18, 2019
Sold by
45 Drake Lane Corp
Bought by
Manhasset Dev Llc
Seller's Agent
Kathleen McCarthy
Compass Greater NY LLC
Buyer's Agent
Donna Rubertone
Daniel Gale Sothebys Intl Rlty
List Price
$999,000
Sold Price
$1,226,000
Premium/Discount to List
$227,000
22.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.15%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Schneider Scott
Bought by
45 Drake Lane Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 13, 2018
Sold by
Neil Pirozzi and Jack Pirozzi Estate
Bought by
Schneider Scott
Seller's Agent
Rula Baki
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Diane Garnjost
Coldwell Banker American Homes
List Price
$1,849,000
Sold Price
$1,600,000
Premium/Discount to List
-$249,000
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salloum Basel $3,600,000 Fidelity National Title
Salloum Basel $3,600,000 Fidelity National Title
Manhasset Dev Llc $1,226,000 Judicial Title
Manhasset Dev Llc $1,226,000 Judicial Title
45 Drake Lane Corp -- Security Title
45 Drake Lane Corp -- Security Title
Schneider Scott $1,600,000 None Available
Schneider Scott $1,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salloum Basel $600,000
Closed Salloum Basel $600,000
Previous Owner Salloum Basel $600,000
Previous Owner Manhasset Dev Llc $300,000
Previous Owner 45 Drake Lane Corp $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $1,600,000 -- --
08/17/2021 08/17/21 Sold $3,600,000 -5.3% $590 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $3,800,000 +210.0% $623 / Sq Ft
10/18/2019 10/18/19 Sold $1,226,000 +22.7% $387 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $999,000 -37.6% $315 / Sq Ft
12/13/2018 12/13/18 Sold $1,600,000 -5.8% $505 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $1,699,000 -8.1% $536 / Sq Ft
09/13/2018 09/13/18 For Sale $1,849,000 -- $584 / 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 $8,642 $2,592 $946 $1,646
2024 $8,642 $2,880 $1,051 $1,829
2023 $21,279 $1,964 $1,231 $733
2022 $21,279 $1,899 $1,388 $511
2021 $32,927 $1,854 $1,355 $499
2020 $28,922 $2,493 $2,286 $207
2019 $24,766 $2,493 $2,286 $207
2018 $24,766 $2,493 $0 $0
2017 $18,146 $2,493 $2,218 $275
2016 $23,686 $2,493 $2,218 $275
2015 $5,461 $2,570 $2,225 $345
2014 $5,461 $2,570 $2,225 $345
2013 $5,207 $2,570 $2,225 $345
Source: Public Records

Agents Affiliated with this Home

  • Irene Rallis

    Seller's Agent in 2021

    Irene Rallis

    Douglas Elliman Real Estate

    (516) 241-9848

    8 in this area

    183 Total Sales

    Irene Rallis
    Section Image

  • S

    Buyer's Agent in 2021

    Sold Privately

    Sold Privately

  • Kathleen McCarthy

    Seller's Agent in 2019

    Kathleen McCarthy

    Compass Greater NY LLC

    (516) 790-2195

    1 in this area

    55 Total Sales

    Kathleen McCarthy
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Donna Rubertone

    Daniel Gale Sotheby's

    Section Image
  • Rula Baki

    Seller's Agent in 2018

    Rula Baki

    Daniel Gale Sotheby's

    (516) 627-4440

    2 in this area

    30 Total Sales

    Rula Baki
    Section Image
  • Lisa Ferraro

    Seller Co-Listing Agent in 2018

    Lisa Ferraro

    Daniel Gale Sotheby's

    (516) 627-4440

    2 in this area

    42 Total Sales

    Lisa Ferraro
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3258891

OneKey® MLS

APN: 2207-05-155-00-0019-0

New York Nassau County Manhasset 11030 Flower Hill

45 Drake Ln, Manhasset, NY

This home is located at 45 Drake Ln, Manhasset, NY 11030 since 06 October 2020 and is currently estimated at $4,405,180, approximately $722 per square foot. This property was built in 2020. 45 Drake Ln is a home located in Nassau County with nearby schools including South Salem Elementary School, Carrie Palmer Weber Middle School, and Paul D. Schreiber Senior High School.

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