NOT LISTED FOR SALE

Estimated Value: $1,675,428 - $2,266,000

5 Beds
3.5 Baths
4,500 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $1,575,000 $350 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,014/month

63 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Central Air
  • Sunquam Elementary School Rated A
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of December 2023

Welcome to 5 Cabriolet Lane in Melville, situated on one of the most sought-after blocks in the prestigious Half Hollow Hills school district. This exceptional property boasts a sprawling 1-acre lot complete with a pool, paver patio, and expansive yard space, perfect for creating lasting memories with family and friends. Step inside this contemporary and expanded layout to discover the grandeur of soaring high ceilings and a double-height entry, setting the tone for luxury living. The first floor of this magnificent home offers a perfect balance of elegance and comfort, featuring a spacious living room, a formal dining area, and a large family room complete with a wood-burning fireplace, ideal for cozy gatherings. The eat-in kitchen is a chef's dream, featuring a convenient walk-in pantry for all your storage needs. Additionally, the first floor includes a versatile bedroom and a full bathroom, providing excellent flexibility for guests or extended family members. There is also an additional powder room for added convenience. As you ascend to the second floor, you'll find an oversized primary suite that will leave you in awe. Complete with walk-in closets and a sprawling primary bathroom, this serene retreat offers a perfect sanctuary to unwind and rejuvenate. Three more generously sized bedrooms with ample closet space and a well-appointed hallway bathroom cater to the needs of every member of the household. Entertainment and recreation options abound, as this home offers a large finished basement with designated storage and office areas. Whether you're hosting a game night or working from home, this space is sure to impress. Practical updates make this home even more enticing. The AC and boiler are only 2 years old, ensuring comfort and efficiency. Additionally, the windows, siding, and roof are a mere 12 years old, offering peace of mind and added value. Don't miss this opportunity to own a slice of paradise in Melville, with a stunning 1-acre property and an array of luxurious features. Schedule your private tour of 5 Cabriolet Lane today and experience the best of Long Island living in the esteemed Half Hollow Hills school district.

Last Agent to Sell the Property

David Cohen

SRG Residential LLC Brokerage Phone: 516-774-2446 License #10401352246 Listed on: 07/24/2023

Last Buyer's Agent

Jessica Epstein

Compass Greater NY LLC License #10301214645

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,842

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Sunquam Elementary School
  • West Hollow Middle School
  • Half Hollow Hills High School East

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 15 / 0001
  • Assessor Parcel Number 0400-228-00-01-00-015-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,842

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1987
  • New Construction: No
  • Attribution Contact: 516-774-2446
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4500
  • AtticDescription: Partially Finished
  • SquareFootage: 4500.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • 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: Oil, Baseboard
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Indirect Tank

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: West Hollow Middle School

Lot Info

  • Lot Size Acres: 1
  • Lot Size Area: 1
  • Lot Dimensions: 1
  • Lot Size Sq Ft: 43560
  • Lot Size Units: Acres
  • Parcel Number: 0400-228-00-01-00-015-004
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 26842
  • Tax Block: 0001
  • Tax Lot: 15
  • Tax Map Number: 0400-228-00-01-00-015-004

MLS Schools

  • Elementary School: Sunquam Elementary School
  • High School: Half Hollow Hills High School East
  • Middle School District: Half Hollow Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Dec 5, 2023
Sold by
Cherkin Allan M and Cherkin Elizabeth R
Bought by
Schneider Benjamin and Schneider Rachel
Seller's Agent
David Cohen
SRG Residential LLC
Buyer's Agent
Jessica Epstein
Compass Greater NY LLC
List Price
$1,758,000
Sold Price
$1,575,000
Premium/Discount to List
-$183,000
-10.41%
Views
273
Current Estimated Value
$1,971,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,357
Avg. Annual Appreciation
13.85%
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schneider Benjamin $1,575,000 None Available
Schneider Benjamin $1,575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Benjamin $500,000
Previous Owner Cherkin Allan M $4,364
Previous Owner Cherkin Allan M $13,889
Previous Owner Cherkin Allan M $3,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $1,575,000 -7.4% $350 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $1,699,999 -3.3% $378 / Sq Ft
07/24/2023 07/24/23 For Sale $1,758,000 -- $391 / 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
2024 $27,277 $7,400 $1,000 $6,400
2023 $13,638 $7,575 $1,000 $6,575
2022 $26,340 $7,575 $1,000 $6,575
2021 $25,733 $7,575 $1,000 $6,575
2020 $25,458 $7,575 $1,000 $6,575
2019 $50,916 $0 $0 $0
2018 $23,076 $7,575 $1,000 $6,575
2017 $23,076 $7,575 $1,000 $6,575
2016 $22,608 $7,575 $1,000 $6,575
2015 -- $7,575 $1,000 $6,575
2014 -- $7,575 $1,000 $6,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3493051

OneKey® MLS

APN: 0400-228-00-01-00-015-004