NOT LISTED FOR SALE

502 Cornwell Ave Malverne, NY 11565

Estimated Value: $1,075,487 - $1,579,000

4 Beds
3.5 Baths
2,302 Sq Ft
$577/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $749,000 $325 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,982/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of January 2021

Almost new construction! Built Brand New in 1999. Rare find in Malverne! Don't miss it! Over 2300sqft, Full 4 bedrooms, 2 baths upstairs including a master suite with cathedral ceilings, walk in closet and master bath, whirlpool tub and separate shower. First floor open floor plan with eat in kitchen, formal dining, den, living room, 1/2 bath and legal full finished basement with high ceilings and 3rd full bath. Granite counters, hardwood floors, high hats, New water heater and A/C condensers. SD13. Close to all-Village shopping and train. Taxes have not been grieved.

Last Agent to Sell the Property

Brian Lewis

EXP Realty Brokerage Phone: 888-276-0630 License #10401302208 Listed on: 09/28/2020

EXP Realty

Last Buyer's Agent

Brian Lewis

EXP Realty Brokerage Phone: 888-276-0630 License #10401302208 Listed on: 09/28/2020

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,591

Year Built

  • Built in 1999

Lot Details

  • 5,724 Sq Ft Lot
  • Lot Dimensions are 52x96
  • West Facing Home
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Blown Fiberglass Insulation
  • Vinyl Siding

Interior Spaces

  • 2,302 Sq Ft Home
  • Cathedral Ceiling
  • Double Pane Windows
  • Insulated Doors
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • James A Dever Elementary School
  • Valley Stream North High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 161 / 27
  • Assessor Parcel Number 2027-37-027-00-0161-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,591

Year Built

Built in 1999

Lot Details

5,724 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1999
  • New Construction: No
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Granite Counters, Living Room/Dining Room Combo, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Door Features: Insulated Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Ceiling Fan,Dishwasher,Dryer,Microwave,Refrigerator,Wall to Wall Carpet,Washer,Whirlpool Tub
  • Total Bedrooms: 4
  • Living Area: 2302
  • Window Features: Double Pane Windows
  • AtticDescription: Full,Pull Stairs
  • SquareFootage: 2302.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: West
  • Construction Materials: Brick, Fiberglass Insulation, Frame, Vinyl Siding
  • Fencing: Back Yard
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 52x96
  • Lot Size Sq Ft: 5724
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 2027-37-027-00-0161-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2020-12-15

Tax Info

  • Tax Annual Amount: 18590.68
  • Tax Block: 27
  • Tax Lot: 161
  • Tax Other Annual Assessment Amount: 6391.14
  • Tax Map Number: 2027-37-027-00-0161-0
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: James A Dever School
  • High School: Valley Stream North High School
  • Middle School District: Valley Stream - 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jan 19, 2021
Sold by
Fage Brian and Fage Kristen
Bought by
Russell Michelle A and Miura Elizabeth D
Seller's Agent
Brian Lewis
EXP Realty
Buyer's Agent
Brian Lewis
EXP Realty
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,327,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,244
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Savastano Robert P and Savastano Jeanette S
Bought by
Fage Brian and Fage Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2011
Sold by
Savastano Jeanette S
Bought by
Savastano Robert P and Savastano Jeanette S

Purchase Details

Closed on
Jul 1, 1999
Sold by
Vision Properties
Bought by
Savastano Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 15, 1998
Sold by
Contardo Anthony and Contardo Barbara
Bought by
Vision Properties
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
Russell Michelle A $749,000 None Available
Fage Brian $520,000 --
Savastano Robert P -- --
Savastano Jeanette $333,000 Lawyers Title Insurance Corp
Vision Properties $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fage Brian $390,000
Previous Owner Savastano Jeanette $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $749,000 0.0% $325 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $749,000 -- $325 / Sq Ft
Source: OneKey® MLS

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 $13,729 $797 $218 $579
2024 $1,676 $797 $218 $579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3256411

OneKey® MLS

APN: 2027-37-027-00-0161-0

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