NOT LISTED FOR SALE

502 Cornwell Ave Malverne, NY 11565

Estimated Value: $1,065,000 - $1,083,740

4 Beds
4 Baths
2,302 Sq Ft
$467/Sq Ft Est. Value

Last Sold January 19, 2021

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

Est. 43% increase in value since last sale

Current estimated payment $5,864/month

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.

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
$1,074,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,370
Avg. Annual Appreciation
8.09%

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 $202,000
Previous Owner Savastano Jeanette $25,000
Previous Owner Savastano Jeanette $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $1,676 $797 $218 $579
2024 $1,676 $797 $218 $579
2023 $12,997 $772 $218 $554
2022 $12,997 $772 $218 $554
2021 $12,925 $739 $209 $530
2020 $11,881 $928 $548 $380
2019 $1,450 $925 $419 $506
2018 $8,725 $1,211 $0 $0
2017 $10,631 $1,211 $548 $663
2016 $12,382 $1,211 $548 $663
2015 $1,798 $1,211 $548 $663
2014 $1,798 $1,211 $548 $663
2013 $1,650 $1,211 $548 $663
Source: Public Records

Agents Affiliated with this Home

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