NOT LISTED FOR SALE

55 Somerset Dr S Great Neck, NY 11020

University Gardens-Russell Gardens Neighborhood

Estimated Value: $1,416,000 - $1,631,422

5 Beds
3 Baths
2,220 Sq Ft
$686/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,090,000 $491 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,773/month

Highlights

  • 9,600 Sq Ft lot
  • Ranch Style House
  • 2 Fireplaces
  • Lakeville Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2020

Spacious 5Br 3Bth Farm Ranch in University Gardens. Living Rm with Fireplace, Formal Dining Rm, Full Renovated Eat-In Kitchen, Hardwood Floor Throughout. 3 Bedrooms 2 Baths on the 1st Floor. 2 Bedrooms 1 Bath on the 2nd Floor. Full Finished Basement. 1-Car Attached Garage. University Gardens Community Pool and Tennis Club. 0.2mi to N20, N21 Bus Lines. Lakeville Elementary, Great Neck South Middle & High Schools. OPEN HOUSE BY APPOINTMENT ONLY., Additional information: Appearance:Excellent,Business Located At:,Rental Income:

Last Agent to Sell the Property

Jennifer Lo

Daniel Gale Sothebys Intl Rlty License #10301203826 Listed on: 02/29/2020

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Reuyling Liu

B Square Realty License #10401321924

B Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,788

Year Built

  • Built in 1949

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80 x 120

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 210 / 104

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,788

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Fireplaces: 2
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 80 x 120
  • Lot Size Sq Ft: 9600
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 18787.94
  • Tax Block: 104
  • Tax Lot: 210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Oct 9, 2020
Sold by
Yeung
Bought by
Shih Kenny Ming and Olesen Amber Rang
Seller's Agent
Jennifer Lo
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Reuyling Liu
B Square Realty
List Price
$1,198,000
Sold Price
$1,090,000
Premium/Discount to List
-$108,000
-9.02%
Current Estimated Value
$1,523,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,711
Avg. Annual Appreciation
6.82%
Original Mortgage
$500,000
Outstanding Balance
$445,943
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,063,907

Purchase Details

Listed on
Mar 6, 2019
Closed on
Oct 2, 2019
Sold by
Chen Yan
Bought by
Yeung
Seller's Agent
Lin Pan
Lin Pan Realty Group LLC
Buyer's Agent
Charlene Shyu
AAA Young Shuen Realty Inc
List Price
$1,290,000
Sold Price
$1,130,000
Premium/Discount to List
-$160,000
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.47%
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
Shih Kenny Ming -- None Available
Yeung $1,130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shih Kenny Ming $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $1,090,000 -- --
12/10/2024 12/10/24 Off Market $1,130,000 -- --
10/09/2020 10/09/20 Sold $1,090,000 -9.0% $491 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $1,198,000 +6.0% $540 / Sq Ft
10/02/2019 10/02/19 Sold $1,130,000 -12.4% $509 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $1,290,000 -- $581 / 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 $7,861 $1,232 $676 $556
2024 $7,861 $1,232 $676 $556
2023 $22,103 $1,232 $676 $556
2022 $22,103 $1,197 $676 $521
2021 $20,510 $1,130 $620 $510
2020 $18,788 $1,571 $1,517 $54
2019 $17,743 $1,649 $1,592 $57
2018 $17,743 $1,649 $0 $0
2017 $10,640 $1,649 $1,592 $57
2016 $16,914 $1,649 $1,439 $210
2015 $5,958 $1,649 $1,439 $210
2014 $5,958 $1,649 $1,439 $210
2013 $6,188 $1,824 $1,592 $232
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lo

    Seller's Agent in 2020

    Jennifer Lo

    Daniel Gale Sotheby's

    (516) 376-9212

    7 in this area

    29 Total Sales

    Jennifer Lo
    Section Image

  • R

    Buyer's Agent in 2020

    Reuyling Liu

    B Square Realty

    2 in this area

    3 Total Sales

    Reuyling Liu
    Section Image
  • Lin Pan

    Seller's Agent in 2019

    Lin Pan

    Lin Pan Realty Group LLC

    (917) 902-8853

    4 in this area

    84 Total Sales

    Lin Pan
    Section Image
  • Yang Yang

    Seller Co-Listing Agent in 2019

    Yang Yang

    Lin Pan Realty Group LLC

    (646) 408-5918

    1 in this area

    17 Total Sales

    Yang Yang
    Section Image

  • C

    Buyer's Agent in 2019

    Charlene Shyu

    AAA Young Shuen Realty Inc

    4 Total Sales

    Charlene Shyu
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3203848

OneKey® MLS

APN: 2289-02-104-00-0210-0

New York Nassau County Great Neck 11020 University Gardens-Russell Gardens

55 Somerset Dr S, Great Neck, NY

This home is located at 55 Somerset Dr S, Great Neck, NY 11020 since 29 February 2020 and is currently estimated at $1,523,711, approximately $686 per square foot. This property was built in 1949. 55 Somerset Dr S 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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