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16 Cornell Drive

16 Cornell Drive, Great Neck, NY 11020
Sold May 02, 2016
$845,000
$618,750 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2046
Sold Jul 10, 2001
$416,000
16 Cornell Drive in Great Neck, NY was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16 Cornell Drive has 2,560 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 608 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 6,200 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 220 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Apr 15, 2016 for $845,000. That's $330.08 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2001 for $416,000. 16 Cornell Drive was last assessed in 2023. The total value of the property was assessed at $1,185. Specifically, the land the property is located on was valued at $473. While improvements on the property were assessed at a total of $712. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,621. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 608
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,200
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF DEEPDALE MANOR
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 007

Ownership

  • Current Owner : CHENG MEI SUM
  • Current Owner 2: LEE PING CHING
  • Previous Owner : STEIGMAN MARILOU
  • Owner Before Previous Owner: FURNARI BEATRICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Neck Union Free School District
  • School Tax School District: 007
  • Census Tract: 300800

Geography

  • District: 282289
  • Section: 2
  • Parcel: 02-283-02-0247
  • Block: 283-02
  • Lot: 247-248
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7672
  • Longitude: -73.7211

    Address

  • Full Address: 16 Cornell Dr
  • Address - House Number: 16
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C028
  • 4-Digit Zip Code: 1125
  • Zip Code: 11020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,621
  • Tax Rate Code Area: 826

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,485,582
  • High Value: 1,725,312
  • Low Value: 1,245,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $618,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 02, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $618,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $1,185,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,185
  • Assessed Land Value: $473
  • Assessed Improvements Value: $712

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: May 02, 2016
  • Current Sale Transaction ID: 1561150403
  • Current Sale Price: $845,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201600042597
  • Previous Sale Recording Date: Jul 10, 2001
  • Previous Sale Contract Date: Jun 08, 2001
  • Previous Sale Amount: $416,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 02, 2016
  • First Mortgage Loan Amount: $618,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Great Neck



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Frequently Asked Questions

What neighborhood is 16 Cornell Drive located in?
The 16 Cornell Drive is a located in the neighborhood of University Gardens in Great Neck, Great Neck.
What is the average sales price for listings in 16 Cornell Drive?
The average sales price for units in 16 Cornell Drive is $0 currently.

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