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15 Cumberland Avenue

15 Cumberland Avenue, Great Neck, NY 11020
House in Manhasset
Sold Jun 11, 2018
$820,000
$360,000 by Powerhouse Solutions Inc
Mortgage
Sold Jul 28, 2009
$525,000
$250,000 by Summit Mortgage Bankers Inc
Mortgage Due Aug 01, 2039
Local assessors in Great Neck, NY have categorized 15 Cumberland Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15 Cumberland Avenue has a total of 1,176 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 Cumberland Avenue sold most recently in May 30, 2018 for a total of $820,000. If you work out the math, that's approximately a cost of $697.28 per sqft. Before that, the property was also sold for $525,000 in Jul 9, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,703 in taxes each year. 15 Cumberland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $663. If we break it down further, the land itself was valued at $335. Improvements to the property, however, were assessed at a total of $328. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF PROPERTY PARCEL 352
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN #2 SCH DIST 007

Ownership

  • Current Owner : ZHANG YI LIANG
  • Current Owner 2: WANG YIYUE
  • Previous Owner : WU CHAOWEI
  • Previous Owner 2: YANG BO
  • Owner Before Previous Owner: ADJAKPLE PASCAL M
  • Owner Before Previous Owner 2: SAKAMOTO MICHIYO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Neck Union Free School District
  • School Tax School District: 007
  • Census Tract: 301800

Geography

  • District: 282289
  • Section: 2
  • Parcel: 02-112-00-0032
  • Block: 112
  • Lot: 32-34
  • Municipality: NORTH HEMPSTEAD UNINCORPORATED
  • Latitude: 40.7807
  • Longitude: -73.714

    Address

  • Full Address: 15 Cumberland Ave
  • Address - House Number: 15
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Great Neck
  • Carrier Code: C058
  • 4-Digit Zip Code: 1401
  • Zip Code: 11020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,703
  • Tax Rate Code Area: 736

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 921,228
  • High Value: 1,087,917
  • Low Value: 754,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: POWERHOUSE SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 11, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $663,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $663
  • Assessed Land Value: $335
  • Assessed Improvements Value: $328

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Transaction ID: 11473431196
  • Current Sale Price: $820,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2018-050975
  • Previous Sale Recording Date: Jul 28, 2009
  • Previous Sale Contract Date: Jul 09, 2009
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: POWERHOUSE SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 11, 2018
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • Previous Mortgage Transaction Date: Jul 28, 2009
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Manhasset



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Frequently Asked Questions

What neighborhood is 15 Cumberland Avenue located in?
The 15 Cumberland Avenue is a house located in the neighborhood of Manhasset in Manhasset, Great Neck.
What is the average sales price for listings in 15 Cumberland Avenue?
The average sales price for units in 15 Cumberland Avenue is $0 currently.

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