Pankaj Dubey and Anamika Dubey bought a five-bedroom, four-bath home at 37001 N. Fernview Lane in Grandwood Park from Beltway Capital LLC for $345,000 on June 11.

The property previously was acquired for $489,250 on May 2006. The 3,168-square-foot house was built in 1996 in the West of Hutchins Road neighborhood. It is located in the Deerpath of Grandwood subdivision.

Mr. Dubey is the director of commercial information management and technology at Abbott Laboratories.

He previously was the senior manager of marketing and sales operations and pharmaceutical products at the company. He also was senior manager of business development at Cognizant Technology Solutions.

He received his post-graduate diploma in production and operations management and industrial management at the National Institute of Industrial Engineering (1999).

Mr. Dubey also own a condo at 2914 Falling Waters Lane in Lindenhurst.

According to BlockShopper.com, there have been 63 home sales in Grandwood Park during the past 12 months, with a median sales price of $225,000.

Address: 37001 North Fernview Lane
Buyer(s): Dubey Pankaj and Dubey Anamika
Seller(s): Beltway Capital LLC
Sale date: Jun. 11, 2010