NOT LISTED FOR SALE

1 Summit Cir Somers, NY 10589

Estimated Value: $843,986 - $889,000

4 Beds
2.5 Baths
2,639 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $620,000 $235 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,056/month

Highlights

  • Waterfront
  • Lake Privileges
  • Property is near public transit
  • North Salem Middle/High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2020

Early AO continue to show 8/24. Plus additional 1,168 sq.ft. finished walkout basement! For those who enjoy and appreciate the timeless architecture, style and layout of the American Colonial, here is a home you will love to live in, love to entertain in and love to grow in. At Summit Lake Estates, enjoy the benefits of a private and established lake community that enjoys its own playground, beach area and neighborhood BBQ's. Step into the entry hall and you just might have found your forever home. Crown moldings and wood flooring throughout accentuate the style of the home. The Living Room, Family Room with fireplace and Eat-in-Kitchen are wonderfully sized and the over-sized Bonus Room can be used as your office, playroom, guest room or whatever you need. There is a new master bathroom, new double wall oven, new furnace, hot water heater and recently installed french drain. Close to train, great for the suburban NYC commuter and part of award winning North Salem Schools. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

Last Agent to Sell the Property

Tony Berardi

Howard Hanna Rand Realty License #10301210274 Listed on: 02/26/2020

Howard Hanna Rand Realty

Last Buyer's Agent

John Carapella

The Agency Brokerage License #30CA1002029

The Agency Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,277

Year Built

  • Built in 1971

Lot Details

  • 0.97 Acre Lot
  • Waterfront

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Pequenakonck Elementary School
  • North Salem Middle/ High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Drilled Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Lake Privileges
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 5200-006-020-00001-000-0038

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,277

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1971
  • Building Stories: 2
  • CurrentPrice: 620000.00
  • CurrentPrice_By_LivingArea: 234.93748
  • ListPrice_By_LivingArea: 238.34786
  • ListPrice_By_OriginalListPrice: 0.92636
  • ListPrice_By_LotSizeAcres: 648453.6082
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Oil Water Heater
  • Interior Amenities: Ceiling Fan(s), Chandelier, Eat-in Kitchen, Entrance Foyer, Formal Dining, Granite Counters, Primary Bathroom, Walk-In Closet(s)
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2639
  • Basement YN: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Oil
  • Sewer: Septic Tank
  • Utilities: Trash Collection Public
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Association Amenities: Park
  • Association #2: 250
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: North Salem Middle/ High School

Lot Info

  • Lot Size Acres: 0.97
  • Lot Size Sq Ft: 42253
  • Lot Features: Near Public Transit
  • Parcel Number: 5200-006-020-00001-000-0038
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 16277
  • Tax Year: 2020

MLS Schools

  • Elementary School: Pequenakonck Elementary School
  • High School: North Salem Middle/ High School

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 9, 2020
Sold by
Peck Michael W and Peck Elizabeth F
Bought by
Hayes Christopher L and Hayes Carly B
Seller's Agent
Tony Berardi
Howard Hanna Rand Realty
Buyer's Agent
John Carapella
The Agency Brokerage
List Price
$679,000
Sold Price
$620,000
Premium/Discount to List
-$59,000
-8.69%
Current Estimated Value
$872,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,747
Avg. Annual Appreciation
6.91%
Original Mortgage
$496,000
Outstanding Balance
$441,166
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$431,581

Purchase Details

Listed on
Mar 2, 2013
Closed on
May 9, 2014
Sold by
Wright Elizabeth A
Bought by
Peck Michael W and Peck Elizabeth F
Seller's Agent
Donna O'Connell
Houlihan Lawrence Inc.
Buyer's Agent
Tony Berardi
Howard Hanna Rand Realty
List Price
$579,000
Sold Price
$520,000
Premium/Discount to List
-$59,000
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$26,000
Interest Rate
4.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2012
Sold by
Sangali John V
Bought by
Wright Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2010
Sold by
Wright Kevin and Wright Elizabeth A
Bought by
Wright Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,472
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Mcdaniel Ellon F
Bought by
Wright Kevin and Wright Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hayes Christopher L $620,000 Attorneys Title Ins Agency
Peck Michael W $520,000 Title America Abstract Corp
Wright Elizabeth $500,000 None Available
Wright Elizabeth A -- Titleserv
Wright Kevin $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Christopher L $496,000
Previous Owner Peck Michael W $26,000
Previous Owner Peck Michael W $416,000
Previous Owner Wright Elizabeth $200,000
Previous Owner Wright Elizabeth A $7,472
Previous Owner Wright Kevin $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $620,000 -- --
10/22/2020 10/22/20 Sold $620,000 -1.4% $235 / Sq Ft
08/18/2020 08/18/20 Price Changed $629,000 -2.5% $238 / Sq Ft
07/28/2020 07/28/20 Price Changed $645,000 -2.1% $244 / Sq Ft
06/28/2020 06/28/20 Price Changed $659,000 -2.9% $250 / Sq Ft
02/26/2020 02/26/20 For Sale $679,000 +30.6% $257 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
05/09/2014 05/09/14 Sold $520,000 -10.2% $142 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
03/02/2013 03/02/13 For Sale $579,000 -- $158 / 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
2024 $17,537 $73,000 $14,400 $58,600
2023 $16,585 $73,000 $14,400 $58,600
2022 $16,508 $75,600 $14,400 $61,200
2021 $16,895 $75,600 $14,400 $61,200
2020 $16,636 $75,600 $14,400 $61,200
2019 $16,277 $75,600 $14,400 $61,200
2018 $51,543 $75,600 $14,400 $61,200
2017 $3,377 $75,600 $14,400 $61,200
2016 $15,701 $75,600 $14,400 $61,200
2015 -- $75,600 $14,400 $61,200
2014 -- $75,600 $14,400 $61,200
2013 -- $75,600 $14,400 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6016518

OneKey® MLS

APN: 5200-006-020-00001-000-0038