NOT LISTED FOR SALE

116 Tower Hill Rd W Tuxedo Park, NY 10987

Estimated Value: $2,101,826 - $2,823,000

7 Beds
7.5 Baths
12,637 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $880,000 $70 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $15,931/month

443 Days on Market

Highlights

  • The property is located in a historic district
  • Panoramic View
  • Gated Community
  • George Grant Mason Elementary School Rated A
  • Estate
  • 2.6 Acre Lot

About This Home

As of April 2021

Believe. Paxhurst, also known as the Hoffman Castle at the top of Tower Hill Road, is now available for the first time in more than 35 years. Designed in 1904 by the firm of Barney and Chapman for William Mitchell Vail Hoffman, the residence is a true landmark, with its tower visible from miles away. The house is in its original condition, and when one enters its two story front hall, with wbfp, the magic begins. Straight ahead is a fabulous square great room with wbfp. To the left is a library and a den, both with wbfp's. On the right is a suite of three entertaining rooms, with 2 wbfp's. On the 2nd and 3rd floors there are several bedrooms with wbfp's. At the top of the house is a breathtaking oversized penthouse room with wbfp and access to rooftop terrace. A lower above ground level opens to extensive grounds. There is nothing like Paxhurst anywhere, and it is true that there is a castle within 40 miles of New York City. Equal Housing Opportunity.

Last Agent to Sell the Property

Walter Deane

Tuxedo Park Fine Homes License #10311204336 Listed on: 09/17/2019

Co-Listed By

Anna Shaw

Compass Greater NY, LLC License #10401282173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,893

Year Built

  • Built in 1904

Lot Details

  • 2.6 Acre Lot
  • Stone Wall
  • Corner Lot
  • Partially Wooded Lot

Parking

  • Driveway

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Estate
  • Chalet
  • Tudor Architecture
  • Frame Construction
  • Wood Siding
  • Shingle Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 12,637 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 11 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Attic

  • Partial Attic
  • Finished Attic

Finished Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • George Grant Mason Elementary School
  • George F Baker High Sch Middle School
  • George F Baker High Sch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 335001.106.000-0001-018.000/0000

Community Details

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,893

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Tudor, Chalet, Estate
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Hamlet: Tuxedo Park
  • Year Built: 1904
  • Attribution Contact: 845-351-0001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Master Bath, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 11
  • Attic Description: Finished, Partial
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 12637.00
  • Square Footage: 12637.00

Exterior Features

  • Construction Materials: Frame, Stone, Shingle Siding, Stucco, Wood Siding
  • View: Mountain(s), Panoramic, Other, Lake, Water
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Gated
  • Senior Community: No

Association/Amenities

  • Community Features: Gated, Park, Near Public Transportation

Fee Information

  • Additional Fee: No

Schools

  • Middle School: George F Baker High Sch

Lot Info

  • Lot Size Acres: 2.6000
  • Lot Dimensions: 2.6000
  • Lot Size Sq Ft: 113256.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Historic District, Partly Wooded, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 335001.106.000-0001-018.000/0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-04-21
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 27893.00
  • Tax Map Number: 335001.106.000-0001-018.000/0000

MLS Schools

  • Elementary School: George Grant Mason Elementary School
  • High School: George F Baker High Sch
  • Middle School District: Tuxedo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Apr 21, 2021
Sold by
Hartmann Frederick R Trust
Bought by
Genesis Re Partner 1 Llc
Seller's Agent
Walter Deane
Tuxedo Park Fine Homes
List Price
$975,000
Sold Price
$880,000
Premium/Discount to List
-$95,000
-9.74%
Current Estimated Value
$2,370,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,490,942
Avg. Annual Appreciation
23.87%
Original Mortgage
$500,000
Interest Rate
3.06%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2009
Sold by
Hartmann Frederick
Bought by
Hartmann-Ting Lisa Trustee

Purchase Details

Closed on
Oct 19, 2006
Sold by
Hartmann Frederick
Bought by
Hartmann Frederick and Hartmann Irrevocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Genesis Re Partner 1 Llc $880,000 Lex Terrae Ltd
Hartmann-Ting Lisa Trustee -- Michael Weitner
Hartmann Frederick -- Michael Weitzner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genesis Re Partner 1 Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $880,000 -9.7% $70 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $975,000 +10.8% $77 / Sq Ft
09/16/2020 09/16/20 Off Market $880,000 -- --
07/30/2020 07/30/20 For Sale $975,000 0.0% $77 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $975,000 -- $77 / 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 $41,510 $293,750 $62,400 $231,350
2023 $41,510 $203,300 $62,400 $140,900
2022 $29,472 $246,000 $62,400 $183,600
2021 $19,060 $159,000 $62,400 $96,600
2020 $27,895 $159,000 $62,400 $96,600
2019 $19,473 $159,000 $62,400 $96,600
2018 $19,473 $159,000 $62,400 $96,600
2017 $20,418 $159,000 $62,400 $96,600
2016 $20,196 $159,000 $62,400 $96,600
2015 -- $159,000 $62,400 $96,600
2014 -- $159,000 $62,400 $96,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY5058894

OneKey® MLS

APN: 335001-106-000-0001-018.000-0000