NOT LISTED FOR SALE

16 Summit Ave Larchmont, NY 10538

Estimated Value: $2,743,000 - $3,447,000

4 Beds
3.5 Baths
3,950 Sq Ft
$774/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $2,604,219 $659 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,960/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Mamaroneck High School Rated A+
  • Property is near public transit
  • Marble Countertops

About This Home

As of September 2021

A rare 1920s beauty transformed with a fresh youthful vibe, nestled on a quiet leafy cul-de-sac within a stroll of both Larchmont Village & LI Sound. This character-laden Colonial boasts a companion add'l 720sf Carriage House atop detached 2-car garage with 1-bed, full bath, kitchen, lounge, & patio garden. Inside the oh so livable Main House, period detail is beautifully reimagined with rich oak floors & millwork, elegant built-ins & wonderfully fluid rooms with convenient pocket doors. A layout to love, from the coffered ceiling dining room to the stylish living room with fireplace & sunlit family room that opens to the front patio & the glorious chef's kitchen. A culinary delight with an office nook for 2 homework stations, Danby marble island & glass sliders to a Trex deck & fenced backyard oasis. Four bright 2nd floor beds, chic master w. split ensuite & windowed custom WIC, & 3rd floor 2-room bonus space. Plus, LL rec room, laundry, full bath & gym area! 4670+sf of living spaces.

Last Agent to Sell the Property

Pollena Forsman

Houlihan Lawrence Inc. License #30FO0834341 Listed on: 06/18/2021

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,899

Year Built

  • Built in 1918

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,950 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Marble Countertops
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Chatsworth Avenue Elementary School
  • Hommocks Middle School
  • Mamaroneck High School

Utilities

  • Central Air
  • 6 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Second Refrigerator,See Remarks,Selected Light Fixtures
  • Assessor Parcel Number 3201-006-000-00007-000-0397

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,899

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Second Refrigerator,See Remarks,Selected Light Fixtures
  • Year Built: 1918
  • Attribution Contact: 914-833-0420
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Granite Counters, Marble Countertops, Master Bath, Pantry, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Scuttle
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Bilco Door(s), Full, Partially Finished
  • Inclusions: Alarm System, B/I Shelves, Dishwasher, Disposal, Door Hardware, Dryer, Light Fixtures, Microwave, Refrigerator, Shades/Blinds, Speakers Indoor, Wall Oven, Washer, Wine Cooler
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3950.00
  • Square Footage: 3950.00

Exterior Features

  • Construction Materials: Frame, Stucco
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 6
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Chatsworth Avenue School
  • Middle School: Hommocks School
  • High School: Mamaroneck High School
  • Middle School: Hommocks School

Lot Info

  • Lot Size Acres: 0.2900
  • Lot Size Area: 0.2900
  • Lot Size Sq Ft: 12523.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Cul-De-Sec
  • Parcel Number: 3201-006-000-00007-000-0397
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-06-23
  • Lease Considered: No

Tax Info

  • Close Date: 2021-09-28
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 37899.00
  • Tax Map Number: 3201-006-000-00007-000-0397

MLS Schools

  • Elementary School: Chatsworth Avenue School
  • High School: Mamaroneck High School
  • Middle School District: Mamaroneck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 8, 2021
Sold by
Desieno Timothy B and Siegel Laura
Bought by
Guma Jesse L and Guma Kathryn L
Seller's Agent
Pollena Forsman
Houlihan Lawrence Inc.
List Price
$2,299,000
Sold Price
$2,604,219
Premium/Discount to List
$305,219
13.28%
Current Estimated Value
$3,056,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,716
Avg. Annual Appreciation
3.76%
Original Mortgage
$750,000
Outstanding Balance
$685,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,328,454

Purchase Details

Closed on
Aug 8, 2005
Sold by
Brammer Bradley D and Brammer Kathy L
Bought by
Desieno Timothy B and Siegel Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Power Thomas F and Power Christine H
Bought by
Power Thomas F and Power Christine H
Source: Public Records

Range of Values:

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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
Guma Jesse L $2,604,219 Thoroughbred Title Svcs Llc
Desieno Timothy B $1,815,000 First American Title Ins Co
Power Thomas F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gama Jesse L $750,000
Closed Guma Jesse L $750,000
Previous Owner Desieno Timothy B $3,200
Previous Owner Desieno Timothy B $146,800
Previous Owner Desieno Timothy B $999,999
Previous Owner Desieno Timothy $452,000
Previous Owner Brammer Bradley D $137,000
Previous Owner Brammer Bradley D $750,000
Previous Owner Brammer Bradley D $6,636
Previous Owner Brammer Bradley D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $2,604,219 0.0% $659 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/23/2021 06/23/21 Off Market $2,604,219 -- --
06/18/2021 06/18/21 For Sale $2,299,000 -- $582 / 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 $53,188 $2,618,000 $570,000 $2,048,000
2023 $52,602 $2,424,000 $570,000 $1,854,000
2022 $37,817 $2,204,000 $570,000 $1,634,000
2021 $37,394 $1,576,000 $570,000 $1,006,000
2020 $37,057 $1,530,000 $570,000 $960,000
2019 $36,561 $1,530,000 $570,000 $960,000
2018 $32,261 $1,530,000 $570,000 $960,000
2017 $0 $1,530,000 $570,000 $960,000
2016 $35,714 $1,485,000 $387,200 $1,097,800
2015 -- $1,375,000 $387,200 $987,800
2014 -- $1,375,000 $387,200 $987,800
2013 -- $1,375,000 $387,200 $987,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6117194

OneKey® MLS

APN: 3201-006-000-00007-000-0397