NOT LISTED FOR SALE

16 Summit Rd Tuxedo Park, NY 10987

Estimated Value: $2,668,753 - $3,414,000

7 Beds
6 Baths
7,821 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $2,100,000 $269 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $20,580/month

Highlights

  • 1.8 Acre Lot
  • 8 Fireplaces
  • 4 Car Attached Garage
  • George Grant Mason Elementary School Rated A

About This Home

As of June 2020

"The Japanese Cottage" designed by founding architect Bruce Price five years after delivering the "original 13" for Tuxedo Park marked the changing society at that time. Majestically sited on a gentle rise on the coveted southern facing hillside with panoramic views of Tuxedo Lake from all the well scaled main rooms. An interior seamlessly blends high ceilings, exquisite hardwood floors, beautiful fireplaces and oversized windows capturing world class views.
An iconic "summer cottage" offers modern comforts and historic presence. Stunning architectural details showcased by curved roof line , exposed rafters and Oriental medallions in the stucco facade. Close proximity to hiking, biking, swimming and boating. In a gated community within a one hour commute to New York City. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,2 Car Detached,

Last Agent to Sell the Property

Francine Liza

Tuxedo Hudson Realty Corp License #40LI1056894 Listed on: 03/27/2019

Last Buyer's Agent

Francine Liza

Tuxedo Hudson Realty Corp License #40LI1056894 Listed on: 03/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,808

Year Built

  • Built in 1891

Lot Details

  • 1.8 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Mini Estate
  • Stone Siding
  • Stucco

Interior Spaces

  • 7,821 Sq Ft Home
  • 8 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 335001.104.000-0001-016.120/0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,808

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Mini Estate
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Year Built: 1891
  • CurrentPrice: 2100000.00
  • CurrentPrice_By_LivingArea: 268.50786
  • ListPrice_By_LivingArea: 351.61744
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 1527777.7778
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oil Water Heater
  • Fireplaces: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 7821
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Stone, Stucco
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4
  • Parking Description: Attached, Detached

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: George F Baker High Sch

Lot Info

  • Lot Size Acres: 1.8
  • Lot Size Sq Ft: 78408
  • Parcel Number: 335001.104.000-0001-016.120/0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 37808
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 19, 2020
Sold by
Diem Mary J
Bought by
Shapiro Richard and Poynor Elizabeth
Seller's Agent
Francine Liza
Tuxedo Hudson Realty Corp
Buyer's Agent
Francine Liza
Tuxedo Hudson Realty Corp
List Price
$2,750,000
Sold Price
$2,100,000
Premium/Discount to List
-$650,000
-23.64%
Current Estimated Value
$3,115,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,918
Avg. Annual Appreciation
7.48%
Original Mortgage
$1,300,000
Outstanding Balance
$1,150,181
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,965,737
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
Shapiro Richard $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Richard $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $2,100,000 -- --
06/19/2020 06/19/20 Sold $2,100,000 -23.6% $269 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $2,750,000 0.0% $352 / Sq Ft
02/20/2015 02/20/15 For Rent $7,500 +3.4% --
02/20/2015 02/20/15 Rented $7,250 -- --
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 $50,263 $297,500 $45,000 $252,500
2023 $50,263 $297,500 $45,000 $252,500
2022 $50,036 $297,500 $45,000 $252,500
2021 $35,663 $297,500 $45,000 $252,500
2020 $36,428 $297,500 $45,000 $252,500
2019 $36,057 $297,500 $45,000 $252,500
2018 $36,057 $297,500 $45,000 $252,500
2017 $37,808 $297,500 $45,000 $252,500
2016 $36,384 $297,500 $45,000 $252,500
2015 -- $297,500 $45,000 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4916551

OneKey® MLS

APN: 335001-104-000-0001-016.120-0000