NOT LISTED FOR SALE

18 Spring St Mount Kisco, NY 10549

Estimated Value: $571,616 - $894,000

4 Beds
3 Baths
2,256 Sq Ft
$317/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $421,000 $187 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,998/month

93 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Hot Water Heating System
  • Fox Lane Middle School Rated A-
  • Park
  • Level Lot

About This Home

As of February 2016

Fabulous Investment Opportunity to own a 3 Family Non Conforming Property in 1 and 2 Family neighborhood. Situated close to town, train, bus, school and hospital. 3 Con Ed Electric Meters and Landlord Meter. One gas meter and furnace services the entire home. Indoor Oil Tank. Plenty of on street and 4 driveway parking spaces plus play yard. Coin operated laundry onsite. Tenants on month to month leases. Landlord has put additional liability on insurance and the number of $2400 may be overstated. Electrical and windows have been updated. Reconfirm square feet with town hall common area not included in apartment size. Reconfirm taxes. Photograhs are of top floor apartment. 24 Hours Notice Please.

Last Agent to Sell the Property

Dorothy Roider

William Raveis-New York LLC Brokerage Phone: 914-401-9111 License #30RO0603882 Listed on: 09/14/2015

William Raveis-New York LLC

Last Buyer's Agent

Lisa Berliner

William Raveis-New York LLC License #30BE0957309

William Raveis-New York LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,877

Year Built

  • Built in 1927

Lot Details

  • 7,636 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Mt Kisco Elementary School
  • Fox Lane Middle School
  • Fox Lane High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5601-080-040-00004-000-0007

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,877

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1927
  • Attribution Contact: 914-401-9111
  • Village: Mount Kisco
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2256
  • Owner Pays: Insurance
  • SquareFootage: 2256.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Brick, Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Common, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • AdditionalFeeDescription: Landscape
  • AdditionalFeeFrequency: Yearly

Fee Information

  • AdditionalFeesYN: 1

Schools

  • Middle School: Fox Lane Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 0.1753
  • Lot Size Sq Ft: 7636
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 5601-080-040-00004-000-0007
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 10460
  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 7877
  • Tax Map Number: 5601-080-040-00004-000-0007
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Mt Kisco Elementary School
  • High School: Fox Lane High School
  • Middle School District: Bedford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 10, 2016
Sold by
Arco George M and Arco Kimberly A
Bought by
Spring 18 Llc
Seller's Agent
Dorothy Roider
William Raveis-New York LLC
Buyer's Agent
Lisa Berliner
William Raveis-New York LLC
List Price
$459,900
Sold Price
$421,000
Premium/Discount to List
-$38,900
-8.46%
Current Estimated Value
$714,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,205
Avg. Annual Appreciation
5.71%
Original Mortgage
$294,700
Outstanding Balance
$237,804
Interest Rate
3.92%
Mortgage Type
Unknown
Estimated Equity
$476,401

Purchase Details

Closed on
Jan 29, 2003
Sold by
Ferrarotti Isabella and Scala Marie Adele
Bought by
Arco George M and Arco Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,300
Interest Rate
5.75%
Mortgage Type
Unknown
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
Spring 18 Llc $421,000 None Available
Arco George M $396,700 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spring 18 Llc $294,700
Closed Spring 18 Llc $294,700
Previous Owner Arco George M $150,000
Previous Owner Arco George M $317,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $421,000 -8.5% $187 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $459,900 -- $204 / 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 $1,269 $65,700 $9,900 $55,800
2023 $9,857 $65,700 $9,900 $55,800
2022 $9,798 $65,700 $9,900 $55,800
2021 $9,572 $65,700 $9,900 $55,800
2020 $9,467 $65,700 $9,900 $55,800
2019 $14,341 $65,700 $9,900 $55,800
2018 $7,919 $65,700 $9,900 $55,800
2017 $0 $65,700 $9,900 $55,800
2016 $7,947 $65,700 $9,900 $55,800
2015 -- $65,700 $9,900 $55,800
2014 -- $65,700 $9,900 $55,800
2013 -- $65,700 $9,900 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4541791

OneKey® MLS

APN: 5601-080-040-00004-000-0007