NOT LISTED FOR SALE

19 Summit Ave Port Chester, NY 10573

Estimated Value: $855,220 - $905,000

6 Beds
3 Baths
2,525 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $670,000 $265 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,836/month

119 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • Level Lot
  • Park

About This Home

As of May 2021

One of the highest points in Port Chester with spectacular views of the Long Island Sound and Long Island from the 2nd and 3rd stories. New form based code allows for future redevelopment of the property to mixed use, townhomes, and more. Income producing with tenants in the meantime. This 3 family offers parking for up to 5 cars, new roof, updated electrical, new above ground oil tank and full walk-out basement for storage. Each unit separately metered gas and electric. Great investment opportunity.

Last Agent to Sell the Property

Elizabeth Damiano

Shay Residential, LLC License #10491212702 Listed on: 11/18/2020

Shay Residential, LLC

Co-Listed By

Non Non Member-MLS

Non-Member MLS

Last Buyer's Agent

Michael Puff

RE/MAX Town & Country License #10401326598

RE/MAX Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,539

Year Built

  • Built in 1900

Lot Details

  • 6,512 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 2,525 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • John F Kennedy Magnet Elementary School
  • Port Chester Middle School
  • Port Chester Senior High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4801-142-000-00021-001-0029-0000000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,539

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-223-7623
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2525.00
  • Square Footage: 2525.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Port Chester Middle School

Lot Info

  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6512.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4801-142-000-00021-001-0029-0000000
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-03-08
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2021-05-21
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 12539.00
  • Tax Map Number: 4801-142-000-00021-001-0029-0000000

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: John F Kennedy Magnet School
  • High School: Port Chester Senior High School
  • Middle School District: Port Chester-Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
May 20, 2021
Sold by
4 Ro Realty Inc
Bought by
Coschigano Michael
Seller's Agent
Elizabeth Damiano
Shay Residential, LLC
Buyer's Agent
Michael Puff
RE/MAX Town & Country
List Price
$719,000
Sold Price
$670,000
Premium/Discount to List
-$49,000
-6.82%
Current Estimated Value
$882,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,805
Avg. Annual Appreciation
6.29%
Original Mortgage
$536,000
Outstanding Balance
$484,223
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$398,582

Purchase Details

Closed on
Nov 3, 2015
Sold by
Coletti Charles D
Bought by
4 Ro Realty Inc
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
Coschigano Michael $670,000 Catic Title Insurance Co
4 Ro Realty Inc $350,000 The Great American Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coschigano Michael $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $670,000 0.0% $265 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/08/2021 03/08/21 Off Market $670,000 -- --
01/02/2021 01/02/21 Price Changed $699,000 -2.8% $277 / Sq Ft
11/18/2020 11/18/20 For Sale $719,000 -- $285 / 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 $14,089 $758,200 $201,000 $557,200
2023 $13,449 $715,300 $191,500 $523,800
2022 $12,991 $687,800 $191,500 $496,300
2021 $13,276 $499,400 $181,900 $317,500
2020 $12,837 $499,400 $181,900 $317,500
2019 $16,682 $420,100 $126,100 $294,000
2018 $7,458 $419,900 $123,900 $296,000
2017 $1,483 $360,600 $116,200 $244,400
2016 $12,616 $336,900 $117,000 $219,900
2015 -- $301,800 $94,900 $206,900
2014 -- $301,900 $86,100 $215,800
2013 -- $356,000 $100,400 $255,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6083584

OneKey® MLS

APN: 4801-142-000-00021-001-0029-0000000