NOT LISTED FOR SALE

261 Old Farm Ln Mohegan Lake, NY 10547

Estimated Value: $384,000 - $436,000

1 Bed
2 Baths
1,050 Sq Ft
$365/mo HOA Fee

Last Sold November 25, 2019

Last sale price $246,000 $234 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,980/month

97 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Property is near public transit
  • Water Access
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of November 2019

Lakeside Colony large garden style, no-step condo with patio overlooking the lake. Living room with stone fireplace, eat-in kitchen, dining room/den, large master with bath. It has new flooring and is freshly painted throughout. Storage area in basement. Amenities include the lake for swimming and boating, tennis, clubhouse and playground. Located minutes to Route 6, shopping, schools, transportation and Taconic Pkwy. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Peggy Ann Kaplan

World Homes Realty Brokerage Phone: 845-225-2888 License #10311204033 Listed on: 07/16/2019

Last Buyer's Agent

Arber Balidemaj

The Select Team, LLC License #10491213287

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Two or More Common Walls

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Garden Apartment
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Patio

Location

  • Property is near public transit

Schools

  • George Washington Elementary School
  • Lakeland-Copper Beech Middle Sch
  • Lakeland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5400-015-020-00001-000-0026-26-1

Community Details

Overview

  • Active Adult
  • Association fees include ground maintenance, exterior maintenance, snow removal, trash, sewer, water

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,898

Year Built

Built in 1987

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Garden Apartment
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1987
  • Attribution Contact: 845-225-2888
  • Ownership: Condo
  • Village: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Master Bath
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Living Area: 1050
  • AtticDescription: None
  • SquareFootage: 1050.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Lake/Pond/Stream, Water Access
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned
  • ParkingAssignedSpaces: 1

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Snow Removal, Trash, Sewer, Water
  • Association Fee: 365
  • Association Fee Frequency: Monthly
  • Senior Community: Yes
  • DevelopmentName: Lakeside Colony
  • ManagementPhone: 800-746-9464
  • Management: Katonah Management

Association/Amenities

  • Community Features: Clubhouse, Pool

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Lakeland-Copper Beech Middle Sch

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 5400-015-020-00001-000-0026-26-1
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes
  • RentingAllowedYN: 1

Tax Info

  • Tax Annual Amount: 4898
  • Tax Map Number: 5400-015-020-00001-000-0026-26-1

MLS Schools

  • Elementary School: George Washington Elementary School
  • High School: Lakeland High School
  • Middle School District: Lakeland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Nov 25, 2019
Sold by
Fannie Mae
Bought by
Mccafferty Victoria and Chin Louise
Seller's Agent
Peggy Ann Kaplan
World Homes Realty
Buyer's Agent
Arber Balidemaj
The Select Team, LLC
List Price
$284,900
Sold Price
$246,000
Premium/Discount to List
-$38,900
-13.65%
Current Estimated Value
$410,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,636
Avg. Annual Appreciation
8.88%
Original Mortgage
$113,500
Outstanding Balance
$100,359
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$310,277

Purchase Details

Closed on
Jun 27, 2018
Sold by
Penachio Anne J
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Aug 31, 2006
Sold by
Oneill Mary
Bought by
Rooney Roseanne
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
Mccafferty Victoria $246,984 Record & Return Title Agency
Federal National Mortgage Association $421,275 None Available
Rooney Roseanne $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccafferty Victoria $113,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $246,000 -1.6% $234 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $249,900 -3.8% $238 / Sq Ft
09/12/2019 09/12/19 Price Changed $259,900 -3.7% $248 / Sq Ft
08/14/2019 08/14/19 Price Changed $269,900 -5.3% $257 / Sq Ft
07/16/2019 07/16/19 For Sale $284,900 -- $271 / 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 $5,438 $3,200 $950 $2,250
2023 $5,102 $3,200 $950 $2,250
2022 $4,984 $3,200 $950 $2,250
2021 $4,833 $3,200 $950 $2,250
2020 $4,866 $3,200 $950 $2,250
2019 $5,117 $3,200 $950 $2,250
2018 $4,864 $3,200 $950 $2,250
2017 $3,278 $3,200 $950 $2,250
2016 $5,962 $3,200 $950 $2,250
2015 $2,888 $3,200 $950 $2,250
2014 $2,888 $3,200 $950 $2,250
2013 $2,888 $3,200 $950 $2,250
Source: Public Records

Agents Affiliated with this Home

  • Peggy Ann Kaplan

    Seller's Agent in 2019

    Peggy Ann Kaplan

    World Homes Realty

    (914) 490-9901

    2 in this area

    35 Total Sales

    Peggy Ann Kaplan
    Section Image

  • A

    Buyer's Agent in 2019

    Arber Balidemaj

    The Select Team, LLC

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4992667

OneKey® MLS

APN: 5400-015-020-00001-000-0026-26-1

New York Westchester County Yorktown 10547

261 Old Farm Ln, Yorktown, NY

Not Listed for Sale

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