NOT LISTED FOR SALE

304 Highmount Terrace Nyack, NY 10960

Upper Nyack Neighborhood

Estimated Value: $1,130,179 - $1,506,000

6 Beds
4.5 Baths
5,384 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $934,000 $173 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,576/month

48 Days on Market

Highlights

  • Greenhouse
  • Panoramic View
  • Property is near public transit
  • Nyack Senior High School Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of September 2021

"NEWPORT IN NYACK" - Circa 1829, imagine the glamour of a Newport Mansion with the added benefit of a legal river view apartment that can bring in $36K+ a year? This stately six bedroom 7,000+ SF residence contains period details one can never duplicate today; each room flaunts detail that rivals the Louvre Museum. Sitting stately, perched above Upper Nyack, a stone's throw to the Hudson River, Hook Mountain and the bustling Village of Nyack, it is hard to imagine this new lifestyle could exist only a 30 minute drive from NYC. Intricate woodwork from floor to ceiling, stained glass, original built-ins, inlay floors, four fireplaces and soaring 11 foot ceilings name just a few notable features. Graceful sitting rooms, abundant natural light and 2 patios relive the Gatsby days of entertaining. Tastefully updated kitchen with radiant heat flows into the elegant formal dining room with an oversized pantry. The spacious extension above the one car garage can be an art studio, home office or the perfect place for recreation. The second floor boasts four generous bedrooms and three full baths with radiant heat in the master bath. Third floor apartment with separate entrance is a 1700 SF two bedroom with rooftop terrace overlooking the river, which can be a money making machine, renting it yearly ($3k+/month), via Airbnb, or making it the most grand in-law suite. If all of this weren't enough, the finished lower level with separate entrance can be another artist studio, guest quarters, playroom and more. Endless possibility awaits...

Last Agent to Sell the Property

Adam Blankfort

Corcoran Baer & McIntosh License #10401293760 Listed on: 05/20/2021

Corcoran Baer & McIntosh

Co-Listed By

Ryan Paige

Corcoran Baer & McIntosh License #10401301918

Corcoran Baer & McIntosh

Last Buyer's Agent

Ryan Paige

Corcoran Baer & McIntosh License #10401301918

Corcoran Baer & McIntosh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,950

Year Built

  • Built in 1829

Lot Details

  • 0.54 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached
  • Driveway

Property Views

  • River
  • Panoramic
  • Mountain

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 5,384 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • No Attic
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Outdoor Features

  • Balcony
  • Patio
  • Greenhouse
  • Separate Outdoor Workshop
  • Porch

Schools

  • Upper Nyack Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Chandelier(s),Selected Light Fixtures
  • Assessor Parcel Number 392001.060.017-0003-018.000/0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,950

Year Built

Built in 1829

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Chandelier(s),Selected Light Fixtures
  • Hamlet: Upper Nyack
  • Year Built: 1829
  • Attribution Contact: 845-358-9440
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Legal Accessory Apartment, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Partially Finished
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 5384.00
  • Square Footage: 5384.00

Exterior Features

  • Other Structures: Greenhouse, Workshop
  • Construction Materials: Frame, Vinyl Siding
  • View: Mountain(s), Panoramic, Other, River, Water
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Radiant, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 0.5400
  • Lot Size Sq Ft: 23522.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Cul-De-Sec
  • Parcel Number: 392001.060.017-0003-018.000/0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-09-30
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 27950.00
  • Tax Map Number: 392001.060.017-0003-018.000/0000

MLS Schools

  • Elementary School: Upper Nyack School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Kotok Steven and Cherfas Karina
Bought by
Steven B Kotok Trust and Karina V Cherfas Trust
Current Estimated Value
$1,311,045

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 30, 2021
Sold by
Lacolla Thomas D and Lacolla Kira L
Bought by
Kotok Steven and Cherfas Karima
Seller's Agent
Adam Blankfort
Corcoran Baer & McIntosh
Buyer's Agent
Adam Blankfort
Corcoran Baer & McIntosh
List Price
$949,000
Sold Price
$934,000
Premium/Discount to List
-$15,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$747,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Elliot Gilbert J
Bought by
Lacolla Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Elliott Gilbert J
Bought by
Lacolla Thomas O and Lacolla Kira L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Steven B Kotok Trust -- None Available
Steven B Kotok Trust -- None Available
Steven B Kotok Trust -- None Available
Kotok Steven $934,000 None Available
Kotok Steven $934,000 None Available
Kotok Steven $934,000 None Available
Lacolla Thomas D $800,000 Robert S Knoebel
Lacolla Thomas D $800,000 Robert S Knoebel
Lacolla Thomas O $800,000 None Available
Lacolla Thomas O $800,000 None Available
Lacolla Thomas O $800,000 None Available
-- -- --
Elliot Gilbert J -- Fidelity National Title Insu
Elliot Gilbert J -- Fidelity National Title Insu
Elliot Gilbert J -- Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotok Steven $747,200
Previous Owner Lacolla Thomas O $533,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $934,000 -1.6% $173 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $949,000 0.0% $176 / Sq Ft
07/10/2015 07/10/15 For Rent $2,500 0.0% --
07/10/2015 07/10/15 Rented $2,500 -- --
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 $31,986 $240,420 $59,000 $181,420
2023 $31,986 $228,920 $59,000 $169,920
2022 $27,993 $228,920 $59,000 $169,920
2021 $27,946 $228,920 $59,000 $169,920
2020 $23,642 $228,920 $59,000 $169,920
2019 $22,945 $228,920 $59,000 $169,920
2018 $22,945 $227,700 $59,000 $168,700
2017 $22,517 $227,700 $59,000 $168,700
2016 $22,503 $227,700 $59,000 $168,700
2015 -- $227,700 $59,000 $168,700
2014 -- $227,700 $59,000 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6113875

OneKey® MLS

APN: 392001-060-017-0003-018-000-0000