NOT LISTED FOR SALE

315 Mills Rd North Salem, NY 10560

Estimated Value: $6,047,748

3 Beds
2.5 Baths
2,578 Sq Ft
$2,346/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $3,000,000 $1,164 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $37,019/month

Highlights

  • Barn
  • Stables
  • Property is near public transit
  • North Salem Middle/High School Rated A-
  • 17.5 Acre Lot
  • 1 Fireplace

About This Home

As of October 2020

Chase Meadows Farm. A No. Salem icon where generations of children have learned to ride. 30 horse permit and 37 stalls in 4 barns .
Two large outdoor rings with Travel-Right footing and Judges stands.. Indoor lighted ring 90 x 200 ft. includes heated viewing area. Round Pen. Grass paddocks. 7 Horse shows/events allowed. 3 bedroom, 2.5 bath Farm house with new propane heat. Two generators.Two grooms apartments. Equipment Barn. Direct trail access. Farm has agricultural exemption for a boarding stable making taxes $43,026. Minutes to train & highway. Exceptional opportunity to live an equestrian life.

Last Agent to Sell the Property

Carol Goldberg

Vincent & Whittemore R.E. License #30GO0734108 Listed on: 05/12/2019

Last Buyer's Agent

Mary Dowdle

Ginnel Real Estate License #30DO0796641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,654

Year Built

  • Built in 1989

Lot Details

  • 17.5 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Modular or Manufactured Materials

Interior Spaces

  • 2,578 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Pequenakonck Elementary School
  • North Salem Middle/ High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Drilled Well
  • Septic Tank

Additional Features

  • Porch
  • Property is near public transit
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 4000-032-000-01364-000-0014

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,654

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Farm House
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1989
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Walk-In Closet(s)
  • Fireplaces: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Partial
  • Inclusions: Gas Tank,Light Fixtures,Oven/Range
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2578
  • Other Equipment: Generator
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Arena, Barn(s), Stable(s)
  • Construction Materials: Modular
  • Patio and Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Forced Air, Propane
  • Sewer: Septic Tank
  • Utilities: Trash Collection Public
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: North Salem Middle/ High School

Lot Info

  • Horses: Yes
  • Lot Size Acres: 17.5004
  • Lot Size Area: 17.5004
  • Lot Size Sq Ft: 762317
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4000-032-000-01364-000-0014
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 62654
  • Tax Year: 2020

MLS Schools

  • Elementary School: Pequenakonck Elementary School
  • High School: North Salem Middle/ High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
315 Mills Road Llc
Bought by
Icearney Land Holdings Ii Llc
Current Estimated Value
$6,047,748

Purchase Details

Listed on
May 12, 2019
Closed on
Oct 8, 2020
Sold by
Howard Barbara and Gadsden James
Bought by
315 Mills Road Llc
Seller's Agent
Carol Goldberg
Vincent & Whittemore R.E.
Buyer's Agent
Mary Dowdle
Ginnel Real Estate
List Price
$3,750,000
Sold Price
$3,000,000
Premium/Discount to List
-$750,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Crosby Cynthia A
Bought by
Gadsden James and Howard Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2000
Sold by
Pendleton Farms Realty Corp
Bought by
Crosby Cynthia A
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
Icearney Land Holdings Ii Llc $5,875,000 New York Title
315 Mills Road Llc $3,000,000 Court Street Abstract Inc
Gadsden James $2,200,000 Lawyers Title Insurance Corp
Crosby Cynthia A -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadsden James $227,000
Previous Owner Gadsden James $1,756,828
Previous Owner Gadsden James $166,661
Previous Owner Gadsden James $41,380
Previous Owner Gadsden James $336,675
Previous Owner Gadsden James $25,647
Previous Owner Gadsden James $1,650,000
Previous Owner Gadsden James $189,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $3,000,000 -- --
10/08/2020 10/08/20 Sold $3,000,000 -3.2% $1,164 / Sq Ft
08/19/2020 08/19/20 Price Changed $3,100,000 -11.4% $1,202 / Sq Ft
09/10/2019 09/10/19 Price Changed $3,500,000 -6.7% $1,358 / Sq Ft
05/12/2019 05/12/19 For Sale $3,750,000 -- $1,455 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
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 $49,560 $3,185,100 $1,737,000 $1,448,100
2023 $43,890 $2,558,700 $1,192,800 $1,365,900
2022 $43,495 $2,326,400 $1,192,800 $1,133,600
2021 $43,542 $2,259,700 $1,192,800 $1,066,900
2020 $43,172 $2,140,300 $1,083,800 $1,056,500
2019 $62,546 $2,140,300 $1,083,800 $1,056,500
2018 $45,962 $2,140,300 $1,083,800 $1,056,500
2017 $20,261 $2,140,300 $1,083,800 $1,056,500
2016 $52,130 $198,500 $61,850 $136,650
2015 -- $198,500 $61,850 $136,650
2014 -- $198,500 $61,850 $136,650
2013 -- $196,450 $61,850 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4915889

OneKey® MLS

APN: 4000-032-000-01364-000-0014