NOT LISTED FOR SALE

4 Lower Salem Rd South Salem, NY 10590

Estimated Value: $434,000 - $613,000

3 Beds
1 Bath
1,085 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $370,000 $341 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,697/month

58 Days on Market

Highlights

  • Lake Privileges
  • Lake Association
  • 1 Car Attached Garage
  • Increase Miller Elementary School Rated A
  • Ranch Style House
  • Level Lot

About This Home

As of July 2021

Brick mid-century ranch on a generous piece of property in coveted Lake Truesdale! 1950's ranch located within the TLA (Truesdale Lake Association) neighborhood with deeded rights to beach (with yearly membership), bordering the historic hamlet of South Salem. Just around the corner from our Main Street, this quiet dead-end road is conveniently located less than five minutes from Lake Truesdale Beach, Lewisboro Town Park & Pool, Lewisboro Library, the historic Horse & Hound Restaurant, SoSa Yoga, Lily's Deli and other local establishments. Its proximity to Route 35 enables a quick ride to the Katonah Train Station or head east into Ridgefield, Connecticut. Katonah-Lewisboro School District! Original home is a three-bedroom with one full bath. The interior layout features a living room with a brick fireplace which is open to the dining area, a kitchen with a door leading out to the backyard (perfect level area for a patio), three bedrooms which share the full bath. There are stairs off the kitchen which lead to the spacious full unfinished basement. The main floor features hardwood floors. Come bring TLC to this home or your architectural plans for a fresh start!

Last Agent to Sell the Property

Kymie Cooksey

William Raveis-New York LLC License #40CO1172793 Listed on: 03/15/2021

William Raveis-New York LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1955

Lot Details

  • 1.47 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Exterior

Interior Spaces

  • 1,085 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • No Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Privileges

Schools

  • Meadow Pond Elementary School
  • John Jay Middle School
  • John Jay High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Lake Association

Listing and Financial Details

  • Assessor Parcel Number 3000-032-00B-10819-000-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: One
  • Year Built: 1955
  • Attribution Contact: 914-232-5007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 3
  • Living Area: 1085.00
  • Square Footage: 1085.00

Exterior Features

  • Construction Materials: Block
  • Waterfront Features: Lake Privileges

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, See Remarks
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Amenities: Lake Association
  • Senior Community: No

Schools

  • Elementary School: Meadow Pond Elementary School
  • Middle School: John Jay Middle School
  • High School: John Jay High School
  • Middle School: John Jay Middle School

Lot Info

  • Lot Size Acres: 1.4700
  • Lot Size Area: 1.4700
  • Lot Size Sq Ft: 63872.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 3000-032-00B-10819-000-0002
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-07-12
  • Tax Annual Amount: 10000.00
  • Tax Map Number: 3000-032-00B-10819-000-0002

MLS Schools

  • Elementary School: Meadow Pond Elementary School
  • High School: John Jay High School
  • Middle School District: Katonah Lewisboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jul 12, 2021
Sold by
Macri Mark A and Macri Anthony R
Bought by
Palmesi Steven and Palmesi Lisa
Seller's Agent
Kymie Cooksey
William Raveis-New York LLC
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$543,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,073
Avg. Annual Appreciation
9.66%
Original Mortgage
$351,500
Outstanding Balance
$320,592
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$222,481
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
Palmesi Steven $370,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmesi Steven $351,500
Closed Palmesi Steven $351,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $370,000 -1.3% $341 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $375,000 -- $346 / 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 $9,128 $30,300 $11,000 $19,300
2023 $6,001 $30,300 $11,000 $19,300
2022 $5,086 $18,300 $11,000 $7,300
2021 $4,970 $18,300 $11,000 $7,300
2020 $4,980 $18,300 $11,000 $7,300
2019 $11,858 $18,300 $11,000 $7,300
2017 $0 $45,500 $15,700 $29,800
2016 $11,165 $45,500 $15,700 $29,800
2015 -- $45,500 $15,700 $29,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6102119

OneKey® MLS

APN: 3000-032-00B-10819-000-0002