NOT LISTED FOR SALE

407 Melbourne Ave Mamaroneck, NY 10543

Estimated Value: $1,056,000 - $1,320,977

4 Beds
3 Baths
2,970 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $826,000 $278 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,152/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • F.E. Bellows Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2019

Pristine two family home on Melbourne Avenue in a Historic District neighborhood!! First floor unit boasts hardwood floors, living room with fpl, spacious dining room for family gatherings, eat in kitchen overlooking rear property with patio and play area,spiral staircase to small loft office, Master bedroom, bath and 2nd bedroom. Includes lower level recreation room, laundry, full bath and ample storage. Second floor unit has recently finished floors, LR, office, large eat in kitchen, 2 bedrooms, bath and washer/dryer. All this within a short walk to the Mamaroneck metro north train station, Harbor Island beach/park, Mamaroneck village shops and restaurants! Award winning Rye Neck school district!! Parking for 4 cars in rear of house, plus more in driveway!

Last Agent to Sell the Property

Vickie Cox

Julia B Fee Sothebys Int. Rlty License #30CO0491998 Listed on: 05/30/2019

Julia B Fee Sothebys Int. Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,675

Year Built

  • Built in 1910

Lot Details

  • 7,484 Sq Ft Lot
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction
  • Clapboard

Interior Spaces

  • 2,970 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • F E Bellows Elementary School
  • Rye Neck Middle School
  • Rye Neck Senior High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 4803-154-000-00042-002-0007-0000000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,675

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2970.00
  • Square Footage: 2970.00

Exterior Features

  • Construction Materials: Frame, Clapboard, Shingle Siding
  • Patio and Porch Features: Patio
  • View YN: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: F E Bellows Elementary School
  • Middle School: Rye Neck Middle School
  • High School: Rye Neck Senior High School
  • Middle School: Rye Neck Middle School

Lot Info

  • Lot Size Acres: 0.1700
  • Lot Size Area: 0.1700
  • Lot Dimensions: 0.1718
  • Lot Size Sq Ft: 7484.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 4803-154-000-00042-002-0007-0000000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2019-09-19
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 17675.00
  • Tax Map Number: 4803-154-000-00042-002-0007-0000000

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: F E Bellows Elementary School
  • High School: Rye Neck Senior High School
  • Middle School District: Rye Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 19, 2019
Sold by
Gutierrez Margarita
Bought by
Mckinney Jeremy M and Greco Nicole D
Seller's Agent
Vickie Cox
Julia B Fee Sothebys Int. Rlty
List Price
$799,500
Sold Price
$826,000
Premium/Discount to List
$26,500
3.31%
Current Estimated Value
$1,150,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,494
Avg. Annual Appreciation
6.81%
Original Mortgage
$660,800
Outstanding Balance
$586,337
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$634,320

Purchase Details

Closed on
May 29, 2018
Sold by
Gutierrez Fernando and Gutierrez Margarita
Bought by
Gutierrez Margarita

Purchase Details

Closed on
Sep 19, 2001
Sold by
Capparelli Frank and Capparelli Rosa
Bought by
Gutierrez Fernando and Gutierrez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 1996
Sold by
Tuzzolino Frank
Bought by
Capparelli Franco Gustavo and Capparelli Francesco
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
Mckinney Jeremy M $826,000 None Available
Gutierrez Margarita -- First American Title Ins Ny
Gutierrez Fernando $530,000 --
Capparelli Franco Gustavo $240,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Jeremy M $660,800
Previous Owner Gutierrez Fernando $15,393
Previous Owner Gutierrez Fernando $9,502
Previous Owner Gutierrez Fernando $20,000
Previous Owner Gutierrez Fernando $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $826,000 +3.3% $278 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $799,500 0.0% $269 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $799,500 -- $269 / 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 $22,598 $964,500 $406,100 $558,400
2023 $16,713 $927,400 $386,800 $540,600
2022 $16,499 $883,200 $386,800 $496,400
2021 $21,585 $810,300 $386,800 $423,500
2020 $15,696 $810,300 $386,800 $423,500
2019 $14,898 $702,800 $309,300 $393,500
2018 $11,025 $688,100 $303,700 $384,400
2017 $2,785 $682,300 $300,900 $381,400
2016 $14,531 $664,700 $250,800 $413,900
2015 -- $693,800 $281,200 $412,600
2014 -- $532,300 $243,700 $288,600
2013 -- $524,200 $235,600 $288,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4936790

OneKey® MLS

APN: 4803-154-000-00042-002-0007-0000000