NOT LISTED FOR SALE

41 Cedar Ln Ossining, NY 10562

Estimated Value: $593,000 - $715,000

4 Beds
2 Baths
2,251 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $510,000 $227 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,141/month

29 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Park School Rated A-
  • Property is near public transit
  • Window Unit Cooling System

About This Home

As of September 2021

Recently renovated Multi-Family home with amazing views of the Hudson River. Close to town, train, schools and shopping. Excellent investment opportunity. First floor unit has two bedrooms, kitchen, bathroom and sunroom. Second floor unit has two bedrooms, kitchen and bathroom. Full walk out side patio basement (of over 600 additional sqft) for additional finished storage space. Oversized backyard ready for a your garden or pool! Basic STAR deduction is $2,011.71 off of your taxes and Enhanced STAR deduction is $4,304 Although there are two gas meters on this property they are disconnected at the street, the heat source is oil and the water heaters are electric. The seller will not be reconnecting the gas service. The seller's have received multiple offers and are respectfully requesting "Highest and Best" offers by 11 am tomorrow (Monday, June 28).

Last Agent to Sell the Property

Clayton Livingston

McGrath Realty Inc License #30LI0772064 Listed on: 06/23/2021

Co-Listed By

Valerie Port

McGrath Realty Inc License #10301221091

Last Buyer's Agent

Elvis Gonzalez

Fave Realty Inc. License #10401287727

Fave Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,916

Year Built

  • Built in 1912 | Remodeled in 2020

Lot Details

  • 9,008 Sq Ft Lot
  • No Common Walls
  • Sloped Lot

Property Views

  • Water
  • Panoramic

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 2,251 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Parking

  • 8 Parking Spaces
  • Private Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Anne M Dorner Middle School
  • Ossining High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 4203-089-011-00000-000-0049-000-0-1

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,916

Year Built

Built in 1912 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1912
  • Year Built Effective: 2020
  • Attribution Contact: 845-855-5550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2251.00
  • Square Footage: 2251.00

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • View: Panoramic, Water
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 8.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street, Private

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Anne M Dorner Middle School

Lot Info

  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9008.00
  • Lot Size Units: Acres
  • Lot Features: Sloped, Near Public Transit
  • Parcel Number: 4203-089-011-00000-000-0049-000-0-1
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-07-14
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-09-01
  • Tax Annual Amount: 13916.00
  • Tax Map Number: 4203-089-011-00000-000-0049-000-0-1

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Ossining High School
  • Middle School District: Ossining

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 31, 2021
Sold by
Kasinathan Rengasamy
Bought by
Maria Starlin D and Jimenez Audrey F
Seller's Agent
Clayton Livingston
McGrath Realty Inc
Buyer's Agent
Elvis Gonzalez
Fave Realty Inc.
List Price
$439,000
Sold Price
$510,000
Premium/Discount to List
$71,000
16.17%
Current Estimated Value
$669,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,910
Avg. Annual Appreciation
6.78%
Original Mortgage
$500,762
Outstanding Balance
$454,976
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$214,934

Purchase Details

Listed on
Sep 21, 2018
Closed on
Sep 6, 2018
Sold by
Pena Jose and Pena Magda
Bought by
The Bank Of York Mellon and The Bank Of York
Seller's Agent
Doug Lombardo
Stone Bay Realty Services
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$239,900
Sold Price
$312,375
Premium/Discount to List
$72,475
30.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rios Charles and Rios Charlie
Bought by
Pena Jose and Pena Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2001
Sold by
Mkdc Realty Corp
Bought by
Rios Charles and Rios Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Maria Starlin D $510,000 None Available
Maria Starlin D $510,000 First American Title
The Bank Of York Mellon $750,122 None Available
Pena Jose $645,000 The Judicial Title Insurance
Rios Charles $260,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maria Starlin D $500,762
Previous Owner Pena Jose $483,750
Previous Owner Rios Charles $245,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $510,000 0.0% $227 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/30/2021 06/30/21 Off Market $510,000 -- --
06/23/2021 06/23/21 For Sale $439,000 +40.5% $195 / Sq Ft
10/30/2018 10/30/18 Sold $312,375 +30.2% $139 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $239,900 -- $107 / 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 $19,625 $543,500 $141,500 $402,000
2023 $16,118 $504,200 $141,500 $362,700
2022 $15,263 $441,900 $141,500 $300,400
2021 $13,418 $379,200 $141,500 $237,700
2020 $13,916 $379,200 $141,500 $237,700
2019 $13,985 $330,600 $157,200 $173,400
2018 $14,112 $330,600 $157,200 $173,400
2017 $1,740 $327,400 $157,200 $170,200
2016 $154,657 $321,000 $157,200 $163,800
2015 $8,630 $15,900 $4,700 $11,200
2014 $8,630 $15,900 $4,700 $11,200
2013 $8,630 $15,900 $4,700 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6125589

OneKey® MLS

APN: 4203-089-011-00000-000-0049-000-0-1