NOT LISTED FOR SALE

433 Jay St Katonah, NY 10536

Estimated Value: $4,309,000 - $5,003,000

5 Beds
4.5 Baths
7,200 Sq Ft
$660/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $2,550,000 $354 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $29,620/month

249 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • 11.13 Acre Lot
  • Katonah Elementary School Rated A
  • Tennis Courts
  • Colonial Architecture

About This Home

As of June 2020

A long drive to eleven beautiful estate acres with a completely renovated classic Center Hall Colonial. This property includes a spectacular Ritz Carlton-worthy infinity edge pool, pool/guest house and tennis court - all overlooking the rolling landscape to a picturesque pond. Open meadows, specimen plantings, age-old trees and stonewalls create an incredible getaway. Just moments from the ultra charming town of Katonah, the farmer's market, activities at John Jay Homestead, events at Caramoor and amazing hiking at the reservation, the location is stellar. Beautiful formal rooms, chef's kitchen open to great room with stone fireplace, sun room, main floor office, five bedrooms and finished walk out lower level with 2,000 bottle wine cellar, game room, fireplace and full bath. The property is bordered by conservation land and has access to the trails for great riding and hiking.

Last Agent to Sell the Property

Angela Kessel

Houlihan Lawrence Inc. License #40KE1020393 Listed on: 09/13/2019

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,356

Year Built

  • Built in 1950 | Remodeled in 2008

Lot Details

  • 11.13 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Clapboard

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • 4 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Unfinished Attic
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Finished Basement

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

Outdoor Features

  • Tennis Courts
  • Patio
  • Porch

Schools

  • Katonah Elementary School
  • John Jay Middle School
  • John Jay High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • 7 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Property is near public transit
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 2000-061-006-00001-000-0008

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,356

Year Built

Built in 1950 | Remodeled in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1950
  • Year Built Effective: 2008
  • Attribution Contact: 914-234-9099
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Master Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Unfinished
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 7200.00
  • Square Footage: 7200.00

Exterior Features

  • Construction Materials: Brick, Frame, Clapboard
  • Waterfront Features: Lake/Pond/Stream
  • View: Other, Water
  • Exterior Features: Tennis Court(s)
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Attached, 3 Car Attached

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water, Radiant
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 7
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: John Jay Middle School

Lot Info

  • Horses: Yes
  • Lot Size Acres: 11.1300
  • Lot Dimensions: 11.1262
  • Lot Size Sq Ft: 484657.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 2000-061-006-00001-000-0008
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-06-25
  • Tax Annual Amount: 73356.00
  • Tax Map Number: 2000-061-006-00001-000-0008

MLS Schools

  • Elementary School: Katonah 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
Sep 13, 2019
Closed on
Jun 25, 2020
Sold by
Hervey John D and Hervey Pamela S
Bought by
Wakin Eric and Kaminsky Kathryn
Seller's Agent
Angela Kessel
Houlihan Lawrence Inc.
List Price
$2,790,000
Sold Price
$2,550,000
Premium/Discount to List
-$240,000
-8.6%
Current Estimated Value
$4,755,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,205,282
Avg. Annual Appreciation
11.93%
Original Mortgage
$1,785,000
Outstanding Balance
$1,582,820
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,172,462

Purchase Details

Closed on
Jun 25, 2005
Sold by
Hervey John D and Iiervey Pamela S
Bought by
Wakin Eric and Kamlnsky Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Arons John L and Neary Mary C
Bought by
Hervey John D and Hervey Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1997
Sold by
Arons John L
Bought by
Arons John L and Neary Mary C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wakin Eric $2,550,000 Benchmark Title Agency
Wakin Eric $2,550,000 Benchmark Escrow & Title
Hervey John D $2,950,000 Chicago Title Insurance Co
Arons John L -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakin Eric $1,785,000
Previous Owner Wakin Eric $1,785,000
Previous Owner Hervey John D $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $2,550,000 0.0% $354 / Sq Ft
03/28/2020 03/28/20 Off Market $2,550,000 -- --
09/13/2019 09/13/19 For Sale $2,790,000 -- $388 / 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 -- $251,370 $66,000 $185,370
2023 $69,161 $251,370 $66,000 $185,370
2022 $71,550 $270,375 $66,000 $204,375
2021 $73,600 $270,375 $66,000 $204,375
2020 $70,432 $270,375 $66,000 $204,375
2019 $72,018 $270,375 $66,000 $204,375
2018 $73,709 $270,375 $66,000 $204,375
2017 $53,871 $270,375 $66,000 $204,375
2016 $81,772 $310,300 $66,000 $244,300
2015 -- $310,300 $66,000 $244,300
2014 -- $310,300 $66,000 $244,300
2013 -- $310,300 $66,000 $244,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5009748

OneKey® MLS

APN: 2000-061-006-00001-000-0008