NOT LISTED FOR SALE

47 Lake Kitchawan Dr South Salem, NY 10590

Estimated Value: $470,000 - $552,725

2 Beds
1.5 Baths
1,417 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $305,000 $215 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,686/month

46 Days on Market

Highlights

  • Lake Privileges
  • Main Floor Primary Bedroom
  • Cottage
  • Meadow Pond Elementary School Rated A
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of April 2021

Incredible opportunity to restore this wonderful Cottage in Lake Kitchawan, offered for the first time in 44 years! Adorable lake house with two bedrooms, living room, family room with fireplace, kitchen, full bath, large den/office space upstairs with half bath that has had fixtures removed, and a great walk up attic space. Almost 1/2 acre of lovely property, wood deck. Nice corner property with driveway in front of house and second driveway that will fit 3-4 cars in back of house on dead end, Curtis Road. New above ground oil tank 2016, washer & dryer approximately 5 years old, town card says 3 bedroom but septic tank just under 1,000 gallons, 16 x 16 shed, garage was converted to utilities/basement with laundry. Lake Rights. This house and property are sold AS IS. Fireplace needs work before safe to use. No access allowed on this property without appointment!

Last Agent to Sell the Property

Donna Gravenese

Houlihan Lawrence Inc. License #10301206604 Listed on: 08/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,197

Year Built

  • Built in 1944

Lot Details

  • 0.46

Parking

  • Driveway

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,417 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Walkup Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Schools

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

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Well
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Lake Privileges
  • 0.46 Acre Lot

Listing and Financial Details

  • Exclusions: A/C Units,Second Freezer
  • Assessor Parcel Number 3000-042-00A-10297-000-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,197

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: A/C Units,Second Freezer
  • Year Built: 1944
  • Attribution Contact: 914-234-3642
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Walkup
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Partial, See Remarks, Unfinished, Walk-Out Access
  • Inclusions: Dryer, Refrigerator, Washer
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1417.00
  • Square Footage: 1417.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Waterfront Features: Lake Privileges

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Propane, Baseboard
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 2
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Additional Fee Description: Lake Kitchawan Association Dues
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

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: 0.4600
  • Lot Size Area: 0.4600
  • Lot Size Sq Ft: 19911.00
  • Lot Size Units: Acres
  • Parcel Number: 3000-042-00A-10297-000-0001
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-04-01
  • Tax Annual Amount: 9197.00
  • Tax Map Number: 3000-042-00A-10297-000-0001

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
Aug 8, 2020
Closed on
Apr 1, 2021
Sold by
Repp Barbara
Bought by
Lulaj Albano
Seller's Agent
Donna Gravenese
Houlihan Lawrence Inc.
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Current Estimated Value
$517,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,681
Avg. Annual Appreciation
12.75%
Original Mortgage
$274,500
Outstanding Balance
$248,377
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$269,304
Source: Public Records

Range of Values:

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Average Value
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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
Lulaj Albano $305,000 Judicial Title
Lljlaj Albano $305,000 Judicial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lulaj Albano $274,500
Previous Owner Repp Gregory $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $305,000 -7.3% $215 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $329,000 -- $232 / 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 $10,453 $33,300 $9,000 $24,300
2023 $9,887 $33,300 $9,000 $24,300
2022 $9,571 $33,300 $9,000 $24,300
2021 $9,360 $33,300 $9,000 $24,300
2020 $3,843 $33,300 $9,000 $24,300
2019 $7,298 $28,000 $3,700 $24,300
2017 $0 $28,000 $3,700 $24,300
2016 $6,871 $28,000 $3,700 $24,300
2015 -- $28,000 $3,700 $24,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6056317

OneKey® MLS

APN: 3000-042-00A-10297-000-0001