NOT LISTED FOR SALE

480 Academy Hill Rd Red Hook, NY 12571

Milan Neighborhood

Estimated Value: $1,386,000 - $2,183,000

4 Beds
3.5 Baths
2,934 Sq Ft
$590/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $1,690,000 $576 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,733/month

189 Days on Market

Highlights

  • Lake Front
  • 31 Acre Lot
  • Deck
  • In Ground Pool
  • Cape Cod Architecture
  • Private Lot

About This Home

As of May 2022

This private 31 acre retreat in Milan is the ultimate space to relax and entertain, with a Main House, separate spacious modern Entertainment Studio, pool, and generator sufficient to power both structures for days. The main home's open floor plan features a living room with stone FP, eat-in kitchen with stainless steel appliances, pantry, laundry & powder room, and a back deck facing picturesque protected wetlands. First floor primary suite features master bath with large stone double-headed shower and walk-in closet. Upstairs are two more bedrooms, full bath, and office/play area. Finished basement with bedroom, family room, full bath, and second laundry area. Enjoy the wrap-around mahogany porch, a separate screened-in dining area, and heated swimming pool. The 2-story custom-built Entertaining Studio has high ceilings, upscale finishes, and an open concept main floor. It has a fully-outfitted kitchen with Viking appliances, beverage refrigerators, island seating & walk-in pantry. The living/dining area is complemented by a wood-burning fireplace, large projection media screen, and full bath. Upstairs are three rooms, two stunning full baths, and laundry room with double washer/dryers. The grounds offer walking trails, box garden with full irrigation system & greenhouse, outdoor shower, and wood shed. Additional 17 acres available for sale. Conveniently located near Red Hook, Rhinebeck, Pine Plains, and Taconic Parkway. EXCLUSIVE,AboveGrade:2934,ROOF:Metal,FLOORING:Ceramic Tile,Wood,FOUNDATION:Concrete,Level 1 Desc:LIVING, DINING, KITCHEN, PRIMARY BR+ BATH, POWDER,InteriorFeatures:All Window Treatments,Gas Stove Connection,Walk-In Closets,Level 2 Desc:BR2, BR3, BATH,AMENITIES:Pool,ExteriorFeatures:Outside Lighting,Below Grnd Sq Feet:1052,Cooling:Zoned,EQUIPMENT:Water Filter,APPLIANCES:Water Softener

Last Agent to Sell the Property

LILLIAN LIN

Rouse + Co Real Estate LLC License #10401288390 Listed on: 10/01/2021

Last Buyer's Agent

Patricia Dantzic

Compass Greater NY, LLC License #10401332072

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,167

Year Built

  • Built in 2004

Lot Details

  • 31 Acre Lot
  • Lake Front
  • Fenced
  • Private Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,934 Sq Ft Home
  • High Ceiling
  • 1 Fireplace
  • Park or Greenbelt Views

Kitchen

  • Oven
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Seymour Smith Intermediate Lrn Ctr
  • Stissing Mountain Jr/Sr High Middle School
  • Stissing Mountain Jr/Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 13360000657200006122910000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,167

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Property SubType: Single Family Residence
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer
  • Interior Amenities: High Ceilings
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Ceiling Fan,Dishwasher,Dryer,Freezer,Refrigerator,Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2934
  • SquareFootage: 2934.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Lake/Pond/Stream, Waterfront
  • Fencing: Fenced
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Open, Park/Greenbelt
  • Patio and Porch Features: Deck
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Stissing Mountain Jr/Sr High School

Lot Info

  • Lot Size Acres: 31
  • Lot Size Units: Acres
  • Lot Features: Wooded, Private
  • Parcel Number: 13360000657200006122910000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15167
  • Tax Map Number: 13360000657200006122910000

MLS Schools

  • Elementary School: Seymour Smith Intermediate Lrn Ctr
  • High School: Stissing Mountain Jr/Sr High School
  • Middle School District: Pine Plains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
May 6, 2022
Sold by
Adelman Jeremy and Adelman Leigh
Bought by
Dionne Ret and Foreht
Seller's Agent
LILLIAN LIN
Rouse + Co Real Estate LLC
Buyer's Agent
Patricia Dantzic
Compass Greater NY, LLC
List Price
$2,125,000
Sold Price
$1,690,000
Premium/Discount to List
-$435,000
-20.47%
Current Estimated Value
$1,731,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,176
Avg. Annual Appreciation
0.65%
Original Mortgage
$1,352,000
Outstanding Balance
$1,277,449
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$453,727

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jan 25, 2016
Sold by
Painter Barbie
Bought by
Adelman Jeremy
Seller's Agent
Julia Crowley
Rouse + Co Real Estate, LLC
Buyer's Agent
Katherine Jennings
Houlihan Lawrence, Inc.
List Price
$725,000
Sold Price
$632,500
Premium/Discount to List
-$92,500
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$506,000
Interest Rate
3.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 2014
Sold by
Painter Barbie
Bought by
Painter Barbie

Purchase Details

Closed on
Dec 1, 2003
Sold by
Peters Michael K
Bought by
Painter Barbie

Purchase Details

Closed on
Oct 5, 1998
Sold by
Peters Arnold
Bought by
Peters Micheael R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dionne Ret $1,690,000 Misc Company
Dionne Ret $1,690,000 Misc Company
Adelman Jeremy $632,500 --
Adelman Jeremy $632,500 --
Painter Barbie -- --
Painter Barbie -- --
Painter Barbie $220,000 Wendy Lyons
Painter Barbie $220,000 Wendy Lyons
Peters Micheael R -- --
Peters Micheael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dionne Ret $1,352,000
Closed Dionne Ret $1,352,000
Previous Owner Adelman Jeremy $506,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $1,690,000 -20.5% $576 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $2,125,000 +236.0% $724 / Sq Ft
01/25/2016 01/25/16 Sold $632,500 -12.8% $336 / Sq Ft View Prior Sale
12/11/2015 12/11/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $725,000 -- $385 / 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 $20,911 $1,424,500 $298,300 $1,126,200
2023 $20,558 $1,383,000 $298,300 $1,084,700
2022 $19,400 $1,300,100 $278,800 $1,021,300
2021 $15,132 $811,200 $278,800 $532,400
2020 $14,608 $732,500 $278,800 $453,700
2019 $14,378 $732,500 $278,800 $453,700
2018 $14,365 $732,500 $278,800 $453,700
2017 $12,584 $640,700 $278,800 $361,900
2016 $14,122 $710,020 $366,200 $343,820
2015 -- $731,900 $388,000 $343,900
2014 -- $591,200 $383,200 $208,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LILLIAN LIN

    Rouse + Co Real Estate LLC

    (917) 270-9336

    5 in this area

    55 Total Sales

    LILLIAN LIN
    Section Image
  • Patricia Dantzic

    Buyer's Agent in 2022

    Patricia Dantzic

    Compass Greater NY, LLC

    (845) 901-7616

    5 in this area

    61 Total Sales

    Patricia Dantzic
    Section Image

  • J

    Seller's Agent in 2016

    Julia Crowley

    Rouse + Co Real Estate, LLC

    (845) 797-1262

    1 in this area

    16 Total Sales

    Julia Crowley
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Linda Lindsay

    Upstate Down

    (845) 464-9282

    4 in this area

    94 Total Sales

    Linda Lindsay
    Section Image

  • K

    Buyer's Agent in 2016

    Katherine Jennings

    Houlihan Lawrence, Inc.

    12 Total Sales

    Katherine Jennings
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYM403931

OneKey® MLS

APN: 133600-6572-00-612291-0000

New York Dutchess County Red Hook 12571 Milan

480 Academy Hill Rd, Red Hook, NY

Not Listed for Sale

Detached

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