NOT LISTED FOR SALE

Estimated Value: $3,988,000 - $5,141,000

7 Beds
8.5 Baths
14,056 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $3,855,000 $274 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $29,075/month

98 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Colonial Architecture
  • Purchase School Rated A
  • 1 Acre Lot
  • Wood Flooring

About This Home

As of July 2022

Best in Class Estate living at 5 Fairway Drive! Set on one acre on the 7th hole of the Country Club of Purchase, this stone and cedar shingle seven bedroom, 8.1 bath custom built colonial eludes perfection upon entering into a double story foyer with an impressive double sweeping staircase. The home's many amenities included 10 ft ceilings, heated pool w/a Jacuzzi, expansive chef's kitchen which extends to the breakfast room and great room with a wood burning and doors leading patio, pool and grounds. To complete this picture of perfection one cannot miss the additional 4435 sq ft in the finished walk out lower level which boasts a billiard room, full gym, recreation room, wet bar and lounge, poker room and a steam room which makes this home a must see.

Last Agent to Sell the Property

Elizabeth Ross

Compass Greater NY, LLC License #40RO0975177 Listed on: 01/26/2022

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,124

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding
  • Cedar

Interior Spaces

  • 14,056 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 5 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Sauna
  • Wood Flooring
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Attic

  • Full Attic
  • Walkup Attic

Finished Basement

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

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Schools

  • Purchase Elementary School
  • Louis M Klein Middle School
  • Harrison High School

Utilities

  • Central Air
  • 10 Heating Zones
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Association fees include ground maintenance
  • Purchase Estates Community
  • Purchase Estates Subdivision

Listing and Financial Details

  • Exclusions: See Remarks,Selected Light Fixtures
  • Assessor Parcel Number 2801-000-951-00000-000-0089

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,124

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Subdivision Name: Purchase Estates
  • Development Name: Purchase Estates
  • Exclusions: See Remarks,Selected Light Fixtures
  • Year Built: 2006
  • Attribution Contact: 914-353-5570
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Wine Cooler
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Master Bath, Pantry, Sauna, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Attic Description: Full, Walkup
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units, Alarm System, Central Vacuum, Cook Top, Dishwasher, Dryer, Garage Door Opener, Garage Remote, Mailbox, Pool Equipt/Cover, Screens, See Remarks, Shades/Blinds, Speakers Indoor, Wall Oven, Wine Cooler
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 14056.00
  • Square Footage: 14056.00

Exterior Features

  • Construction Materials: Frame, Cedar, Stone
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Sprinkler Lawn System
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hydro Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 10
  • Security: Security System, Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

Schools

  • Middle School: Louis M Klein Middle School

Lot Info

  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Lot Size Units: Acres
  • Lot Features: Level, Cul-De-Sec
  • Parcel Number: 2801-000-951-00000-000-0089
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-11
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 69124.00
  • Tax Map Number: 2801-000-951-00000-000-0089

MLS Schools

  • Elementary School: Purchase School
  • High School: Harrison High School
  • Middle School District: Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jul 8, 2022
Sold by
Biondi Lawrence and Biondi Marisa
Bought by
Kma Limited Partnership
Seller's Agent
Elizabeth Ross
Compass Greater NY, LLC
List Price
$4,495,000
Sold Price
$3,855,000
Premium/Discount to List
-$640,000
-14.24%
Current Estimated Value
$4,375,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,627
Avg. Annual Appreciation
3.83%
Original Mortgage
$3,000,000
Outstanding Balance
$2,806,917
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,568,710
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
Kma Limited Partnership $3,855,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kma Limited Partnership $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $3,855,000 -14.2% $274 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $4,495,000 -- $320 / 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 $73,520 $44,400 $6,000 $38,400
2023 $78,521 $44,400 $6,000 $38,400
2022 $68,436 $43,900 $6,000 $37,900
2021 $67,012 $43,900 $6,000 $37,900
2020 $72,904 $43,900 $6,000 $37,900
2019 $86,413 $43,900 $6,000 $37,900
2018 $88,732 $54,500 $6,000 $48,500
2017 $0 $54,500 $6,000 $48,500
2016 $81,727 $54,500 $6,000 $48,500
2015 -- $54,500 $6,000 $48,500
2014 -- $55,250 $6,000 $49,250
2013 -- $55,250 $6,000 $49,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6163386

OneKey® MLS

APN: 2801-000-951-00000-000-0089