NOT LISTED FOR SALE

5 Summit Ave Ardsley, NY 10502

Estimated Value: $1,269,000 - $1,479,000

5 Beds
3.5 Baths
2,856 Sq Ft
$471/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $955,000 $334 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,799/month

12 Days on Market

Highlights

  • 0.65 Acre Lot
  • Midcentury Modern Architecture
  • Wood Burning Stove
  • Ardsley Middle School Rated A+
  • Deck
  • Partially Wooded Lot

About This Home

As of November 2021

First time on market! Built in 1961 for original, forward thinking and creative couple, this mid-century modern offers elements that are truly unique. Designed by Davis, Brody and Wisniewski to flow with the curvature of the property, the owners requested a house that was unusual and exciting. The architects delivered. The redwood ceiling in the living room soars upward, cathedral like, anchored by an impressive two-story brick fireplace. The walls are an art statement themselves, built on the diagonal for architectural interest as well as functionality, preventing acoustical bounce and echoing. The angled windows, strategically placed, allows light to illuminate the interior in subtle but dramatic ways. An addition, added in 1971, added 3 more bedrooms and livings spaces to accommodate their growing family. This home is in need of complete restoration, but the end product will be a home like no other. A cathedral in the heart of Ardsley where coming home can be a spiritual experience.

Last Agent to Sell the Property

Amy Via

Houlihan Lawrence Inc. License #40VI0539982 Listed on: 09/17/2021

Houlihan Lawrence Inc.

Co-Listed By

Todd Goddard

Houlihan Lawrence Inc. License #10301200863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,805

Year Built

  • Built in 1961

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Partially Wooded Lot

Parking

  • Carport

Home Design

  • Midcentury Modern Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Storage
  • Unfinished Basement
  • Walk-Out Basement
  • No Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • Balcony
  • Deck

Schools

  • Concord Road Elementary School
  • Ardsley Middle School
  • Ardsley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 2601-006-090-00083-000-0006

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,805

Year Built

Built in 1961

Lot Details

0.65 Acres

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid Century Modern
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1961
  • Attribution Contact: 914-328-8400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Master Bath, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Fireplace Features: Wood Burning Stove
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2856.00
  • Square Footage: 2856.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Carport

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ardsley Middle School

Lot Info

  • Lot Size Acres: 0.6500
  • Lot Size Sq Ft: 28466.00
  • Lot Size Units: Acres
  • Lot Features: Level, Partly Wooded, Sloped, Cul-De-Sec
  • Parcel Number: 2601-006-090-00083-000-0006
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-15
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 27805.00
  • Tax Map Number: 2601-006-090-00083-000-0006

MLS Schools

  • Elementary School: Concord Road Elementary School
  • High School: Ardsley High School
  • Middle School District: Ardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 15, 2021
Sold by
Shultzman Jeffrey and Robins Family Trust
Bought by
Letite Brett and Letite Jennifer
Seller's Agent
Amy Via
Houlihan Lawrence Inc.
List Price
$899,000
Sold Price
$955,000
Premium/Discount to List
$56,000
6.23%
Current Estimated Value
$1,344,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,819
Avg. Annual Appreciation
8.39%
Original Mortgage
$764,000
Outstanding Balance
$700,074
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$644,745

Purchase Details

Closed on
Nov 10, 2016
Sold by
Robins Eugene and Robins Sybil
Bought by
Goldman Alvin and Robins Family Trust

Purchase Details

Closed on
Feb 1, 1996
Sold by
Robins Eugene and Robins Sybil
Bought by
Cillo Louis
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
Letite Brett $955,000 Statewide Abstract Corp
Lotito Brett $955,000 Stewart Title
Goldman Alvin -- None Available
Cillo Louis $160,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotito Brett $764,000
Closed Letite Brett $764,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $955,000 +6.2% $334 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $899,000 -- $315 / Sq Ft
Source: OneKey® MLS

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 $34,452 $1,044,300 $389,700 $654,600
2023 $32,772 $979,900 $338,900 $641,000
2022 $31,048 $937,300 $338,900 $598,400
2021 $22,754 $852,100 $338,900 $513,200
2020 $22,047 $816,500 $254,200 $562,300
2019 $23,943 $816,500 $254,200 $562,300
2018 $21,693 $816,500 $254,200 $562,300
2017 $12,739 $771,600 $254,200 $517,400
2016 $20,826 $749,100 $254,200 $494,900
2015 -- $20,150 $1,350 $18,800
2014 -- $20,150 $1,350 $18,800
2013 $23,024 $20,150 $1,350 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6143282

OneKey® MLS

APN: 2601-006-090-00083-000-0006

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