NOT LISTED FOR SALE

500 Monterey Ave Pelham, NY 10803

Estimated Value: $2,549,484 - $2,766,000

8 Beds
4.5 Baths
7,539 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $2,243,000 $298 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,422/month

79 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.79 Acre Lot
  • Wood Flooring
  • Pelham Memorial High School Rated A+
  • Colonial Architecture
  • 5 Fireplaces

About This Home

As of October 2024

This distinguished 7539 sq. ft. Center Hall Colonial is prominently situated on a valuable double lot in the esteemed neighborhood of Pelham Manor. With timeless charm and architectural sophistication, the well-appointed layout features 8 bedrooms, 4.5 baths, and an array of original details, including 5 fireplaces, French doors, handcrafted moldings, back stairs, and beautiful hardwood flooring. The main level greets visitors with an impressive entry foyer with 9+ft ceilings, leading to a formal dining room w/fireplace, a spacious living room w/fireplace and expansive adjoining sunroom, and a library with its own fireplace, creating an inviting living space. The generously sized primary suite offers a large bedroom w/ fireplace, study, and ensuite bath, providing an ideal retreat. With its central location within walking distance to schools, train, shopping, and the village, this home presents a rare opportunity to create your own dream home in Pelham Manor, just 29 minutes from NYC. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,

Last Agent to Sell the Property

Laura Clemente

Compass Greater NY, LLC Brokerage Phone: (914) 738-5150 License #40CL1174761 Listed on: 04/24/2024

Compass Greater NY, LLC

Last Buyer's Agent

Kristin Bischof

Julia B Fee Sothebys Int. Rlty License #10301215090

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,558

Year Built

  • Built in 1905

Lot Details

  • 0.79

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 7,539 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • 5 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Siwanoy Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Gas Water Heater

Additional Features

  • Porch
  • 0.79 Acre Lot
  • Property is near schools

Listing and Financial Details

  • Exclusions: Chandelier(s),See Remarks
  • Assessor Parcel Number 4405-164-069-00001-000-0074

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,558

Year Built

Built in 1905

Lot Details

0.79 Acres

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Chandelier(s),See Remarks
  • Year Built: 1905
  • Attribution Contact: (914) 738-5150
  • Building Stories: 3
  • CurrentPrice: 2243000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 297.51956
  • ListPrice_By_LivingArea: 311.71243
  • ListPrice_By_OriginalListPrice: 0.92157
  • ListPrice_By_LotSizeAcres: 2974683.5443
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Refrigerator
  • Interior Amenities: Chefs Kitchen, Eat-in Kitchen, Formal Dining, Entrance Foyer, High Ceilings, Primary Bathroom, Original Details, Pantry
  • Fireplaces: 5
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Walk-Out Access
  • Inclusions: Oven/Range
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Living Area: 7539
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • Patio and Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached

Utilities

  • Cooling: None
  • Heating: Oil, Hot Water, Steam
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.79
  • Lot Size Sq Ft: 34412
  • Lot Features: Near School
  • Parcel Number: 4405-164-069-00001-000-0074
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 48558
  • Tax Year: 2023

MLS Schools

  • Elementary School: Siwanoy
  • High School: Pelham Memorial High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Oct 11, 2024
Sold by
Dwyer Jane and Dwyer Catherine Jane
Bought by
Kelly Edward and Kelly Courtney
Seller's Agent
Laura Clemente
Compass Greater NY, LLC
Buyer's Agent
Kristin Bischof
Julia B Fee Sothebys Int. Rlty
List Price
$2,550,000
Sold Price
$2,243,000
Premium/Discount to List
-$307,000
-12.04%
Current Estimated Value
$2,660,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,871
Avg. Annual Appreciation
13.38%
Original Mortgage
$2,762,500
Outstanding Balance
$2,733,274
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$72,403
Source: Public Records
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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
Kelly Edward $2,430,000 First American Title
Kelly Edward $2,430,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Edward $2,762,500
Closed Kelly Edward $2,762,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $2,243,000 -12.0% $298 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $2,550,000 -- $338 / 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 $56,585 $2,225,000 $584,000 $1,641,000
2023 $46,672 $2,119,000 $389,000 $1,730,000
2022 $44,235 $1,944,000 $389,000 $1,555,000
2021 $43,981 $1,800,000 $389,000 $1,411,000
2020 $44,126 $1,800,000 $389,000 $1,411,000
2019 $58,134 $1,800,000 $389,000 $1,411,000
2018 $34,543 $1,800,000 $389,000 $1,411,000
2017 $7,296 $1,760,000 $389,000 $1,371,000
2016 $48,316 $1,675,000 $389,000 $1,286,000
2015 -- $1,595,000 $389,000 $1,206,000
2014 -- $1,595,000 $389,000 $1,206,000
2013 -- $1,545,000 $389,000 $1,156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6299524

OneKey® MLS

APN: 4405-164-069-00001-000-0074

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