NOT LISTED FOR SALE

503 N Broadway Nyack, NY 10960

Estimated Value: $1,185,782 - $2,328,000

4 Beds
5.5 Baths
4,800 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $3,125,000 $651 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $11,413/month

76 Days on Market

Highlights

  • Beach Front
  • River Access
  • Deck
  • Nyack Senior High School Rated A
  • Panoramic View
  • Contemporary Architecture

About This Home

As of June 2021

The Waterfall House. Modern 4,800sf home on the Hudson River w/325 ft sandy beach on 6.5 acres and an ancient waterfall with 5 wading pools that cascade 80 ft from the top of the property to the Hudson. After a heavy rain it becomes an extraordinary white water stream. A site to see and hear! Video attached. The force of the waterfall has created a very large tidal beach at low tide (twice a day). The house's floating dock can be easily rebuilt. There's also a spring fed pond on the property and man made stream runs outside front door. This home offers the perfect lifestyle for the active water enthusiast or someone seeking the perfect water view. The Waterfall House features modern, open spaces that soar with motion inside and out. Cantilevered decks, atriums, multi levels and surprises at every turn. Created with stone, marble, jade, quartz, glass, stainless steel, mahogany and teak, with numerous patios, decking, skylights and more. Gated and ultra private. Featured on NBC Open House. 45 min to NYC. Nothing like it!

Last Agent to Sell the Property

Richard Ellis

Ellis Sotheby's Intl Realty License #49EL1057037 Listed on: 02/03/2021

Ellis Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,816

Year Built

  • Built in 1996

Lot Details

  • 6.52 Acre Lot
  • Beach Front
  • Stone Wall
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Panoramic

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,800 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Flooring
  • No Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Balcony
  • Deck

Schools

  • Upper Nyack Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Assessor Parcel Number 392001.060.014-0001-006.000/0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,816

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Hamlet: Upper Nyack
  • Year Built: 1996
  • Attribution Contact: 845-353-4250
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: See Remarks
  • Inclusions: B/I Audio/Visual Equip, B/I Shelves, Cook Top, Dishwasher, Door Hardware, Dryer, Garage Door Opener, Microwave, Refrigerator, Speakers Indoor, Speakers Outdoor, Wall Oven, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 4800.00
  • Window Features: Skylight(s)
  • Square Footage: 4800.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood Siding
  • Waterfront Features: Beach Front, River Access, Water Access, Waterfront
  • View: Panoramic, River, Water
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air, Radiant
  • Hot Water: Gas Stand Alone
  • Heating Zones: 5
  • Sewer: Public Sewer
  • Water Source: Well

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Upper Nyack School
  • Middle School: Nyack Middle School
  • High School: Nyack Senior High School
  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 6.5200
  • Lot Size Area: 6.5200
  • Lot Size Sq Ft: 284011.00
  • Lot Size Units: Acres
  • Lot Features: Partly Wooded, Stone/Brick Wall
  • Parcel Number: 392001.060.014-0001-006.000/0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-06-02
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 74816.00
  • Tax Map Number: 392001.060.014-0001-006.000/0000

MLS Schools

  • Elementary School: Upper Nyack School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 2, 2021
Sold by
Spirtos Michael J
Bought by
Carter Eric and Carter Frances
Seller's Agent
Richard Ellis
Ellis Sotheby's Intl Realty
List Price
$3,493,000
Sold Price
$3,125,000
Premium/Discount to List
-$368,000
-10.54%
Current Estimated Value
$1,736,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,388,073
Avg. Annual Appreciation
-13.68%

Purchase Details

Closed on
Apr 8, 2010
Sold by
Watkins David M
Bought by
Spirtos Michael J

Purchase Details

Closed on
Jul 24, 2009
Sold by
Watkins David M
Bought by
Watkins David M and Watkins Revocable Family Trust

Purchase Details

Closed on
May 15, 2009
Sold by
Fuhrmann Dianne
Bought by
Watkins David M

Purchase Details

Closed on
Sep 25, 2007
Sold by
Watkins David M
Bought by
Watkins David M and Fuhrmann Dianne

Purchase Details

Closed on
Apr 10, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Lecroy Walter and Lecroy Doris
Bought by
Dmw Ii Llc
Source: Public Records

Similar Home in Nyack, NY

  • 71 Old Mountain Rd S, Nyack, NY 10960

    $1,999,000

    • 6 Beds
    • 5.5 Baths
    • 4,151 Sq Ft
    • 71 Old Mountain Rd S
    • Nyack, NY

    WHAT IF YOUR HOME FELT LIKE A WEEKEND GETAWAY EVERY DAY? Imagine Your Life Here in this Hudson River Mini-Estate where Modern Living Meets Historic SoulWake up to sweeping Hudson River views, sip coffee on your private deck, then head out for a morning ride along NYC-connected bike trails or a hike through nearby nature preserves. Dock your boat at a local marina, or stroll into Nyack or Piermont

    Lisa Green Wright Bros Real Estate Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carter Eric $3,125,000 None Available
Spirtos Michael J $3,250,000 None Available
Watkins David M -- Chicago Title Insurance Co
Watkins David M $500,000 None Available
Watkins David M $2,424,526 None Available
-- -- --
Watkins David M -- None Available
Dmw Ii Llc $3,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins David M $27,859
Previous Owner Watkins David M $1,300,000
Previous Owner Lecroy Walter O $1,000,000
Previous Owner Lecroy Walter $500,000
Previous Owner Lecroy Walter $8,854
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $3,125,000 -5.2% $651 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $3,295,000 -5.7% $686 / Sq Ft
02/03/2021 02/03/21 For Sale $3,493,000 -- $728 / 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
2023 $84,811 $615,800 $275,000 $340,800
2022 $75,301 $615,800 $275,000 $340,800
2021 $75,175 $615,800 $275,000 $340,800
2020 $65,698 $615,800 $275,000 $340,800
2019 $64,095 $607,800 $275,000 $332,800
2018 $64,095 $607,800 $275,000 $332,800
2017 $63,000 $607,800 $275,000 $332,800
2016 $62,863 $607,800 $275,000 $332,800
2015 -- $607,800 $275,000 $332,800
2014 -- $607,800 $275,000 $332,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6094449

OneKey® MLS

APN: 392001-060-014-0001-006-000-0000