NOT LISTED FOR SALE

507 Chestnut Ave Mamaroneck, NY 10543

Estimated Value: $843,000 - $883,000

4 Beds
2 Baths
2,121 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $560,000 $264 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,939/month

222 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Mamaroneck High School Rated A+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of March 2019

Great opportunity to own a two family home located in a single family zone on a dead end street. This house with minor adjustments could be easily be converted to a single family residence to accommodate a big family. Each unit feature 2 bedrooms, 1 full bath, living room and eat in kitchen. Walk out finished basement with full bathroom. Garages current use as storage. House sell "As Is". Property taxes showed without STAR. This property require Flood insurance. Seller will consider a reasonable offer. YOU MUST SEE IT TO APPRECIATED, do not let this opportunity pass you by.

Last Agent to Sell the Property

Carmen Cerron

Great Homes Real Estate Svcs. Brokerage Phone: 914-469-8383 License #10371201148 Listed on: 06/30/2018

Last Buyer's Agent

Assad Masri

Douglas Elliman Real Estate License #10401258184

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,766

Year Built

  • Built in 1932

Lot Details

  • 4,792

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 2,121 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Mamaroneck Avenue Elementary School
  • Hommocks Middle School
  • Mamaroneck High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 3203-008-000-00011-000-0120

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,766

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1932
  • Attribution Contact: 914-469-8383
  • Village: Mamaroneck
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2121
  • SquareFootage: 2121.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Hommocks School

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 3203-008-000-00011-000-0120
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 15766
  • Tax Map Number: 3203-008-000-00011-000-0120

MLS Schools

  • Elementary School: Mamaroneck Avenue School
  • High School: Mamaroneck High School
  • Middle School District: Mamaroneck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Mar 1, 2019
Sold by
Solorzano Maria
Bought by
Clemente Christopher J
Seller's Agent
Carmen Cerron
Great Homes Real Estate Svcs.
Buyer's Agent
Assad Masri
Douglas Elliman Real Estate
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$859,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,722
Avg. Annual Appreciation
6.81%
Original Mortgage
$504,000
Outstanding Balance
$443,998
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$415,724

Purchase Details

Closed on
Jul 2, 2015
Sold by
Solorzano Maria and Lopez Torres John
Bought by
Solorzano Maria

Purchase Details

Closed on
Feb 24, 2014
Sold by
Arce Daniel and Solorzano Maria
Bought by
Solorzano Maria and Lopez Torres John
Source: Public Records

Range of Values:

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Average Value
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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
Clemente Christopher J $560,000 Thoroughbred Title Svcs Llc
Solorzano Maria -- The Judicial Title Ins Agenc
Solorzano Maria -- The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemente Christopher J $504,000
Previous Owner Arce Daniel $340,000
Previous Owner Solorzano Maria $100,000
Previous Owner Arce Daniel $213,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $560,000 -2.6% $264 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $575,000 -- $271 / 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 $15,496 $707,000 $170,500 $536,500
2023 $11,569 $673,000 $170,500 $502,500
2022 $11,072 $647,000 $170,500 $476,500
2021 $14,174 $588,000 $170,500 $417,500
2020 $16,133 $560,000 $170,500 $389,500
2019 $14,658 $560,000 $170,500 $389,500
2018 $5,347 $626,000 $170,500 $455,500
2017 $0 $626,000 $170,500 $455,500
2016 $3,868 $608,000 $157,000 $451,000
2015 -- $533,200 $157,000 $376,200
2014 -- $533,200 $157,000 $376,200
Source: Public Records

Agents Affiliated with this Home

  • Carmen Cerron

    Seller's Agent in 2019

    Carmen Cerron

    Great Homes Real Estate Svcs.

    (914) 469-8383

    4 Total Sales

    Carmen Cerron
    Section Image

  • A

    Buyer's Agent in 2019

    Assad Masri

    Douglas Elliman Real Estate

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4830593

OneKey® MLS

APN: 3203-008-000-00011-000-0120

New York Westchester County Mamaroneck 10528

507 Chestnut Ave, Mamaroneck, NY

This home is located at 507 Chestnut Ave, Mamaroneck, NY 10543 since 30 June 2018 and is currently estimated at $859,722, approximately $405 per square foot. This property was built in 1932. 507 Chestnut Ave is a home located in Westchester County with nearby schools including Mamaroneck High School, French-American School of New York, and The Windward School - Westchester Lower School.

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