NOT LISTED FOR SALE

507 The Pkwy Mamaroneck, NY 10543

Estimated Value: $3,933,000 - $4,512,000

5 Beds
6 Baths
5,244 Sq Ft
$801/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $3,600,000 $686 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $30,929/month

11 Days on Market

Highlights

  • Docks
  • Waterfront
  • Private Lot
  • F.E. Bellows Elementary School Rated A
  • 0.61 Acre Lot
  • Tudor Architecture

About This Home

As of February 2023

Breathtaking 360 degree water views from every room at this Shore Acres residence. This 5 bedroom, 4.2 bath home is direct Long Island Sound waterfront in the rear, while the front property overlooks Mamaroneck Harbor. Enjoy this oasis steps to the Shore Acres Club with pool, club house and boat slips. Launch your kayak from the private entrance to the Shore Acres Beach or stroll to the Shore Acres pool. There are dramatic views from every room overlooking both the Sound and the Harbor. Enjoy the sunsets and watch the boats sail by from the terrace which wraps the rear of the house. A quaint courtyard with terrace, significant vegetable gardens and a potting room with water views complete the picture. The lush mature landscaping complements the views and architecture while offering privacy. All of this plus keep your boat at a slip or mooring at the club. This home is a very rare offering and has not been on the market in over 40 years, making this a once in a lifetime opportunity.

Last Listed By

April Saxe

Compass Greater NY, LLC License #40WE0927199 Listed on: 09/12/2022

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,378

Year Built

  • Built in 1924

Lot Details

  • 0.61 Acre Lot
  • Waterfront
  • Private Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 5,244 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Den
  • Dishwasher
  • Dryer
  • Property Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Attic

  • Full Attic
  • Pull Down Stairs to Attic
  • Unfinished Attic

Outdoor Features

  • Docks
  • Wrap Around Porch

Schools

  • F E Bellows Elementary School
  • Rye Neck Middle School
  • Rye Neck Senior High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 4803-154-000-00075-001-0020-0000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,378

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Tudor
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1924
  • Attribution Contact: 914-353-5570
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer
  • Interior Amenities: Den/Family Room, Formal Dining Room, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Full, Pull Stairs, Unfinished
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Unfinished
  • Inclusions: Awning, Dishwasher, Dryer, Generator, Light Fixtures
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5244.00
  • Square Footage: 5244.00

Exterior Features

  • Construction Materials: Frame, Brick, Stucco
  • Waterfront Features: Waterfront
  • View: Other
  • Exterior Features: Sprinkler Lawn System, Dock
  • Patio and Porch Features: Wrap Around
  • 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, Ductless
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Additional Fee Description: Shore Acres Corp
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Association/Amenities

  • Community Features: Pool

Fee Information

  • Additional Fee: Yes

Schools

  • Elementary School: F E Bellows Elementary School
  • Middle School: Rye Neck Middle School
  • High School: Rye Neck Senior High School
  • Middle School: Rye Neck Middle School

Lot Info

  • Lot Size Acres: 0.6100
  • Lot Size Area: 0.6100
  • Lot Size Sq Ft: 26746.00
  • Lot Size Units: Acres
  • Lot Features: Level, Private
  • Parcel Number: 4803-154-000-00075-001-0020-0000000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-02-07
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 69378.00
  • Tax Map Number: 4803-154-000-00075-001-0020-0000000

MLS Schools

  • Elementary School: F E Bellows Elementary School
  • High School: Rye Neck Senior High School
  • Middle School District: Rye Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Feb 7, 2023
Sold by
Pierre Valla 10 Year 2006 Qualified Pers
Bought by
Ahrens Matthew Harrison and Ahrens Erin Smith
Seller's Agent
April Saxe
Compass Greater NY, LLC
List Price
$3,495,000
Sold Price
$3,600,000
Premium/Discount to List
$105,000
3%
Total Days on Market
11
Views
60
Current Estimated Value
$4,201,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,800
Avg. Annual Appreciation
6.89%
Original Mortgage
$2,750,000
Outstanding Balance
$2,680,536
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$1,521,264

Purchase Details

Closed on
May 12, 2021
Sold by
Qualified Nadia Valla Fifteen Year 2006
Bought by
Nadia Valla Fifteen Year 2006 Qualified Perso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.96%

Purchase Details

Closed on
Apr 7, 2016
Sold by
Norton Peter
Bought by
Valla Edouard G and Valla Clement S

Purchase Details

Closed on
Apr 7, 2006
Sold by
Valla Pierre
Bought by
Norton Peter and Pierre Valla Ten Year 2006 Qualified Per

Purchase Details

Closed on
Apr 5, 2006
Sold by
Valla Nadia
Bought by
Valla Nadia and Valla Pierre
Source: Public Records

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Range of Values:

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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
Ahrens Matthew Harrison $3,600,000 Thoroughbred Title
Nadia Valla Fifteen Year 2006 Qualified Perso -- None Listed On Document
Trist Pierre Valla -- None Listed On Document
Valla Edouard G -- Madison Title
Valla Edouard Georges -- None Available
Norton Peter -- None Available
Norton Peter -- None Available
Valla Nadia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahrens Matthew Harrison $2,750,000
Previous Owner Trist Pierre Valla $1,200,000
Previous Owner Valla Pierre $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $3,600,000 +3.0% $686 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $3,495,000 -- $666 / 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 $103,559 $3,506,100 $1,124,100 $2,382,000
2023 $54,201 $3,404,000 $1,070,500 $2,333,500
2022 $53,194 $2,769,100 $942,100 $1,827,000
2021 $69,591 $2,612,400 $942,100 $1,670,300
2020 $61,855 $2,612,400 $942,100 $1,670,300
2019 $68,431 $2,282,600 $908,400 $1,374,200
2018 $41,872 $2,293,600 $943,700 $1,349,900
2017 $9,239 $2,282,000 $938,100 $1,343,900
2016 $66,585 $2,205,400 $944,300 $1,261,100
2015 -- $2,136,700 $908,600 $1,228,100
2014 -- $1,928,900 $810,000 $1,118,900
2013 -- $1,928,900 $810,000 $1,118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6209388

OneKey® MLS

APN: 4803-154-000-00075-001-0020-0000000