NOT LISTED FOR SALE

531 Jefferson Ave Mamaroneck, NY 10543

Estimated Value: $623,000 - $936,577

3 Beds
1 Bath
1,216 Sq Ft
$685/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $595,000 $489 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,578/month

About This Home

As of July 2018

Spacious and Sunny 3 Bedroom apartment boasting 1200 SF of meticulously renovated space on the 2nd floor of this 2 family Home. Conveniently located to the RYE NECK SCHOOLS, and just 0.3 miles to the Metro North Station. Features include a new EAT-IN KITCHEN with modern white cabinets/SS appliances, an oversize living room large enough to house a full size dining set or separate are for a home office space, a LAUNDRY CLOSET in the hallway with a full size WASHER/DRYER, Gleaming HARDWOOD FLOORS throughout, INCLUDES Heat and Hot water, and shared use of the YARD. Enjoy all that's offered in this Waterfront Community known as the Friendly Village, all within a 35 minute commute to Grand Central. Mamaroneck's Vibrant Downtown and local amenities with a 1/2 mile include Shopping, Restaurants, Harbor Island Park/Beach, Public Library, Marine Center, Emelin Theater, Summer Concerts, Fireworks on the 4th of July and a New Luxury Movie Theater opening soon!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Jul 27, 2018
Sold by
Simmons Jacobs Linda Lenier
Bought by
Mandhare Nilesh R G and Garg Taruna
Seller's Agent
Albert Aldrich
Coldwell Banker Signature Prop
Buyer's Agent
Kathleen Spadaro
Spadaro Real Estate, Ltd.
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$832,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,394
Avg. Annual Appreciation
5.02%
Original Mortgage
$455,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Hall Jacobs Linda Lenier Simmons and Hall Simmons Frances Elizabeth
Bought by
Jacobs Linda Lenier Simmons
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mandhare Nilesh R G $607,000 Benchmark Title Agency Llc
Jacobs Linda Lenier Simmons -- New York Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandhare Nilesh R $10,301
Closed Mandhare Nilesh R $10,301
Open Mandhare Nilesh R $430,000
Closed Mandhare Nilesh R G $455,250
Previous Owner Jacobs Linda Leiner Simmons $176,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $2,975 -- --
02/28/2020 02/28/20 Rented $2,975 0.0% --
02/21/2020 02/21/20 Under Contract -- -- --
02/09/2020 02/09/20 For Rent $2,975 0.0% --
07/27/2018 07/27/18 Sold $595,000 0.0% $245 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $595,000 -- $245 / Sq Ft

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 $22,870 $774,300 $303,100 $471,200
2023 $13,577 $759,100 $288,700 $470,400
2022 $13,378 $716,100 $288,700 $427,400
2021 $17,502 $657,000 $288,700 $368,300
2020 $15,235 $657,000 $288,700 $368,300
2019 $17,537 $619,800 $204,100 $415,700
2018 $11,046 $520,800 $200,500 $320,300
2017 $2,008 $517,900 $200,200 $317,700
2016 $11,244 $479,300 $165,500 $313,800
2015 -- $491,400 $178,600 $312,800
2014 -- $412,700 $176,900 $235,800
2013 -- $399,100 $163,300 $235,800
Source: Public Records

Agents Affiliated with this Home

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