$595,000
SOLD JUL 27, 2018

531 Jefferson Ave Mamaroneck, NY 10543

6 Beds
2 Baths
2,432 Sq Ft
7,270 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

91 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • F.E. Bellows Elementary School Rated A
  • Property is near public transit
  • Subterranean Parking

About This Home

As of July 2018

Great location! Great home! Great investment opportunity! Rare opportunity to own a wonderful 2-family home in the heart of Mamaroneck! With its population of people from all over the world, Mamaroneck is known as The Friendly Village. This 3 bedroom over 3 bedroom house is on a very quiet block but also very close to Interstate 95 and two blocks from the Metro-North train station. This home awaits your personal touches. Live in one unit, have the other pay your mortgage! Or buy as an incredible investment. Enjoy afternoons on the front porch or in your private, huge, fenced-in backyard. Picnic, exercise or relax on the beach at nearby 44 acre Harbor Island Park. Close to restaurants and wonderful schools, this home is in the excellent Rye Neck Union Free School District. All four schools within the Rye Neck School District have been designated as National Schools of Excellence by the United States Department of Education. Train to Manhattan in 38 mins or take nearby I-95

Last Agent to Sell the Property

Albert Aldrich

Coldwell Banker Signature Prop Brokerage Phone: 914-682-2200 License #40AL1082976 Listed on: 03/08/2018

Coldwell Banker Signature Prop

Last Buyer's Agent

Kathleen Spadaro

Spadaro Real Estate, Ltd. License #31SP0262259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,295

Year Built

  • Built in 1965

Lot Details

  • 7,270 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Subterranean Parking
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

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

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4803-154-000-00034-002-0006-0000000

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

$15,295

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story, Colonial
  • Property SubType: Multi Family
  • Year Built: 1965
  • Attribution Contact: 914-682-2200
  • Village: Mamaroneck
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2432
  • SquareFootage: 2432.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, On Street, Underground

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • 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: Rye Neck Middle School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 0.1669
  • Lot Size Sq Ft: 7270
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4803-154-000-00034-002-0006-0000000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 15295
  • Tax Map Number: 4803-154-000-00034-002-0006-0000000

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
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
$928,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,657
Avg. Annual Appreciation
5.19%
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
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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 Type Sale Price Title Company
Deed $607,000 Benchmark Title Agency Llc
Interfamily Deed Transfer -- New York Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,301 New Conventional
Closed $10,301 New Conventional
Open $430,000 Stand Alone Refi Refinance Of Original Loan
Closed $455,250 New Conventional
Previous Owner $176,750 FHA
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
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 $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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Map

Source: OneKey® MLS

MLS Number: KEY4809382

OneKey® MLS

APN: 4803-154-000-00034-002-0006-0000000