NOT LISTED FOR SALE

62 Colonial Ave Warwick, NY 10990

Estimated Value: $1,915,000 - $3,067,148

4.2 Acres
$593,113 Price per Acre
182,952 Sq Ft Lot

Sale Details

Date Sold: July 12, 2021

Last sale price $240,000

Est. 938% increase in value since last sale

Current estimated payment $17,031 / mo

385 Days on Market

Highlights

  • 4.2 Acre Lot
  • Partially Wooded Lot
  • Level Lot
  • Warwick Valley Middle School Rated A-
  • Views

About This Lot

As of July 2021

Vacant Land available in the Village of Warwick! 62 Colonial Avenue is a 4.2 acre vacant land lot with access to Municipal Water, Sewer and Natural Gas. Backyard Mountain Views and located within the Historic Village of Warwick! A full set of completed architectural plans are included in the sale if you want them. Use the existing plans, OR Create your own Dream Home! Minimum square footage required for this lot is 2500. // The existing plans are for a picturesque white Georgian Colonial farmhouse featuring over 5,000 sq ft of living space, plus an additional 1,000+ sq ft of garage space. 6 Bedrooms / 4 full and 1 half bathrooms. The open concept living space has 10 ft ceilings and an incredible flow. Through the two story foyer, you enter the kitchen which features a 9ft x 5.5 ft island with room for 8-stools, room for a 6 burner range, room for an oversized refrigerator, and a massive walk-in pantry. The fireplace and coffered ceilings in the living room is the focal point of the whole space. The butlers pantry leads you to the 19 ft x 14 ft dining room. First floor also has a bedroom suite, an office overlooking the backyard, a large mudroom, laundry room and powder room. The second floor master suite is impressive with tray ceilings, a two-way fireplace, sitting area, dressing room and large 5-piece bathroom. Four other bedrooms all 11ft x 14 ft share two hall bathrooms. Exterior plans are already approved by the Village of Warwick Architectural Review Board. Interior architectural plans are already 100% complete, all you need to do is file a permit to start. We are happy to connect you with the local builder and architect who have been working on this project from the start. Projected build time is 8-10 months. Cost to build is buyers responsibility after purchasing the land. You can pick all your interior finishes. Any changes you would make to the exterior would need to go in front of the Architectural Review Board again (it is an easy process). Land is not cleared or developed yet. The backyard faces Memorial Park where the Fourth of July fireworks light up the sky! 1 mile to the Stanley Deming Park, 2 miles to the Warwick Park and Ride, 50 miles to NYC, a quick walk to restaurants and shops in the Village of Warwick and Warwick Valley School District!

Last Agent to Sell the Property

Elizabeth Broderick

Tuxedo Hudson Realty Corp License #10311210435 Listed on: 05/18/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,287

Lot Details

  • 4.2 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Schools

  • Park Avenue Elementary School
  • Warwick Valley Middle School
  • Warwick Valley High School

Utilities

  • Municipal Trash

Additional Features

  • Property Views

Community Details

  • Oak Knolls Community
  • Oak Knolls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335405.208.000-0001-013.000/0000

Property Details

Property Type

Land

Est. Annual Taxes

$7,287

Lot Details

4.2 Acres

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Subdivision Name: Oak Knolls
  • Development Name: Oak Knolls
  • Attribution Contact: 845-915-4567
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Warwick Valley Middle School

Lot Info

  • Location Description: Residential
  • Lot Size Acres: 4.2000
  • Lot Size Sq Ft: 182952.00
  • Lot Size Units: Acres
  • Lot Features: Views, Wooded, Partly Wooded, Sloped, Level
  • Parcel Number: 335405.208.000-0001-013.000/0000

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-07-12
  • Included in Taxes: Trash
  • Tax Annual Amount: 7287.00
  • Tax Map Number: 335405.208.000-0001-013.000/0000

MLS Schools

  • Elementary School: Park Avenue School
  • High School: Warwick Valley High School
  • Middle School District: Warwick Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 8, 2021
Sold by
Rutter Michael R and Rutter Larissa R
Bought by
Altstadt Manfred and Altstadt Elaine
Seller's Agent
Elizabeth Broderick
Tuxedo Hudson Realty Corp
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%
Current Estimated Value
$2,491,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,251,074
Avg. Annual Appreciation
62.98%

Purchase Details

Closed on
May 31, 2019
Sold by
Smith William and Smith Constance
Bought by
Rutter Michael R and Rutter Larissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Altstadt Manfred $240,000 None Available
Rutter Michael R $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rutter Michael R $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $240,000 -3.6% --
06/07/2021 06/07/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $249,000 -7.4% --
11/02/2020 11/02/20 Price Changed $269,000 -3.6% --
05/18/2020 05/18/20 For Sale $279,000 -- --
Source: OneKey® MLS

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 $45,726 $188,000 $25,100 $162,900
2023 $45,726 $166,400 $25,100 $141,300
2022 $13,105 $48,000 $25,100 $22,900
2021 $7,433 $25,100 $25,100 $0
2020 $7,393 $25,100 $25,100 $0
2019 $6,948 $25,100 $25,100 $0
2018 $6,948 $25,100 $25,100 $0
2017 $6,639 $25,100 $25,100 $0
2016 $6,598 $25,100 $25,100 $0
2015 -- $25,100 $25,100 $0
2014 -- $25,100 $25,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6039063

OneKey® MLS

APN: 335405-208-000-0001-013.000-0000

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