NOT LISTED FOR SALE

7 Banksville Rd Armonk, NY 10504

Estimated Value: $1,416,000 - $2,005,000

4 Beds
4 Baths
4,784 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $1,507,500 $315 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,483/month

12 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Partially Wooded Lot
  • Coman Hill School Rated A-
  • Private Lot
  • Cathedral Ceiling

About This Home

As of August 2023

Greeted by stone pillars and a cobblestone entry, a long private drive leads to a Custom Built 4 Bedroom/4 Bath Stone and Wood Contemporary set on 2.4 landscaped acres. Over 4784 sq. ft. of living space on 3 levels. Prepare to be captivated by the expansive stone patios with firepit, custom wrought iron railings, and professional landscaping. Stretching the length of the rear and side of the home, an Ipe deck provides a picturesque setting for outdoor gatherings and relaxation. With both indoor and outdoor spaces for entertaining, this property offers a seamless transition between the two. Interior boasts vaulted ceilings, numerous skylights allow for natural light to stream in, stone floor to ceiling fireplace, hand-carved mahogany interior doors, hardwood floors with chestnut floors under carpet in Living Room. Walk out Lower Level features Large Recreation Room, Office with slider to patio, Full Bath, Kitchenette, Wine Room, Storage/Mechanicals with stairs to access garage. Additional features: Central vacuum., Culligan water filtration, new central air conditioning, ensuring comfort and convenience.

Last Agent to Sell the Property

Angela Schuler

William Raveis Real Estate License #30SC0927314 Listed on: 06/02/2023

William Raveis Real Estate

Last Buyer's Agent

Wendy Nolan

Houlihan Lawrence Inc. License #40NO0849370

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,124

Year Built

  • Built in 1986

Lot Details

  • 2.4 Acre Lot
  • Stone Wall
  • Private Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Stone Siding
  • Cedar

Interior Spaces

  • 4,784 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 3 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Coman Hill Elementary School
  • H C Crittenden Middle School
  • Byram Hills High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Well
  • Water Purifier is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3800-108-000-00002-000-0002-072-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,124

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1986
  • Village: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Purifier Owned
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Master Bath, Pantry, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Central Vacuum,Chandelier(s),Cook Top,Dishwasher,Door Hardware,Dryer,Garage Door Opener,Light Fixtures,Mailbox,Microwave,Refrigerator,Wall to Wall Carpet,Washer,Water Conditioner Owned
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 4784
  • Window Features: Skylight(s)
  • AtticDescription: Partial,Pull Stairs
  • SquareFootage: 4784.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Cedar, Stone
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 5

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: H C Crittenden Middle School

Lot Info

  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Sq Ft: 104544
  • Lot Size Units: Acres
  • Lot Features: Part Wooded, Stone/Brick Wall, Private
  • Parcel Number: 3800-108-000-00002-000-0002-072-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 23124
  • Tax Map Number: 3800-108-000-00002-000-0002-072-0000
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Coman Hill School,Wampus School
  • High School: Byram Hills High School
  • Middle School District: Byram Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 7, 2023
Sold by
Davis Joshua
Bought by
Nelson Jeffrey
Seller's Agent
Angela Schuler
William Raveis Real Estate
Buyer's Agent
Wendy Nolan
Houlihan Lawrence Inc.
List Price
$1,400,000
Sold Price
$1,507,500
Premium/Discount to List
$107,500
7.68%
Views
57
Current Estimated Value
$1,791,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,673
Avg. Annual Appreciation
8.96%
Original Mortgage
$1,000,000
Outstanding Balance
$979,157
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$812,016

Purchase Details

Listed on
Aug 1, 2016
Closed on
Apr 4, 2017
Sold by
Wayne Jeffrey
Bought by
Davis Joshua
Seller's Agent
Angela Schuler
William Raveis Real Estate
List Price
$1,150,000
Sold Price
$999,000
Premium/Discount to List
-$151,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Wayne Jeffrey
Bought by
Reiter Barry S and Reiter Barbara D
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
Nelson Jeffrey $1,507,500 Thoroughbred Title
Davis Joshua $999,000 Thoroughbred Title Services
Reiter Barry S $50,000 Landstar Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jeffrey $1,000,000
Previous Owner Davis Joshua W $1,000,000
Previous Owner Wayne Jeffrey $447,000
Previous Owner Wayne Jeffrey $4,690
Previous Owner Wayne Jeffrey $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $1,507,500 0.0% $315 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/13/2023 06/13/23 Off Market $1,507,500 -- --
06/09/2023 06/09/23 For Sale $1,400,000 +40.1% $293 / Sq Ft
04/04/2017 04/04/17 Sold $999,000 -13.1% $222 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,150,000 -- $256 / 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 $20,110 $21,900 $3,220 $18,680
2023 $23,613 $21,900 $3,220 $18,680
2022 $22,832 $21,900 $3,220 $18,680
2021 $22,491 $21,900 $3,220 $18,680
2020 $22,554 $21,900 $3,220 $18,680
2019 $26,809 $21,900 $3,220 $18,680
2018 $8,400 $26,020 $3,220 $22,800
2017 $8,400 $24,090 $3,220 $20,870
2016 $26,324 $26,020 $3,220 $22,800
2015 -- $26,200 $3,400 $22,800
2014 -- $26,200 $3,400 $22,800
2013 -- $26,200 $3,400 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6251121

OneKey® MLS

APN: 3800-108-000-00002-000-0002-072-0000