NOT LISTED FOR SALE

700 W 247th St Bronx, NY 10471

Estimated Value: $2,055,000 - $5,816,000

6 Beds
7 Baths
12,870 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $7,000,000 $544 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $27,999/month

24 Days on Market

Highlights

  • 38,586 Sq Ft lot
  • Pre War Building
  • Terrace
  • P.S. 81 - Robert J. Christen Rated A-
  • 1 Fireplace
  • 1-minute walk to Riverdale Park

About This Home

As of March 2024

Unique opportunity to acquire an exquisitely renovated 1920’s Georgian residence in mint condition, located in the sought-after Estate Area of Riverdale. The house includes five bedrooms plus sitting room, four full baths, three half baths, an elevator, a palatial indoor swimming pool, six-car garage, separate one-bedroom guest house, garden shed, gazebo, and pergola, all elegantly sited on over 1.5 acres of private, secluded, and professionally landscaped grounds. Comprised of over 12,000 SF of interior area, this impressive compound includes a second contiguous lot which is protected from future development by a covenant in the deed.

The house was designed by award-winning architect Dwight James Baum who lived in Riverdale and designed many other prominent homes in the vicinity. It was originally built on the 26-acre estate of William E. Dodge who founded the Phelps Dodge Corporation. It is sited a comfortable distance from Dodge’s own mansion called Greyston which was designed in 1863 by James Renwick Jr., the architect of St. Patrick’s cathedral. The current owners have tastefully preserved Dwight J. Baum’s elegant architectural masterpiece while updating all mechanical equipment and systems to suit a modern lifestyle. They embellished an earlier landscape plan made by Olmsted Brothers Landscape Architects (sons of legendary Frederick Law Olmstead) by adding an indoor swimming pool, patios, terraced lawns, and several outdoor garden rooms. The landscape abounds with established plantings including a magnificent 200-plus-year-old copper beech tree. Several priceless water sculptures complete the garden composition.

A remote-controlled iron gate with stone piers at the roadway’s edge leads to an elegant paved drive and a walled semi-circular motor court where a grand double-height entrance portico welcomes the visitor. An interior foyer leads to a large gallery with carpeted staircase, living and dining rooms on either side in classic Georgian style, and a view ahead to a covered patio and the elegant gardens beyond. Walls of windows facing the motor court, and French doors facing the garden flood these elegant rooms in natural light. Beyond the living room a den / music room with wet bar and full-height south and west-facing windows with motorized shades is a perfect retreat for intimate gatherings. A wood-paneled library offers a private oasis. Wide-plank hardwood floors, five working wood-burning fireplaces, and state of the art museum lighting enhance these perfectly proportioned rooms. A large eat-in kitchen with vaulted ceilings, skylight, and white marble counter tops will satisfy the most discerning chef, containing two dishwashers, two sinks, two refrigerators, two microwave ovens that can convert to conventional ovens, a steam oven, and separate pantry and laundry area. An automatic elevator serves the first and second floors, and a secondary staircase connects all four floors. An indoor pool room with jacuzzi, working wood-burning fireplace, 20’ ceilings, and surrounding walls of double-height windows offer panoramic views of the private gardens beyond.

A second-floor grand master bedroom suite with sitting room and kitchenette is adjoined by a generous skylit master bath with double shower, double sinks, soaking tub, WC and urinal. Four more bedrooms, a sitting room, and three more baths complete the second-floor layout. A balcony facing west offers picturesque sunset views over the garden below. A generous finished third-floor attic with dormer windows offers ample storage and the potential for more bedrooms, a family room, or den.

A finished basement includes state-of-the -art mechanicals, workshop, wine cellar, playroom, half bath, and pool shower. A separate guest house offers an additional bedroom, bath, and full kitchen.

Last Agent to Sell the Property

Fred Williams

Sothebys International Realty License #30WI0772471 Listed on: 05/18/2023

Sothebys International Realty

Co-Listed By

Jeffrey Firth

Sothebys International Realty License #30FI0416547

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $45,336

Year Built

  • Built in 1920

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 156.0 x 218.0
  • Garden

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 12,870 Sq Ft Home
  • 2-Story Property
  • Elevator
  • 1 Fireplace
  • Entrance Foyer
  • Den
  • Storage
  • Laundry Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0280 / 05926

Community Details

Overview

  • No Home Owners Association
  • 700 West 247Th Street Condos
  • Riverdale Subdivision

Amenities

  • Community Garden
  • Building Terrace
  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$45,336

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Riverdale
  • Architectural Style: Prewar
  • Unit Levels: Multi/Split
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Den, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Window, Storage
  • Appliances: Dishwasher
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 12870.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Bathrooms Integer: 7
  • Bedrooms: 6

Exterior Features

  • View: Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Garden, Balcony, Building Balcony, Garden
  • Other Structures: Garage(s)
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • Lot Size Area: 38586.0
  • Lot Size Dimensions: 156.0 x 218.0

Building Info

  • New Construction: No
  • Building Name: 700 West 247th Street
  • Units: 1
  • Spa: No
  • Total Stories: 2
  • Year Built: 1920

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 05926
  • Tax Lot: 0280
  • Tax Annual: 45336.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Mar 5, 2024
Sold by
Cathy M. Weinroth As Executor and Estate Of Stephen D Weinroth
Bought by
5239-I Llc
Seller's Agent
Fred Williams
Sothebys International Realty
List Price
$7,250,000
Sold Price
$7,000,000
Premium/Discount to List
-$250,000
-3.45%
Views
199
Current Estimated Value
$4,457,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,542,229
Avg. Annual Appreciation
-28.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5239-I Llc $7,000,000 --
5239-I Llc $7,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $7,000,000 -3.4% $544 / Sq Ft
02/29/2024 02/29/24 Off Market $7,250,000 -- --
06/12/2023 06/12/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $7,250,000 -- $563 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2025 $39,705 $209,543 $32,908 $176,635
2024 $39,705 $197,683 $36,992 $160,691
2023 $39,612 $195,048 $42,426 $152,622
2022 $38,937 $304,500 $78,840 $225,660
2021 $38,953 $247,200 $78,840 $168,360
2020 $36,962 $273,060 $78,840 $194,220
2019 $34,461 $227,940 $78,840 $149,100
2018 $33,134 $162,540 $78,840 $83,700
2017 $33,329 $163,500 $77,086 $86,414
2016 $30,835 $154,246 $61,811 $92,435
2015 $19,521 $145,516 $87,465 $58,051
2014 $19,521 $137,280 $87,600 $49,680
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10938036

Real Estate Board of New York (REBNY)

APN: 05926-0280