NOT LISTED FOR SALE

71 Gilchrest Rd Valley Cottage, NY 10989

Estimated Value: $656,000 - $1,002,000

2 Beds
1 Bath
640 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $300,000 $469 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,271/month

46 Days on Market

Highlights

  • Cottage
  • 1 Car Attached Garage
  • 1-Story Property
  • Nyack Senior High School Rated A
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of October 2022

"House is being sold "AS IS". Beautiful property, room to expand, build or renovate. Well established, high end neighborhood. One block to Congers Lake , Pool, K-9 dog run / play area ,Tennis , Hiking , Picnic area and more. Note: Taxe Grievance application filed .

Last Agent to Sell the Property

Frank Christiano

Coldwell Banker Realty License #30CH0615297 Listed on: 06/03/2022

Coldwell Banker Realty

Co-Listed By

Virginia Rourke

Coldwell Banker Realty License #30RO0922794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1959

Lot Details

  • 0.75 Acre Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • No Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Liberty Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 392089-052-011-0003-003-003-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,091

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Levels: One
  • Hamlet: Valley Cottage
  • Year Built: 1959
  • Attribution Contact: 845-634-0400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Partial
  • Total Bedrooms: 2
  • Living Area: 640.00
  • Square Footage: 640.00

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Liberty Elementary School
  • Middle School: Nyack Middle School
  • High School: Nyack Senior High School
  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 0.7500
  • Lot Size Area: 0.7500
  • Lot Size Sq Ft: 32670.00
  • Lot Size Units: Acres
  • Parcel Number: 392089-052-011-0003-003-003-0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-14
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 8091.00
  • Tax Map Number: 392089-052-011-0003-003-003-0000

MLS Schools

  • Elementary School: Liberty Elementary School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Laob Llc
Bought by
71 Gilchrest Llc
Current Estimated Value
$619,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,900
Outstanding Balance
$415,796
Interest Rate
6.65%
Mortgage Type
Commercial
Estimated Equity
$413,204

Purchase Details

Listed on
Jun 3, 2022
Closed on
Oct 12, 2022
Sold by
Kim Nam Sik and Kim Eun Jo
Bought by
Laob Llc
Seller's Agent
Frank Christiano
Coldwell Banker Realty
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.81%
Original Mortgage
$388,980
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2005
Sold by
West Castle Lake Corp
Bought by
Kim Nam Sik and Kim Eun Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2004
Sold by
948-950 Gilchrest Corp
Bought by
West Castle Lake Corp
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
71 Gilchrest Llc $270,000 Gr
Laob Llc $300,000 Security Title
Kim Nam Sik $318,000 Susan Keene
Kim Nam Sik $318,000 Susan Keene
Kim Nam Sik $318,000 --
West Castle Lake Corp $200,500 First American Title Insuran
West Castle Lake Corp $200,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 71 Gilchrest Llc $416,900
Closed 71 Gilchrest Llc $149,792
Previous Owner Laob Llc $388,980
Previous Owner Kim Nam Sik $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $300,000 -14.0% $469 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $349,000 -- $545 / 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 $11,051 $51,000 $41,000 $10,000
2023 $11,051 $51,000 $41,000 $10,000
2022 $8,332 $76,500 $41,000 $35,500
2021 $8,332 $76,500 $41,000 $35,500
2020 $8,091 $76,500 $41,000 $35,500
2019 $7,766 $76,500 $41,000 $35,500
2018 $7,766 $76,500 $41,000 $35,500
2017 $7,574 $76,500 $41,000 $35,500
2016 $7,642 $76,500 $41,000 $35,500
2015 -- $76,500 $41,000 $35,500
2014 -- $76,500 $41,000 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6187739

OneKey® MLS

APN: 392089-052-011-0003-003-003-0000