NOT LISTED FOR SALE

725 Forest Ave Larchmont, NY 10538

Estimated Value: $1,958,000 - $2,427,000

4 Beds
4.5 Baths
2,812 Sq Ft
$784/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $1,654,500 $588 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,027/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Mamaroneck High School Rated A+
  • Property is near public transit
  • Wood Flooring

About This Home

As of December 2018

This home will win your heart! Expect a warm welcome from this 3Br/3FBth Cape Cod style home. It all begins with a foyer and leads to your living room which is filled with natural sunlight and Hrdwd Flrs. The BRAND NEW X-Lrge Eat-in-Kitchen presents 2 skylights, SS appliances, sliding glass drs. to an enclosed porch(out to the yrd) and a sidedoor that leads to an ADA accessible ramp.The granite counter tops will allow you to create some of your most favorite meals with family & friends.Movingly through the kitchen, you will find a FDR that is now being used as a FamRm and your own personal office that can be used as a 4th BR. An updated Fbth and a Lrge Br are found on the 1st flr. On the 2nd Flr., you will be welcomed by 2Br's and a Fbth. The finished basement can be used as a RecRm/PlayRm and there's a roughed out Bthrm. A Lrge-generator is in the garage. This home is close to Schools,Shops,Parks, and The Larchmont Train Station. Don't let someone else steal your dream home! Additional Information: Amenities:Storage,ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Natasa Ivetic

Julia B Fee Sothebys Int. Rlty Brokerage Phone: 914-834-7777 License #40IV1044490 Listed on: 09/25/2018

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Jennifer Y. Ross

Compass Greater NY, LLC License #10301214590

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 1 Fireplace
  • Window Screens
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Marble Countertops
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Private Mailbox
  • Porch

Location

  • Property is near public transit

Schools

  • Murray Avenue Elementary School
  • Hommocks Middle School
  • Mamaroneck High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3289-002-000-00020-000-0412

Community Details

Overview

  • Colonial

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2018
  • Year Built Effective: 2018
  • Attribution Contact: 914-834-7777
  • Subdivision Name: Larchmont Gardens
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2018

Interior Features

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Formal Dining, Granite Counters, Marble Counters, Primary Bathroom, Walk-In Closet(s)
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: Door Hardware,Light Fixtures,Oven/Range
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2812
  • Window Features: Screens
  • Other Equipment: Generator
  • Basement YN: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Frame, Other
  • Exterior Features: Mailbox
  • Patio and Porch Features: Deck, Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Hydro Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Hommocks

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 3289-002-000-00020-000-0412
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 100
  • Tax Year: 2018

MLS Schools

  • Elementary School: Murray Avenue
  • High School: Mamaroneck High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 28, 2018
Sold by
Shen Group Real Estate Llc
Bought by
Olsen Christopher Scott and Gustafson Cindy Brooke
Seller's Agent
Natasa Ivetic
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Jennifer Y. Ross
Compass Greater NY, LLC
List Price
$1,725,000
Sold Price
$1,654,500
Premium/Discount to List
-$70,500
-4.09%
Current Estimated Value
$2,205,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,244
Avg. Annual Appreciation
3.79%
Original Mortgage
$864,500
Outstanding Balance
$745,856
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,378,881

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 10, 2016
Sold by
Derienzo Dennis and Derienzo Kristen
Bought by
Shen Group Real Estate Llc
Seller's Agent
Jo-Ann Salzano
RE/MAX Prime Properties
Buyer's Agent
Natasa Ivetic
Julia B Fee Sothebys Int. Rlty
List Price
$785,000
Sold Price
$835,000
Premium/Discount to List
$50,000
6.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.57%
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
Olsen Christopher Scott $1,654,500 None Available
Shen Group Real Estate Llc $835,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Christopher Scott $864,500
Previous Owner Derienzo Dennis C $440,000
Previous Owner Derienzo Dennis $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Off Market $835,000 -- --
12/28/2018 12/28/18 Sold $1,654,500 -4.1% $588 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $1,725,000 +106.6% $613 / Sq Ft
05/10/2016 05/10/16 Sold $835,000 +6.4% $491 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $785,000 -- $462 / 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 $39,304 $1,937,000 $386,000 $1,551,000
2023 $38,777 $1,872,000 $386,000 $1,486,000
2022 $38,975 $1,733,000 $386,000 $1,347,000
2021 $38,543 $1,699,000 $386,000 $1,313,000
2020 $38,021 $1,634,000 $386,000 $1,248,000
2019 $30,107 $1,634,000 $386,000 $1,248,000
2018 $19,107 $845,000 $386,000 $459,000
2017 $0 $835,000 $386,000 $449,000
2016 $14,184 $772,000 $268,900 $503,100
2015 -- $772,000 $268,900 $503,100
2014 -- $702,000 $268,900 $433,100
2013 -- $702,000 $268,900 $433,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: H4842139

OneKey® MLS

APN: 3289-002-000-00020-000-0412