NOT LISTED FOR SALE

762 Tower Hill Rd Millbrook, NY 12545

Estimated Value: $643,000 - $1,039,000

16.27 Acres
$54,422 Price per Acre
708,721 Sq Ft Lot

Last Sold November 28, 2022

Last sale price $675,000 $290 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,100/month

55 Days on Market

About This Lot

As of November 2022

This Tower Hill Road land lot presents a rare opportunity to build on a 16-acre property situated in one of the most sought-after regions in The Hudson Valley. Surrounded by immaculate equestrian country, this location is known for its privacy, expansive views, and important agricultural development. The property contains just the right amount of land for a turn-key retreat, minutes from the Village of Millbrook. This lot has key infrastructure in place for an easy build; including a large foundation, two wells, a recently inspected and full working septic system, landscaping, site development, electrical, Wi-Fi, and Cable on site. Idyllically situated in Millbrook Hunt Country, this picturesque property is within 85 miles from New York City. Agricultural Exemption in place, as reflected in taxes.,Other School:PRIVATE,IMPROVMNTS:Drive

Last Agent to Sell the Property

ROLAND AUGUSTINE

Compass Greater NY, LLC License #10401316860 Listed on: 08/05/2022

Compass Greater NY, LLC

Last Buyer's Agent

ROLAND AUGUSTINE

Compass Greater NY, LLC License #10401316860 Listed on: 08/05/2022

Compass Greater NY, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,503

Lot Details

  • 16.27 Acre Lot

Schools

  • Elm Drive Elementary School
  • Millbrook High School

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13588900696500003787890000

Property Details

Property Type

Land

Est. Annual Taxes

$5,503

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable Available, Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 16.27
  • Lot Size Units: Acres
  • Parcel Number: 13588900696500003787890000
  • Zoning Description: Residential
  • Lots: 1
  • ResoLotSizeUnits: Acres
  • ExtraLandAvailableYN: 0

Tax Info

  • Tax Annual Amount: 5503
  • Tax Map Number: 13588900696500003787890000

MLS Schools

  • Elementary School: Elm Drive Elementary School
  • High School: Millbrook High School
  • Middle School District: Millbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 28, 2022
Sold by
Augustine Katheleen V
Bought by
Franco Richard
Seller's Agent
ROLAND AUGUSTINE
Compass Greater NY, LLC
Buyer's Agent
ROLAND AUGUSTINE
Compass Greater NY, LLC
List Price
$825,000
Sold Price
$675,000
Premium/Discount to List
-$150,000
-18.18%
Current Estimated Value
$885,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,454
Avg. Annual Appreciation
9.18%

Purchase Details

Listed on
May 30, 2016
Closed on
Aug 19, 2016
Sold by
Donald H Briggs Trustee
Bought by
Augustine Kathleen Vuillet
Seller's Agent
Paula Redmond
Corcoran Country Living - Mill
List Price
$795,000
Sold Price
$680,000
Premium/Discount to List
-$115,000
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Jan 27, 2014
Sold by
Briggs Theodore
Bought by
Briggs Theodore

Purchase Details

Closed on
Jul 24, 2009
Sold by
Briggs Estate Theodore
Bought by
Briggs Theodore

Purchase Details

Closed on
Oct 18, 2004
Sold by
Briggs Theodore
Bought by
Briggs Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franco Richard $675,000 None Available
Augustine Kathleen Vuillet $680,000 Shawn Pratt
Briggs Theodore -- Ann Gifford
Briggs Theodore -- --
Briggs Elizabeth -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $675,000 -18.2% $290 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $825,000 +21.3% $355 / Sq Ft
08/19/2016 08/19/16 Sold $680,000 -14.5% $293 / Sq Ft View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $795,000 -- $342 / 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 $5,693 $400,400 $375,400 $25,000
2023 $7,642 $400,400 $375,400 $25,000
2022 $8,321 $400,400 $375,400 $25,000
2021 $8,341 $400,400 $375,400 $25,000
2020 $5,752 $400,400 $375,400 $25,000
2019 $5,724 $400,400 $375,400 $25,000
2018 $5,528 $400,400 $375,400 $25,000
2017 $10,965 $670,400 $375,400 $295,000
2016 $7,518 $609,800 $390,200 $219,600
2015 -- $609,800 $390,200 $219,600
2014 -- $609,800 $390,200 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM410210

OneKey® MLS

APN: 135889-6965-00-378789-0000