NOT LISTED FOR SALE

8 Lake Rd Katonah, NY 10536

Estimated Value: $924,630 - $1,357,000

2 Beds
2.5 Baths
2,234 Sq Ft
$504/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $800,000 $358 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,492/month

15 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Carriage House
  • Somers Intermediate School Rated A-
  • Panoramic View
  • Private Lot

About This Home

As of August 2017

Move right into your private mini estate located just 5 miles from the Katonah Metro North Train station. There is a main house with two wood burning fireplaces, a two-level barn relocated from the Catskills incorporating a three car garage with workshop and home office above (with half bath), a large garden shed with chicken coup and adjacent pond. New architectural roof guaranteed for 30 years. Hardwood Cedar Siding and wide copper gutters. The kitchen/dining area is designed for entertaining and features a new stainless Viking double oven along with matching refrigerator and white quartz counter-tops. 3 new bathrooms with Italian porcelain tile floors, custom vanities, frameless glass doors. The antique wide plank wood floors have been restored to their original glory. For efficiency there is closed cell foam insulation in the walls, energy efficient new boiler, tankless hot water, and new central A/C. Dimmable LED bulbs throughout. Taxes do not include a STAR credit of $1635

Last Agent to Sell the Property

Ken Wile

Redfin Real Estate Brokerage Phone: 914-368-6240 License #10301201440 Listed on: 05/25/2017

Redfin Real Estate

Last Buyer's Agent

Audra Maccariello

Coldwell Banker Realty License #10301200805

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,442

Year Built

  • Built in 1940 | Remodeled in 2017

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Back Yard Fenced
  • Private Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Mini Estate
  • Carriage House
  • Contemporary Architecture
  • Frame Construction
  • Stone Siding
  • Cedar

Interior Spaces

  • 2,234 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Panoramic Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access

Schools

  • Primrose Elementary School
  • Somers Middle School
  • Somers Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5200-037-009-00001-000-0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,442

Year Built

Built in 1940 | Remodeled in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Carriage House, Contemporary, Mini Estate
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1940
  • Year Built Effective: 2017
  • Attribution Contact: 914-368-6240
  • Village: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Inclusions: Chandelier(s),Dishwasher,Dryer,Energy Star Appliance(s),Light Fixtures,Microwave,Refrigerator,Shed,Washer
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 2234
  • Window Features: ENERGY STAR Qualified Windows
  • AtticDescription: None
  • SquareFootage: 2234.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Stone, Cedar
  • Waterfront Features: Lake/Pond/Stream, Water Access
  • Fencing: Back Yard
  • View: Panoramic
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Propane, Forced Air, Hot Water
  • Sewer: Septic Tank
  • Water Source: Well
  • Hot Water: On Demand
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Somers Middle School

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 1.0029
  • Lot Size Sq Ft: 43686
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 5200-037-009-00001-000-0003
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 12442
  • Tax Map Number: 5200-037-009-00001-000-0003

MLS Schools

  • Elementary School: Primrose School
  • High School: Somers Senior High School
  • Middle School District: Somers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 1, 2017
Sold by
Park John and Park Julie
Bought by
Scelza Sebastian and Dillane Catherine A
Seller's Agent
Ken Wile
Redfin Real Estate
Buyer's Agent
Audra Maccariello
Coldwell Banker Realty
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,125,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,658
Avg. Annual Appreciation
4.10%
Original Mortgage
$500,000
Outstanding Balance
$343,750
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$781,908

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jun 1, 2016
Sold by
Zander Nancy C and Zander Peter J
Bought by
Park John and Park Julie
Seller's Agent
Anita Zander
Buyer's Agent
Ken Wile
Redfin Real Estate
List Price
$765,000
Sold Price
$695,000
Premium/Discount to List
-$70,000
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$555,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records
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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
Scelza Sebastian $800,000 Atlantic Title
Park John $695,000 Benchmark Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scelza Sebastian $500,000
Previous Owner Park John $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2017 08/01/17 Sold $800,000 +0.1% $358 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $799,000 +15.0% $358 / Sq Ft
06/01/2016 06/01/16 Sold $695,000 -9.2% $310 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $765,000 -- $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 $19,759 $83,000 $11,000 $72,000
2023 $19,089 $83,000 $11,000 $72,000
2022 $18,667 $83,000 $11,000 $72,000
2021 $18,376 $83,000 $11,000 $72,000
2020 $17,978 $83,000 $11,000 $72,000
2019 $17,706 $83,000 $11,000 $72,000
2018 $19,533 $83,000 $11,000 $72,000
2017 $3,190 $71,400 $11,000 $60,400
2016 $10,804 $71,400 $11,000 $60,400
2015 -- $61,100 $11,000 $50,100
2014 -- $61,100 $11,000 $50,100
2013 -- $61,100 $11,000 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4723787

OneKey® MLS

APN: 5200-037-009-00001-000-0003