$950,000
SOLD AUG 7, 2023

8 Old Croton Falls Rd Somers, NY 10589

5 Beds
3.5 Baths
3,100 Sq Ft
4.79 Acres

Recently Sold

$306 Per Sq Ft

179 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Deck
  • Somers Intermediate School Rated A-
  • Lake Association
  • Property is near public transit

About This Home

As of August 2023

Scenic 4 bedroom colonial on 4.7 acres. Ideal setting with beautiful mature landscaped property in Somers. Minutes to Metro North railroad and I-684. The main home features Entry Hall, Modern EIK with Cozy green room, Living room, Dining room, Family room, powder room, master bedroom and bath plus three bedrooms with hall bath. Great backyard with deck and gazebo. The state of the art accessory 1 bed/1 bath apartment has its own private entrance and is approximately 950 square feet. This lovely apartment is side by side with house and has an oversized 14 x 15 happy room with windows all around! This is a wonderful income producing property.... A must see!

Last Agent to Sell the Property

Theresa Sullivan

Claire D. Leone Associates Ltd License #40SU1030719 Listed on: 10/27/2022

Last Buyer's Agent

Hillary Landau

Compass Greater NY, LLC License #10301216669

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,542

Year Built

  • Built in 1966

Lot Details

  • 4.79 Acre Lot
  • Lake Front
  • No Common Walls
  • Private Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,100 Sq Ft Home
  • Formal Dining Room
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 5200-017-008-00002-000-0001

Community Details

Overview

  • 2 Units
  • Lake Association

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,542

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1966
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining, Legal Accessory Apartment
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3100
  • SquareFootage: 3100.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Lake/Pond/Stream
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Other
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Association Amenities: Lake Association
  • Senior Community: No

Schools

  • Middle School: Somers Middle School

Lot Info

  • Lot Size Acres: 4.79
  • Lot Size Area: 4.79
  • Lot Size Sq Ft: 208578
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 5200-017-008-00002-000-0001
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 17542
  • Tax Map Number: 5200-017-008-00002-000-0001

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
Oct 27, 2022
Closed on
Aug 7, 2023
Sold by
Carway Carmen
Bought by
Elton Paul and Elton Jennifer Paul
Seller's Agent
Theresa Sullivan
Claire D. Leone Associates Ltd
Buyer's Agent
Hillary Landau
Compass Greater NY, LLC
List Price
$950,000
Sold Price
$950,000
Views
167
Current Estimated Value
$1,006,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,397
Avg. Annual Appreciation
2.88%
Original Mortgage
$722,000
Outstanding Balance
$708,781
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$295,663

Purchase Details

Listed on
Oct 27, 2022
Closed on
Aug 4, 2023
Sold by
Carway Carmen
Bought by
Elton Paul and Elton Jennifer Paul
Seller's Agent
Theresa Sullivan
Claire D. Leone Associates Ltd
Buyer's Agent
Hillary Landau
Compass Greater NY, LLC
List Price
$950,000
Sold Price
$950,000
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Outstanding Balance
$708,781
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$295,663

Purchase Details

Closed on
Aug 29, 2017
Sold by
Carway John and Carway Carmen
Bought by
Carway John and Carway Carmen

Purchase Details

Closed on
Jul 15, 2016
Sold by
Carway John and Carway Carmen
Bought by
Carway John and Carway Carmen

Purchase Details

Listed on
May 20, 2013
Closed on
Feb 3, 2014
Sold by
Licata Khadija Najih
Bought by
Carway John and Carway Carmen
Seller's Agent
Caroline Langtry
William Raveis-New York, LLC
Buyer's Agent
Debra Roth
Coldwell Banker Realty
List Price
$675,000
Sold Price
$596,000
Premium/Discount to List
-$79,000
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$260,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $950,000 Madison Title Agency
Bargain Sale Deed $950,000 Madison Title
Interfamily Deed Transfer -- Pelican Abstracts
Interfamily Deed Transfer -- Attorney
Bargain Sale Deed $596,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $722,000 New Conventional
Closed $722,000 New Conventional
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $950,000 0.0% $306 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $950,000 0.0% $306 / Sq Ft
03/31/2023 03/31/23 For Sale $950,000 0.0% $306 / Sq Ft
12/30/2022 12/30/22 Off Market $950,000 -- --
10/27/2022 10/27/22 For Sale $955,000 +60.2% $308 / Sq Ft
02/05/2014 02/05/14 Sold $596,000 -11.7% $192 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $675,000 -- $218 / 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 $16,518 $78,000 $22,000 $56,000
2023 $16,287 $78,000 $22,000 $56,000
2022 $15,890 $78,000 $22,000 $56,000
2021 $15,283 $78,000 $22,000 $56,000
2020 $14,917 $76,500 $22,000 $54,500
2019 $16,320 $76,500 $22,000 $54,500
2018 $16,613 $76,500 $22,000 $54,500
2017 $3,417 $76,500 $22,000 $54,500
2016 $11,586 $76,500 $22,000 $54,500
2015 -- $73,000 $22,000 $51,000
2014 -- $73,000 $22,000 $51,000
2013 -- $73,000 $22,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6218014

OneKey® MLS

APN: 5200-017-008-00002-000-0001