NOT LISTED FOR SALE

8 South Ln Katonah, NY 10536

Estimated Value: $621,000 - $956,000

3 Beds
2.5 Baths
2,861 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $740,000 $259 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,816/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Private Lot
  • Main Floor Bedroom
  • Somers Intermediate School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of August 2023

This charming craftsman style home, located on a quiet lane in Somers, sits on 1.76 picturesque acres of stone walls, perennial gardens, mature trees, flowering shrubs & lush lawn. This home has been lovingly maintained and updated while still preserving it's original charm and character. As you step inside from the mahogany front porch, you will find an open living-dining-kitchen floor plan, two bedrooms, a hall bathroom and a home office nook with laundry closet. Upstairs you will be impressed by the fabulous primary suite with spa-like bathroom, huge walk-in closet and a room which works beautifully as an office, nursery or meditation room. Both levels of this home feature many windows bringing in natural light and outside beauty. A spiral staircase leads to a lower level multi-purpose space with bathroom. A private side entrance makes this space perfect for a playroom, home office, VRBO or in-law suite. This home is special, inside and out! Don't hesitate, this will sell fast!

Last Agent to Sell the Property

Lin Crispinelli

Houlihan Lawrence Inc. License #30CR0989943 Listed on: 05/15/2023

Last Buyer's Agent

Giorgina Martino

Compass Greater NY, LLC License #10401370196

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,915

Year Built

  • Built in 1955

Lot Details

  • 1.76 Acre Lot
  • Private Lot

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Cottage
  • Frame Construction
  • Clapboard

Interior Spaces

  • 2,861 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5200-048-017-00001-000-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,915

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage, Cape Cod
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1955
  • Village: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Partially Finished, Walk-Out Access
  • Inclusions: Ceiling Fan,Chandelier(s),Cook Top,Dishwasher,Dryer,Refrigerator,Shades/Blinds,Washer
  • Total Bedrooms: 3
  • Living Area: 2861
  • AtticDescription: Dormer
  • SquareFootage: 2861.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Somers Middle School

Lot Info

  • Lot Size Acres: 1.76
  • Lot Size Area: 1.76
  • Lot Size Sq Ft: 76666
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 5200-048-017-00001-000-0002
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 12915
  • Tax Map Number: 5200-048-017-00001-000-0002

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 15, 2023
Closed on
Aug 3, 2023
Sold by
Gallagher Catherine
Bought by
Foley Alex and Martino Giorgina
Seller's Agent
Lin Crispinelli
Houlihan Lawrence Inc.
Buyer's Agent
Giorgina Martino
Compass Greater NY, LLC
List Price
$675,000
Sold Price
$740,000
Premium/Discount to List
$65,000
9.63%
Views
150
Current Estimated Value
$853,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,149
Avg. Annual Appreciation
7.12%
Original Mortgage
$150,000
Outstanding Balance
$146,926
Interest Rate
6.9%
Estimated Equity
$706,223

Purchase Details

Closed on
Jul 10, 2020
Sold by
Hart Timothy J and Gallagher Catherine
Bought by
Gallagher Catherine

Purchase Details

Closed on
Mar 8, 2013
Sold by
Gallagher Catherine and Carroll Robert
Bought by
Hart Timothy J
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 Buyer Sale Price Title Company
Foley Alex $740,000 Benchmark Title
Gallagher Catherine -- None Available
Hart Timothy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Alex $150,000
Previous Owner Hart Timothy $87,000
Previous Owner Gallagher Catherine $100,000
Previous Owner Carroll Robert $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $740,000 +9.6% $259 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $675,000 -- $236 / 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 $13,998 $58,800 $13,000 $45,800
2023 $11,600 $58,800 $13,000 $45,800
2022 $11,234 $57,300 $13,000 $44,300
2021 $11,032 $57,300 $13,000 $44,300
2020 $10,758 $57,300 $13,000 $44,300
2019 $12,224 $57,300 $13,000 $44,300
2018 $17,725 $57,300 $13,000 $44,300
2017 $2,238 $57,300 $13,000 $44,300
2016 $8,565 $50,100 $13,000 $37,100
2015 -- $50,100 $13,000 $37,100
2014 -- $50,100 $13,000 $37,100
2013 -- $50,100 $13,000 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6248981

OneKey® MLS

APN: 5200-048-017-00001-000-0002