NOT LISTED FOR SALE

985 Peace St Pelham, NY 10803

Estimated Value: $1,623,000 - $1,921,000

5 Beds
4 Baths
3,178 Sq Ft
$568/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $1,085,000 $341 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,205/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room
  • Pelham Memorial High School Rated A+
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of June 2015

This beautiful five bedroom center hall colonial was built in 1920 and is located on a quiet tree lined street, just steps away from Prospect Hill School and park. The home retains many original details with finished hardwood floors throughout. Modern amenities include a large and well-appointed eat-in-kitchen with stainless steel appliances and two zone central AC. With larger, open rooms this home is perfect for families and entertaining, and the spacious, flat and fenced-in yard is perfect for outdoor activities. A finished basement and a large attic for storage add to the value of this beautiful home.

Last Agent to Sell the Property

Kathleen Yost

Houlihan Lawrence Inc. Brokerage Phone: 914-738-2006 License #40YO1090462 Listed on: 03/01/2015

Last Buyer's Agent

Antoinette Iemma

Houlihan Lawrence Inc. License #30IE0855007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,892

Year Built

  • Built in 1930

Lot Details

  • 10,629 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,178 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wall to Wall Carpet
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Laundry

  • Dryer
  • Washer

Schools

  • Prospect Hill Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Chandelier(s),Curtains/Drapes,Flat Screen TV Bracket,Selected Light Fixtures
  • Assessor Parcel Number 4405-166-043-00001-000-0013

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,892

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Chandelier(s),Curtains/Drapes,Flat Screen TV Bracket,Selected Light Fixtures
  • Year Built: 1930
  • Attribution Contact: 914-738-2006
  • Village: Pelham Manor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Entrance Foyer, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Garage Door Opener,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 3178
  • AtticDescription: Unfinished,Walkup
  • SquareFootage: 3178.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 0.2440
  • Lot Size Sq Ft: 10629
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4405-166-043-00001-000-0013
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 36892
  • Tax Map Number: 4405-166-043-00001-000-0013
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Prospect Hill School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2015
Closed on
Jun 18, 2015
Sold by
Shea John V and Macleod Melissa A
Bought by
Vijayan Viju and Sankaranarayanan Shalini
Seller's Agent
Kathleen Yost
Houlihan Lawrence Inc.
Buyer's Agent
Antoinette Iemma
Houlihan Lawrence Inc.
List Price
$1,165,000
Sold Price
$1,085,000
Premium/Discount to List
-$80,000
-6.87%
Current Estimated Value
$1,806,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,623
Avg. Annual Appreciation
5.13%
Original Mortgage
$672,000
Outstanding Balance
$525,632
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,280,991

Purchase Details

Closed on
Oct 17, 2006
Sold by
Stapleton John W and Stapleton Margaret
Bought by
Shea John V and Macleod Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Vijayan Viju $1,085,000 Thoroughbred Title Svcs Llc
Shea John V $1,290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engram Weston T $672,000
Previous Owner Shea John V $550,000
Previous Owner Stapleton John W $322,700
Previous Owner Stapleton John W $300,000
Previous Owner Stapleton John W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2015 06/18/15 Sold $1,085,000 -6.9% $341 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $1,165,000 0.0% $367 / Sq Ft
08/12/2014 08/12/14 Rented $5,900 -4.8% --
07/13/2014 07/13/14 Under Contract -- -- --
06/10/2014 06/10/14 For Rent $6,200 +0.8% --
07/31/2013 07/31/13 Rented $6,150 -2.4% --
07/01/2013 07/01/13 Under Contract -- -- --
05/23/2013 05/23/13 For Rent $6,300 +11.5% --
08/07/2012 08/07/12 Rented $5,650 -5.8% --
07/08/2012 07/08/12 Under Contract -- -- --
06/27/2012 06/27/12 For Rent $6,000 -- --
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 $40,577 $1,602,000 $392,000 $1,210,000
2023 $38,586 $1,526,000 $261,500 $1,264,500
2022 $36,757 $1,400,000 $261,500 $1,138,500
2021 $36,565 $1,250,000 $261,500 $988,500
2020 $35,997 $1,250,000 $261,500 $988,500
2019 $37,766 $1,227,000 $261,500 $965,500
2018 $31,790 $1,180,000 $261,500 $918,500
2017 -- $1,135,000 $261,500 $873,500
2016 $38,783 $1,085,000 $261,500 $823,500
2015 -- $1,125,000 $261,500 $863,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4507127

OneKey® MLS

APN: 4405-166-043-00001-000-0013