An Update on the Tax Revaluation from the Village Assessor

How is the Scarsdale Village-wide tax reassessment going and when will residents see changes to their tax bills? Town Assessor, Nanette J. Albanese, reports that the data collection phase of the 2014 Scarsdale Town/Village reassessment project is essentially complete. To date over 90% of property owners in the Village allowed complete interior and exterior inspections by the data collectors from Tyler Technologies, which is exceptional for a program of this type.

Tyler Technologies, the revaluation contractor, is currently finalizing the resolution of issues and possible discrepancies on the Property Description Reports that were returned to them by property owners.

During the next several weeks, Tyler project managers, in conjunction with the Town Assessor, will be analyzing property sales in order to calibrate the computerized valuation models, which are the bases for the estimates of value for every property. All values ultimately produced by the model will be reviewed from the street for all properties. Once the proposed property values have been reviewed in final by Tyler and town officials, preliminary new assessments for all properties will be produced, impact reports and preliminary assessment disclosure notices will be generated.

After the mailing of the preliminary assessment disclosure notices to all property owners, which is scheduled to occur in late February/early March 2014, meetings for property owners and town officials will be held with Tyler to discuss the results of the program, the possible tax impact on various types and classes of properties, as well as the process for property owners to follow, should they have legitimate reason to dispute their new assessment.

Upon conclusion of the preliminary assessment review meetings with Tyler, tentative assessment notices will be mailed to all property owners by the June 2, 2014 statutory tentative assessment roll filing date. By law, the period for review and the filing of complaints against the tentative 2014 assessment roll will run from June 2-17, 2014, with June 17, 2014 being the official Grievance Day.

Sales and Featured Listings:

20 Donellan Road: Extraordinary Greenacres home with gourmet kitchen with custom cabinetry, granite countertops, Thermador double wall ovens, warming drawer, SubZero refrigerator, Sub Zero refrigerator drawers, 2 Miele dishwashers, Wolf 6 burner range and 2 48 bottle wine refrigerators to create the perfect space for the experienced chef. The kitchen leads to a wonderful family room overlooking a private backyard. Second floor master bedroom with master bath and three bedrooms.

Sale Price: $1,645,000
Real Estate Taxes: $29,454

15 Stonewall Lane, Mamaroneck: Spacious four-bedroom/3three bath home has been fully renovated. The expansive gourmet kitchen/family room has been outfitted with top of the line appliances, ceaser stone countertops and custom cabinetry. The dining room features a stunning stacked stone fireplace. All of the closets have been customized and the bathrooms have been tastefully appointed. There are 3 skylights, a level yard and large bluestone patio.

Sale Price: $1,225,000
Real Estate Tax: $27,388

11 Springdale Road: Bright sunny home with hardwood floors, lovely flat backyard with close proximity to park make this a lovely home for a growing family. Family room, office and legally finished basement with a full bath, give everyone their own private space to live, work and relax.

Sale Price: $975,000
Real Estate Tax: $21,408

15 Crossway: Renovated ranch with new kitchen and bath. New roof and boiler. 3 bedrooms, 2 baths, living room with fireplace, office space, finished basement, two-car garage,
Sale Price: $870,000
Real Estate Tax: $22,436

Edgemont:

26 Sprain Valley Road: Great home with nice sized bedrooms, laundry in family room off of kitchen, finished walk-out basement, heated driveway, large backyard.

Sale Price: $655,200
Real Estate Tax: $24,360

Featured Listings:

4 Grand Park Avenue, Scarsdale
Pristine and sun-filled, this classic Center Hall Colonial offers the perfect blend of luxury and comfort. Entertain in the generous dine-in-kitchen/family room overlooking stone patio, magnificent pool, and lushly landscaped yard with waterfall and pond. Upgrades include new windows, heating/cooling system, millwork and more. Relax in the expansive master suite with sitting room and spa bath. Generous proportions throughout. Set on half acre with circular drive. Easy commute and outstanding community amenities complete the perfect package. Learn more here:

List Price: $1,895,000

15 Rutland Road, Edgemont:
Exquisite Cotswold home and gardens. Exceptional in quality, updates, layout, space and proportion. Archways, elegant moldings and panels, window seats, French doors, replaced leaded windows, large hallways, and wide planked oak floors. Constructed of stone granite with a Ludovicci tile roof. Great patio, yard and stone porch. The most exquisite basement with a fabulous kitchen, wine cellar, family room/media room and gym. Gym can be an easy conversion to 5th bedroom, see listing agent. Learn more here:

List Price: $2,449,000