February Real Estate News

Another large home in Murray Hill has sold for far less than the new appraised value. This week 45 Birchall Road, appraised at $5,793,000 sold for just $3,800,000. The home was originally listed at $4,500,000, but sold for $700,000 less than the asking price and $1.2mm below the appraised value. The real estate tax shown on the listing is $129, 821 but the property record on the Village website shows updated taxes of $139,138.

In other real estate news, the overall base assessment of all Scarsdale real estate grew by $97 million or 1.05% in 2014. What does that mean for you? According to Village Assessor Nanette Albanese, "the (taxable) assessed value used to calculate a tax rate for the 2015 village and 2015 school taxes will be greater and reduced tax rates may result; assuming that budgets are not increased to the extent that any increase in the base assessment roll is consumed, or exceeded. " However, the larger assessed value base, will result in increased county taxes as Scarsdale will have to pick up a larger proportional share of the county tax.

Sales:
(Pictured above) 45 Birchall Drive: This jewel is one of the most exquisitely designed, constructed and appointed homes in Murray Hill. Sited on a beautifully landscaped acre on one of the most admired streets in Scarsdale. Breathtaking primary spaces include a soaring center hall, an outstanding Living Room with a custom fireplace, a formal dining room that is for elegant dining. The great room with fireplace, French doors leads to the patio and heated pool. Sure to impress is the fabulous kitchen with separate breakfast room. The second floor with its handsome landing reveals a fantastic master bedroom suite, including a enormous bedroom, dressing room, a glamorous bathroom, walk-in closets and a handsome study. Additionally, there are four bedrooms, a nursery, and three baths. Extra large bonus room and exquisite grounds offer exceptional privacy.

Sale Price: $3,800,000
Assessed Value: $5,793,000
Real Estate Taxes: $129,821

24 Jefferson Road: center hall Colonial recently completed that has everything you can imagine and more. Beautiful spacious kitchen with custom cabinets, granite, Wolf and Subzero appliances, 2 sinks, 2 dishwashers and a convenient butler's pantry-- ready for whatever awaits. High ceilings, sun splashed rooms, lovely hardwood floors and custom touches throughout will meet the needs of the most discriminating buyers. 6 bedrooms. 6 baths, a family room off the kitchen and an additional 2nd floor family room allow for flexible living. Finished basement with 1,793 square feet of living space, flat yard with patio and professional landscaping. Surround sound in seven zones, full house generator, wired with cat 6 cable, mud room and more.

Sale Price: $2,200,000
Real Estate Taxes: $42,000

6 Old Lyme Road: Bright and sunny Ranch home on .46 acre of beautiful property. Featuring 4 bedrooms and 3.1 baths, this house is built for easy living. The large living room with picture window hosts a wonderful fireplace with marble surround and built-ins on either side. Entertain in the spacious dining room with views of the patio and yard. The family room features built-ins plus door to the flagstone patio and yard. The modern kitchen with granite counter tops, Sub Zero refrigerator, Wolf range top, double ovens and stainless steel appliances is another sunny area of the house. There are Marvin windows, hardwood floors plus 3 zone heat and air conditioning. Many closets, including a large cedar closet and good storage space are an added attraction to the house.

Sale Price: $1,450,000
Real Estate Taxes: $34,977

14 Edgemont Circle: Completely redone for today's modern lifestyle. Features include cathedral ceilings, eat-in kitchen, fenced yard, formal dining room, hardwood floors, and 2 family rooms. Private 0.40 acre park-like property with security system. Beautiful specimen trees and flowers in garden.

Sale Price: $1,275,000
Real Estate Taxes: $28,070

7 Oxford Lane: Lovely contemporary home with a very private setting on a cul-de-sac, nestled on .70 of an acre with great views and terrific sunlight throughout the day. Over 3,000 interior square feet which includes 2,248 on the first floor and 1,000 in the lower level. Open entry foyer, step-down living room with vaulted ceiling, formal dining room with vaulted ceiling as well. 2010 new eat-in kitchen with skylights, laundry room, large family room with fireplace, vaulted ceiling with skylights, built-ins and glass sliding door to deck. Master bedroom has walk-in closet and 2011 new bathroom, two additional bedrooms with hall bath. Easy access from large 2-car garage to a large mudroom, playroom, plus two additional rooms -office and a gym plus a full bathroom.

Sale Price: $949,000
Real Estate Taxes: $29,874

310 Old Colony Road: Situated in a tree lined street in Edgemont, expansive ranch with open floor plan and an abundance of windows and natural light. Living room with fireplace, spacious family room with radiant heat, soaring ceilings, wood burning fire place, Master bath with radiant heat, enormous kitchen with subzero refrigerator, sun drenched dining room opens to a deck which offers a panoramic tree top view. Lower level features 2nd family room with sliding door and has a potential as home office, gym, extra bedroom or in-law suite. 2 car garage, new stone masonry walkways and steps.

Sale Price: $838,000
Real Estate Taxes: $21,458

Featured Listings:

53 Corell Road, Scarsdale: Move right in to this meticulously maintained and beautifully renovated five-bedroom Colonial. The cook's kitchen with custom cabinetry, granite countertops, stainless steel appliances and sun-filled eating area opens onto the maintenance free deck overlooking the lovely yard. The living room with fireplace and spacious dining room with built-ins, are designed for entertaining and the large first floor family room features custom built-ins and a bar with wine storage. The luxurious private master suite has a new marble bath, a dressing area with two walk-in closets, and separate office. Three additional bedrooms, a hall bath, and a sitting area complete the second floor. The fifth bedroom with full bath on the first floor is ideal for a nanny, guest or office. The 763 square foot lower level is perfect for a playroom or home gym, and a new whole house generator offers peace of mind. Private setting and only steps from Corell Park and playground. Free bus to elementary school and high school. A must see. Learn more here:

List Price: $1,595,000

27 Aspen Road, Scarsdale: Bright and spacious five-bedroom home in Quaker Ridge with generously sized rooms. New kitchen (2009) with granite counters and high-end appliances, furnace/HVAC (2009), hot water (2011), roof (2012), windows, lower level tile floor, master bedroom with built-ins and new master bath, as well as new hall bath and lower level bath. Located near Aspen Park on a .38 acre level property with private back yard and two patios. Learn more here:

List Price: $1,299,000