Check Availability
Westchester 10514
507 Millwood Road
$650,000
House - In Contract

507 Millwood Road

New Castle, NY 10514
bedrooms
3 Beds
bathrooms
3 Baths
$4,700
Estimated Monthly
$0
HOA / Fees
4.97%
Cap Rate

About This Property

Living like a five-bedroom this spacious 1.13-acre home showcases 3,136 square feet of living area comprising three bedrooms and three full bathrooms. The main level provides a blend of a living room, dining room, kitchen, family room/home office (which easily serves as a bedroom), and deck along with a primary bedroom suite that indulges with a dressing room and an ensuite bath featuring a spa tub. The lower level, featuring a walk-out design, offers a family room (which easily serves as the 5th bedroom) with fireplace, adjacent to open fitness area, a full bath, a dedicated laundry room, and a storage room. Central air, wood floors, a wood-burning fireplace and an attached two-car garage contribute to a delightful living experience. Roof, soffits, vent, fascia boards, and gutters were replaced in 2015 and the exterior was painted in 2016. Local amenities, from eateries and shopping outlets to recreational facilities and Metro North to Grand Central Station, are just a stone's throw away. Sold "as is" this home sweet home is ready for your personal touches.  Do not walk the property.
Unit Size
-
Days on Market
-
Land Size
1.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,508
HOA Dues
-
Year Built
1958
Listed By
Lindsey Green
Houlihan Lawrence Inc.
Lauren Zaccaria
Houlihan Lawrence Inc.
Last updated: 2 months ago (OneKey MLS #ONEH6257976)

Price History

Date / Event Date Event Price
Mar 12, 2024 In contract -
In contract
Mar 5, 2024 Price Decreased $650,000
↓ $140K (17.7%)
Price Decreased
Dec 11, 2023 Price Decreased $790,000
↓ $110K (12.2%)
Price Decreased
Jul 10, 2023 Listed by Houlihan Lawrence Inc. $900,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, 2 Car Attached
Garage Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 3

Interior Information

Interior Features: Master Downstairs, Eat-in Kitchen, Home Office, Storage
Flooring Type: Hardwood

Room 1

Level: First
Type: Entry, Living Room, Dining Room, Dine-in kitchen with door to deck, family room/home office/potential 4th bedroom, primary bedroom suite with dressing room and full bath, bedroom, full bath, bedroom

Room 2

Level: Lower
Type: Family room with fireplace and door to patio, fitness room, full bath, home office/potential 5th bedroom, laundry room, storage room, mechanicals.

Room Information

Rooms: 9

Fireplace Information

Has Fireplace
Fireplaces: 1

Basement Information

Basement: Finished, Walk-Out Access

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 3,136
  • Building Area: 3,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,136
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLEY RIDGE ESTATES
  • Land Acres: 1.13
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OMAR MOHAMED
  • Previous Owner : HSU CHIAO LIEN CHANG
  • Previous Owner 2: HSU YUNG SUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chappaqua Central School District
  • School Tax School District: CHAPPAQUA
  • Census Tract: 013104

Zoning

  • Zoning: R-1A

Geography

  • Account Number: 2265000
  • District: 553600
  • Section: 81.07
  • Parcel: 553600 81.7-3-20
  • Block: 3
  • Lot: 20.000
  • Municipality: NEW CASTLE
  • Latitude: 41.2047
  • Longitude: -73.7676

    Address

  • Full Address: 507 Millwood Rd
  • Address - House Number: 507
  • Address - Street Name: Millwood
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Chappaqua
  • Carrier Code: C014
  • 4-Digit Zip Code: 1317
  • Zip Code: 10514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,093
  • Tax Rate Code Area: 553604

    Appraisal Valuation

  • Standard Deviation: 0.0924
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 91
  • Final Value: 894,575
  • High Value: 977,247
  • Low Value: 811,903

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,110,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 20, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,910,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 09, 2048
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jun 21, 2012
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2027

    Market Valuation

  • Market Total Value: $727,101
  • Market Land Value: $270,270
  • Market Improvement Value: $456,831

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,611
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $67,611

    Sales

  • Current Sale Contract Date: May 04, 2012
  • Current Sale Recording Date: Jun 21, 2012
  • Current Sale Transaction ID: 1106833181
  • Current Sale Price: $564,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 0521233363

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 21, 2012
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2027

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$740,000 Jul 7, 2022
$740,000 Sep 9, 2022
$1,553/mo

About Westchester


Similar Homes for Sale


Nearby Rentals



Frequently Asked Questions

When was property at 507 Millwood Road built and last sold?
The property at 507 Millwood Road was built in 1958 and last sold on May 4, 2012 for $564,000.
How much is this home worth?
The estimated value of the home located at 507 Millwood Road is $797,900.
What are some comparable homes to 507 Millwood Road?
Homes that are comparable to 507 Millwood Road include a house property at 4 Pondfield Drive North, located in New Castle, NY.

Quantcast