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54 Butler Road

54 Butler Road, Scarsdale, NY 10583
Property in Scarsdale
Sold Oct 07, 2021
$7,000,000
$4,900,000 by First Republic Bank
Mortgage Due Oct 01, 2051
54 Butler Road in Scarsdale, NY was first built in 1933 and is 91 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 10 are bedrooms. In terms of bathrooms, there are a total of 9 full bathrooms. There are 10 partial bathrooms. 54 Butler Road has 9,937 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,804 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 57,499 square feet.

Learn more about the property and building on this page. There is a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 54 Butler Road was last sold in Sep 10, 2021 for $7,000,000. According to our calculations, that's $704.44 per sqft. Current property owners are expected to pay $76,438 in taxes per year. The property on 54 Butler Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,850,000. To break that down further, the land itself was valued at $3,050,000. While improvements to the property were assessed at a total of $3,800,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Total Rooms: 15
  • Bedroom Count: 10
  • Bathroom Count: 10
  • Full Bathrooms: 9
  • Partial Bathrooms: 10
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,804
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 57,499
  • Lot Size Frontage Feet: 4,510
  • Total Building Area: 9,937
  • Building Area: 9,937
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 9,937
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOX MEADOW SOUTH BULTER RAOD
  • Land Acres: 1.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAHAN MICHAEL
  • Current Owner 2: KAHAN JENNIFER
  • Previous Owner : ADAMS CLAUDETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scarsdale Union Free School District
  • School Tax School District: SCARSDALE
  • Census Tract: 010000

Zoning

  • Zoning: A2

Geography

  • Account Number: 040784000
  • District: 555001
  • Section: 4.08
  • Parcel: 555001 04.08.612
  • Block: 612
  • Municipality: SCARSDALE
  • Latitude: 41.0004
  • Longitude: -73.7896

    Address

  • Full Address: 54 Butler Rd
  • Address - House Number: 54
  • Address - Street Name: Butler
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Scarsdale
  • Carrier Code: C256
  • 4-Digit Zip Code: 2238
  • Zip Code: 10583

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $76,438
  • Tax Rate Code Area: 555001

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 863,353
  • High Value: 1,258,082
  • Low Value: 468,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,900,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $4,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $8,961,277
  • Market Land Value: $3,990,058
  • Market Improvement Value: $4,971,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,850,000
  • Assessed Land Value: $3,050,000
  • Assessed Improvements Value: $3,800,000

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11859804180
  • Current Sale Price: $7,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 612523328

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $4,900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Scarsdale



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Frequently Asked Questions

What neighborhood is 54 Butler Road located in?
The 54 Butler Road is a located in the neighborhood of Scarsdale in Scarsdale, Scarsdale.
What is the average sales price for listings in 54 Butler Road?
The average sales price for units in 54 Butler Road is $0 currently.

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