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7 Gifford Lake Drive

7 Gifford Lake Drive, Armonk, NY 10504
Property in North Castle
Sold Jul 29, 2013
$1,555,000
$850,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2043
7 Gifford Lake Drive in Armonk, NY was first built in 1997 and is 27 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7 Gifford Lake Drive has 4,612 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. In total, the area measurement of the land is 101,930 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 500 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Gifford Lake Drive sold most recently in Jul 18, 2013 for a total of $1,555,000. If you work out the math, that's approximately a cost of $337.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $34,417 in taxes each year. 7 Gifford Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,800. If we break it down further, the land itself was valued at $3,200. Improvements to the property, however, were assessed at a total of $29,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 101,930
  • Total Building Area: 4,612
  • Building Area: 4,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,612
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CERTAIN SUBDIVISION
  • Land Acres: 2.34
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHNEIDER JONATHAN
  • Current Owner 2: SCHNEIDER SUZANNE
  • Previous Owner : ROSEN RANDI
  • Previous Owner 2: ROSEN ERIC M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Byram Hills Central School District
  • School Tax School District: BYRAM HILLS
  • Census Tract: 012304

Zoning

  • Zoning: R-2A

Geography

  • Account Number: R2A
  • District: 553800
  • Section: 102.03
  • Parcel: 553800 102.03-1-52
  • Block: 1
  • Lot: 52.000
  • Municipality: NORTH CASTLE
  • Latitude: 41.1368
  • Longitude: -73.6705

    Address

  • Full Address: 7 Gifford Lake Dr
  • Address - House Number: 7
  • Address - Street Name: Gifford Lake
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Armonk
  • Carrier Code: C003
  • 4-Digit Zip Code: 2712
  • Zip Code: 10504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,417
  • Tax Rate Code Area: 553801

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 2,161,828
  • High Value: 2,694,271
  • Low Value: 1,629,385

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,444,803
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 29, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 12, 2022
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $13,803
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2052
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Jul 12, 2022
  • Third Open Lien Mortgage Financing Type: Adjustable Rate
  • Third Open Lien Mortgage Loan Amount: $581,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Third Open Lien Mortgage Loan Due Date: Jul 12, 2052

    Market Valuation

  • Market Total Value: $1,987,878
  • Market Land Value: $193,939
  • Market Improvement Value: $1,793,939

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,800
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $29,600

    Sales

  • Current Sale Contract Date: Jul 18, 2013
  • Current Sale Recording Date: Jul 29, 2013
  • Current Sale Transaction ID: 1196318532
  • Current Sale Price: $1,555,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 531923616

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 29, 2013
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y

About Westchester



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Nearby Rentals

Unit for rent at 3 N Lake Road, North Castle, NY, 10504

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,045 ft²
3 N Lake Road, North Castle, NY, 10504 Listing by Barbara Greer

Frequently Asked Questions

What neighborhood is 7 Gifford Lake Drive located in?
The 7 Gifford Lake Drive is a located in the neighborhood of North Castle in Westchester, Armonk.
What is the average sales price for listings in 7 Gifford Lake Drive?
The average sales price for units in 7 Gifford Lake Drive is $0 currently.

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