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Brisk Sales and More Demolitions

11RichbellHistoricPhotoSales were brisk this week – perhaps a sign that the new valuations have been issued and buyers are reviewing them and making decisions. On the demolition front, the Committee for Historic Preservation issued their agenda for their May 20th meeting where they will consider certificates of appropriateness to demolish the following homes. Speak now or forever hold your peace. The meeting is at 8 pm at Village Hall:

  • 3 Seneca Road built in 1965
  • 22 Montrose Road built in 1923
  • 5 Seneca Road built in 1963
  • 8 Ardmore Road built in 1952
  • 31 Paddington Road built in 1951

Sales: Scarsdale

11RichbellRoad11 Richbell Road: A stunning seven bedroom, 6.5 bath house with a separate three bedroom guesthouse on 2.23 acres in Murray Hill. Set back from the street by a winding driveway, the house is surrounded by mature trees and manicured lawns. The 6,600 square foot main house was renovated in 2012 and features great natural light, high ceilings, 4 wood-burning fireplaces, en-suite baths, original moldings, an eat-in kitchen, central A/C and perfect entertaining areas.

Sale Price: $4,328,000
Real Estate Taxes: $64,644

It is interesting to note that the new valuation for the home is $3,852,000, indicating that taxes will be approximately $86,000.

27VanderbiltRoad27 Vanderbilt Road: New Construction: 6,152 square foot home to be built on a quarter of an acre in Heathcote. Six bedroom, six bath home to be built by highly regarded Scarsdale builder. Home to be built with tasteful finishes and high quality craftsmanship.
Sale Price: $2,745,000
Real Estate Taxes: TBD

43CohawneyRoad43 Cohawney Road: Meticulously maintained Tudor home in Fox Meadow with hardwood floors, leaded windows, beautiful landscaping. Newer kitchen with granite counters, new marble master bath, 2-zone central air.

Sale Price: $1,475,000
Real Estate Taxes: $31,546

12HamiltonRoad12 Hamilton Road: Four bedroom side hall Colonial with classic bay window, remodeled front entry, stairs, garden, and new roof in 2004. Enhancements include new: windows, bathroom, kitchen and gas conversion. Freshly painted with a new deck, rear garden and added garage storage room. First floor laundry, and family room and 625 square foot basement playroom.

Sale Price: $1,128,000
Real Estate Taxes: $18,399

35HamiltonRoad35 Hamilton Road: Edgewood Colonial nestled on a private level .18 acre property with a stone patio. Large eat-in kitchen next to the family room. 11 rooms, 5 Bedrooms, 3 full baths and a powder room. Great closets. Nice flow from room to room and extra gathering places.

Sale Price: $999,999
Real Estate Taxes: $23,846

12FountainTerrace12 Fountain Terrace: Beautiful home, well maintained home in Greenacres. Large rooms make for comfortable everyday living and entertaining .High ceilings.The kitchen has a separate dining area . The pantry leads to the formal dining room . The master suite has a separate dressing room which may also be used as a bedroom or nursery . The bathrooms have been updated. New landscaping for terraced backyard.
Sale Price: $930,000
Real Estate Taxes: $22,550

Sales: Edgemont:

112HighpointRoad112 Highpoint Road: Sun filled Contemporary nestled in a wooded area, secluded and picturesque on .82 acre. Desirable open floor plan on the first floor with glass walls bringing the outside in. Other special features include a magnificent deck with partial cover, an expansive master bedroom including sitting, dressing, study spaces and capacious closets and a large family room with many built-ins. Two fireplaces. Four bedrooms, two full baths & powder room. A romantic retreat and a fun place to entertain!

Sale Price: $930,000
Real Estate Taxes: $39,614

Featured Listings:

18KelwynneRoadHLChristieSmall18 Kelwynne Road, Scarsdale: Magnificent park-like setting in the heart of much desired Murray Hill. Elegance and tranquility greet you as you drive down the long driveway into this extraordinary property with flowering trees and expansive lawns that set a scene of serenity. Conveniently located within walking distance to both the elementary and middle schools, this property is a homeowner's dream. Upon entering this beautiful Colonial you will discover a sun-drenched center hall with nine foot ceilings throughout the first floor. The beautiful living room features a fireplace with marble surround, while the formal dining room features a fireplace with Delft tiles around it. The modern kitchen boasts a center island and leads to a charming breakfast room overlooking the property. Completing the first floor is a spacious sun filled family room with cathedral ceiling and stunning views of the property and slate patio. Four bedrooms and three baths complete the 2nd floor. There are 2 tax lots. Learn more here:

List Price: $3,750,000

HLChristieSmall5 Copper Beech Lane, Scarsdale: Fabulous brick Colonial set on level 5CopperBeach.57 acre of lush, park-like property on a quiet cul-de-sac. This elegant home features a grand two-story entry with marble floor, gourmet dine-in kitchen, family room with stone fireplace and doors to yard, a formal dining room, office/den and a private guest suite. The second floor boasts a master bedroom suite with luxury marble bathroom, bedroom with bath, two additional bedrooms and a hall bath. An entertainer's delight. Amenities include close proximity to transportation, school, shopping and worship. Learn more here:

List Price: $2,650,000

prucentlogoa16 Verdun Avenue, New Rochelle: Holiday dinners...Sunday16VerdunAve brunches...Curling up in front of the stunning stone fireplace. Enjoy outdoor gatherings with family and friends from two slate patios. You can have it all living in this majestic 5BR/3.1B Tudor home located in the established neighborhood of Bonnie Crest, New Rochelle. Hallmarks include the magnificent chef's kitchen, its great flow as well as beautiful details such as beamed ceilings, leaded glass windows, archways, and interior French Doors. This picturesque setting won't disappoint. See online at\
List Price: $989,000

prucentlogoa11 Landers Manor Road, White Plains: Set on a cul-de-sac of luxury11LandersManorRd homes. Custom built 5BR/4.1B Center Hall Colonial on almost 3/4 of professionally landscaped property with new pool and waterfall. This home boasts grand hall with floating staircase, grand gourmet kitchen with breakfast nook, family room with 2 story stone fireplace. first floor master suite, au-pair quarters, custom built-ins and wired for sound systems. Perfect White Plains home for family entertaining. Nothing to do but move right in and enjoy! See online at

List Price: $1,395,000



#1 Real Estate Professional 2014-05-08 08:41
With the lack of transparency being shown in how the Village of Scarsdale and Tyler Technologies' revaluation figures resulted in putting such a high increase on specifically the land value in Scarsdale, the following is something Scarsdale residents might want to consider. Residents can obtain through the Scarsdale Village Hall public records under the Freedom of Information Law (FOIL), how many homes were sold in 2013 to builders for demolishing and rebuilding vs. homes sold to private individuals for intent of living in existing homes.

So the challenge with the records is that you cannot tell what the outcome is on most of the homes demolished. However, here is a total (keeping in mind some homes appear twice for demo and rebuild):
Demo and rebuild = 3 / Demo only = 21 / Partial demo (no rebuild) = 6

It is probably a fair assumption that the 21 demolished will eventually receive a permit for a rebuilding. So let’s say 24 in total for 2013. The records list all the sales which total 382 (some appear twice so they were only counted as once). The tricky part is that there is carryover in years. So for the list of demo’s for 2013, only a portion show as purchased in 2013 as they could have been purchased in 2012 and the permits filed in 2013. Likewise there are probably builders purchasing homes on the list in 2013 that the permit requests will appear in 2014
But allowing for assuming the same carryover from year to year, it could be said that of 382 sales, 24 were for the intent of demolishing and rebuilding. This represents 6.3% of the sales in 2013. So the question begs, how can the town and Tyler Technologies place so much weight on the land portion of the assessment that is driven by builders’ intent to demolish homes when this represents only 6% of homes sold in Scarsdale? Put another way, with 94% of homes sold to private individuals for the intent of living in the existing homes, then it appears necessary to assume this is the likely buyer demographic and the assessments should be made with more weighting on the home and less on the land given the intent to live in and retain the home.

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