Heathcote Association Challenges Revaluation
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
The Heathcote Association is circulating a petition to delay implementation of the revaluation for one year to give residents "the opportunity for residents to review and understand the means by which their assessments were determined."
Speaking for the Association, President David Bunzel is calling the current process flawed, lacking in transparency and time constrained. The group has not received the information they require to assess the methodology behind the revaluation and they are challenging the appropriateness of the comparables that were used to price their homes. They fear that the new assessments will drive empty nesters out of town, strain the schools and change the village character. They claim that as many as 40% of the assessments are "substantially wrong" and are calling on the Trustees to defer the implementation of the revaluation.
Commenting on the petition to defer the revaluation, Bunzel said he was speaking for all 40 homeowners in the association, who favor "tax fairness for everyone," adding that "no one should pay anything but the fair rate." According to their analysis, only 28% of valuations went down and 72% have gone up. Though he knows of no precedent for a deferral he believes that there were instances where Tyler had to redo the entire valuation. When asked how he proposes the situation be rectified, he said it will take "more field work and more time and effort to get it right."
We asked Mayor Bob Steves to comment on the petition for a deferral. Speaking for himself he said, "After a number of conversations and the inadequacies of the prior roll, I see no reason to delay implementation of this roll. There has been nothing that has come to my attention that should delay the reval at this point. I believe there will be adequate recourse for anyone who feels that their values are not correct and I would encourage people to take advantage of this opportunity. The delay would be costly and there is no reason to believe that the outcome would be any different the second time. There will be a public meeting with Tyler on May 29 that will be televised.
Sales:
40 Birchall Drive: Gracious Murray Hill Colonial on scenic 1.3 acre with heated pool. 5 bedrooms, three full and three half baths, and separate wing with home office and exercise room. Meticulously maintained, this gracious 1927 Colonial exudes character with its sweeping circular drive, archways, dramatic curved staircase, moldings and covered stone porch. Professionally landscaped property. Very private, sought-after location.
Sale Price: $3,812,500
Real Estate Taxes: $61,494
2 Rectory Lane: Stunning new construction by Cum Laude Group, one of Scarsdale's premier area builders. Located in prime Fox Meadow neighborhood. 6,688 square foot Colonial offers a modern, sun-drenched open floor plan with fabulous layout for family living or gracious entertaining. Seven bedrooms, six full and two half bathrooms. Four levels of finished space with oversized windows and high ceilings.
Sale Price: $3,152,000
Real Estate Taxes: TBD
270 Glendale Road: In the heart of Edgemont, this spacious colonial is set on a spectacular level half acre with a gorgeous shoreline pool/hot tub and stunning patio with built-in grill. This private wooded yard is fabulous for entertaining. Designed for easy family living this home boasts 6 bedrooms, three and a half baths and 4359 SF of interior living space including an oversized kitchen leading into the family room with fireplace.
Sale Price: $1,926,300
Real Estate Taxes: $48,814
3 Kolbert Drive: Stately Southern Colonial. Soaring double height entry with sweeping circular staircase. Features include new hardwood floors, crown and dental moldings, generator! Fantastic for both casual and formal living with large living and dining rooms, family room with fireplace, eat in kithen with center island, high-end appliances. Sliding French doors to new patio, back staircase. Master suite with large bath, three family berooms, plus bonus room, second floor laundry room. Quiet street and lots of curb appeal.
List Price: $1,875,000
Real Estate Taxes: $35,663
29 Cornell Street: Exquisite 6 bedroom, 4.1 bath Quaker Ridge spacious Colonial. Elegant foyer with grand staircase. Masterfully renovated kitchen/family room-both lead to a courtyard patio evoking the feeling of being on vacation while dining al fresco. Grand living room, dining room. Well appointed master bedroom with sitting room, his/her walk in closets and luxurious bath. 4additional bedrooms, 2 baths 2nd floor, guest suite with bath on first floor. Beautifully manicured property.
Sale Price: $1,595,025
Real Estate Taxes: $38,684
9 Stratton Road: Warmth abounds in this inviting colonial that has been updated with the highest quality and tasteful appointments including a renovated open gourmet kitchen and family room with high end appliances and huge center island. Master bath was recently renovated and the windows have been replaced throughout. There are crown moldings, hardwood floors and custom closets and built-ins. The backyard is perfectly flat with newer patio, new landscaping and lighting.
Sale Price: $1,450,000
Real Estate Taxes: $24,780
30 Stonehouse Road: Updated home with custom kitchen and high-end appliances. First floor family room. Luxury marble baths. Hardwood floors throughout. Bright and spacious.
Sale Price: $1,393,000
Real Estate Taxes: $30,580
45 Lawrence Road: Sun filled spacious home surrounded by picturesque property with large deck and level yard. Perfect home for living and entertaining with great flow on .58 acres of exquisite property with room for pool. Beautifully maintained, generous, bright, light rooms throughout. Large master suite features spacious library. Lower levels include fourth (Guest/Nanny) bedroom and playroom.
Sale Price: $1,310,000
Real Estate Taxes: $31,192
34 Edgewood Road: Inviting Colonial set in a desirable convenient location Lovely living room with fireplace, formal dining room, home office, family room and sunny eat in kitchen with door to private deck. Master bedroom, two additional bedrooms, full bath. Spacious bedroom with full bath on third floor.
Sale Price: $960,000
Real Estate Taxes: $22,364
Featured Listings:
41 Hampton Road, Scarsdale: Stunning, dramatic, magnificent and
sunny 1930 Tudor in the heart of Fox Meadow on .69 acres with impressive grounds on a most exclusive street. Central location, walk to elementary and high school, shopping, train station, library and parks. Wonderful layout with large rooms, high ceilings and rich architectural details. First floor features an amazing paneled entrance hall, step-down living room with carved plaster ceiling and limestone fireplace and two sets of French doors to sunroom leading to the garden. Formal dining room with carved plaster ceiling, modern kitchen with breakfast area, paneled library with high ceiling and powder room. Beautiful staircase with landing and floor-to-ceiling leaded glass window. The second floor features six bedrooms with four full baths and second staircase to kitchen. Walk up to attic for storage. Lower level has incredible playroom with barrel ceiling and fieldstone walls. Great curb appeal. Learn more here:
List Price: $3,150,000
256 Old Colony Road, Hartsdale PO\Edgemont: Set on 1.7 acres
of lawns, gardens, woods and stone walls, this lovely country Colonial in a beautiful Edgemont neighborhood, offers space, privacy and style for year round enjoyment. The first floor with a pretty entry, leads to the living room with fireplace and gorgeous bookcases, dining room, large cooks kitchen, generous breakfast room with fireplace, a spacious inviting family room with built-ins and beautiful views and an office/bedroom and full bath. The large deck can be accessed through the kitchen and family room. Upstairs there are four bedrooms: a master suite with bath and three additional bedrooms, including a large room with a cedar ceiling and a hall bath. The lower level has a playroom, powder room, storage and laundry. This home has been lovingly maintained. Everything is top-notch and in "move-in condition. The property includes a 1.3 acre sub-divided building lot that can accommodate a 6,000 square foot house and provide an excellent investment opportunity. Learn more here:
List Price: $1,795,000
29 Scarsdale Farm Road: For life's celebrations, big and 
small ...Tucked away on lovely, private cul-de-sac surrounded by glorious 3/4 acre of exceptional landscaping. 5BR/3.1B Edgemont Colonial. Is extraordinary in every way, this rare find offers spacious rooms and oversized patios for backyard BBQs, a Chef's kitchen that practically cooks by itself, back stairs perfect for hide & seek plus morning laps in private neighborhood pool. Walk to Greenville School. See online here:
List Price: $1,795,000
30 Myrtledale Road: Grand parties hosted, kickball games 
played, Gracious 5BR, 3.1B center hall Colonial with sweeping circular staircase and excellent flow for entertaining. Enjoy a convenient lifestyle with family room with fireplace and bedroom & full bath off kitchen. The sunny eat-in-kitchen leads to deck and lovely yard. Bus to Scarsdale school. Close to Scarsdale pool and recreation. See online here:
List Price: $1,385,000
Construction Woes on Dell Road and this Week's Sales
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Teardowns and construction woes continue to plagues residents of Dell Road. At the Village Board meeting on Tuesday night May 13, Dell Road resident Deeana Schiffer spoke about the "five-year long nightmare" caused by construction at a home at 4 Dell Road where according to Schiffer, there has been, "unbelievable noise, a mess and garbage." She says that correspondence and phone calls to the Building Department go unanswered and decisions by the Board of Architectural Review are "disregarded and unenforced." She concluded by asking, "Why have a BAR?"
As far back as 2012, Schiffer has been calling on the Board to address the issue. Here are minutes from a meeting of the Board of Trustees on August 14 2012 when Schiffer spoke.
This past April in connection with the demolition of a property at 4 Dell Road, a large dumpster was dropped onto the driveway next door to them at 6:00 A.M. The noise was deafening. When she phoned the police, she was told that three criteria had to be met before they would send a patrol car noise, disturbance, and necessity. No patrol car was sent.
Secondly, for weeks and weeks, there was drilling through huge rock formations. She pointed out that this also took place on weekends. When she phoned the police she was told after they visited the site that this was normal construction noise. Thirdly, in July, a plumbing supplier began to deliver rather large pipes at 7:30 in the morning to the construction site. The noise was more than audible, so she phoned the police because this began before 8:00 a.m. Officer Santos arrived and spoke to the plumbing supplier but he could not issue a summons because it was 8:00 a.m. at that point. The Officer encouraged her to continue to report these infractions. Mrs. Schiffer requested the Board to revisit the original intent of the noise ordinance with a view towards restoring the quality of life that they used to know in Scarsdale.
Sales:
40 Hampton Road: Beautifully maintained, mid-century stone front home with slate roof set on .71 acres in the heart of Fox Meadow. 4,054 square feet of interior space including five bedrooms, four bathrooms, grand entry, custom millwork and lovely backyard.
Sale Price: $2,500,000
Real Estate Taxes: $48,814
22 Overlook Road: Fabulous home in the heart of Fox Meadow. Perfect for everyday living and entertaining. Lovely yard with side patio and back porch. Mature plantings. Sun-lit rooms throughout. Modern eat-in kitchen with Viking stove, Subzero refrigerator and GE double oven. Four bedrooms on 2nd floor, 2 bedrooms on 3rd floor.
Sale Price: $2,312,180
Real Estate Taxes: $51,939
25 Cayuga Road: Waterfront property in Scarsdale offers one-of-a-kind setting overlooking 4 acre pond with golf course views. Classic stone and shingle Colonial has been wonderfully updated and offers 4,000 plus square feet, 5 bedrooms, 3.1 baths, central air, gas heat, 2 car garage. Nestled on quiet cul-de-sac in lovely Heathcote neighborhood. 1.27 acres includes gorgeous park-like yard plus partial pond ownership.
Sale Price: $1,650,000
Real Estate Taxes: $38,806
11 Fairview Road: Meticulously maintained home in the desirable Grange section of Greenacres in Scarsdale. Open and bright, a fabulous flow for gracious entertaining and easy living. Elegant living room with fireplace open to family room area and kitchen. Four bedrooms and two full baths.
Sale Price: $1,015,000
Real Estate Taxes: $18,577
9 Olmstead Road: Spacious brick center hall colonial in Fox Meadow. Sunlit, oversized rooms, 2 fireplaces, curved staircase, leaded glass sidelights, 2+ car garage and CAC. Ideal for entertaining with first floor family room, living room with fireplace, formal dining room and private landscaped grounds. Four large bedrooms.
Sale Price: $1,900,000
Real Estate Taxes: $34,846
2 Stratton Road: Raised Ranch built in 1965 on .23 acres in Quaker Ridge. Great space and light; centrally located. Four bedrooms, three baths, lower level playroom, two-car garage.
Sale Price: $885,000
Real Estate Taxes: $24,850
11 Evon Court: Carefree home with tons of light and an open floor plan. Hardwood floors, new appliances, granite kitchen, new floors in kitchen, foyers, and baths, New A/C. 3 zone heat. Outside maintenance handled by association.
Sale Price: $880,000
Real Estate Taxes: $17,744
61 Clifton Road, Edgemont: Home has been renovated from top to bottom. New kitchen, new baths, new plumbing and electric. New hardwood floors. Award winning Edgemont School District.
Sale Price: $800,000
Real Estate Taxes: $17,536
Featured Listings: 
22 Stonehouse Road, Scarsdale: Custom-built "Nantucket" style Colonial home in highly desirable Fox 
Meadow neighborhood. Thoughtfully designed this home has numerous high-end finishes including all natural Brazilian cherry hardwood floors, nine foot ceilings, 8-zone heating and cooling and radiant heated floors in the entryway, mudroom and office. The Chef's kitchen has a Wolf gas range with professional vent, Miele wall oven, Gaggenau steamer with purified water, Sub-Zero refrigerator, full-size separate Sub-Zero freezer, two Miele dishwashers, three sinks with purified water, a large center island and great access from garage to mudroom, powder room and kitchen.
Fabulous first floor guest suite, huge family room open to the kitchen and bright sunroom/office. The second floor is equally impressive with master, four additional bedrooms, laundry and an enormous playroom. Learn more here:
List Price: $3,540,000
122 Fox Meadow Road, Scarsdale: Sophisticated young Colonial on 
park-like property within steps to village and train. Chef's kitchen with high end appliances: Sub-Zero, Miele, and Thermador, stone counters, center island/breakfast bar that opens to large family room with fireplace, built-ins and French doors to patio. Master bedroom suite with fireplace and tray ceiling, sitting area, walk-in closets, luxurious bath with double sinks, oversized shower, and Jacuzzi tub. Mudroom off of large two-car garage leads to first floor guest bedroom with bath and back staircase. Dramatic two-story entry with herringbone floors, new custom picture frame and crown moldings, custom built-ins, three fireplaces, French doors, gorgeous hardwood floors throughout, new surround sound, and new elaborate landscaping. Lern more here.
List Price: $2,485,000
Real Estate Report: Demolitions and Sales
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Two more homes were cleared for demolition by the Committee for Historic Preservation at their meeting on April 23, 2014. Going down will be 18 Coralyn Road and 17 Harvest Drive – pictured here. The Committee asked the applicants who filed to demolish 8 Ardmore Road to resubmit their application.
This week's home sales:
51 Penn Boulevard: Exquisite Georgian brick Colonial will be totally renovated with the highest quality workmanship and materials. New baths, new state of the art kitchen, new family room, new systems, all in keeping with the traditions of this elegant home. Rear property is a flat 131'x 88'and the potential exists to install a pool. This is a unique opportunity to buy a new home with old world charm and details.
Sale Price: $3,400,000
Real Estate Taxes: $56,369
60 Brite Avenue: Stone and brick center hall Fox Meadow Colonial with ample room in spacious, private, tree enclosed backyard for pool or tennis court. Five bedrooms, five baths.
Sale Price: $2,300,000
Real Estate Taxes: $41,976
27 Stratton Road: Bright updated Quaker Ridge home with four bedrooms and 3 and a half bathrooms plus den/family room, attached two car garage all in convenient location. Lots of quality details throughout like hardwood floors, custom built-ins in many rooms, ample closets, central air conditioning, screened porch, lawn sprinkler system, updated Garth Kitchen with Wolf stove and granite counter tops. The level quarter acre property is adjacent to village owned land giving the feeling of even more property.
Sale Price: $1,050,000
Real Estate Taxes: $30,175
38 Palmer Avenue: Charming Heathcote colonial in park like setting. Wonderful, modern kitchen with separate seating area leads into spacious and bright family room. The French doors divide family room from the formal living room with fireplace. French doors from family room lead to expansive deck. Central air conditioning, California closets. Lovely, flat backyard.
Sale Price: $985,000
Real Estate Taxes: $21,059
8 Highview Drive, Edgemont: Expanded split-level home set on level .23 acres offers space and comfortable living. Living room with bay window opens to dining room, eat-in-kitchen, door to huge deck over looking fenced, fabulous yard is perfect for entertaining. Master bedroom with marble bath, enormous walk in closet, additional 3 bedrooms with renovated hall bath, expansive family room with bath, walk out door to back yard plus separate lower level office/den, nanny area.
Sale Price: $788,000
Real Estate Taxes: $20,678
163 Bell Road: Lovely English Tudor, entrance foyer, very large living room/family room, formal dining room, modern eat in kitchen. Second floor: master bedroom and 2 additional bedrooms with full bath. Expansive lower level recreation room and half bath.
Sale Price: $710,000
Real Estate Taxes: $15,850
Featured Listings:
43 Axtell Drive, Scarsdale: Timeless Crane Berkley Center Hall 
Colonial with classic proportions and exquisite architectural details on .43 acre of incredible flat, private property. Move right in to over 4,800 square feet of interior space with six generously sized bedrooms, impressive entrance foyer, library with fireplace, gracious living room and formal dining room each with fireplace and a luxurious master bedroom suite. Many quality appointments and upgrades throughout. Learn more here.
List Price: $2,750,000
21 Beverly Road, Purchase: This magnificently renovated country Colonial on 1.37 
acres has a perfect layout for entertaining and relaxing. Enjoy a private country club setting with a heated Gunite salt water pool with spa, tennis court with lights, mahogany deck with covered porch, and elaborate playground.
There is a large chef's kitchen with stainless steel appliances including restaurant size Sub Zero refrigerator and freezer, center island with sink, new radiant heat, breakfast area with fantastic gas fireplace and butler's pantry. Unbelievable master suite has a sitting room, office, walk-in closets and luxurious bath. Other special features include two large family rooms, architectural details, many French doors, brand new powder room with wainscoting, private bath with dressing area that leads to deck and pool and a three-car garage. Learn more here.
List Price: $2,795,000
125 Glendale Road, Scarsdale: Easy Living...3 Bedrooms...3 Full Baths...Completely
Renovated from Head to Toe...New Plumbing, Electrical, Windows in 2012...Hop, Skip & Jump to School. Movie nights with Surround Sound...Fires Lit in the Fireplace...Watching the Day Go By From the Rocking Chair Front Porch (236 Sq. Ft.)...New Master Bath...Building Legos...Finished 572 square ft Basement...New Washer and Dryer...Pancakes Flipped...Renovated Kitchen...Toes Warm on Bathroom Floor with Radiant Heat...Perfect for Life's Celebrations, Big and Small...Greenburgh/ Edgemont Schools...Dare to Dream...Boxes Unpacked...Pictures Hung...New Home... $749,000. Learn more here: Text M346199 to 85377 for photos and details
50 Harvest Drive, Scarsdale: See full plans attached to listing. In a class of its own, this
spectacular brand new 7,500 square foot Colonial is located on a cul-de-sac with level property. This stunning home boasts a gourmet Chefs kitchen, master suite with fireplace, all luxury bathrooms, 9 and 10 ceilings, custom cabinetry and paneling, state of the art heating and cooling system, 3 car garage and so much more. Meet the builder and customize this home while you can! Learn more here: Text M338465 to 85377 for photos and details.
List Price: $3,795,000
Brisk Sales and More Demolitions
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Sales 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
11 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.
27 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
43 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
12 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
35 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
12 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:
112 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:
18 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
5 Copper Beech Lane, Scarsdale: Fabulous brick Colonial set on level 
.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
16 Verdun Avenue, New Rochelle: Holiday dinners...Sunday
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 http://4410031.PrudentialCentennial.com\
List Price: $989,000
11 Landers Manor Road, White Plains: Set on a cul-de-sac of luxury
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 http://3335197.PrudentialCentennial.com
List Price: $1,395,000
Real Estate: Sale Price vs. Valuation?
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
This week we asked to local realtors for their view on a thorny question. Now that the new valuations have been released, what should a seller do if their home is on the market at a price that is higher than the new valuation? Should they drop the price? Here are responses from Anne Moretti and Carolyn Kay:
Anne Dowd Moretti of Julia B. Fee Sotheby's:
The new valuations are certainly worth considering; however, a home's market price is determined by factors which may be very different than those used in the reval process. There has been little transparency in the methodologies used by Tyler Techhnologies to 
determine the new valuations, so it's hard to say how the new assessments were actually derived. I've seen new assessments on homes which have sold in the past year, and some are significantly higher, while others are lower than the selling prices. A property is worth what a buyer is willing to pay at any given time, and that price can be higher or lower than an assessor's calculation of land size, interior square footage, condition, location, etc. I don't believe the reval assessments and market prices are so closely related. If they were, that would certainly make our lives as real estate agents a whole lot simpler.
Carolyn Kay of Coldwell Banker:
I don't think they need to reduce the price necessarily. The assessed valuation is a number used by a municipality, in our case Scarsdale Village, to assign valuation to a particular property. Ultimately the market value of a house is what it will sell it at any particular time. As a result of this, the price of the house and the assessed valuation of the house may not be the same at all times. As we all know it is the buyers who ultimately determine what a house is worth!
Sales:
217 Rock Creek Lane: Built with luxury in mind, picture perfect, brand new construction located in Quaker Ridge. Colonial home features coffered ceilings, raised panel moldings, 9' ceilings on all levels, spacious rooms, mudroom, walk-in closets, walk-up attic, 5 zone heating, 3 dishwashers, 2 washing machines and dryers. Located in a quiet, residential neighborhood.
Sale Price: $2,600,000
Real Estate Taxes: TBD
21 Kolbert Drive: Stunning views of property, bordering Winged Foot Golf Course woods, from every corner of this beautifully renovated home on a cul-de-sac. Open floor plan perfect for entertaining, boasting a Rutt Kitchen with center island, family room with brick fireplace, connecting to a large sunroom with skylights and door to deck, overlooking .48 acre property. Perfect living space includes 5 bedrooms, 3.1 baths, office, and walk out family room with custom gas fireplace.
Sale Price: $1,595,000
Real Estate Taxes: $37,879
20 Meadow Road: A picturesque setting for this sun-filled gracious home. Open spaces and a view of Quaker Ridge Golf Course. Living room and dining with fireplace and doors to stone patio and custom pool. Enjoy the specimen trees and plantings all designed for this home. Large family room with wet-bar, modern eat-in-kitchen and separate laundry room. Glass enclosed Florida Room with BBQ and greenhouse. Two family bedrooms and master suite - 2 additional bedrooms with balcony and spiral stairs to garden
Sale Price: $1,514,000
Real Estate Taxes: $39,500
7 Old Lane, Edgemont: Great Location on .36 acre. Incredible yard. bright, sunny, open layout. Four bedrooms, 3 baths. Lower level playroom, 2-car garage.
Sale Price: $966,314
Real Estate Taxes: $26,122
14 High Point Lane: Charming colonial located on private, level 1.01 acres on cul-de-sac. Special features: renovated kitchen and breakfast room, updated master bedroom bath. Extra large new 2-car garage, family room with wood burning store and atrium. . Exquisite perennial gardens, landscape lighting, stone fountain, brick & slate patios, invisible fence. Perfect home for gracious living and entertaining with total privacy
Sale Price: $1,120,000
Real Estate Taxes: $29,392
1 Ardmore Road: Convenient location. Sunny bright Colonial on .22 acre with 3 bedrooms and 2.5 baths. Patio off kitchen, breezeway to 1 1/2 car garage, central air. .
Sale Price: $760,000
Real Estate Taxes: $22,004
Featured Listings:8 Kent Road, Scarsdale: This pristine Colonial sets new 
standards for healthy living and ultra-efficient low energy costs. Certified, unsurpassed indoor air quality, highest water purity and the lowest/zero VOC materials in a sun-lit twelve room, six bedroom, seven bath, 6,900 square foot residence. Custom millwork, high-end finishes and reclaimed wood flooring. Set on 46 acre of picturesque property with a two-car garage, with electric car charging station and ventilation system and state-of-the-art solar/geothermal heating and cooling. Learn more here:
List Price: $3,550,000
25 Cornell Street: Scarsdale PO\Mamaroneck: Fabulous classic Quaker Ridge
Split on flat and gorgeous .63 acre offers a most desirable open floor plan and comfortable layout. Each room is more spacious than the next with inviting views of the park-like property from the minute you walk through the front door. The 20' x 30' deck, accessible from the dining and living rooms is poised for festive entertaining or quiet contemplation. Possibility for expansion and pool makes this a smart option for the value driven buyer. Picture perfect. Learn more here:
List Price: $1,639,000
125 Trenor Drive: A world apart...Magnificent 6 BR, 4.2B Brick Center Hall 
Colonial with masterful renovations offers complete privacy on 3/4 park-like acres. Grand principal rooms flow elegantly for seamless entertaining indoors and out. Spectacular gourmet kitchen with additional patio is ideal for al fresco dining and boasts 2 ovens, 2 dishwashers, 2 sinks and 2 separate seating areas. A few of the highlights include 1100 bottle wine cellar, 2 laundry rooms, 2 offices, gym and complete privacy. Peerless renovations and outstanding elements are found in this custom home with luxury finishes and amenities. Offered at $1,899,000 For photos and details: Text M342368 to 85377 or see online here: http://4409079.PrudentialCentennial.com1 Eva Lane: Backyard BBQs...Morning Laps...Easy Living...4BR, 4B 
Edgemont home on close to an acre of land on a cul-de-sac. Create your memories in this spacious lovingly-maintained updated home with a magnificent private built-in pool. Special features include an open kitchen with windowed eating/sitting area leads to beautiful yard. Offered at $1,100,000 For photos and details: Text M313147 to 85377 or see online here.
