Sales, Demolitions and Vacation Properties
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Sales picked up this week – well before the spring season. Perhaps buyers are taking advantage of favorable interest rates and are eager to close before rates rise. In other real estate news The Committee for Historic Preservation approved applications to take down two homes: see details below: about two homes that will be demolished:
This week, the sale of 34 Sheldrake Road was completed, and the new owners got permission to raze the house. It is a ranch on 1.17 acres in Heathcote with a heated pool and private yard. The five bedroom home had four full and two half baths and is slated for the wrecking ball.
List Price: $2,495,000
Sale Price: $2,425,000
Real Estate Taxes: $51,050
25 Greenacres Avenue: Turn of the century beauty sits prominently on three quarters of an acre offering over 6000 square feet of graceful living with selective upgrades including kitchen (15x13) with center island, and Viking, Subzero and Bosch appliance. White marble master bath with Jacuzzi. Inlaid hard wood floors, four fireplaces, sculpted moldings, glass pocket doors, sunlit gracious main stair, interior arched antique glass windows. (Pictured at top)
List Price: $1,899,000
Sale Price: $1,700,000
Real Estate Taxes: $42,117
List Price: $1,775,000
Sale Price: $1,668,000
Real Estate Taxes: $35,192
List Price: $1,575,000
Sale Price: $1,500,000
Real Estate Taxes: $30,277
32 Midvale Road: New custom built home in Edgemont. Stone and cedar 4,500 square feet new energy efficient center hall Colonial. Grand entry foyer, large living room, formal dining room with coffered ceilings, paneled walls, high ceilings and two fireplaces. Entire house wired for sound. All baths have radiant heat. There are stone garden walls and a 300 square foot blue stone patio.
List Price $1,495,000
Sale Price: $1,500,000
Real Estate Taxes: TBD
15 Woods Lane: Classic stone front center hall colonial with Vermont slate roof on .39 acre park-like property. Grand living room with fireplace, home office, dining room, kitchen/family room with fire place, powder room on first floor. Four large bedrooms with 3 full baths (all new). Numerous updates: kitchen/family room, sprinkler system, alarm, plumbing, electric, cac, baths, roof, copper gutters and leaders, walkways, patio, driveway.
List Price: $1,675,000
Sale Price: $1,876,029
Real Estate Taxes: $37,783
24 Myrtledale: Comfortable ranch on quiet cul-de-sac. Fenced private yard. Room for expansion.
List Price: $995,000
Sale Price: $925,000
Real Estate Taxes: $29,306
3 Edgemont Circle: Teardown opportunity. Start fresh with a brand new home on a substantial lot in the heart of Edgemont. Suitable for developers considering their next project or individuals with an architect and the vision to turn this building site into a brand new home.
List Price: $365,000
Sale Price: $375,000
Real Estate Taxes $26,658
Also slated for demolition: 24 Richbell Road – white stucco home built in 1926
Vacation Properties:
List Price: $950,000
Contact: [email protected] or [email protected]
For Rent: Westhampton Oceanfront Condo: Two bedroom, two bath, oceanfront condo with air conditioning and swimming pool. Available Memorial Day to Labor Day. Price $25,000. Call Barbara Tierney 914-771-8633 or email: [email protected]
If you have a vacation property to sell or to rent, send the listing and photos to [email protected] .
For Your Consideration
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As home sales are slow this time of year, here are some recent real estate stats to consider: In January, 2011, only five homes sold in the Scarsdale school district, with a median sale price of $812,000. A 2,352 square foot home on Valley Road, built in 1964 was the highest priced sale for January and sold for $1,090,000 after 115 days on the market. A modest Edgewood home at 956 Post Road sold for $588,900 after 105 days on the market. In comparison, in January 2010, thirteen homes sold in Scarsdale. Did inclement weather discourage home buyers this year?
What’s on the market? There are currently 90 homes available in Scarsdale, with an average asking price of $2,038,354.
The breakdown by area is as follows:
- 9 houses are located in the Edgewood section of Scarsdale with prices ranging from $545,000-$1,500,000
- 23 houses are located in Fox Meadow, ranging in price from $699,000-$4,495,000
- 12 houses are in the Greenacres section of Scarsdale priced from $885,000-$3,295,000
- 20 houses are located in Heathcote, where prices range from $739,000-$11,500,000
- 26 homes are in Quaker Ridge, with three of those in the Mamaroneck Strip. Prices there range from $779,000-$3,795,000
This data is provided by Sarit Orlofsky, licensed real estate broker at Engel and Voelkers in Scarsdale. She has lived in Scarsdale for 10 years with her husband and two children and knows the neighborhood inside out. She is a member of the PTA and a co-chair of the multicultural committee and has extensive knowledge of the educational system in Scarsdale. You can email her at: [email protected] or call her at 914-723-5555 x20.
Hit by the Wrecking Ball
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On Tuesday night January 18th, the Committee on Historic Preservation gave the go ahead for the demolition of five homes in Scarsdale. Here they are …check them out before they are history. A large home atop a hill on Normandy Lane built in 1928 will be demolished. According to Village historian Eric Rothschild, the home at 10 Normandy Lane was once the residence of Alfred and Louella Slaner who both played significant roles in the community. Al Slaner served on the Board of Education and helped to join the Quaker Ridge School with the Scarsdale School District, combining districts one and two.
A brown shingle house at 24 Myrtledale built in 1964 will be demolished.
A 1956 ranch house at 33 Meadow Road will be taken down and replaced with a colonial style home. The
A ranch style house originally built in 1949 at 19 Continental Road is also coming down.
Sales for the New Year
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According to a recent report from Julia B. Fee Sotheby’s, the number of homes sold in Scarsdale increased dramatically in 2010, when 202 sales closed, versus 160 in 2009 and 142 in 2008. However, as volume increased, prices stablized, with the median price for single family homes in Scarsdale at $1,200,000 in 2010, up slightly from $1,180,000 in 2009, though still lower than the 2008 median price of $1,275,000.
Here are two homes that sold in January:
22 Valley Road: Ideally situated in Greenacres with use of 1/4 acre dedicated open space maintained by Village to right of property creating the feeling of great expanse and an ideal area to play. Light and bright interior with wonderful flow for access to outdoors and entertaining. Many updates. New: kitchen with Carrera marble, stainless steel appliances, crown moldings, two updated baths, and two zone central air conditioning.
- List Price: $1,099,000
- Sale Price: $1,090,000
- Real Estate Taxes: $21,598
5 Ferncliff: Location, Location, Location. Walk to everything from this adorable, warm and inviting colonial with a wonderful front porch. Spacious rooms and sun-dreched living areas make this a must see! Low taxes.
- List Price: $799,000
- Sale Price: $755,000
- Real Estate Taxes:$15,444Houlihan Lawrence, 32 Popham Road, Scarsdale 914-723-8877Houlihan Lawrence, 32 Popham Road, Scarsdale 914-723-8877
Featured Listing from Houlihan Lawrence 
100 Garden Road: Stone and clapboard Colonial in the Grange in Greenacres. Set on .41 acres, this spacious home has 4,090 square feet of living space on the first and second floors. Built in 2005 with fine details and old world charm, this home has an incredible kitchen and large level yard. Five bedroom/ three baths with a large family room, and a study/bedroom and bath on the first floor. List Price: $2,650,000
Houlihan Lawrence, 32 Popham Road, Scarsdale 914-723-8877 www.houlihanlawrence.com
January Real Estate
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In the first weeks of the New Year a few homes sold while many beautiful houses remain on the market. Here’s a look at recent sales and a selection of homes that are available: 6 Stratton Road: Gracious brick colonial in prime location. Beautiful wood floors, newly painted. High ceilings. Walk to shops, house of worship, schools. Quiet street.
List Price $849,000
Sale Price: $832,500
Estimated Taxes: $20,471
88 Greenacres Avenue: Situated in the Greenacres section of Scarsdale, this mid century contemporary has lots of light and a first floor master bedroom with full bath. Skylights and large windows bring the outside in. A second bedroom on this level was expanded to accommodate the artist in residence. Like living in Vermont with gorgeous treetop views and wrap around deck. The interior has been freshly painted and hardwood floors refinished.
List Price: List Price: $839,000
Sale Price: $812,500
Estimated Taxes: $20,141
956 Post Road: Sunny classic Dutch Colonial with 5 bedrooms and 2 full baths. Nicely maintained home with generously proportioned rooms. Amenities include refinished hardwood floors, classic picture moldings and dramatic flagstone. Formal dining room, updated eat-in-kitchen, gracious living room with fireplace, sunny library/family room with built-ins and triple exposures. Private rear yard.
List Price: $623,315
Sale Price: $588,900
Estimated Taxes: $14,189
On the Market
44 Park Road: Unique contemporary on two private acres with terraces and heated pool. Wonderful kitchen has convection oven, center island, and polished limestone counters. Office with its own hidden terrace. Walls of glass for wonderful natural light. 5 bedrooms, 6.1 baths, family room, library. pocket doors, slate floors, window seats. Two two-car garages. An exceptional home for relaxing, entertaining and showcasing your art.
List Price: $3,395,000
Real Estate Taxes: $55,644
13 Cooper Road: Unique charming Colonial situated on beautiful 1.53 acres located in the Murray Hill Estate area with four fireplaces and large bright rooms. Step in to an inviting gracious entrance foyer with grand staircase to living quarters. Spacious rooms throughout with exquisite moldings and high ceilings. One and a half story 2+ car garage with potential for guest quarters or cabana. Basement under garage was once a horse stable. New dishwasher, washer/dryer, microwave and disposal.
List Price: $2,495,000
Real Estate Taxes: $38,800
72 Haverford: Spectacular renovated 1925 colonial on private level property with pool and gorgeous planted gardens in front and rear. built-in BBQ and outdoor fridge. Fabulous music room leading to living room with fireplace, family/media room with projector and screen with3 TV's and custom built-ins by Christians of London, Powder Room, study, formal dining room, updated kitchen with large breakfast area and French doors leading to back yard, laundry room. State of the art music system inside and out by pool. Spectacular wine cellar and gym.
List Price: $2,449,000
Real Estate Taxes: $43,767
