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181 Wilson Park Drive
Score
0
Tarrytown, NY

181 Wilson Park Drive

2.9M
4 bd • 4 ba • 4,141 sf

This analysis was generated on 2/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$2,850,000

Price/Sq.Ft

$688

Year Built

1970

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Unique Architectural Design: The "Japanese House" features a distinctive pagoda-style roofline, shoji screens, and a design that blends with nature. • Desirable Location: Nestled in Tarrytown's Wilson Park area, the property offers stunning views of the Hudson River and is close to the village amenities. • Large Lot: The property sits on 86 acres, which provides privacy and space. • Professional Recording Studio: The 1000 sq ft recording studio is a valuable asset for musicians or those in the audio industry. It is flexible space also has possibilities as an in-law suite, family/media room or guest/bedroom/office. • Proximity to Amenities: The property is close to restaurants, shops, a music hall, and transportation options, including Metro North RR.

The Bad

• High Price per Square Foot: At $688.24 per square foot, the property is priced higher than some other homes in Tarrytown. A careful market comparison is essential. • Older Construction: Built in 1970, the property may require updates to meet modern standards. Older homes may have higher maintenance costs. • School Ratings: The nearby Sleepy Hollow Middle School has a rating of 4/10, which may be a concern for families with middle school-aged children. The high school is rated 7/10.

The Ugly

• High Estimated Insurance: The estimated annual insurance cost is $10,260, reflecting the property's age and location. This is significantly higher than the national average. • Potential for High Maintenance Costs: Given the age of the property (built in 1970) and its unique architectural features, maintenance costs could be substantial. • Limited Information on John Paulding School: The K-2 school nearby lacks a rating, making it difficult to assess its quality. This may be a concern for families with young children.

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Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking Unique Architectural Design: The home's distinct Japanese-inspired architecture, featuring a pagoda-style roofline and shoji screens, will appeal to those with an appreciation for unique design. • Music Professionals or Enthusiasts: The presence of a professional recording studio offers a dedicated space for musicians or anyone involved in audio production. The 1,000 sq ft studio can also be used as an in-law suite, family/media room or guest/bedroom/office. • Nature Lovers: Set on 86 acres near Wilson Park, this property provides ample access to green space and outdoor activities. • Buyers wanting proximity to NYC with a suburban feel: A short express train ride to Grand Central or drive from the city, this could be a perfect weekend retreat!

Not For

• Buyers Seeking New Construction: Built in 1970, this home may require updates to meet modern standards and preferences. • Buyers on a Tight Budget: With a price of $2,850,000 and high property taxes typical of Westchester County, this property may not be suitable for those with limited financial resources. • Buyers Requiring Minimal Maintenance: Older homes often require more upkeep. The unique architectural features may also necessitate specialized maintenance.
Demographics
Area Median Income

$100,993

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jun 8, 2017
Sofia Sanborn, David SanbornDavid Sanborn
Intrafamily Transfer
Non-Arm's Length Transactions
$1,995,000Cash Purchase
Nov 13, 2014
Sarah A GillespieSofia Sanborn, Davie Sanborn
Bargain And Sale Deed
Non-Residential Arm's Length Transactions
$0Cash Purchase
Feb 14, 2012
Ronald V Gillespie, Sarah A GillespieSarah A Gillespie
Intrafamily Transfer
Non-Arm's Length Transactions
$912,500Cash Purchase
Jan 14, 2002
Gary R Walter, Marilyn A WalterRonald V Gillespie, Sarah A Gillespie
Bargain And Sale Deed
Standard Sale (Purchase/Resales)
$579,000Cash Purchase
May 15, 1997
David F Ryan, Linda Y Thung RyanGary R Walter, Marilyn A Walter
Deed
Standard Sale (Purchase/Resales)

Property Taxes

$0
2023 Tax Assessment
Assessed Value$2,075,900
Tax Rate0.00%

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Climate Risks

windMAJOR

Insurance: Required

heatMODERATE

7 extreme heat days per year

98th percentile: 100°F

airMODERATE

3 bad air quality days per year

fireMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

Risk Analysis

• High Property Taxes: Westchester County is known for high property taxes, which can significantly impact the total cost of ownership. Potential buyers should factor this into their budget. • Moderate Climate Risks: The property has a moderate fire risk (3/10) and a major wind risk (6/10), potentially leading to higher insurance premiums. Buyers should obtain detailed insurance quotes. • Age of the Property: Built in 1970, the home may require updates to electrical, plumbing, and HVAC systems. A thorough inspection is recommended to identify potential issues. • Market Fluctuation: The property was listed in 2025 for $2,850,000, a 42.9% increase from its 2014 sale price of $1,995,000. Market conditions may change, affecting future appreciation.
Insurance
Annual Cost

$10,260

$855 per month

Cost & Affordability

Monthly Costs

Breakdown of estimated monthly expenses for this property

Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements

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$2,850 monthly
$855 monthly

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Schools

John Paulding School

Public•Grades K-2
/5
Elementary
0.3 mi
Get more information on GreatSchools

Sleepy Hollow Middle School

Public•Grades 6-8
4/5
Middle
0.3 mi
Get more information on GreatSchools

Sleepy Hollow High School

Public•Grades 9-12
7/5
High
0.3 mi
Get more information on GreatSchools

Financials

Monthly Costs
Market Rent (4 bed)

$2,890

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,850,000
Price/sqft
$688
Layout
4 bd•4 ba
0

Stats in the Area

Based on 2 comparable properties nearby

Average Price

$1,337,500

113.1%

Your price is 113.1% above average

Median Price

$1,375,000

107.3%

Based on 2 recent sales

Price per Sq.Ft

$366

88.0%

Your price is 88.0% above average $/sqft

Comparable Properties

50 McKeel Avenue, Tarrytown, NY 10591
Price: $1,300,000
Sq.Ft: 3,779
Beds/Baths: 4/4
$/Sq.Ft:
$34450.0%
Sale Date: 10/6/2024
145 River Street, Sleepy Hollow, NY 10591
Price: $1,375,000
Sq.Ft: 3,548
Beds/Baths: 3/4
$/Sq.Ft:
$38843.7%
Sale Date: 9/19/2024

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