NOT LISTED FOR SALE

1 Forest Ave Rye, NY 10580

Estimated Value: $6,919,000 - $9,900,000

6 Beds
9.5 Baths
8,510 Sq Ft
$950/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $8,500,000 $999 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $52,920/month

5 Days on Market

Highlights

  • In Ground Pool
  • Eat-In Gourmet Kitchen
  • 2.15 Acre Lot
  • Rye Middle School Rated A+
  • Heated Floors
  • Colonial Architecture

About This Home

As of August 2022

Once-in-a-lifetime opportunity to own one of Rye's most iconic homes. This incredible 6BR, 9.1 BA Greek Revival home features a saline pool, luxurious pool house, 3 car carriage house which includes a loft fitness studio on 2+ lushly landscaped acres rarely offered in Rye. All have been masterfully rejuvenated for today's lifestyle! Fully renovated with devoted architectural precision to preserve the integrity of the home's storied past, yet seamlessly updated with state-of-the-art technology for a true melding of form and function. Every inch exquisitely rendered using highest-quality finishes, fixtures and materials, with a contemporary eye and creative flair to keep the vibe effortlessly in sync. Fall in love with the inspired house and grounds, from the unmatched details like exceptionally high ceilings, Venetian plaster walls, custom white marble kitchen, hand hewn bannisters, copper skylights, three columned covered porches plus three second floor porches, two home offices, brick arches and radiant heat throughout the finished lower level. Multiple gardens brimming with curated plantings, an original garden shed, specimen trees, a large bluestone terrace for entertaining, all tucked inside a stone wall with automated gates for privacy. Refer to the special features for details too numerous to elaborate. Once owned by the prominent Drake-Smith family, this extraordinary home is where the past and present meet, where history echoes and new memories await.

Last Agent to Sell the Property

Christina Murphy

Julia B Fee Sothebys Int. Rlty License #30MU0809834 Listed on: 05/05/2022

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,975

Year Built

  • Built in 1880 | Remodeled in 2008

Lot Details

  • 2.15 Acre Lot
  • Stone Wall
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Clapboard

Interior Spaces

  • 8,510 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Finished Attic
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Deck
  • Terrace
  • Porch

Location

  • Property is near public transit

Schools

  • Midland Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Exclusions: Selected Light Fixtures
  • Assessor Parcel Number 1400-146-008-00002-000-0017

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,975

Year Built

Built in 1880 | Remodeled in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Selected Light Fixtures
  • Year Built: 1880
  • Year Built Effective: 2008
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Oven, Washer
  • Interior Amenities: Chefs Kitchen, Eat-in Kitchen, Exercise Room, Formal Dining Room, Heated Floors, Home Office, Kitchen Island, Marble Bath, Marble Countertops, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Finished
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 10
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System, Cook Top, Curtains/Drapes, Dishwasher, Disposal, Door Hardware, Dryer, Flat Screen TV Bracket, Front Gate, Garage Door Opener, Gas Grill, Generator, Pool Equipt/Cover, Refrigerator, Second Dishwasher, Second Freezer, Shades/Blinds, Shed, Speakers Indoor, Speakers Outdoor, Wall Oven, Washer
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 8510.00
  • Window Features: Oversized Windows, Skylight(s)
  • Square Footage: 8510.00

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Fencing: Back Yard
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Deck, Porch, Terrace

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 2.1500
  • Lot Size Sq Ft: 93676.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 1400-146-008-00002-000-0017
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-08-22
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 122975.00
  • Tax Map Number: 1400-146-008-00002-000-0017

MLS Schools

  • Elementary School: Midland School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 22, 2022
Sold by
Jonathan Resnick
Bought by
Bonfield Management Llc
Seller's Agent
Christina Murphy
Julia B Fee Sothebys Int. Rlty
List Price
$8,100,000
Sold Price
$8,500,000
Premium/Discount to List
$400,000
4.94%
Views
10
Current Estimated Value
$8,010,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$489,702
Avg. Annual Appreciation
-1.49%
Original Mortgage
$6,473,200
Outstanding Balance
$5,489,979
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$2,592,271

Purchase Details

Closed on
Jun 6, 2007
Sold by
Adler Daniel
Bought by
Resnick Jonathan and Resnick Joelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Barker Harold G and Barker Kathleen Butler
Bought by
Adler Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1999
Sold by
Barker Harold G and Barker Kathleen Butler
Bought by
Barker Harold G and Barker Kathleen Butler
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bonfield Management Llc $8,500,000 None Listed On Document
Resnick Jonathan $5,575,000 First American Title Ins Co
Adler Daniel $4,000,000 First American Title Ins Co
Barker Harold G -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonfield Management Llc $6,473,200
Previous Owner Resnick Jonathan $1,000,000
Previous Owner Adler Daniel $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $8,500,000 +4.9% $999 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $8,100,000 -- $952 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $132,898 $109,650 $15,550 $94,100
2023 $127,154 $109,650 $15,550 $94,100
2022 $124,942 $113,700 $15,550 $98,150
2021 $124,571 $113,700 $15,550 $98,150
2020 $123,052 $113,700 $15,550 $98,150
2019 $50,005 $113,700 $15,550 $98,150
2018 $90,996 $113,700 $15,550 $98,150
2017 $68,370 $113,700 $15,550 $98,150
2016 $46,519 $113,700 $15,550 $98,150
2015 -- $113,700 $15,550 $98,150
2014 -- $113,700 $15,550 $98,150
2013 -- $113,700 $15,550 $98,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6179229

OneKey® MLS

APN: 1400-146-008-00002-000-0017