NOT LISTED FOR SALE

1 Preston St Rye, NY 10580

Estimated Value: $2,632,269 - $3,458,000

5 Beds
4 Baths
4,086 Sq Ft
$711/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $2,000,000 $489 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $19,182/month

56 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Cathedral Ceiling
  • Rye Middle School Rated A+
  • Property is near public transit
  • 4-minute walk to Disbrow Park

About This Home

As of August 2021

Amazing home in desirable Rye City! This meticulous 5-BR colonial on ~1/3 acre lives large & provides the lifestyle & flexibility you've been searching for! Walk to your favorite spots: parks, beach, Milton School & Playland. The heart of the home centers around the FR with wood burning fireplace and chef's kitchen w/ center island, stainless appliances, breakfast area & doors accessing the stone patio. The wonderful flow provides endless entertaining opportunities from cocktail parties to team dinners! First floor also features a formal LR (currently a music room), spacious DR, & 1st floor BR/office and full bath. Upstairs, the expansive primary BR w/ 2 WI closets, opens into the luxurious en suite bath. 3 generous sized family BR's & 2 full baths, plus finished storage (352sf) complete the 2nd floor. Don't miss the 1900sf finished storage in basement, w/ high ceilings to workout or play. Make this gem your home today! Showings begin 3/19.

Last Agent to Sell the Property

Joni Alexopoulos

Julia B Fee Sothebys Int. Rlty License #10401292647 Listed on: 03/18/2021

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,558

Year Built

  • Built in 2002

Lot Details

  • 0.29 Acre Lot
  • Beach Front
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,086 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Milton Elementary School
  • Rye Middle School
  • Rye High School

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-006-00001-000-0009

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,558

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 2002
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Granite Counters, Master Bath, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Full, Walk-Out Access
  • Inclusions: Alarm System, Central Vacuum, Chandelier(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Shades/Blinds, Wall Oven, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4086.00
  • Square Footage: 4086.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Beach Front
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.2900
  • Lot Size Sq Ft: 12632.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-153-006-00001-000-0009
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-08-06
  • Tax Annual Amount: 41558.00
  • Tax Map Number: 1400-153-006-00001-000-0009

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Aug 6, 2021
Sold by
Yida Hsu Frank
Bought by
Ou Wen-Hui
Seller's Agent
Joni Alexopoulos
Julia B Fee Sothebys Int. Rlty
List Price
$2,175,000
Sold Price
$2,000,000
Premium/Discount to List
-$175,000
-8.05%
Current Estimated Value
$3,105,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,312
Avg. Annual Appreciation
8.78%
Original Mortgage
$1,500,000
Outstanding Balance
$1,363,965
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,539,602

Purchase Details

Closed on
Oct 18, 2002
Sold by
Lannucci Thomas and Iannucci Anna Maria
Bought by
Hsu Frank Yida and Zang Wenqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2000
Sold by
Handwerger Edmund
Bought by
Iannucci Thomas and Iannucci Anna Maria
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
Ou Wen-Hui $2,000,000 Thoroughbred Title
Hsu Frank Yida $1,570,000 --
Iannucci Thomas $500,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Wen-Hui $1,500,000
Previous Owner Hsu Frank Yida $785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $2,000,000 0.0% $489 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $2,000,000 -8.0% $489 / Sq Ft
03/18/2021 03/18/21 For Sale $2,175,000 -- $532 / 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 -- $29,400 $6,100 $23,300
2023 $33,353 $29,400 $6,100 $23,300
2022 $42,197 $29,400 $6,100 $23,300
2021 $42,072 $38,400 $6,100 $32,300
2020 $41,558 $38,400 $6,100 $32,300
2019 $16,888 $38,400 $6,100 $32,300
2018 $30,732 $38,400 $6,100 $32,300
2017 $9,838 $38,400 $6,100 $32,300
2016 $18,043 $38,400 $6,100 $32,300
2015 -- $44,100 $6,100 $38,000
2014 -- $44,100 $6,100 $38,000
2013 -- $44,100 $6,100 $38,000
Source: Public Records

Agents Affiliated with this Home

  • Joni Alexopoulos

    Seller's Agent in 2021

    Joni Alexopoulos

    Julia B Fee Sothebys Int. Rlty

    (914) 967-4600

    6 in this area

    15 Total Sales

    Joni Alexopoulos
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6097780

OneKey® MLS

APN: 1400-153-006-00001-000-0009

New York Westchester County Rye 10580

1 Preston St, Rye, NY

Not Listed for Sale

Detached

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