NOT LISTED FOR SALE

1 Read Ct Rye, NY 10580

Estimated Value: $4,969,555 - $6,022,000

7 Beds
6.5 Baths
7,234 Sq Ft
$783/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $3,710,000 $513 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $35,350/month

370 Days on Market

Highlights

  • 0.68 Acre Lot
  • Colonial Architecture
  • Cathedral Ceiling
  • Daniel Warren Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of May 2017

Built to seduce! This new custom built home showcases style, elegance and modern luxury. The attention to detail will satisfy the most discerning eye. Exquisitely crafted to the highest standards by accomplished Westchester/Greenwich builder Kenneth Lawrence, now making his mark in Rye. With a distinct understanding of today's buyer, this home was built mindful of functionality, ideal for gracious formal entertaining as well as casual everyday living. Beautiful level grounds allow space for a pool. This is the first of the 3 homes to be completed, with 2 more currently under construction, on Read Court, a private cul-de-sac. Conveniently located close to the quaint downtown area of Rye, with its high-end boutique shopping and fine dining opportunities, the property is within walking distance to Rye Schools and a short distance from the Rye Metro North Railroad Station.

Last Agent to Sell the Property

Francine Klingenstein

Julia B Fee Sothebys Int. Rlty Brokerage Phone: 914-967-4600 License #30KL0614125 Listed on: 03/10/2016

Julia B Fee Sothebys Int. Rlty

Co-Listed By

Lisa Sangster

Julia B Fee Sothebys Int. Rlty Brokerage Phone: 914-967-4600 License #40PI1174882

Last Buyer's Agent

Billie Prizio

Houlihan Lawrence Inc. License #30PR0212772

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding
  • Clapboard

Interior Spaces

  • 7,234 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Osborn Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Humidifier
  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Association fees include ground maintenance, snow removal

Listing and Financial Details

  • Assessor Parcel Number 1400-146-014-00002-000-0007-1

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2016
  • Attribution Contact: 914-967-4600
  • Co List Office Mls Id: ONEJBFSOT01
  • Co List Office Phone: 914-834-0270
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood, Wall To Wall Carpet
  • Door Features: ENERGY STAR Qualified Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Attic Fan,B/I Shelves,Central Vacuum,Chandelier(s),Dishwasher,Disposal,Door Hardware,Dryer,Energy Star Appliance(s),Garage Door Opener,Garage Remote,Generator,Humidifier,Light Fixtures,Mailbox,Microwave,Refrigerator,Second Dishwasher,Second Dryer,Second Washer,Speakers Indoor,Storm Windows,Wall Oven,Wall to Wall Carpet,Whirlpool Tub,Wine Cooler
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 7234
  • Window Features: ENERGY STAR Qualified Windows
  • AtticDescription: Pull Stairs
  • SquareFootage: 7234.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Clapboard, Wood Siding
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal
  • Senior Community: No
  • DevelopmentName: Read Court

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.68
  • Lot Dimensions: 0.6800
  • Lot Size Sq Ft: 29621
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Cul-De-Sec
  • Parcel Number: 1400-146-014-00002-000-0007-1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Map Number: 1400-146-014-00002-000-0007-1
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 30, 2017
Sold by
Woodhail Rye Development Llc
Bought by
Toussi Sina and Shah Hosseini Elizabeth Layla
Seller's Agent
Francine Klingenstein
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Billie Prizio
Houlihan Lawrence Inc.
List Price
$4,295,000
Sold Price
$3,710,000
Premium/Discount to List
-$585,000
-13.62%
Current Estimated Value
$5,664,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,954,889
Avg. Annual Appreciation
5.05%
Original Mortgage
$2,782,500
Outstanding Balance
$2,314,460
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$3,350,429
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toussi Sina $3,724,840 Benchmark Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toussi Sina $2,782,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $3,710,000 -13.6% $513 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $4,295,000 -- $594 / 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 $69,085 $57,000 $14,000 $43,000
2023 $64,665 $57,000 $14,000 $43,000
2022 $62,636 $57,000 $14,000 $43,000
2021 $62,450 $57,000 $14,000 $43,000
2020 $61,688 $57,000 $14,000 $43,000
2019 $25,068 $57,000 $14,000 $43,000
2018 $50,820 $57,000 $14,000 $43,000
2017 $16,269 $63,500 $14,000 $49,500
2016 $13,911 $63,500 $14,000 $49,500
2015 -- $34,000 $14,000 $20,000
2014 -- $14,000 $14,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4609727

OneKey® MLS

APN: 1400-146-014-00002-000-0007-1