NOT LISTED FOR SALE

140 Forest Ave Rye, NY 10580

Estimated Value: $6,376,040 - $7,892,000

7 Beds
8.5 Baths
8,065 Sq Ft
$888/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $5,425,000 $673 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $44,318/month

123 Days on Market

Highlights

  • 0.82 Acre Lot
  • Colonial Architecture
  • Private Lot
  • Rye Middle School Rated A+
  • Property is near public transit
  • 3 Fireplaces

About This Home

As of June 2018

Shingle style home by Paul Varsames in the heart of Rye on a rarely found .82 acres with extensive landscaping. The 7 BR & 8.5 BA residence is thoughtfully designed w/open floorplan & lux finishes.Outfitted top to bottom w/high end extras such as a custom temp.controlled 900 bottle walnut wine cellar,custom cabinetry throughout & bathrooms worthy of a designer showcase w/finishes from Walker Zanger,Ann Sacks & Waterworks.The low. lev. w/generous ceilings is an entertainers paradise w/full service bar,wine cellar,rec area,gym & bedroom suite.Extensively landscaped property w/an estate like feel,offers room for a pool in a setting certain to impress w/hard to come by property w/a neighborhood feel.Too many extras to mention,this home deserves to be seen.House is over assessed.When property closes the taxes can be adjusted to 1.5% of the purchase price.

Last Agent to Sell the Property

April Saxe

Compass Greater NY, LLC Brokerage Phone: 914-967-7680 License #40WE0927199 Listed on: 01/11/2018

Compass Greater NY, LLC

Last Buyer's Agent

Pollena Forsman

Houlihan Lawrence Inc. License #30FO0834341

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,592

Year Built

  • Built in 2016

Lot Details

  • 0.82 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 8,065 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Formal Dining Room
  • Storage
  • Home Gym
  • Home Security System
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Assessor Parcel Number 1400-146-012-00001-000-0033

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,592

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Chandelier(s)
  • Year Built: 2016
  • Attribution Contact: 914-967-7680
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Eat-in Kitchen, Exercise Room, Formal Dining, Master Bath, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: Alarm System,Central Vacuum,Dishwasher,Disposal,Dryer,Freezer,Generator,Light Fixtures,Microwave,Refrigerator,Screens,Second Dishwasher,Second Dryer,Second Washer,Wall Oven,Wine Cooler
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 8065
  • AtticDescription: Pull Stairs
  • SquareFootage: 8065.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Stone
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Attached, 3 Car Attached

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.82
  • Lot Size Area: 0.82
  • Lot Dimensions: 0.8200
  • Lot Size Sq Ft: 35719
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Near Public Transit, Private
  • Parcel Number: 1400-146-012-00001-000-0033
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 101592
  • Tax Map Number: 1400-146-012-00001-000-0033
  • IncludedInTaxes: Sewer,Trash

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

Closed on
Sep 13, 2013
Sold by
Jozefek Jane M and Wassall Donad A
Bought by
140 Fa Associates Llc
Current Estimated Value
$6,917,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$1,667,691
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,288,494
Source: Public Records

Range of Values:

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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
140 Fa Associates Llc $2,750,000 Stewart Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 140 Fa Associates Llc $2,200,000
Closed 140 Fa Associates Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $5,425,000 -13.8% $673 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $6,295,000 -- $781 / 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 $77,357 $83,500 $15,000 $68,500
2023 $94,728 $83,500 $15,000 $68,500
2022 $91,756 $83,500 $15,000 $68,500
2021 $91,484 $83,500 $15,000 $68,500
2020 $90,368 $83,500 $15,000 $68,500
2019 $36,723 $83,500 $15,000 $68,500
2018 $78,831 $83,500 $15,000 $68,500
2017 $27,926 $98,500 $15,000 $83,500
2016 $6,137 $77,250 $15,000 $62,250
2015 -- $15,000 $15,000 $0
2014 -- $15,000 $15,000 $0
2013 -- $30,800 $15,000 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4800976

OneKey® MLS

APN: 1400-146-012-00001-000-0033