NOT LISTED FOR SALE

16 Pine Island Rd Rye, NY 10580

Estimated Value: $4,603,420 - $9,156,000

4 Beds
5.5 Baths
4,368 Sq Ft
$1,614/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $6,595,000 $1,510 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $46,676/month

Highlights

  • Docks
  • Waterfront
  • Contemporary Architecture
  • Rye Middle School Rated A+
  • 1.03 Acre Lot
  • Wood Flooring

About This Home

As of August 2020

Prepare to be amazed by the miles of sparkling water, ever changing skyscapes, beautiful sunrises & colorful sunsets from this one of a kind stunning contemporary home. Situated on historic Pine Island, this home offers over 300' of breathtaking direct waterfront property toward the East, as well as a private dock in the secluded cove toward the West. Indulge in aquatic activities, boating adventures, or simply enjoy the views from the wrap around balcony and multi-tiered patios. This tranquil home features chic and contemporary design elements such as floor to ceiling windows, walnut floors, Poggenpohl cabinetry & Caesarstone quartz that harmonize with the natural surroundings. Masterminded by "top 50" architect Joeb Moore, the 2012 major renovation & addition was implemented to take full advantage of the unparalleled views. The incredible private master suite encompasses the entire second level. Feel miles away while taking full advantage of all that Rye City has to offer.

Last Agent to Sell the Property

Kimberly Arenas

Compass Greater NY, LLC License #40AR1147578 Listed on: 06/18/2020

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,946

Year Built

  • Built in 1966 | Remodeled in 2012

Lot Details

  • 1.03 Acre Lot
  • Waterfront
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Advanced Framing
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,368 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Partial Attic
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • 4 Heating Zones
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1400-153-015-00001-000-0024

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,946

Year Built

Built in 1966 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1966
  • Year Built Effective: 2012
  • Attribution Contact: 914-223-7623
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Partial
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Partially Finished, Walk-Out Access
  • Inclusions: Alarm System, Awning, Dishwasher, Dryer, Freezer, Garage Door Opener, Garage Remote, Generator, Microwave, Refrigerator, Second Dishwasher, Shades/Blinds, Wall Oven, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 4368.00
  • Square Footage: 4368.00

Exterior Features

  • Construction Materials: Advanced Framing Technique, Frame, Stucco
  • Waterfront Features: Water Access, Waterfront
  • View: Other, Water
  • Exterior Features: Balcony, Sprinkler Lawn System, Dock
  • Patio and Porch Features: Patio
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hydro Air, Radiant
  • Hot Water: On Demand
  • Heating Zones: 4
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Additional Fee Description: private road/maintenance/snow plow
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.0300
  • Lot Size Sq Ft: 44880.00
  • Lot Size Units: Acres
  • Parcel Number: 1400-153-015-00001-000-0024
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-08-20
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 90946.00
  • Tax Map Number: 1400-153-015-00001-000-0024

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
Jun 18, 2020
Closed on
Aug 20, 2020
Sold by
Callaghan Margaret S O
Bought by
Masucci Peter and Masucci Sally
Seller's Agent
Kimberly Arenas
Compass Greater NY, LLC
List Price
$6,595,000
Sold Price
$6,595,000
Current Estimated Value
$7,307,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,168
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Hibberd Frederick H and Hibberd David W
Bought by
Ocallaghan Margaret S
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
Masucci Peter $6,595,000 Furture Title Agency Inc
Ocallaghan Margaret S $4,000,000 Future Title Company Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $6,595,000 0.0% $1,510 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $6,595,000 -- $1,510 / 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 $102,052 $84,200 $42,000 $42,200
2023 $95,522 $84,200 $42,000 $42,200
2022 $92,525 $84,200 $42,000 $42,200
2021 $92,251 $84,200 $42,000 $42,200
2020 $91,125 $84,200 $42,000 $42,200
2019 $37,031 $84,200 $42,000 $42,200
2018 $67,387 $84,200 $42,000 $42,200
2017 $21,573 $84,200 $42,000 $42,200
2016 $34,450 $84,200 $42,000 $42,200
2015 -- $84,200 $42,000 $42,200
2014 -- $84,200 $42,000 $42,200
2013 -- $84,200 $42,000 $42,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6044285

OneKey® MLS

APN: 1400-153-015-00001-000-0024