NOT LISTED FOR SALE

17 Summit Ave Rye, NY 10580

Estimated Value: $2,610,136 - $4,050,000

7 Beds
5.5 Baths
5,988 Sq Ft
$580/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $3,285,000 $549 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $21,118/month

7 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.5 Acre Lot
  • Cathedral Ceiling
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Wood Flooring

About This Home

As of January 2024

Be AMAZED as you walk through the front door! This newly renovated marvel boasts an entertainer's paradise- cozy fireplace in spacious family room w/ wet bar featuring glass enclosed wine cellar. Step into the luxurious backyard featuring newly built stone patio w/ LYNX outdoor kitchen, outdoor living room w/ TV and dining area. Patio features skylights allowing for natural light, built-in heaters in the ceiling. Perfect flow for entertaining indoors and out! Generous open everyday living space boasts vaulted shiplap ceilings w/ natural wood beams, custom built-ins, high end kitchen open to dining area, living area, and family room. New 1,500 sq ft addition just completed in 2023 makes this home spacious and move-in ready! Situated on a private half acre, 5,988 sq ft, 7 BR's, 5.1 baths, w/ ample flex space makes this home a value buy! Located near golf course and town - Autumn walks and sleigh riding are just steps away. This is a LIFESTYLE property!

Last Agent to Sell the Property

Laura DeVita

Julia B Fee Sothebys Int. Rlty Brokerage Phone: (914) 967-4600 License #10401223030 Listed on: 10/24/2023

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Nancy Everett

Houlihan Lawrence Inc. License #30EV0831183

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,495

Year Built

  • Built in 1996 | Remodeled in 2023

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 5,988 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Casement Windows
  • Entrance Foyer
  • Home Gym
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room
  • Double Vanity

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • Colonial

Listing and Financial Details

  • Assessor Parcel Number 1400-146-006-00002-000-0009

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,495

Year Built

Built in 1996 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1996
  • Year Built Effective: 2023
  • Attribution Contact: (914) 967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Cathedral Ceiling(s), Chefs Kitchen, Double Vanity, Eat-in Kitchen, Exercise Room, Entrance Foyer, Master Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System,Cook Top,Dishwasher,Dryer,Garage Door Opener,Garage Remote,Gas Grill,Generator,Refrigerator,Wall Oven,Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 5988
  • Window Features: Casement, Skylight(s)
  • AtticDescription: Partial,Pull Stairs
  • SquareFootage: 5988.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Stone
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Hot Water
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 1400-146-006-00002-000-0009
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 28495
  • Tax Map Number: 1400-146-006-00002-000-0009
  • IncludedInTaxes: Sewer,Trash

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
Oct 24, 2023
Closed on
Jan 3, 2024
Sold by
Rac Closing Services Llc
Bought by
Mcnamara Brian S and Mcnamara Emily O
Seller's Agent
Laura DeVita
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Nancy Everett
Houlihan Lawrence Inc.
List Price
$2,995,000
Sold Price
$3,285,000
Premium/Discount to List
$290,000
9.68%
Views
30
Current Estimated Value
$3,471,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,284
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,200,000
Outstanding Balance
$1,028,732
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$2,442,552

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jul 2, 2018
Sold by
Shipman Jerrold W
Bought by
Palladino Frank W and Palladino Keri A
Seller's Agent
Julia Bieber
Compass Greater NY, LLC
Buyer's Agent
Dennis Tormey
Houlihan Lawrence Inc.
List Price
$1,750,000
Sold Price
$1,715,000
Premium/Discount to List
-$35,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$1,200,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 5, 2013
Sold by
Ship Rye Llc
Bought by
Shipman Jerrold W

Purchase Details

Closed on
Jul 13, 2003
Sold by
Cozza Penninah E
Bought by
Cozza Michael and Cozza Penninah E
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
Mcnamara Brian S $3,285,000 Future Title
Rac Closing Services Llc $3,285,000 Future Title
Palladino Frank W $1,715,000 Advantage Title Agency
Shipman Jerrold W -- None Available
Cozza Michael -- All New York Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Brian S $1,200,000
Previous Owner Palladino Frank W $1,200,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2024 01/03/24 Sold $3,285,000 0.0% $549 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/30/2023 10/30/23 Off Market $3,285,000 -- --
10/26/2023 10/26/23 For Sale $2,995,000 +74.6% $500 / Sq Ft
07/02/2018 07/02/18 Sold $1,715,000 -2.0% $388 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,750,000 -- $396 / 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 $35,166 $34,425 $6,650 $27,775
2023 $27,356 $25,600 $6,650 $18,950
2022 $25,934 $25,600 $6,650 $18,950
2021 $25,856 $23,600 $6,650 $16,950
2020 $25,541 $23,600 $6,650 $16,950
2019 $10,379 $23,600 $6,650 $16,950
2018 $18,888 $23,600 $6,650 $16,950
2017 $531 $23,600 $6,650 $16,950
2016 $9,656 $23,600 $6,650 $16,950
2015 -- $23,600 $6,650 $16,950
2014 -- $23,600 $6,650 $16,950
2013 -- $23,600 $6,650 $16,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6274833

OneKey® MLS

APN: 1400-146-006-00002-000-0009