NOT LISTED FOR SALE

179 Forest Ave Rye, NY 10580

Estimated Value: $4,588,000 - $5,733,000

6 Beds
5 Baths
4,496 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $3,362,500 $748 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $32,311/month

25 Days on Market

Highlights

  • In Ground Pool
  • 1.28 Acre Lot
  • Property is near public transit
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2020

Timeless grace awaits you in one of Rye's most captivating turn of the century homes, prominently sited on an breathtaking and private 1.3 acres with exquisite pool and manicured gardens. Designed by Charles Platt, renowned architect of the American Renaissance style, it features high ceilings, luxuriously paneled walls, architectural detailing throughout its magnificent 4496 sq feet, 6 fireplaces....a beautifully renovated white marble custom kitchen, family room plus sitting/TV room, separate 3 car garage with captivating finished storage/loft...this elegant home has it all! There is a gas line that goes from the street to the house. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Detached,

Last Agent to Sell the Property

Michele Flood

Coldwell Banker Realty License #30FL0833740 Listed on: 10/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Michele Flood

Coldwell Banker Realty License #30FL0833740 Listed on: 10/27/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,950

Year Built

  • Built in 1905

Lot Details

  • 1.28 Acre Lot
  • Front and Back Yard Sprinklers

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 4,496 Sq Ft Home
  • 2-Story Property
  • 6 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Marble Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-012-00002-000-0039-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,950

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1905
  • Building Stories: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Formal Dining, Marble Counters, Primary Bathroom, Pantry, Walk-In Closet(s)
  • Fireplaces: 6
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 4496
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Frame
  • Pool Features: In Ground
  • Patio and Porch Features: Patio, Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Detached, Driveway, Storage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.2823
  • Lot Size Area: 1.2823
  • Lot Size Sq Ft: 55857
  • Lot Features: Near Public Transit, Near School, Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 1400-146-012-00002-000-0039-1
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 55950
  • Tax Year: 2018

MLS Schools

  • Elementary School: Midland
  • High School: Rye High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2019
Closed on
Feb 13, 2020
Sold by
Duncan Peter S and Duncan Christine M
Bought by
Vetto Matthew Lee and Vetto Mandana Malek
Seller's Agent
Michele Flood
Coldwell Banker Realty
Buyer's Agent
Michele Flood
Coldwell Banker Realty
List Price
$3,487,500
Sold Price
$3,362,500
Premium/Discount to List
-$125,000
-3.58%
Current Estimated Value
$5,016,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,653,861
Avg. Annual Appreciation
6.91%
Original Mortgage
$2,312,500
Outstanding Balance
$2,026,945
Interest Rate
2.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,828,251

Purchase Details

Closed on
Jul 21, 2004
Sold by
Walker Susan B
Bought by
Duncan Peter S and Duncan Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1997
Sold by
Walker Peter B and Walker Susan B
Bought by
Walker Susan B
Source: Public Records

Range of Values:

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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
Vetto Matthew Lee $3,362,500 Future Title Agency Inc
Duncan Peter S $3,400,000 --
Walker Susan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetto Matthew Lee $2,312,500
Closed Vetto Matthew Lee $1,636,042
Previous Owner Forest Avenue Development Llc $600,000
Previous Owner Duncan Peter S $600,000
Previous Owner Forest Avenue Development Llc $2,330,000
Previous Owner Forest Avenue Development Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $3,362,500 -- --
02/13/2020 02/13/20 Sold $3,362,500 -3.6% $748 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $3,487,500 -- $776 / 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 $58,134 $62,750 $11,850 $50,900
2023 $71,188 $62,750 $11,850 $50,900
2022 $68,955 $62,750 $11,850 $50,900
2021 $56,753 $62,750 $11,850 $50,900
2020 $56,060 $51,800 $11,850 $39,950
2019 $22,782 $51,800 $11,850 $39,950
2018 $41,457 $51,800 $11,850 $39,950
2017 $31,148 $51,800 $11,850 $39,950
2016 $21,194 $51,800 $11,850 $39,950
2015 -- $51,800 $11,850 $39,950
2014 -- $51,800 $11,850 $39,950
2013 -- $51,800 $11,850 $39,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5113219

OneKey® MLS

APN: 1400-146-012-00002-000-0039-1