NOT LISTED FOR SALE

2 Magnolia Place Rye, NY 10580

Rye Area

Estimated Value: $5,946,398

5 Beds
7 Baths
7,171 Sq Ft
$829/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2020

Last sale price $3,550,000 $495 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $38,811 / mo

Highlights

  • 1.01 Acre Lot
  • Cathedral Ceiling
  • Partial Attic
  • Colonial Architecture
  • Wood Flooring
  • 4 Fireplaces

About This Home

As of June 2020

Great escape from the city! Owner access showings. Just steps away from the L. I. Sound located on Milton Point in Rye, N.Y. - this classic center hall colonial completed in 2006; sits proudly on a FLAT ONE ACRE lot. This 5 BR home boasts massive living spaces, open floor plan, master ste that is gracious and private, a 3rd level rec space w/ full gym. Large spacious gourmet kitchen w/ massive center island includes high end appliances, 2 sinks, 2 dishwashers, add'l bev fridge, pantry, eat-in-area, and butler's pantry complete w/ wine fridge and glass cabinetry to display stemware and china. First floor is endless!!!.... a massive family room w/ fireplace, custom built-ins and coffered ceiling, study, den w/ fireplace, office, mudroom w/ radiant heat floors and 2nd powder room. The generous bluestone patio located off kitchen/FR makes entertaining family & friends seamless! Total sq ft: 1st- 3,196, 2nd- 2,851= 6,047 + 3rd -1,124= 7,171 sq ft. Third floor has CO. Taxes being significantly

Last Agent to Sell the Property

Laura DeVita

Julia B Fee Sothebys Int. Rlty License #10401223030 Listed on: 05/04/2020

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Julia Bieber

Compass Greater NY, LLC License #10401235205

Compass Greater NY, LLC
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,724

Year Built

  • Built in 2006

Lot Details

  • 1.01 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 7,171 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 4 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Gym
  • Wood Flooring
  • Crawl Space
  • Partial Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Colonial

Listing and Financial Details

  • Assessor Parcel Number 1400-153-014-00001-000-0025

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,724

Year Built

Built in 2006

Lot Details

1.01 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2006
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Exercise Room, Formal Dining Room, Entrance Foyer, Master Bath, Pantry, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Partial
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Basement: Crawl Space
  • Inclusions: Convection Oven, Cook Top, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 7171.00
  • Square Footage: 7171.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 5
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.0100
  • Lot Dimensions: 1.0110
  • Lot Size Sq Ft: 44039.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Cul-De-Sec
  • Parcel Number: 1400-153-014-00001-000-0025
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-06-26
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 74724.00
  • Tax Map Number: 1400-153-014-00001-000-0025

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 26, 2020
Sold by
Bought by
Seller's Agent
Laura DeVita
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Julia Bieber
Compass Greater NY, LLC
List Price
$3,645,000
Sold Price
$3,550,000
Premium/Discount to List
-$95,000
-2.61%
Current Estimated Value
$5,946,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,396,398
Avg. Annual Appreciation
8.82%
Original Mortgage
$1,952,500
Outstanding Balance
$1,644,325
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$4,302,073

Purchase Details

Closed on
Feb 26, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,000 Catic Title Insurance Co
$2,750,000 Stewart Title Insurance Co
$2,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,952,500
Previous Owner $20,869
Previous Owner $500,000
Previous Owner $17,458
Previous Owner $1,435,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $3,550,000 -2.6% $495 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $3,645,000 -- $508 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $74,296 $58,350 $15,750 $42,600
2024 $70,721 $58,350 $15,750 $42,600
2023 $66,196 $58,350 $15,750 $42,600
2022 $64,119 $58,350 $15,750 $42,600
2021 $63,929 $58,350 $15,750 $42,600
2020 $75,974 $58,350 $15,750 $42,600
2019 $30,874 $70,200 $15,750 $54,450
2018 $56,182 $70,200 $15,750 $54,450
2017 $17,986 $70,200 $15,750 $54,450
2016 $28,722 $70,200 $15,750 $54,450
2015 -- $70,200 $15,750 $54,450
2014 -- $70,200 $15,750 $54,450
2013 -- $70,200 $15,750 $54,450
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEY6037958

OneKey® MLS

APN: 1400-153-014-00001-000-0025

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