NOT LISTED FOR SALE

227 Locust Ave Rye, NY 10580

Estimated Value: $1,774,000 - $5,393,000

3 Beds
2.5 Baths
2,188 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $1,425,000 $651 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $23,837/month

76 Days on Market

Highlights

  • 0.66 Acre Lot
  • Deck
  • Private Lot
  • Rye Middle School Rated A+
  • Property is near public transit
  • 2-Story Property

About This Home

As of July 2017

One level living, recently renovated to perfection. Conveniently located within walking distance to town and Metro North, this well appointed home situated on a rare .66 acre parcel is in move-in condition. Featuring today's sought-after open floor plan, the family room and master bedroom with fireplace opens to a private beautifully landscaped vista. The well-appointed cherry kitchen, dining room,living room and family room create a beautiful space for family or formal entertaining. The lower level offers an exercise room, wine cellar and excellent storage. Detail-oriented owners have made many improvements adding both character and charm to this unique property. Expansion possibilities are endless. The existing property offers an FAR of 6,300 square feet. 227 Locust Avenue is outstanding, perfect for the buyer seeking warmth, charm and perfection in every detail.

Last Agent to Sell the Property

Billie Prizio

Houlihan Lawrence Inc. Brokerage Phone: 914-967-7680 License #30PR0212772 Listed on: 03/02/2017

Houlihan Lawrence Inc.

Last Buyer's Agent

Patrick Mahoney

Julia B Fee Sothebys Int. Rlty License #10401238259

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,816

Year Built

  • Built in 1954

Lot Details

  • 0.66 Acre Lot
  • Private Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • 2-Story Property
  • Frame Construction
  • Cedar

Interior Spaces

  • 2,188 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Gym
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-006-00002-000-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,816

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1954
  • Attribution Contact: 914-967-7680
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Inclusions: Alarm System,Attic Fan,Chandelier(s),Convection Oven,Cook Top,Dishwasher,Dryer,Garage Door Opener,Garage Remote,Light Fixtures,Mailbox,Microwave,Refrigerator,Screens,Shades/Blinds
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2188
  • AtticDescription: Full,Pull Stairs
  • SquareFootage: 2188.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Cedar
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.66
  • Lot Dimensions: 0.6600
  • Lot Size Sq Ft: 28750
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 1400-146-006-00002-000-0004
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 26816
  • Tax Map Number: 1400-146-006-00002-000-0004
  • 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
Mar 2, 2017
Closed on
Jul 14, 2017
Sold by
Mccullough Frnk S and Mccullough Coralene F
Bought by
Koh Brian and Koh Laura
Seller's Agent
Billie Prizio
Houlihan Lawrence Inc.
Buyer's Agent
Patrick Mahoney
Julia B Fee Sothebys Int. Rlty
List Price
$1,595,000
Sold Price
$1,425,000
Premium/Discount to List
-$170,000
-10.66%
Current Estimated Value
$3,768,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,343,599
Avg. Annual Appreciation
12.18%
Original Mortgage
$1,100,000
Outstanding Balance
$913,914
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,854,685

Purchase Details

Closed on
May 9, 2008
Sold by
Mccullough Coralene F
Bought by
Mccullough Frank S and Mccullough Coralene F
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
Koh Brian $1,425,000 Spano Abstract Service
Mccullough Frank S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koh Brian $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $1,425,000 -10.7% $651 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $1,595,000 -- $729 / 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 $49,104 $52,900 $6,700 $46,200
2023 $33,009 $32,700 $6,700 $26,000
2022 $29,340 $26,700 $6,700 $20,000
2021 $29,253 $26,700 $6,700 $20,000
2020 $28,896 $26,700 $6,700 $20,000
2019 $11,743 $26,700 $6,700 $20,000
2018 $21,369 $26,700 $6,700 $20,000
2017 $15,540 $26,700 $6,700 $20,000
2016 $10,924 $26,700 $6,700 $20,000
2015 -- $26,700 $6,700 $20,000
2014 -- $26,700 $6,700 $20,000
2013 -- $28,650 $6,700 $21,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4706974

OneKey® MLS

APN: 1400-146-006-00002-000-0004