NOT LISTED FOR SALE

245 Milton Rd Rye, NY 10580

Estimated Value: $4,416,760 - $6,290,000

7 Beds
4.5 Baths
5,846 Sq Ft
$926/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $3,550,000 $607 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $33,746/month

96 Days on Market

Highlights

  • 1.29 Acre Lot
  • Colonial Architecture
  • Property is near public transit
  • Rye Middle School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of February 2021

One of the most important Federal Colonials in Rye, boasting a distinguished provenance and architectural detailing, the hallmark of craftsmanship, superbly located, walk to schools, town and many community activities. Entrance columns announce the paneled entry, rich in detail, that opens to a LR/ fpl; DR/fpl; Library/Office/fpl, all with in-laid floors , 9' ceilings and over-sized windows ; new PR; well outfitted and renovated Kitchen/fpl; new mudroom/laundry; an impressive sized Family room/fpl extending to a screened porch and a mahogany deck that open to large level property. Master Bedroom Suite / renovated bath and a custom dressing room, two more en-suite bedrooms, plus four BR and a Bath on the 3rd fl. The lower level offers a gym, playroom, craft room, etc. plus fabulous storage. The detached two car garage with storage was completely re-built with a cupola, and the property boasts outstanding custom landscaping and gardens with room for a pool!

Last Agent to Sell the Property

Maureen Kirkpatrick

Julia B Fee Sothebys Int. Rlty License #40KI0122654 Listed on: 09/03/2020

Julia B Fee Sothebys Int. Rlty

Co-Listed By

Christina Murphy

Julia B Fee Sothebys Int. Rlty License #30MU0809834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,394

Year Built

  • Built in 1840 | Remodeled in 2009

Lot Details

  • 1.29 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Clapboard

Interior Spaces

  • 5,846 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • No Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • 5 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Tennis Courts

Listing and Financial Details

  • Exclusions: Selected Light Fixtures,Selected Window Treatment
  • Assessor Parcel Number 1400-146-015-00002-000-0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,394

Year Built

Built in 1840 | Remodeled in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Selected Light Fixtures,Selected Window Treatment
  • Year Built: 1840
  • Year Built Effective: 2009
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Formal Dining Room, Entrance Foyer, Marble Countertops, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Partial, Partially Finished
  • Inclusions: Dishwasher, Disposal, Door Hardware, Dryer, Garage Door Opener, Garage Remote, Microwave, Refrigerator, Screens, Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 5846.00
  • Square Footage: 5846.00

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Fencing: Back Yard
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway

Utilities

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

Association/Amenities

  • Community Features: Tennis Court(s)

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.2900
  • Lot Size Sq Ft: 56023.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-146-015-00002-000-0003
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-02-23
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 64394.00
  • Tax Map Number: 1400-146-015-00002-000-0003

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 23, 2021
Sold by
Garrett Patrick J and Schoff Elizabeth H
Bought by
Truslow Francis and Sherwood Nicole
Seller's Agent
Maureen Kirkpatrick
Julia B Fee Sothebys Int. Rlty
List Price
$3,750,000
Sold Price
$3,550,000
Premium/Discount to List
-$200,000
-5.33%
Current Estimated Value
$5,413,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,863,440
Avg. Annual Appreciation
9.15%
Original Mortgage
$2,350,000
Outstanding Balance
$2,101,817
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,311,623

Purchase Details

Closed on
Nov 17, 2006
Sold by
Friesell William H and Friesell Susan W
Bought by
Garrett Patrick J and Schoff Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Stuart Dominick and Stuart Diane C
Bought by
Caiati Michael A and Caiati Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Truslow Francis $3,550,000 Great American Ttl Agcy Inc
Garrett Patrick J $4,100,000 Landamerica Commonwealth
Caiati Michael A $895,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truslow Francis $2,350,000
Previous Owner Garrett Patrick J $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $3,550,000 -5.3% $607 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $3,750,000 -- $641 / 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 $63,237 $52,175 $10,250 $41,925
2023 $59,191 $52,175 $10,250 $41,925
2022 $65,383 $52,175 $10,250 $41,925
2021 $65,189 $59,500 $10,250 $49,250
2020 $64,394 $59,500 $10,250 $49,250
2019 $26,168 $59,500 $10,250 $49,250
2018 $47,619 $59,500 $10,250 $49,250
2017 $15,244 $59,500 $10,250 $49,250
2016 $24,344 $59,500 $10,250 $49,250
2015 -- $59,500 $10,250 $49,250
2014 -- $59,500 $10,250 $49,250
2013 -- $59,500 $10,250 $49,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6066917

OneKey® MLS

APN: 1400-146-015-00002-000-0003