NOT LISTED FOR SALE

265 Locust Ave Rye, NY 10580

Estimated Value: $2,938,711 - $3,826,000

6 Beds
4.5 Baths
4,574 Sq Ft
$739/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $2,435,000 $532 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $21,617/month

Highlights

  • Sauna
  • 0.55 Acre Lot
  • Property is near public transit
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Private Lot

About This Home

As of August 2020

A short stroll to downtown Rye and Metro North. Gracious Colonial. Stunning recent renovation for today's lifestyle. Move right in! 4,574 SF on .55 private acre level yard. Elegant center hall 6 BR, 4.1 BTH home features fabulous layout; great for entertaining inside and out. Chef's kitchen by designer Mick De Giulio w/top of the line appliances and cabinetry. Custom cabinetry and built-ins thru out. Exquisite detailing. FAM RM w/surround sound & wet bar. First & second floor renovated down to the studs. Gorgeous marble baths, MBTH Spa, radiant floors, new roof, mechanical systems, windows & doors. Organic lawn, established perennial garden with specimen trees & plantings, landscape lighting & irrigation system. Sound system. Expansive basement with storage & wine closet. Long gravel driveway into blacktop w/bball hoop at end. Great for sports! Possible room for a pool. Extra 1512SF in basement. Featured in films/fashion shoots. See: https://www.locationdepartment.net/locations/3054

Last Agent to Sell the Property

Kristina Storm

Julia B Fee Sothebys Int. Rlty License #10401289303 Listed on: 09/23/2019

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,000

Year Built

  • Built in 1914 | Remodeled in 2006

Lot Details

  • 0.55 Acre Lot
  • Private Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,574 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Sauna
  • Home Gym
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • 5 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System
  • Water Heated By Indirect Tank
  • Oil Water Heater

Listing and Financial Details

  • Exclusions: Chandelier(s),Curtains/Drapes,Second Dryer,Second Washer,Selected Light Fixtures,Selected Window Treatment
  • Assessor Parcel Number 1400-146-006-00001-000-0046

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,000

Year Built

Built in 1914 | Remodeled in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Chandelier(s),Curtains/Drapes,Second Dryer,Second Washer,Selected Light Fixtures,Selected Window Treatment
  • Year Built: 1914
  • Year Built Effective: 2006
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Interior Amenities: Eat-in Kitchen, Exercise Room, Granite Counters, Guest Quarters, Marble Countertops, Master Bath, Powder Room, Sauna, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Attic Description: Finished
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full
  • Inclusions: Alarm System, Attic Fan, B/I Shelves, Basketball Hoop, Chandelier(s), Convection Oven, Cook Top, Dishwasher, Disposal, Door Hardware, Dryer, Front Gate, Garage Door Opener, Garage Remote, Mailbox, Microwave, Refrigerator, Screens, Shades/Blinds, Speakers Indoor, Speakers Outdoor, Storm Windows, Wall Oven, Wall to Wall Carpet, Washer
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 4574.00
  • Square Footage: 4574.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Oil, Hot Water, Radiant
  • Hot Water: Fuel Oil Stand Alone, Indirect Tank
  • Heating Zones: 5
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.5500
  • Lot Dimensions: 0.5500
  • Lot Size Sq Ft: 23958.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit, Private
  • Parcel Number: 1400-146-006-00001-000-0046
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-08-31
  • Included in Taxes: Sewer
  • Tax Annual Amount: 46000.00
  • Tax Map Number: 1400-146-006-00001-000-0046

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

Closed on
Aug 14, 2002
Sold by
Ingrassia Paul J and Ingrassia Lynn R
Bought by
Armstrong Robert Michael and Armstrong Kristina Marie
Current Estimated Value
$3,382,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.5%
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
Armstrong Robert Michael $2,590,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Robert Michael $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $2,435,000 -6.3% $532 / Sq Ft
02/05/2020 02/05/20 Price Changed $2,599,000 -1.9% $568 / Sq Ft
01/07/2020 01/07/20 For Sale $2,649,000 +8.8% $579 / Sq Ft
12/20/2019 12/20/19 Off Market $2,435,000 -- --
09/23/2019 09/23/19 For Sale $2,649,000 -- $579 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
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 $47,390 $39,100 $7,300 $31,800
2023 $44,487 $39,100 $7,300 $31,800
2022 $43,150 $39,100 $7,300 $31,800
2021 $43,112 $39,100 $7,300 $31,800
2020 $47,358 $39,100 $7,300 $31,800
2019 $19,497 $44,400 $7,300 $37,100
2018 $34,624 $44,400 $7,300 $37,100
2017 $12,016 $47,400 $7,300 $40,100
2016 $19,125 $47,400 $7,300 $40,100
2015 -- $47,400 $7,300 $40,100
2014 -- $47,400 $7,300 $40,100
2013 -- $47,400 $7,300 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4954059

OneKey® MLS

APN: 1400-146-006-00001-000-0046