NOT LISTED FOR SALE

35 Drake Smith Ln Rye, NY 10580

Estimated Value: $4,913,867 - $5,935,000

5 Beds
6.5 Baths
5,929 Sq Ft
$937/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $4,151,300 $700 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $34,520/month

11 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Heated Floors
  • Colonial Architecture
  • Rye Middle School Rated A+
  • 1.01 Acre Lot
  • Property is near public transit

About This Home

As of June 2022

A rare find! A beautiful home on an acre of land, at the end of a cul de sac, in an estate area, close to town, train, and school with room to expand and add a pool! This is not a drive by as the house is much larger than it appears - check out the aerial views! Three wide arched doorways lead from the Living Room at the center of the home to the Formal Dining Room with a wood burning fireplace and French doors to the Bluestone courtyard terrace, this room also connects to a Butlers Pantry with wet bar, a large Kitchen with a center island, a breakfast area with a tray ceiling, expansive Family Room with a tray ceiling with uplighting, a gas fireplace, custom built ins and a wall of windows plus access to the terrace and yard, the radiant floors of the mudroom and powder room are very welcoming on chilly days. Moving past the formal rooms into a cozy Library/Office with a gas fireplace, and can be closed off with pocket doors, to the Primary Suite with its tray ceiling and walls of windows and French doors with views of the private yard, plus a walk in closet, a Primary marble Bath which also has radiant floors, and a nursery/dressing room/2nd office. An ensuite Bedroom/Bath and another full Bath complete the first floor. The second floor provides three additional bedrooms and two baths. The finished lower level is an unexpected treat with its bright windows, gas fireplace, full bath and spacious open floor plan. Two door to the yard also offer easy access. This area offers an open floor plan for recreation, fitness and office space. The incredibly private courtyard terrace with views of one of the larger lushly landscaped yards in Rye make this one of the most sought after settings in town! Rye has the lowest effective tax rate in Westchester County and is only 25 miles north of NYC.

Last Agent to Sell the Property

Christina Murphy

Julia B Fee Sothebys Int. Rlty License #30MU0809834 Listed on: 04/04/2022

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,861

Year Built

  • Built in 1957 | Remodeled in 2003

Lot Details

  • 1.01 Acre Lot
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • 5,929 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Partially Finished Basement
  • Walk-Out Basement
  • Partial Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Oven
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Patio

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 Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 1400-146-008-00002-000-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,861

Year Built

Built in 1957 | Remodeled in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1957
  • Year Built Effective: 2003
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2003

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Chefs Kitchen, Den/Family Room, Dressing Area, Eat-in Kitchen, Exercise Room, Formal Dining Room, Granite Counters, Heated Floors, Home Office, Kitchen Island, Marble Bath, Marble Countertops, Master Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Partial
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Partially Finished, Walk-Out Access
  • Inclusions: Alarm System, B/I Audio/Visual Equip, B/I Shelves, Curtains/Drapes, Dishwasher, Disposal, Door Hardware, Dryer, Garage Door Opener, Gas Grill, Generator, Light Fixtures, Mailbox, Refrigerator, Second Dishwasher, Shades/Blinds, Wall Oven, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5929.00
  • Square Footage: 5929.00

Exterior Features

  • Construction Materials: Frame, Cedar, Shake Siding
  • Exterior Features: Courtyard, Sprinkler Lawn System
  • 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
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • 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 Size Sq Ft: 43891.00
  • Lot Size Units: Acres
  • Lot Features: Level, Stone/Brick Wall, Near Public Transit, Cul-De-Sec
  • Parcel Number: 1400-146-008-00002-000-0020
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-06-03
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 60861.00
  • Tax Map Number: 1400-146-008-00002-000-0020

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
Apr 4, 2022
Closed on
Jun 3, 2022
Sold by
Byron Nimocks A
Bought by
Schroeder Hans L and Mannapperuma Samita A
Seller's Agent
Christina Murphy
Julia B Fee Sothebys Int. Rlty
List Price
$3,500,000
Sold Price
$4,151,300
Premium/Discount to List
$651,300
18.61%
Current Estimated Value
$5,554,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,403,417
Avg. Annual Appreciation
8.63%
Original Mortgage
$2,000,000
Outstanding Balance
$1,899,996
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$3,654,721

Purchase Details

Closed on
May 6, 1998
Sold by
Nimocks A Byron and Murphy Emilie B
Bought by
Nimocks A Byron and Murphy Emilie B
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
Schroeder Hans L $4,136,300 None Listed On Document
Nimocks A Byron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Hans L $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $4,151,300 +18.6% $700 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $3,500,000 -- $590 / 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 $64,661 $53,350 $12,650 $40,700
2023 $61,921 $53,350 $12,650 $40,700
2022 $60,878 $55,400 $12,650 $42,750
2021 $60,697 $55,400 $12,650 $42,750
2020 $59,957 $55,400 $12,650 $42,750
2019 $24,365 $55,400 $12,650 $42,750
2018 $44,338 $55,400 $12,650 $42,750
2017 $33,313 $55,400 $12,650 $42,750
2016 $22,666 $55,400 $12,650 $42,750
2015 -- $55,400 $12,650 $42,750
2014 -- $55,400 $12,650 $42,750
2013 -- $55,400 $12,650 $42,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6175201

OneKey® MLS

APN: 1400-146-008-00002-000-0020