NOT LISTED FOR SALE

368 Midland Ave Rye, NY 10580

Estimated Value: $1,475,000 - $1,777,000

5 Beds
4 Baths
2,300 Sq Ft
$723/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,097,500 $477 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,647/month

57 Days on Market

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • Granite Countertops
  • Rye Middle School Rated A+
  • Wood Flooring
  • 2-minute walk to Rye Recreation Department

About This Home

As of August 2019

Own, live-in, or rent this outstanding new construction 2 family home in Rye. The 1st floor unit includes 2 bedrooms and 2 full baths - the second floor unit contains 3 bedrooms and 2 full baths. Designed and built by a high-end design firm this property has to many upgrades and details to list. A must see! Short walk to schools, park, town, shops, restaurants and train. Additional Information: Amenities:Storage,

Last Agent to Sell the Property

Scott Stumer

Keller Williams NY Realty License #30ST1103142 Listed on: 04/16/2019

Keller Williams NY Realty

Last Buyer's Agent

Grace LoBello

William Raveis Real Estate License #10401258310

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 2019

Lot Details

  • 5,075 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • Cathedral Ceiling
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Wood Flooring
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1400-146-011-00003-000-0055

Community Details

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,000

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 2019
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Primary Bathroom, Pantry, Walk-In Closet(s)
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Crawl Space
  • Total Bedrooms: 5
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Basement YN: Yes

Exterior Features

  • Patio and Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Hydro Air, Natural Gas
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Cable Available, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park, Trash
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.1165
  • Lot Size Sq Ft: 5075
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 1400-146-011-00003-000-0055
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 20000
  • Tax Year: 2019

MLS Schools

  • Elementary School: Midland
  • High School: Rye High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Aug 23, 2019
Sold by
Dardha Xhovano
Bought by
368 Midland Llc
Seller's Agent
Scott Stumer
Keller Williams NY Realty
Buyer's Agent
Grace LoBello
William Raveis Real Estate
List Price
$1,350,000
Sold Price
$1,097,500
Premium/Discount to List
-$252,500
-18.7%
Current Estimated Value
$1,663,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,283
Avg. Annual Appreciation
6.96%
Original Mortgage
$823,125
Outstanding Balance
$732,302
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$931,481

Purchase Details

Closed on
Aug 12, 2016
Sold by
Khatri Avinash and Khatri Amitha
Bought by
Dardha Xhovano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,080
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Stella Anthony and Stella Joann
Bought by
Khatri Avinash and Khatri Amitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Interest Rate
5.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
368 Midland Llc $1,097,500 Bartech Title Agency Inc
Dardha Xhovano $640,000 None Available
Khatri Avinash $400,000 The Judicial Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 368 Midland Llc $823,125
Previous Owner Dardha Xhovano $586,080
Previous Owner Khatri Avinash $366,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $1,097,500 -- --
08/23/2019 08/23/19 Sold $1,097,500 -12.2% $477 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $1,250,000 -3.8% $543 / Sq Ft
05/03/2019 05/03/19 Price Changed $1,300,000 -3.7% $565 / Sq Ft
04/16/2019 04/16/19 For Sale $1,350,000 -- $587 / 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 $23,271 $19,200 $3,100 $16,100
2023 $21,782 $19,200 $3,100 $16,100
2022 $21,098 $19,200 $3,100 $16,100
2021 $21,036 $19,200 $3,100 $16,100
2020 $20,779 $19,200 $3,100 $16,100
2019 $5,475 $19,200 $3,100 $16,100
2018 $5,962 $12,450 $3,100 $9,350
2017 $4,480 $7,450 $3,100 $4,350
2016 $3,048 $7,450 $3,100 $4,350
2015 -- $7,450 $3,100 $4,350
2014 -- $7,450 $3,100 $4,350
2013 -- $7,450 $3,100 $4,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4922098

OneKey® MLS

APN: 1400-146-011-00003-000-0055