NOT LISTED FOR SALE

40 Franklin Ave Rye, NY 10580

Estimated Value: $2,372,147 - $2,912,000

4 Beds
3 Baths
2,978 Sq Ft
$862/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $2,100,000 $705 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,397/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 2 Car Attached Garage
  • Rye Middle School Rated A+
  • 1 Fireplace
  • Park

About This Home

As of May 2022

Location, location, location! Ideally situated in the desired enclave of Rye Gardens, this spacious, light and bright, young Colonial built in1986 offers the perfect layout for today's living! Nearly 3000 square feet offering a large living room w/ picture window, formal dining room, and the kitchen and family room w/ fireplace is where you will spend your time overlooking the large deck and beautiful .32 acre. The first floor continues with 2 car garage, office/mudroom and full bath. The second floor boasts four bedrooms, skylights and a primary suite with walk-in closets, large bath w/ double vanity and separate shower. Bring your imagination to finish the incredible space in the walk-out lower level -- gym, bedroom, bath, recreation room -- whatever your heart desires! Walk to Award-winning Osborn Elementary School, Rye Middle & High Schools, Disbrow Park and a neighborhood to be cherished!

Last Agent to Sell the Property

Susan O'Brien

Houlihan Lawrence Inc. License #40OB0890275 Listed on: 03/24/2022

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,694

Year Built

  • Built in 1986

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Exterior
  • Clapboard

Interior Spaces

  • 2,978 Sq Ft Home
  • 1 Fireplace
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Water Heated By Indirect Tank
  • Municipal Trash

Additional Features

  • 0.32 Acre Lot
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-018-00002-000-0005-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,694

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1986
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2978.00
  • Square Footage: 2978.00

Exterior Features

  • Construction Materials: Block, Brick, Clapboard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air
  • Hot Water: Indirect Tank
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.3200
  • Lot Size Sq Ft: 13935.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-018-00002-000-0005-1
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-05-24
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 31694.00
  • Tax Map Number: 1400-146-018-00002-000-0005-1

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 24, 2022
Closed on
May 24, 2022
Sold by
Khandji Alexander G
Bought by
Brosnahan Jonathan and Brosnahan Shari
Seller's Agent
Susan O'Brien
Houlihan Lawrence Inc.
List Price
$1,795,000
Sold Price
$2,100,000
Premium/Discount to List
$305,000
16.99%
Current Estimated Value
$2,763,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,911
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,680,000
Outstanding Balance
$1,593,801
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$973,986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brosnahan Jonathan $2,100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brosnahan Jonathan $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $2,100,000 +17.0% $705 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,795,000 -- $603 / Sq Ft
Source: OneKey® MLS

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 $36,542 $30,150 $6,800 $23,350
2023 $33,319 $30,150 $6,800 $23,350
2022 $31,703 $28,850 $6,800 $22,050
2021 $31,608 $28,850 $6,800 $22,050
2020 $31,223 $28,850 $6,800 $22,050
2019 $12,688 $28,850 $6,800 $22,050
2018 $22,179 $28,850 $6,800 $22,050
2017 $7,392 $28,850 $6,800 $22,050
2016 $11,804 $28,850 $6,800 $22,050
2015 -- $28,850 $6,800 $22,050
2014 -- $28,850 $6,800 $22,050
2013 -- $28,850 $6,800 $22,050
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6173449

OneKey® MLS

APN: 1400-146-018-00002-000-0005-1