NOT LISTED FOR SALE

40 Locust Ave Unit Flat 1 Rye, NY 10580

Estimated Value: $1,444,997 - $3,369,000

3 Beds
3.5 Baths
2,486 Sq Ft
$1,449/mo HOA Fee

Last Sold June 09, 2022

Last sale price $3,300,000 $1,327 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $15,524/month

70 Days on Market

Highlights

  • Property is near public transit
  • Cathedral Ceiling
  • 1 Fireplace
  • Rye Middle School Rated A+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2022

Hip, cool NYC living in the heart of downtown Rye! This to-be-built, custom-crafted flat is pure glamour and sophistication unlike anything else. Steps from restaurants and boutiques, this 2,486 sqft stunner embodies a lifestyle of luxury and ease - a sleek single level, floorplan to rival the swankiest Tribecca loft. This sunlit sanctuary boasts 3 bds and 3.1 bths, walls of windows, a covered terrace atop zen-like garden and high end finishes - Walker Zanger stone/tile & Kalista bath fixtures. From your own commercial size elevator, step inside to a gallery-like home with 9'7" ceilings - chef's kitchen and FR with French doors to the terrace, gas fireplace, Quartzite island with Wolf/Sub-Zero appliances, and chic wet bar. Enjoy a study, master with 2 WICs, private balcony and radiant ensuite, and heated 2-car garage. One of only 2 remaining of 8 new Locust Rye flats meticulously crafted by Paul Varsames with interiors by Monique Varsames Design. Low Taxes and maintenance-free living!

Last Listed By

Joan O'Meara

Houlihan Lawrence Inc. License #30OM0831696 Listed on: 06/11/2021

Houlihan Lawrence Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,214

Year Built

  • Built in 2022

Lot Details

  • 0.32

HOA Fees

  • $1,449 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring
  • No Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Patio
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1400-146-007-00002-000-0007

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal
  • Mid-Rise Condominium
  • Locust Rye Community
  • Locust Rye Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,214

Year Built

Built in 2022

Lot Details

0

HOA Fees

$1,449 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid Rise
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Locust Rye
  • Development Name: Locust Rye
  • Year Built: 2022
  • Attribution Contact: 914-967-7680
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Elevator, Entrance Foyer, Master Bath, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: None
  • Inclusions: Cook Top, Dishwasher, Dryer, Garage Door Opener, Generator, Microwave, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2486.00
  • Square Footage: 2486.00

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Laundry Features: In Unit
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Other, Snow Removal
  • Association Fee: 1449.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-007-00002-000-0007
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes

Tax Info

  • Close Date: 2022-06-09
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 17214.00
  • Tax Map Number: 1400-146-007-00002-000-0007

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
Jun 11, 2021
Closed on
Jun 9, 2022
Sold by
Locust Lot 4 Llc
Bought by
Donnelly John L and Donnelly Nancy S
Seller's Agent
Joan O'Meara
Houlihan Lawrence Inc.
List Price
$3,200,000
Sold Price
$3,300,000
Premium/Discount to List
$100,000
3.12%
Total Days on Market
70
Current Estimated Value
$2,257,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,042,001
Avg. Annual Appreciation
-12.74%

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
Donnelly John L $3,300,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $3,300,000 0.0% $1,327 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $3,300,000 +3.1% $1,327 / Sq Ft
06/11/2021 06/11/21 For Sale $3,200,000 -- $1,287 / 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 $17,232 $18,600 $6,300 $12,300
2023 $21,101 $18,600 $6,300 $12,300
2022 $7,008 $18,600 $6,300 $12,300
2021 $1,412 $8,150 $6,300 $1,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6122836

OneKey® MLS