NOT LISTED FOR SALE

40 Old Post Rd Rye, NY 10580

Estimated Value: $4,858,685 - $5,544,000

5 Beds
5.5 Baths
5,704 Sq Ft
$901/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $3,650,000 $640 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $32,416/month

Highlights

  • Golf Course Community
  • 0.71 Acre Lot
  • Property is near public transit
  • Rye Middle School Rated A+
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of December 2020

Have you always wanted to have the home where family & friends gather - this beautiful, stately home perched high over the desirable one way street- Old Post Road in Rye was designed for just that. Pre prom parties, sports team gatherings, friends dropping by to hang out - being located less than half a mile from Rye Middle & High School & so close to town this home's location offers all of this. This large home was custom rebuilt & expanded in 2008. The expansive eat-in-kitchen is the heart of the home, the long center island has room for many & the eat in area opens to the family room with a fireplace. A wet bar, wine refrigerator, beverage drawers, wine storage are perfectly situated between kitchen & dining room. The kitchen's French doors open to a gracious patio with built in grill that overlooks the sweeping lawn creating tremendous entertaining space. An outdoor patio with pergola off the living room is great for more intimate gatherings. Need home offices? This home has you covered. Desire a large bonus recreation/play room with full bath, this space with a vaulted ceiling & beams is located over the two car garage. You will find quality throughout this home; custom millwork, newer mechanicals, radiant heated floors in all bathrooms & mudroom. Move in & start enjoying the unparalleled lifestyle that this home & Rye offer. Rye has award winning schools, YMCA, Art Center, Nature Center, Recreation Center, beach, parks, marina, Rye Golf Club & Pool as well as the lowest effective tax rate in Westchester County.

Last Agent to Sell the Property

Kimberly Arenas

Compass Greater NY, LLC License #40AR1147578 Listed on: 09/04/2020

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,766

Year Built

  • Built in 1997 | Remodeled in 2008

Lot Details

  • 0.71 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Clapboard

Interior Spaces

  • 5,704 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Schools

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

Utilities

  • Central Air
  • 3 Heating Zones
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Golf Course Community
  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-014-00001-000-0024-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,766

Year Built

Built in 1997 | Remodeled in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1997
  • Year Built Effective: 2008
  • Attribution Contact: 914-223-7623
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Attic Description: Pull Stairs
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5704.00
  • Square Footage: 5704.00

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Exterior Features: 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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Gravity
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Golf, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.7100
  • Lot Size Sq Ft: 30941.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-014-00001-000-0024-2
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-12-02
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 58766.00
  • Tax Map Number: 1400-146-014-00001-000-0024-2

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
Mar 6, 2007
Sold by
Stenger Edward J and Stenger Mary M
Bought by
Sundaram Ravi and Ricciardi Lisa
Current Estimated Value
$5,140,421

Purchase Details

Closed on
Mar 8, 1996
Sold by
Merlino Vincent and Merlino Vera
Bought by
M & M Realty Group
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sundaram Ravi $2,150,000 Future Title Company Inc
M & M Realty Group $217,500 Ticor Title Guarantee Compan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $3,650,000 -3.9% $640 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $3,800,000 -- $666 / 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 $65,813 $54,300 $8,050 $46,250
2023 $61,602 $54,300 $8,050 $46,250
2022 $59,669 $54,300 $8,050 $46,250
2021 $59,492 $54,300 $8,050 $46,250
2020 $58,766 $54,300 $8,050 $46,250
2019 $25,728 $54,300 $8,050 $46,250
2018 $46,819 $58,500 $8,050 $50,450
2017 $14,988 $58,500 $8,050 $50,450
2016 $23,935 $58,500 $8,050 $50,450
2015 -- $58,500 $8,050 $50,450
2014 -- $58,500 $8,050 $50,450
2013 -- $61,100 $8,050 $53,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6061942

OneKey® MLS

APN: 1400-146-014-00001-000-0024-2