NOT LISTED FOR SALE

40 Park Dr N Rye, NY 10580

Estimated Value: $3,783,000 - $5,200,000

7 Beds
7 Baths
5,600 Sq Ft
$793/Sq Ft Est. Value

Last Sold February 03, 2015

Last sale price $3,100,000 $554 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $29,026/month

135 Days on Market

Highlights

  • Panoramic View
  • 0.91 Acre Lot
  • Property is near public transit
  • Harrison Avenue Elementary School Rated A+
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of February 2015

Westchester Country Club grounds are one of the most distinguished neighborhoods in the county. Proximity to Rye's Metro North Station, excellent shopping and major arteries (I-95, 287, Hutch)make this location a commuter's dream. Sophisticated, classicism, and comfort define this thoughtfully renovated center hall colonial. A well-equipped kitchen-family room leads to the expansive flagstone terrace. This casual wing is balanced by the grandeur of formal spaces, including a living room with fireplace and library with see-thru fireplace. Off the library, the sunlit solarium leads to a flagstone terrace where open verdant views envelop the homes oversized grounds. Seven spacious bedrooms, two with fireplaces, five full baths and two powder rooms provide luxurious space for family and friends. This home has been in a family for four generations and is now marketed after 60 years. Current owners are in the process of a subdivision, should a new owner want to pursue this option.

Last Agent to Sell the Property

Billie Prizio

Houlihan Lawrence Inc. Brokerage Phone: 914-967-7680 License #30PR0212772 Listed on: 06/24/2014

Houlihan Lawrence Inc.

Last Buyer's Agent

Christine Hazelton

Houlihan Lawrence Inc. License #40TO0949466

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,599

Year Built

  • Built in 1923 | Remodeled in 2001

Lot Details

  • 0.91 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 5,600 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wall to Wall Carpet
  • Panoramic Views
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Powder Room

Laundry

  • Dryer
  • Washer

Schools

  • Harrison Avenue Elementary School
  • Louis M Klein Middle School
  • Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 0542-7-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,599

Year Built

Built in 1923 | Remodeled in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1923
  • Year Built Effective: 2001
  • Attribution Contact: 914-967-7680
  • Village: Harrison
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2001

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Master Bath, Powder Room, Storage, Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Finished
  • Inclusions: Alarm System,Awning,Convection Oven,Cook Top,Dehumidifier,Dishwasher,Disposal,Dryer,Garage Door Opener,Gas Grill,Mailbox,Microwave,Playset,Refrigerator,Screens,Second Dryer,Second Washer,Shades/Blinds,Shed,Speakers Indoor,Speakers Outdoor,Storm Windows,Wall Oven,Wall to Wall Carpet
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 5600
  • AtticDescription: None
  • SquareFootage: 5600.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Stone, Shingle Siding
  • View: Panoramic
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Hydro Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Louis M Klein Middle School

Lot Info

  • Lot Size Acres: 0.91
  • Lot Size Area: 0.91
  • Lot Dimensions: 0.9100
  • Lot Size Sq Ft: 39640
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0542-7-22
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 49599
  • Tax Map Number: 0542-7-22
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Harrison Avenue Elementary School
  • High School: Harrison High School
  • Middle School District: Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Feb 3, 2015
Sold by
Mcconnell Mathew and Mcconnell Helen C
Bought by
Davis Bryan and Davis Anita
Seller's Agent
Billie Prizio
Houlihan Lawrence Inc.
Buyer's Agent
Christine Hazelton
Houlihan Lawrence Inc.
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%
Current Estimated Value
$4,440,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,340,956
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Carey J Paul and Carey Mary Frances
Bought by
Mcconnell Mathew and Mcconnell Helen C
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
Davis Bryan $3,100,000 Statewide Abstrct Corp
Mcconnell Mathew $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcconnell Mathew J $900,000
Previous Owner Mcconnell Mathew $5,587
Previous Owner Mcconnell Matthew $700,000
Previous Owner Mcconnell Matthew $800,000
Previous Owner Mcconnell Mathew $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2015 02/03/15 Sold $3,100,000 -11.3% $554 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $3,495,000 -- $624 / 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 $57,950 $49,000 $9,000 $40,000
2023 $88,708 $49,000 $9,000 $40,000
2022 $76,386 $49,000 $9,000 $40,000
2021 $74,797 $49,000 $9,000 $40,000
2020 $83,030 $49,000 $9,000 $40,000
2019 $79,515 $49,000 $9,000 $40,000
2018 $45,223 $49,000 $9,000 $40,000
2017 $0 $49,000 $9,000 $40,000
2016 $53,750 $38,500 $8,500 $30,000
2015 -- $35,500 $8,500 $27,000
2014 -- $35,500 $8,500 $27,000
2013 -- $35,500 $8,500 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4420816

OneKey® MLS

APN: 2801-000-542-00000-000-0007