NOT LISTED FOR SALE

48 Cedar Place Rye, NY 10580

Estimated Value: $1,299,000 - $1,914,000

2 Beds
2 Baths
1,260 Sq Ft
$1,246/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $501,500 $398 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $9,736/month

31 Days on Market

About This Home

As of September 2020

Dream Opportunity!!! Multi-Family home in the heart of Rye City, one of Westchester' most coveted neighborhoods and school districts. Tons of potential to create your dream home for an affordable price. Amazing property allows the possibility of growing the home up to 2250 square feet. This is a once in a lifetime chance that should not be missed. Walking Distance to Train, School and Town hall. Only 2 blocks off of Boston Post Rd

Last Agent to Sell the Property

Salvatore Santello

Coldwell Banker Realty License #10401311145 Listed on: 05/24/2019

Coldwell Banker Realty

Last Buyer's Agent

Aaron Wittenstein

eXp Realty License #3557079

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,022

Year Built

  • Built in 1880

Lot Details

  • 4,909 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Interior Spaces

  • 1,260 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1400-146-011-00003-000-0061

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,022

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1880
  • Attribution Contact: 914-437-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial
  • Total Bedrooms: 2
  • Living Area: 1260.00
  • Square Footage: 1260.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, See Remarks
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Dimensions: 0.1127
  • Lot Size Sq Ft: 4909.00
  • Lot Size Units: Acres
  • Parcel Number: 1400-146-011-00003-000-0061
  • Property Attached: No

Tax Info

  • Close Date: 2020-09-09
  • Tax Annual Amount: 9022.00
  • Tax Map Number: 1400-146-011-00003-000-0061

Multi Family

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

MLS Schools

  • Elementary School: Midland School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 9, 2020
Sold by
Davis Keenia C
Bought by
Duffy John
Seller's Agent
Salvatore Santello
Coldwell Banker Realty
Buyer's Agent
Aaron Wittenstein
eXp Realty
List Price
$549,424
Sold Price
$501,500
Premium/Discount to List
-$47,924
-8.72%
Current Estimated Value
$1,569,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,038
Avg. Annual Appreciation
23.53%

Purchase Details

Closed on
Dec 28, 2013
Sold by
Davis Kenneth
Bought by
Davis Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.33%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 10, 2013
Sold by
Davis Kenneth
Bought by
Davis Kenneth

Purchase Details

Closed on
Aug 9, 2004
Sold by
Davis Voncile and Davis Kenneth
Bought by
Davis Voncile
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Duffy John $501,500 Thoroughbred Title Svcs Llc
Davis Kenneth -- Fnc Title Services Llc
Davis Kenneth -- None Available
Davis Voncile -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Kenneth $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $501,500 0.0% $398 / Sq Ft
07/28/2020 07/28/20 Off Market $501,500 -- --
06/24/2019 06/24/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $549,424 -- $436 / 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 -- $15,900 $3,100 $12,800
2023 $18,038 $15,900 $3,100 $12,800
2022 $9,286 $16,900 $3,100 $13,800
2021 $9,258 $8,450 $3,100 $5,350
2020 $9,145 $8,450 $3,100 $5,350
2019 $3,716 $8,450 $3,100 $5,350
2018 $5,853 $8,450 $3,100 $5,350
2017 $4,099 $8,450 $3,100 $5,350
2016 $3,457 $8,450 $3,100 $5,350
2015 -- $8,450 $3,100 $5,350
2014 -- $8,450 $3,100 $5,350
2013 -- $8,450 $3,100 $5,350
Source: Public Records

Agents Affiliated with this Home

  • Salvatore Santello

    Seller's Agent in 2020

    Salvatore Santello

    Coldwell Banker Realty

    (212) 838-3700

    63 Total Sales

    Salvatore Santello
    Section Image

  • A

    Buyer's Agent in 2020

    Aaron Wittenstein

    eXp Realty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4941276

OneKey® MLS

APN: 1400-146-011-00003-000-0061

New York Westchester County Rye 10580

48 Cedar Place, Rye, NY

Not Listed for Sale

MultiFamily

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