NOT LISTED FOR SALE

5 Central Ave Rye, NY 10580

Estimated Value: $1,834,338 - $2,379,000

4 Beds
3.5 Baths
2,682 Sq Ft
$764/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $1,600,000 $597 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,822/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Partial Attic
  • Forced Air Heating and Cooling System
  • Rye Middle School Rated A+
  • 2 Car Attached Garage

About This Home

As of October 2022

Live the Northeast lifestyle in the quintessential town of Rye, NY. Located in the heart of downtown, with short walking distance to Rye's bustling restaurant scene and most importantly, it's train station for those commuting to NYC, this 2,682 square feet home is newly renovated and most importantly beautiful. In addition, for growing families, this home is located around the corner from Rye Middle, Rye High School and Resurrection School. Also, for entertainment, camps, fitness facilities and educational services you will find the Nature Center, brand new YMCA, Art Center and more within 5-minute walk. From a location standpoint, you could not find a more centralized location. In addition, the newly renovated home boasts new hardwood floors throughout, new security system, new appliances and many additional upgrades. The large living room has a fireplace and beautiful built-in bookcases and flows easily into the brightly lit, open-aired dining room. In addition, there is a renovated powder room and coat closet located in foyer. The recently renovated white kitchen has a new refrigerator, new stove, and new dishwasher (2022) and features Carrara marble countertops, breakfast counter, wine fridge with doors to the custom blue stone patio for evening outdoor dining or drinks. The kitchen also leads to a large and brightly lit family room with vaulted ceilings and skylight and door to the outside patio. Off the patio sits a magnificently manicured and private, fenced-in and mature landscaped lawn where kids can play comfortably and within eyesight. Upstairs, the large primary suite has an amazing sitting area for watching TV, relaxing, or taking in a good book. In addition, the extra-large walk-in closet makes getting dressed in the mornings easy, convenient and roomy with door openings to both the bathroom and the bedroom for easy access. The luxurious bathroom features a large shower with a built-in bench, separate water closet and double vanity. In addition, there are three other bedrooms, one is ensuite and the other two sharing a hall bath that features a soaking tub. Each is well-lit with windows facing the nearby Rye brook. Additionally, there is a large (718 square feet) recreation room with high ceilings perfect for an in-home gym, game room or TV room. The home also features a generator, 3 zones of heat and air, brand new mechanicals (2022) and a two-car garage that features an electric bike rack for storing bikes above the ground. And of course, you cannot rave about this house without mentioning it's proximity to Rye's famous Jerry's Post Road Market, where the Rye community comes for their morning coffee, chat about Friday night football games or to purchase its infamous chicken cutlet sandwiches at lunchtime.

Last Agent to Sell the Property

Kimberly Arenas

Compass Greater NY, LLC License #40AR1147578 Listed on: 07/14/2022

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,724

Year Built

  • Built in 1969

Lot Details

  • 9,749 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,682 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Partial Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 1400-146-011-00001-000-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,724

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1969
  • Attribution Contact: 914-353-5570
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Attic Description: Partial
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial
  • Total Bedrooms: 4
  • Living Area: 2682.00
  • Square Footage: 2682.00

Exterior Features

  • Construction Materials: Frame

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: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9749.00
  • Lot Size Units: Acres
  • Parcel Number: 1400-146-011-00001-000-0070
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-10-17
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 24724.00
  • Tax Map Number: 1400-146-011-00001-000-0070

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
Jul 14, 2022
Closed on
Oct 17, 2022
Sold by
Olguin Michael A
Bought by
Asp Ernest R and Asp Candice C
Seller's Agent
Kimberly Arenas
Compass Greater NY, LLC
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Views
19
Current Estimated Value
$2,049,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,085
Avg. Annual Appreciation
8.06%
Original Mortgage
$1,280,000
Outstanding Balance
$1,231,565
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$817,520

Purchase Details

Listed on
Jul 11, 2013
Closed on
Apr 10, 2014
Sold by
Cerami Victoria
Bought by
Olguin Michael A
Seller's Agent
Julia Bieber
Compass Greater NY, LLC
Buyer's Agent
Jana Rosenthal
Keller Williams Realty Group
List Price
$1,275,000
Sold Price
$1,295,000
Premium/Discount to List
$20,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$1,000,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2003
Sold by
Cerami Jean
Bought by
Cerami Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2000
Sold by
Howard Jennifer
Bought by
Grace Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
7.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2000
Sold by
Grace Associates Llc
Bought by
Charles Daniel P and Charles Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
7.13%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asp Ernest R $1,600,000 Thoroughbred Title
Olguin Michael A $1,295,000 Multiple
Cerami Victoria $1,200,000 The Judicial Title Ins Agenc
Grace Associates Llc -- Fidelity National Title Ins
Charles Daniel P $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asp Ernest R $1,280,000
Previous Owner Olguin Michael A $1,000,000
Previous Owner Cerami Victoria $900,000
Previous Owner Charles Daniel P $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2022 10/17/22 Sold $1,600,000 +0.3% $597 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,595,000 +23.2% $595 / Sq Ft
04/10/2014 04/10/14 Sold $1,295,000 +1.6% $491 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $1,275,000 -- $483 / 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 $25,028 $20,650 $5,400 $15,250
2023 $24,687 $20,650 $5,400 $15,250
2022 $24,725 $22,500 $5,400 $17,100
2021 $24,651 $22,500 $5,400 $17,100
2020 $24,351 $22,500 $5,400 $17,100
2019 $9,895 $22,500 $5,400 $17,100
2018 $18,007 $22,500 $5,400 $17,100
2017 $13,530 $22,500 $5,400 $17,100
2016 $9,206 $22,500 $5,400 $17,100
2015 -- $22,500 $5,400 $17,100
2014 -- $22,500 $5,400 $17,100
2013 -- $22,500 $5,400 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6196935

OneKey® MLS

APN: 1400-146-011-00001-000-0070