NOT LISTED FOR SALE

5 Walnut St Unit B8 Rye, NY 10580

Estimated Value: $427,848 - $599,000

1 Bed
1 Bath
740 Sq Ft
$502/mo HOA Fee

Last Sold April 28, 2023

Last sale price $342,500 $463 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,344/month

50 Days on Market

Highlights

  • Beach Front
  • Property is near public transit
  • Main Floor Bedroom
  • Rye Middle School Rated A+
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of April 2023

Welcome to Rye Wood Gardens! Unit B8 is freshly painted, professionally cleaned and ready for its next owner to enjoy all that Rye City offers. This one bedroom CONDO is an excellent investment, starter or downsize property. B8 is a first floor garden apartment offering an updated kitchen with abundant cabinet space and counter seating open to the spacious living and dining area. Updated bathroom, 4 closets, a sizable bedroom, and an assigned parking space complete this great condo package. No need to exit your building for storage and laundry- the lower level staircase is right outside the unit door allowing easy access to your private storage room and the common laundry center. The downtown location is prime! Walk to Rye's quaint and thriving "Main Street", metro north, schools, YMCA, library, worship, nature center and the Rye Arts Center. Residents have the option to enjoy beach access, membership to the Rye Golf Club and the Rye Marina. Pets are welcome and renting is allowed.

Last Agent to Sell the Property

Deborah Nye

Julia B Fee Sothebys Int. Rlty License #40NY1133177 Listed on: 02/02/2023

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Brittany Sandarciero

Keller Williams NY Realty License #10401225181

Keller Williams NY Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 1956

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 740 Sq Ft Home
  • 2-Story Property
  • Storage
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 1400-146-011-00001-000-0033-8

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal, trash, sewer, heat, hot water

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,296

Year Built

Built in 1956

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Garden Apartment
  • Property SubType: Condominium
  • Levels: One
  • Year Built: 1956
  • Ownership: Condo
  • Subdivision Name: Rye Wood Gardens
  • Village: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Basement: See Remarks, Walk-Out Access
  • Inclusions: A/C Units,Dishwasher,Microwave,Refrigerator,Shades/Blinds
  • Stories: 2
  • Entry Level: 1
  • Total Bedrooms: 1
  • Living Area: 740
  • AtticDescription: None
  • SquareFootage: 740.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Frame
  • Waterfront Features: Beach Front

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned, Parking Lot

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Other, Snow Removal, Trash, Sewer, Heat, Hot Water
  • Association Fee: 502
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Rye Wood Gardens
  • ManagementPhone: 914-725-3600
  • AdditionalFeeDescription: Assessment
  • AdditionalFeeFrequency: Monthly
  • Management: Stillman

Association/Amenities

  • Community Features: Park

Fee Information

  • AdditionalFeesYN: 1

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-011-00001-000-0033-8
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call
  • RentingAllowedYN: 1

Tax Info

  • Tax Annual Amount: 3296
  • Tax Map Number: 1400-146-011-00001-000-0033-8
  • IncludedInTaxes: Sewer

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
Feb 2, 2023
Closed on
Apr 28, 2023
Sold by
Murphy Patrick
Bought by
Cavaliere Danielle
Seller's Agent
Deborah Nye
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Brittany Sandarciero
Keller Williams NY Realty
List Price
$359,999
Sold Price
$342,500
Premium/Discount to List
-$17,499
-4.86%
Views
108
Current Estimated Value
$484,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,712
Avg. Annual Appreciation
14.86%
Original Mortgage
$308,250
Outstanding Balance
$299,569
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$184,643

Purchase Details

Closed on
Feb 8, 2010
Sold by
Mcnamara Mark
Bought by
Murphy Patrick and Murphy Donna
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
Cavaliere Danielle $342,500 Judicial Title
Murphy Patrick $190,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavaliere Danielle $308,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $342,500 -4.9% $463 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $359,999 0.0% $486 / Sq Ft
03/08/2023 03/08/23 For Sale $359,999 +5.1% $486 / Sq Ft
03/01/2023 03/01/23 Off Market $342,500 -- --
02/02/2023 02/02/23 For Sale $379,999 -- $514 / 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 $3,636 $3,000 $100 $2,900
2023 $3,403 $3,000 $100 $2,900
2022 $3,339 $3,000 $100 $2,900
2021 $3,497 $3,192 $100 $3,092
2020 $3,455 $3,192 $100 $3,092
2019 $1,404 $3,192 $100 $3,092
2018 $2,555 $3,192 $100 $3,092
2017 $0 $3,192 $100 $3,092
2016 $1,306 $3,192 $100 $3,092
2015 -- $3,192 $100 $3,092
2014 -- $3,192 $100 $3,092
2013 -- $3,192 $100 $3,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6229080

OneKey® MLS

APN: 1400-146-011-00001-000-0033-8