NOT LISTED FOR SALE

508 Milton Rd Rye, NY 10580

Estimated Value: $1,109,424 - $1,421,000

3 Beds
2.5 Baths
1,620 Sq Ft
$803/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $780,000 $481 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,099/month

108 Days on Market

Highlights

  • Water Access
  • Colonial Architecture
  • Property is near public transit
  • Rye Middle School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of January 2019

Move right into this iconic, picture-perfect three bedroom home located in the heart of Rye on a spacious lot with a three-car garage. This meticulously updated colonial is located in a sought-after location; near award-winning Milton School, Rye Middle & Rye High School. 4 blocks from Rye Town Beach and Park. This pristine home has been thoughtfully updated with new hardwood floors, stainless steel appliances, and three updated bathrooms. Enjoy the perfect layout of three generously sized, well-lit bedrooms and a laundry room on the 2nd floor. Entertain from the privacy of the oversized deck. Playground, grill & deck furniture included. Walk to all; charming Rye downtown, marina, cafes, boardwalk, pizzeria, wine store & more. Once in a lifetime opportunity to own a piece of Rye history, all just 26 miles from NYC. Low taxes. This is the ideal home for those starting out in Rye, "Right Sizers", and investment rental opportunity seekers!

Last Agent to Sell the Property

Elizabeth Berg

Houlihan Lawrence Inc. Brokerage Phone: 914-967-7680 License #10401204219 Listed on: 07/10/2018

Last Buyer's Agent

Danielle Longhitano

Julia B Fee Sothebys Int. Rlty License #10401280899

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,028

Year Built

  • Built in 1920 | Remodeled in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Outdoor Features

  • Water Access
  • Deck

Location

  • Property is near public transit

Schools

  • Milton Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-006-00001-000-0076

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,028

Year Built

Built in 1920 | Remodeled in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1920
  • Year Built Effective: 2016
  • Attribution Contact: 914-967-7680
  • Village: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Microwave
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Powder Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: Alarm System,Microwave,Playset
  • Total Bedrooms: 3
  • Living Area: 1620
  • AtticDescription: Pull Stairs
  • SquareFootage: 1620.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • Waterfront Features: Water Access
  • Fencing: Back Yard
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 0.1900
  • Lot Size Sq Ft: 8276
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-153-006-00001-000-0076
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 11028
  • Tax Map Number: 1400-153-006-00001-000-0076
  • IncludedInTaxes: Sewer,Trash

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jan 17, 2019
Sold by
Curran William A
Bought by
Grise Steven M and Grise Sarah G
Seller's Agent
Elizabeth Berg
Houlihan Lawrence Inc.
Buyer's Agent
Danielle Longhitano
Julia B Fee Sothebys Int. Rlty
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,300,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,106
Avg. Annual Appreciation
7.31%
Original Mortgage
$624,000
Outstanding Balance
$550,802
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$697,006

Purchase Details

Closed on
Oct 28, 2003
Sold by
Gendron Fred L and Gendron Fred L
Bought by
Mehler Jason L and Mehler Carin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Gendron Fred L
Bought by
Gendron Fred L

Purchase Details

Closed on
Nov 28, 1998
Sold by
Gendron Fred L and Gendron Doris M
Bought by
Gendron Fred L
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
Grise Steven M $780,000 Catic Title Insurance Co
Mehler Jason L $422,750 Stewart Title Insurance Co
Gendron Fred L -- --
Gendron Fred L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grise Steven M $624,000
Previous Owner Curran William A $2,084
Previous Owner Mehler Jason L $100,000
Previous Owner Mehler Jason L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $780,000 -2.4% $481 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $799,000 -- $493 / 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 $14,059 $11,600 $4,000 $7,600
2023 $13,160 $11,600 $4,000 $7,600
2022 $12,747 $11,600 $4,000 $7,600
2021 $12,709 $11,600 $4,000 $7,600
2020 $12,554 $11,600 $4,000 $7,600
2019 $5,102 $11,600 $4,000 $7,600
2018 $8,374 $11,600 $4,000 $7,600
2017 $2,972 $11,600 $4,000 $7,600
2016 $4,746 $11,600 $4,000 $7,600
2015 -- $11,600 $4,000 $7,600
2014 -- $11,600 $4,000 $7,600
2013 -- $11,600 $4,000 $7,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4831769

OneKey® MLS

APN: 1400-153-006-00001-000-0076