NOT LISTED FOR SALE

514 Forest Ave Rye, NY 10580

Estimated Value: $1,692,743 - $2,482,000

5 Beds
4 Baths
2,734 Sq Ft
$803/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $1,305,000 $477 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $13,672/month

15 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Deck
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Property is near public transit

About This Home

As of June 2015

Location, Location, Location. Fabulous opportunity to purchase in sought after Milton Point, One block from the Long Island Sound, walk to schools, shops and beach. This classic center hall colonial has great flow, light and beautiful hardwood floors throughout. Gracious living room with fireplace. Opens into Family Room/sunroom. Dining room provides space to entertain and has wonderful views of Long Island Sound. Updated eat in kitchen with granite counters. Sliding doors from kitchen open to rear deck, another room for Summer Living! Laundry Room on first floor. Master Bedroom suite and Sitting RM. 3 Family Bedrooms and Hall bath on second floor, 5th bedroom and bath on 3rd floor. Abundant storage. Fenced yard with beautiful magnolia tree. Opportunity not to be missed!

Last Agent to Sell the Property

Frances Buckley

Julia B Fee Sothebys Int. Rlty Brokerage Phone: 914-967-4600 License #40BU0816423 Listed on: 02/08/2015

Last Buyer's Agent

Mariko Hashimoto

William Raveis-New York LLC License #40HA0850278

William Raveis-New York LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,731

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,734 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • Golf Course Community
  • Park

Listing and Financial Details

  • Exclusions: Curtains/Drapes
  • Assessor Parcel Number 1400-146-019-00006-000-0014

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,731

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: Curtains/Drapes
  • Year Built: 1917
  • Attribution Contact: 914-967-4600
  • Village: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Master Bath
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Full, Unfinished
  • Inclusions: B/I Shelves,Dishwasher,Dryer,Refrigerator,Screens,Shades/Blinds,Wall to Wall Carpet,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 2734
  • AtticDescription: Full,Partially Finished,Walkup
  • SquareFootage: 2734.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Fencing: Back Yard
  • View: Panoramic, Water
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Golf, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.1600
  • Lot Size Sq Ft: 6970
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-146-019-00006-000-0014
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 13731
  • Tax Map Number: 1400-146-019-00006-000-0014
  • IncludedInTaxes: Sewer,Trash,Water

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
Feb 8, 2015
Closed on
Jun 30, 2015
Sold by
Somma Dan C and Somma Nancy F
Bought by
Cameron Duncan B and Cameron Caroline
Seller's Agent
Frances Buckley
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Mariko Hashimoto
William Raveis-New York LLC
List Price
$1,295,000
Sold Price
$1,305,000
Premium/Discount to List
$10,000
0.77%
Current Estimated Value
$2,196,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,686
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,044,000
Outstanding Balance
$814,618
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,382,068

Purchase Details

Closed on
Apr 5, 2007
Sold by
Somma Dan C and Somma Nancy F
Bought by
Somma Dan C and Somma Nancy F
Source: Public Records
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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
Cameron Duncan B $1,305,000 The Judicial Title Ins Agenc
Somma Dan C -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cameron Duncan B $1,044,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $1,305,000 +0.8% $477 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $1,295,000 -- $474 / 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 -- $17,025 $4,150 $12,875
2023 $18,003 $17,025 $4,150 $12,875
2022 $16,593 $15,100 $4,150 $10,950
2021 $16,544 $15,100 $4,150 $10,950
2020 $16,342 $15,100 $4,150 $10,950
2019 $6,641 $15,100 $4,150 $10,950
2018 $12,085 $15,100 $4,150 $10,950
2017 $3,869 $15,100 $4,150 $10,950
2016 $6,178 $15,100 $4,150 $10,950
2015 -- $15,100 $4,150 $10,950
2014 -- $14,500 $4,150 $10,350
2013 -- $14,500 $4,150 $10,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4503958

OneKey® MLS

APN: 1400-146-019-00006-000-0014