NOT LISTED FOR SALE

516 Forest Ave Rye, NY 10580

Estimated Value: $1,473,158 - $1,834,000

4 Beds
2 Baths
2,330 Sq Ft
$740/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,247,500 $535 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,009/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Corner Lot
  • Rye Middle School Rated A+
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of June 2021

Easy stroll to Rye Town Park & Beach, deli and pharmacy from this delightful and well maintained 1924 Colonial w/many upgrades! This home offers the ideal balance of charming detailing, such as built-ins and interior paneled drs, w/updated stylish kitchen & bths. Entry foyer opens to the spacious LR w/fpl and French drs to the private den w/tile flooring & beamed ceiling. The mainstay of the house is the spacious FR enveloped in light w/access to yard and to the chef-friendly kitchen featuring marble counters, stainless appliances including a Viking stove & custom cabinetry. Conveniently located off the kitchen is the home office w/built in mahogany desk & shelving and the updated, classic full bth. 2nd flr living space offers inviting bth w/marble tub/subway tiling/dual pedestal sinks and 4 bdrms including the master. Nestled on .15 attractively landscaped acres in the heart of Rye. Rye City has the lowest effective tax rate in Westchester Cnty.

Last Agent to Sell the Property

Joan O'Meara

Houlihan Lawrence Inc. License #30OM0831696 Listed on: 02/24/2021

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,368

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Heating System

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Heated By Indirect Tank

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-019-00006-000-0015

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,368

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1924
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2330.00
  • Square Footage: 2330.00

Exterior Features

  • Construction Materials: Other, HardiPlank Type, Stone
  • Exterior Features: Sprinkler Lawn System

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, Radiant, Solar
  • Hot Water: Indirect Tank
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.1500
  • Lot Size Area: 0.1500
  • Lot Size Sq Ft: 6534.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level
  • Parcel Number: 1400-146-019-00006-000-0015
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-06-01
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 15368.00
  • Tax Map Number: 1400-146-019-00006-000-0015

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
Feb 24, 2021
Closed on
May 28, 2021
Sold by
Nelson Stanley and Nelson Anne
Bought by
Goll Matthew Edward and Goll Amanda Lewis
Seller's Agent
Joan O'Meara
Houlihan Lawrence Inc.
List Price
$1,225,000
Sold Price
$1,247,500
Premium/Discount to List
$22,500
1.84%
Current Estimated Value
$1,723,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,040
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Isaacs Natalie
Bought by
Nelson Stanley and Nelson Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,200
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1997
Sold by
Isaacs Harry C and Isaacs Natalie
Bought by
Isaacs Natalie
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
Goll Matthew Edward $1,247,500 Thoroughbred Title Svcs Llc
Nelson Stanley $554,000 The Judicial Title Ins Agenc
Isaacs Natalie -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Stanley $3,950,000
Previous Owner Nelson Stanley $300,000
Previous Owner Nelson Stanley $90,700
Previous Owner Nelson Stanley $105,000
Previous Owner Nelson Stanley $81,000
Previous Owner Nelson Stanley $443,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,247,500 +1.8% $535 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,225,000 -- $526 / 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 $19,635 $16,200 $4,150 $12,050
2023 $18,378 $16,200 $4,150 $12,050
2022 $17,802 $16,200 $4,150 $12,050
2021 $15,558 $16,200 $4,150 $12,050
2020 $15,368 $14,200 $4,150 $10,050
2019 $6,245 $14,200 $4,150 $10,050
2018 $11,365 $14,200 $4,150 $10,050
2017 $3,638 $14,200 $4,150 $10,050
2016 $5,810 $14,200 $4,150 $10,050
2015 -- $14,200 $4,150 $10,050
2014 -- $14,200 $4,150 $10,050
2013 -- $14,200 $4,150 $10,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6097502

OneKey® MLS

APN: 1400-146-019-00006-000-0015