NOT LISTED FOR SALE

521 Purchase St Rye, NY 10580

Estimated Value: $1,839,000 - $2,245,000

4 Beds
4.5 Baths
3,654 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $1,310,000 $359 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,136/month

18 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Main Floor Bedroom
  • Purchase School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2020

Spacious well built home perfectly sited on .47 acre and within minutes of downtown Rye. The welcoming front hall with a newly renovated powder room opens to a gracious living room with a large picture window & a few steps up to the dining room. The EIK with high end appliances, vaulted ceiling, center island & custom cabinetry leads to well appointed mudroom/pantry with beverage refrigerator. Off the foyer is a nicely sized bedroom with built-ins & en suite bath. The house also features a sun-filled family room with windows on three sides, gas fireplace, custom built-ins & door to large deck overlooking private rear yard. The fabulous Master Suite has a luxurious bath with radiant heat & oversized custom WIC. The upper level includes a large bedroom, an en suite bath, two walk- in closets & unfinished storage. A few steps down from the family room is the lower level with a bedroom & en suite bath, laundry room, mudroom, storage & access to a two car garage with epoxy floor & a storage system. Great house for entertaining as well as everyday living! Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,

Last Agent to Sell the Property

Nancy Everett

Houlihan Lawrence Inc. License #30EV0831183 Listed on: 02/10/2020

Houlihan Lawrence Inc.

Last Buyer's Agent

Michael McCooey

Compass Greater NY, LLC License #10401255696

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,858

Year Built

  • Built in 1959 | Remodeled in 2010

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Frame Construction
  • Shingle Siding
  • Cedar

Interior Spaces

  • 3,654 Sq Ft Home
  • Built-In Features
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Purchase Elementary School
  • Louis M Klein Middle School
  • Harrison High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2801-000-545-00000-000-0016

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,858

Year Built

Built in 1959 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Year Built: 1959
  • Year Built Effective: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Gas Water Heater, Wine Refrigerator
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Entrance Foyer, Formal Dining, First Floor Bedroom, Granite Counters, Primary Bathroom, Pantry, Walk-In Closet(s)
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: See Remarks
  • Inclusions: Oven/Range
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3654
  • Window Features: Blinds
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Cedar, Frame, Shingle Siding
  • Patio and Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Louis M Klein Middle School

Lot Info

  • Lot Size Acres: 0.4759
  • Lot Size Area: 0.4759
  • Lot Size Sq Ft: 20730
  • Lot Features: Level, Near Public Transit, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 2801-000-545-00000-000-0016
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 30858
  • Tax Year: 2019

MLS Schools

  • Elementary School: Purchase
  • High School: Harrison High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
May 26, 2020
Sold by
Albanese Dominic and Mclaren Eliza
Bought by
Smith Christopher and Fahey Smith Ellen
Seller's Agent
Nancy Everett
Houlihan Lawrence Inc.
Buyer's Agent
Michael McCooey
Compass Greater NY, LLC
List Price
$1,349,000
Sold Price
$1,310,000
Premium/Discount to List
-$39,000
-2.89%
Current Estimated Value
$1,982,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,312
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 29, 2018
Sold by
Welhoelter Michael A and Welhoelter Leslie
Bought by
Albanese Dominic and Mclaren Eliza
Seller's Agent
Joan O'Meara
Houlihan Lawrence Inc.
Buyer's Agent
Nancy Everett
Houlihan Lawrence Inc.
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Reid Francis J and Reid Virginia S
Bought by
Welhoelter Michael A and Welhoelter Leslie

Purchase Details

Closed on
Oct 8, 2009
Sold by
Spizzirro Filbert E and Spizzirro Anne M
Bought by
Reid Francis J and Reid Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5%
Mortgage Type
New Conventional
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
Smith Christopher $1,310,000 Future Title Agency Inc
Albanese Dominic $1,295,000 Catic Title Insurance Oc
Welhoelter Michael A $1,225,000 Thoroughbred Title Svcs Llc
Reid Francis J $975,000 New York Title Research Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Francis J $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $1,310,000 -- --
05/26/2020 05/26/20 Sold $1,310,000 -2.9% $359 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $1,349,000 +4.2% $369 / Sq Ft
06/29/2018 06/29/18 Sold $1,295,000 0.0% $396 / Sq Ft View Prior Sale
05/02/2018 05/02/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,295,000 -- $396 / 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 $33,117 $20,000 $2,500 $17,500
2023 $36,207 $20,000 $2,500 $17,500
2022 $31,178 $20,000 $2,500 $17,500
2021 $30,529 $20,000 $2,500 $17,500
2020 $33,890 $20,000 $2,500 $17,500
2019 $32,455 $20,000 $2,500 $17,500
2018 $20,101 $20,000 $2,500 $17,500
2017 $0 $20,000 $2,500 $17,500
2016 $30,091 $20,000 $2,500 $17,500
2015 -- $20,000 $2,500 $17,500
2014 -- $20,000 $2,500 $17,500
2013 -- $20,000 $2,500 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6012539

OneKey® MLS

APN: 2801-000-545-00000-000-0016