NOT LISTED FOR SALE

55 Drake Smith Ln Rye, NY 10580

Estimated Value: $5,087,000 - $6,213,000

5 Beds
5.5 Baths
6,848 Sq Ft
$820/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $4,850,000 $708 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $35,598/month

6 Days on Market

Highlights

  • Floor-to-Ceiling Windows
  • 1.38 Acre Lot
  • Deck
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Property is near public transit

About This Home

As of July 2024

This utterly striking Colonial takes luxury to an all-new level. Introducing a spectacular home on a quiet double cul-de-sac that's just moments from everything walk to downtown Rye and all schools. An architectural beauty nestled on 1.38 glorious acres w/sports-field lawns that rest atop an idyllic woodland oasis. Inside is breathtaking w/a grand 3-story entrance unfolding to 6,848 sf of sunlit immaculate space w/freshly painted gallery art walls, striking Brazilian mahogany flrs, soaring ceilings, 5 bds, 5.1 bths & multiple areas to gather & entertain. This home's stunning chef-friendly kitchen, adjoining FR & elegant LR all open to an expansive deck for the ultimate alfresco lifestyle. Or dine in the FDR & then relax in the adjoining sitting rm - the options are endless. 2nd-floor bdrms are pure serenity, 3 are ensuite including the spa-like primary & 2 have a shared bth. Walk up 3rd floor and fabulous LL w/rec rm w/French drs to covered patio & gym area, lndry rm, wine rm, full bth, custom mdrm, finished storage & access to garage!

Last Agent to Sell the Property

Katherine Irwin

Houlihan Lawrence Inc. Brokerage Phone: (914) 967-7680 License #10401278369 Listed on: 04/02/2024

Houlihan Lawrence Inc.

Co-Listed By

Joan O'Meara

Houlihan Lawrence Inc. Brokerage Phone: (914) 967-7680 License #30OM0831696

Last Buyer's Agent

Paul Murphy

Houlihan Lawrence Inc. License #10401237586

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,675

Year Built

  • Built in 2005

Lot Details

  • 1.38 Acre Lot
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding
  • Clapboard

Interior Spaces

  • 6,848 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Floor-to-Ceiling Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Pedestal Sink
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Exclusions: See Remarks,Selected Light Fixtures
  • Assessor Parcel Number 1400-146-008-00002-000-0022

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,675

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: See Remarks,Selected Light Fixtures
  • Year Built: 2005
  • Attribution Contact: (914) 967-7680
  • Co List Office Mls Id: ONEHOULAW17
  • Co List Office Phone: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Stainless Steel Appliance(s)
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Double Vanity, Eat-in Kitchen, Floor to Ceiling Windows, Formal Dining, Entrance Foyer, Granite Counters, Master Bath, Sink - Pedestal, Powder Room, Soaking Tub, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, See Remarks, Walk-Out Access
  • Inclusions: Central Vacuum,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Shades/Blinds,Speakers Indoor,Wall Oven,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 6848
  • AtticDescription: See Remarks,Walkup
  • SquareFootage: 6848.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Clapboard, Wood Siding
  • Exterior Features: Balcony, Sprinkler System
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Underground

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, Hydro Air
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.38
  • Lot Size Sq Ft: 60113
  • Lot Size Units: Acres
  • Lot Features: Level, Stone/Brick Wall, Near Public Transit, Cul-De-Sec
  • Parcel Number: 1400-146-008-00002-000-0022
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 67675
  • Tax Map Number: 1400-146-008-00002-000-0022
  • IncludedInTaxes: Sewer,Trash

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
Apr 2, 2024
Closed on
Jul 29, 2024
Sold by
Monaghan Thomas Michael and Schwedes Annabel Polley
Bought by
Swanson David and Swanson Kelly
Seller's Agent
Katherine Irwin
Houlihan Lawrence Inc.
Buyer's Agent
Paul Murphy
Houlihan Lawrence Inc.
List Price
$4,795,000
Sold Price
$4,850,000
Premium/Discount to List
$55,000
1.15%
Views
42
Current Estimated Value
$5,616,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,625
Avg. Annual Appreciation
11.57%
Original Mortgage
$3,395,000
Outstanding Balance
$3,340,623
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,276,002

Purchase Details

Closed on
Sep 7, 2007
Sold by
Macelova Lucie
Bought by
Monaghan Thomas Michael and Schwedes Annabel Polley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,712,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Kotyza Marta and Kotyza Stanislav
Bought by
Macelova Lucie

Purchase Details

Closed on
Oct 9, 2002
Sold by
Levine Ted M and Levine Patricia
Bought by
Kotyza Marta and Kotyza Stanislav
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swanson David $4,850,000 Future Title
Monaghan Thomas Michael $3,875,000 Future Title Company Inc
Macelova Lucie -- --
Kotyza Marta $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson David $3,395,000
Previous Owner Monaghan Thomas Michael $2,712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $4,850,000 +1.1% $708 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $4,795,000 -- $700 / 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 $73,691 $60,800 $14,050 $46,750
2023 $64,971 $60,800 $14,050 $46,750
2022 $66,812 $60,800 $14,050 $46,750
2021 $66,613 $60,800 $14,050 $46,750
2020 $69,643 $64,350 $14,050 $50,300
2019 $28,301 $64,350 $14,050 $50,300
2018 $52,477 $64,350 $14,050 $50,300
2017 $0 $70,000 $14,050 $55,950
2016 $28,640 $70,000 $14,050 $55,950
2015 -- $70,000 $14,050 $55,950
2014 -- $70,000 $14,050 $55,950
2013 -- $70,000 $14,050 $55,950
Source: Public Records

Agents Affiliated with this Home

  • Katherine Irwin

    Seller's Agent in 2024

    Katherine Irwin

    Houlihan Lawrence Inc.

    (914) 393-0536

    16 in this area

    21 Total Sales

    Katherine Irwin
    Section Image
  • Joan O'Meara

    Seller Co-Listing Agent in 2024

    Joan O'Meara

    Houlihan Lawrence Inc.

    (914) 329-5329

    90 in this area

    100 Total Sales

    Joan O'Meara
    Section Image
  • Paul Murphy

    Buyer's Agent in 2024

    Paul Murphy

    Houlihan Lawrence Inc.

    (914) 806-6552

    8 in this area

    10 Total Sales

    Paul Murphy
    Section Image
  • Lisa Murphy

    Buyer Co-Listing Agent in 2024

    Lisa Murphy

    Houlihan Lawrence Inc.

    (914) 967-7680

    78 in this area

    92 Total Sales

    Lisa Murphy
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6295946

OneKey® MLS

APN: 1400-146-008-00002-000-0022

New York Westchester County Rye 10580

55 Drake Smith Ln, Rye, NY

Not Listed for Sale

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