NOT LISTED FOR SALE

612 Forest Ave Rye, NY 10580

Estimated Value: $4,001,000 - $6,123,000

6 Beds
6.5 Baths
6,233 Sq Ft
$840/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $5,200,000 $834 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $35,287/month

13 Days on Market

Highlights

  • Water Views
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Rye Middle School Rated A+
  • Heated Floors
  • 1-minute walk to Rye Town Park

About This Home

As of March 2023

This just completed custom home built by CADCO is designed for its setting, offering Rye shoreline water views that look thru the Rye Town Park. Clean lines, enduring materials, exacting workmanship, and a feel of distinctive elegance are the builder's trademarks. Enduring materials such as Stone, stucco, and cedar shingles complement this home's unique setting. Over 6200 sq ft of interior living space and vibrant entertaining areas, indoors and outdoors, are enhanced by high ceilings and natural light. Expansive covered porches two in front and one that extends over the entire back perimeter of the house, total 1380 sf. Lynx gas grill installed in rear porch immediately off the kitchen for entertainment ease. Magnificent views of the park and Long Island Sound. Half mile from Milton Elementary school. Assessment is partial TBD. Buyers pay NY state transfer tax.

Last Agent to Sell the Property

Jennifer Holmes

Julia B Fee Sothebys Int. Rlty License #40HO0856713 Listed on: 01/05/2023

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,205

Year Built

  • Built in 2023

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Colonial Architecture
  • Blown-In Insulation
  • Shake Siding
  • Stucco
  • Cedar

Interior Spaces

  • 6,233 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Casement Windows
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Home Security System
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Stainless Steel Appliances
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room
  • Double Vanity
  • Soaking Tub

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Heated By Indirect Tank
  • Natural Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-007-00003-000-0067

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,205

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2023
  • Attribution Contact: 914-967-4600
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Interior Amenities: Cathedral Ceiling(s), Chefs Kitchen, Double Vanity, Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Heated Floors, High Ceilings, High Speed Internet, Home Office, Kitchen Island, Marble Bath, Marble Countertops, Master Bath, Open kitchen, Pantry, Powder Room, Soaking Tub
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Door Features: ENERGY STAR Qualified Doors
  • Common Walls: No Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Finished
  • Inclusions: See Remarks
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 6233.00
  • Window Features: Casement Windows, ENERGY STAR Qualified Windows
  • Square Footage: 6233.00

Exterior Features

  • Construction Materials: Blown-In Insulation, Cedar, Shake Siding, Stucco
  • View: Panoramic, Water
  • Exterior Features: Balcony, Sprinkler Lawn System
  • Patio and Porch Features: Patio
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Forced Air, Radiant
  • Hot Water: Gas Stand Alone, Indirect Tank
  • Heating Zones: 4
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.3400
  • Lot Size Area: 0.3400
  • Lot Size Sq Ft: 14784.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-153-007-00003-000-0067
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-01
  • Included in Taxes: Sewer, Trash
  • Tax Map Number: 1400-153-007-00003-000-0067

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
Jan 5, 2023
Closed on
Mar 1, 2023
Sold by
Amcap Rentals Ii Llc
Bought by
612 Forest Ave Associates Llc
Seller's Agent
Jennifer Holmes
Julia B Fee Sothebys Int. Rlty
List Price
$5,200,000
Sold Price
$5,200,000
Views
43
Current Estimated Value
$5,234,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,237
Avg. Annual Appreciation
0.26%

Purchase Details

Listed on
Apr 28, 2015
Closed on
Apr 15, 2015
Sold by
Gilmartin Brian and Gilmartin Mary
Bought by
Amcap Rentals Ii Llc
Seller's Agent
Jennifer Holmes
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Enid Pinto
Houlihan Lawrence Inc.
Sold Price
$10,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$1,236,750
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1999
Sold by
Mcdermott Robert A and Mcdermott Ellen Dineen
Bought by
Gilmartin Brian and Gilmartin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
612 Forest Ave Associates Llc $5,200,000 Future Title
Amcap Rentals Ii Llc $1,649,000 Fidelity National Title
Gilmartin Brian $410,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amcap Rentals Ii Llc $1,500,000
Previous Owner Amcap Rentals Ii Llc $1,236,750
Previous Owner Gilmartin Mary $9,010
Previous Owner Gilmartin Brian $415,449
Previous Owner Gilmartin Brian $349,000
Previous Owner Gilmartin Brian $150,000
Previous Owner Gilmartin Brian $80,776
Previous Owner Gilmartin Brian $101,925
Previous Owner Gilmartin Brian $125,000
Previous Owner Gilmartin Brian $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $5,200,000 0.0% $834 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $5,200,000 0.0% $834 / Sq Ft
04/28/2015 04/28/15 For Rent $10,650 0.0% --
04/28/2015 04/28/15 Rented $10,650 0.0% --
04/16/2015 04/16/15 Sold $1,649,000 0.0% $604 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $1,649,000 -- $604 / 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 $81,205 $67,000 $5,600 $61,400
2023 $52,860 $67,000 $5,600 $61,400
2022 $25,879 $39,500 $5,600 $33,900
2021 $25,802 $23,550 $5,600 $17,950
2020 $25,487 $23,550 $5,600 $17,950
2019 $10,357 $23,550 $5,600 $17,950
2018 $18,848 $23,550 $5,600 $17,950
2017 $14,161 $23,550 $5,600 $17,950
2016 $9,635 $23,550 $5,600 $17,950
2015 -- $23,550 $5,600 $17,950
2014 -- $23,550 $5,600 $17,950
2013 -- $23,550 $5,600 $17,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6224366

OneKey® MLS

APN: 1400-153-007-00003-000-0067