NOT LISTED FOR SALE

68 Elmwood Ave Rye, NY 10580

Estimated Value: $1,877,000 - $2,255,000

4 Beds
2.5 Baths
2,080 Sq Ft
$980/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $1,780,000 $856 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,038/month

11 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Wood Flooring
  • Rye Middle School Rated A+
  • Deck
  • Full Attic

About This Home

As of April 2021

Location and lifestyle! Sitting just steps from the Rye Town Park and Beach in the magical Rye Gate neighborhood where children ride bikes and shoot hoops in the street is this absolutely move-in ready Colonial. Leave your car at home as you walk to the beach, park, and boardwalk, walk the kids to Milton School, grab a cup of coffee around the corner at Playland Market or grab lunch at On The Way Cafe. This attractive Colonial, with attached 2 car garage and inviting front porch, went through a masterful transformation from 2018-2019, including renovations and updates to most rooms in the house as well as an update of all major systems including heating and cooling, electrical, plumbing and hot water heater. Perfecting the home is the 2019 private back deck with outdoor kitchen and gas firepit, the perfect spot for working from home, dining alfresco with friends or just taking in the sensational sunsets! This home is not to be missed!

Last Agent to Sell the Property

Lisa Murphy

Houlihan Lawrence Inc. License #40MU0966179 Listed on: 01/21/2021

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,838

Year Built

  • Built in 1929 | Remodeled in 2018

Lot Details

  • 6,534 Sq Ft Lot
  • Beach Front

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Walkup Attic
  • Unfinished Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Exclusions: Curtains/Drapes,See Remarks,Selected Window Treatment
  • Assessor Parcel Number 1400-146-019-00005-000-0018

Community Details

Overview

  • Rye Gate Community
  • Rye Gate Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,838

Year Built

Built in 1929 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Subdivision Name: Rye Gate
  • Development Name: Rye Gate
  • Exclusions: Curtains/Drapes,See Remarks,Selected Window Treatment
  • Year Built: 1929
  • Year Built Effective: 2018
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer, Wine Cooler
  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: Full, Unfinished, Walkup
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Inclusions: B/I Shelves, Ceiling Fan, Cook Top, Dishwasher, Dryer, Flat Screen TV Bracket, Gas Grill, Light Fixtures, Microwave, Refrigerator, See Remarks, Shades/Blinds, Speakers Indoor, Wall Oven, Washer, Wine Cooler
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2080.00
  • Square Footage: 2080.00

Exterior Features

  • Construction Materials: Frame, Stone, Stucco
  • Waterfront Features: Beach Front
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Natural Gas, Baseboard, Forced Air, Radiant
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • Lot Size Units: Acres
  • Parcel Number: 1400-146-019-00005-000-0018
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-01-26
  • Lease Considered: No

Tax Info

  • Close Date: 2021-04-14
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 24838.00
  • Tax Map Number: 1400-146-019-00005-000-0018

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 21, 2021
Closed on
Apr 14, 2021
Sold by
Jessop Richard B and Jessop Kelly D
Bought by
Hayes Mark Brian and Boyce Gwendolyn Bisig
Seller's Agent
Lisa Murphy
Houlihan Lawrence Inc.
List Price
$1,595,000
Sold Price
$1,780,000
Premium/Discount to List
$185,000
11.6%
Current Estimated Value
$2,044,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,184
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,335,000
Outstanding Balance
$1,206,308
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$832,256

Purchase Details

Closed on
May 7, 2002
Sold by
Slattery William S and Slattery Laticcia
Bought by
Jessop Richard B and Jessop Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1998
Sold by
Mumford Nicholas Alexander Christopher and Mumford Isabelle Charlotte
Bought by
Slattery William S and Slattery Laticcia

Purchase Details

Closed on
Jul 15, 1998
Sold by
Bird J Michael A
Bought by
Mumford Nicholas and Mumford Isabelle
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
Hayes Mark Brian $1,780,000 Catic Title Ins Co
Jessop Richard B $981,800 --
Slattery William S $585,000 Chicago Title Insurance Co
Mumford Nicholas $900,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Mark Brian $1,335,000
Previous Owner Jessop Richard B $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $1,780,000 0.0% $856 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/26/2021 01/26/21 Off Market $1,780,000 -- --
01/21/2021 01/21/21 For Sale $1,595,000 -- $767 / 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 $27,816 $22,950 $3,700 $19,250
2023 $26,036 $22,950 $3,700 $19,250
2022 $25,219 $22,950 $3,700 $19,250
2021 $25,144 $22,950 $3,700 $19,250
2020 $24,838 $22,950 $3,700 $19,250
2019 $10,093 $22,950 $3,700 $19,250
2018 $18,047 $22,950 $3,700 $19,250
2017 $5,778 $22,550 $3,700 $18,850
2016 $9,226 $22,550 $3,700 $18,850
2015 -- $22,550 $3,700 $18,850
2014 -- $22,550 $3,700 $18,850
2013 -- $22,550 $3,700 $18,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6091090

OneKey® MLS

APN: 1400-146-019-00005-000-0018