NOT LISTED FOR SALE

7 Philips Ln Rye, NY 10580

Estimated Value: $2,655,107 - $4,923,000

3 Beds
2.5 Baths
3,042 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $2,150,000 $707 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $22,383/month

7 Days on Market

Highlights

  • Water Views
  • Water Access
  • Colonial Architecture
  • Rye Middle School Rated A+
  • 0.39 Acre Lot
  • 1 Fireplace

About This Home

As of November 2021

Open floor plan modern Colonial nestled on a cul-de-sac in sought-after Milton Point neighborhood. Enjoy a vacation lifestyle at home with private access to a shared dock and deep-water mooring and beautiful views of Forest Cove. Enjoy shorts walks to Milton Elementary School, parks and beaches. The open design is well suited for entertaining and casual living - perfect for a modern lifestyle. Central entry hall opens to spacious living room and family room with vaulted ceilings, home office and sun-filled dine-in kitchen. Second floor living space features master bedroom suite with large ensuite bath and walk-in closet, 2 spacious bedrooms and a hall bath. Sited on .39 level acres with deck - just steps away from Long Island Sound. Rye City has the lowest effective tax rate in Westchester County.

Last Agent to Sell the Property

Joan O'Meara

Houlihan Lawrence Inc. License #30OM0831696 Listed on: 05/13/2021

Houlihan Lawrence Inc.

Last Buyer's Agent

Nancy Neuman

Coldwell Banker Realty License #30NE0916810

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,534

Year Built

  • Built in 1977

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • No Attic
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • Association fees include ground maintenance

Listing and Financial Details

  • Assessor Parcel Number 1400-153-011-00002-000-0023

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,534

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial, Contemporary
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1977
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 3042.00
  • Square Footage: 3042.00

Exterior Features

  • Construction Materials: Other, Wood Siding
  • Waterfront Features: Water Access
  • View: Other, Water
  • Exterior Features: Sprinkler Lawn System
  • View YN: Yes

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: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Additional Fee Description: Dock Maintenance
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.3900
  • Lot Size Sq Ft: 16988.00
  • Lot Size Units: Acres
  • Lot Features: Level, Cul-De-Sec
  • Parcel Number: 1400-153-011-00002-000-0023
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-04
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 41534.00
  • Tax Map Number: 1400-153-011-00002-000-0023

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
May 13, 2021
Closed on
Nov 3, 2021
Sold by
Muldowney Peter
Bought by
Toulouse Brendan and Toulouse Mary E
Seller's Agent
Joan O'Meara
Houlihan Lawrence Inc.
Buyer's Agent
Nancy Neuman
Coldwell Banker Realty
List Price
$2,195,000
Sold Price
$2,150,000
Premium/Discount to List
-$45,000
-2.05%
Current Estimated Value
$3,593,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,443,277
Avg. Annual Appreciation
13.11%
Original Mortgage
$1,720,000
Outstanding Balance
$1,573,438
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,019,839

Purchase Details

Closed on
Oct 28, 1998
Sold by
Gennarelli Charles
Bought by
Muldowney Peter and Muldowney Kate
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
Toulouse Brendan $2,150,000 Future Title Agency Inc
Muldowney Peter $970,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toulouse Brendan $1,720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $2,150,000 -2.1% $707 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $2,195,000 0.0% $722 / Sq Ft
05/10/2021 05/10/21 Price Changed $2,195,000 +2.1% $722 / Sq Ft
05/10/2021 05/10/21 Off Market $2,150,000 -- --
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 -- $31,600 $13,300 $18,300
2023 $35,849 $31,600 $13,300 $18,300
2022 $7,905 $31,600 $13,300 $18,300
2021 $7,233 $35,700 $13,300 $22,400
2020 $41,667 $38,500 $13,300 $25,200
2019 $16,932 $38,500 $13,300 $25,200
2018 $30,812 $38,500 $13,300 $25,200
2017 $9,864 $38,500 $13,300 $25,200
2016 $15,752 $38,500 $13,300 $25,200
2015 -- $38,500 $13,300 $25,200
2014 -- $38,500 $13,300 $25,200
2013 -- $38,500 $13,300 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6105665

OneKey® MLS

APN: 1400-153-011-00002-000-0023