NOT LISTED FOR SALE

702 Forest Ave Rye, NY 10580

Estimated Value: $5,758,102 - $7,453,000

7 Beds
7.5 Baths
8,401 Sq Ft
$803/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $4,400,000 $524 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $41,769/month

6 Days on Market

Highlights

  • 0.92 Acre Lot
  • Colonial Architecture
  • 4 Fireplaces
  • Rye Middle School Rated A+
  • Main Floor Bedroom
  • 3-minute walk to Rye Town Park

About This Home

As of June 2020

Stately stone Colonial on coveted Milton Point built in 2007 with only one owner feels like new construction & is on .92 of an acre. This home will check all your boxes for layout+ lifestyle. Walk to Milton School, beach & park. Your dog will love playdates at the park. This home & Rye offer an unparalleled lifestyle. Some of the many things we love about this spectacular home are: stone pillared circular driveway, kitchen opening to family room with wood burning fireplace, walls of windows, great outdoor space, wood paneled office with fireplace, bedroom & full bath on 1st floor, large mudroom, master suite has 2 gorgeous full baths (your very own bathroom) & sitting area with fireplace, laundry room on 2nd floor with 5 bedrooms & 5 full baths, balcony over backyard, fabulous walk out lower level with gym, craft room, recreation/tv space, bedroom & full bath, slate roof, 4 masonry fireplaces & 3 car garage. Tax assessment equals a value of $5.392. Additional Information: ParkingFeatures:3 Car Attached,

Last Agent to Sell the Property

Kimberly Arenas

Compass Greater NY, LLC License #40AR1147578 Listed on: 02/24/2020

Compass Greater NY, LLC

Last Buyer's Agent

Joan O'Meara

Houlihan Lawrence Inc. License #30OM0831696

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,382

Year Built

  • Built in 2007

Lot Details

  • 0.92

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 8,401 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Formal Dining Room
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

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

Additional Features

  • 0.92 Acre Lot
  • Property is near schools

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-011-00001-000-0018

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,382

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2007
  • Building Stories: 3
  • CurrentPrice: 4400000.00
  • CurrentPrice_By_LivingArea: 523.74717
  • ListPrice_By_LivingArea: 523.15201
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 4755464.1852
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Formal Dining, First Floor Bedroom, Primary Bathroom, Walk-In Closet(s)
  • Fireplaces: 4
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 8401
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Frame, Stone
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Hydro Air, Natural Gas
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Private
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.9242
  • Lot Size Sq Ft: 40258
  • Lot Features: Near School
  • Parcel Number: 1400-153-011-00001-000-0018
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 89382
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jun 4, 2020
Sold by
Gordon David A and Gordon Kimberly A
Bought by
Alberi Scott and Alberi Eileen
Seller's Agent
Kimberly Arenas
Compass Greater NY, LLC
Buyer's Agent
Joan O'Meara
Houlihan Lawrence Inc.
List Price
$4,395,000
Sold Price
$4,400,000
Premium/Discount to List
$5,000
0.11%
Current Estimated Value
$6,744,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,344,701
Avg. Annual Appreciation
7.85%
Original Mortgage
$3,080,000
Outstanding Balance
$2,693,126
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,051,575

Purchase Details

Closed on
Sep 27, 2007
Sold by
Tomczyk Leo and Tomczyk Dorothea
Bought by
Gordon David A and Gordon Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Rothbart Michael J
Bought by
Tomczyk Leo and Tomczyk Dorothea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Alberi Scott $4,400,000 First American Title Ins Co
Gordon David A $4,500,000 Future Title Company Inc
Tomczyk Leo $1,650,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberi Scott $3,080,000
Previous Owner Gordon David A $3,600,000
Previous Owner Tomczyk Leo $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $4,400,000 -- --
06/04/2020 06/04/20 Sold $4,400,000 +0.1% $524 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $4,395,000 -- $523 / 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 -- $71,475 $11,300 $60,175
2023 $81,086 $71,475 $11,300 $60,175
2022 $78,542 $71,475 $11,300 $60,175
2021 $77,131 $71,475 $11,300 $60,175
2020 $89,285 $70,400 $11,300 $59,100
2019 $36,283 $82,500 $11,300 $71,200
2018 $66,026 $82,500 $11,300 $71,200
2017 $21,137 $82,500 $11,300 $71,200
2016 $33,754 $82,500 $11,300 $71,200
2015 -- $82,500 $11,300 $71,200
2014 -- $82,500 $11,300 $71,200
2013 -- $82,500 $11,300 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6009950

OneKey® MLS

APN: 1400-153-011-00001-000-0018