NOT LISTED FOR SALE

74 Island Dr Rye, NY 10580

Estimated Value: $6,043,231 - $8,158,000

5 Beds
4.5 Baths
5,582 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $4,850,000 $869 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $45,756/month

Highlights

  • Docks
  • In Ground Pool
  • Waterfront
  • Rye Middle School Rated A+
  • Gated Community
  • 0.74 Acre Lot

About This Home

As of October 2020

Live an idyllic vacation lifestyle all year round in this direct waterfront on Manursing Island. Newly priced and staged home accentuates sun-filled water views with easy indoor/outdoor living in the only 24 hour security gated community in Rye. Privately nestled home directly on the sanctuary of Mill Pond with panoramic water views. Custom built 2004 remodeled home built of the finest materials designed to enhance views throughout the living spaces. Architectural details include vaulted ceiling in large family room off kitchen with walls of sliding doors out to the patio, parquet floors and french doors in gracious living room with access to terrace. Extensive elevated patios overlooking stunning in-ground heated pool. Unique and special location. Association dock and access to private association beach. Not to be missed. Sewer hook up on street. Special features available. First floor bedroom/den with full bath in hall. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,

Last Agent to Sell the Property

Ellen Stern

Julia B Fee Sothebys Int. Rlty License #10301217085 Listed on: 01/31/2020

Julia B Fee Sothebys Int. Rlty

Co-Listed By

Peggy Shepard

Julia B Fee Sothebys Int. Rlty License #40SH0795210

Last Buyer's Agent

Patti Neave

Compass Greater NY, LLC License #40NE1020349

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,378

Year Built

  • Built in 1949 | Remodeled in 2004

Lot Details

  • 0.74 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Level Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Cottage
  • Advanced Framing
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 5,582 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Awning
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Partial Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Wine Refrigerator
  • Marble Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Water Access
  • Docks
  • Porch

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Association fees include common area maintenance
  • Gated Community

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 1400-147-005-00001-000-0031

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,378

Year Built

Built in 1949 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial, Cottage
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: See Remarks
  • Year Built: 1949
  • Year Built Effective: 2004
  • Co List Office Mls Id: KEYJBFSOT02
  • Co List Office Phone: 914-967-4600
  • Building Stories: 2
  • CurrentPrice: 4850000.00
  • CurrentPrice_By_LivingArea: 868.86421
  • ListPrice_By_LivingArea: 894.84056
  • ListPrice_By_OriginalListPrice: 0.90901
  • ListPrice_By_LotSizeAcres: 6782998.3705
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2004

Interior Features

  • Appliances: Tankless Water Heater, Wine Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, First Floor Bedroom, Marble Counters, Primary Bathroom, Walk-In Closet(s), Wet Bar
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Partial
  • Total Bedrooms: 5
  • Living Area: 5582
  • Other Equipment: Pool Equip/Cover
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Advanced Framing Technique, Shingle Siding, Stone
  • Waterfront Features: Waterfront, Water Access
  • Pool Features: In Ground
  • View: Water
  • Exterior Features: Awning(s), Dock
  • Patio and Porch Features: Porch
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Attached

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Oil, Other, Propane
  • Security: Security System
  • Sewer: Other, Septic Tank
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Other
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Gated

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.7364
  • Lot Size Sq Ft: 32078
  • Lot Features: Cul-De-Sac, Level, Sloped, Sprinklers In Front, Sprinklers In Rear, Views
  • Parcel Number: 1400-147-005-00001-000-0031
  • Property Attached: No

Building Info

  • Building Features: Awning(s)

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 91378
  • Tax Year: 2019

MLS Schools

  • Elementary School: Midland
  • High School: Rye High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Oct 28, 2020
Sold by
Davidson Mary M
Bought by
Muccia Timothy C and Boxer Melissa
Seller's Agent
Ellen Stern
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Patti Neave
Compass Greater NY, LLC
List Price
$5,495,000
Sold Price
$4,850,000
Premium/Discount to List
-$645,000
-11.74%
Current Estimated Value
$7,351,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,501,808
Avg. Annual Appreciation
8.34%
Original Mortgage
$2,500,000
Outstanding Balance
$2,196,457
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,155,351

Purchase Details

Closed on
Jan 3, 2000
Sold by
Howard Janet S
Bought by
Davidson Marvin H
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Muccia Timothy C $4,850,000 Future Title Agenfcy
Davidson Marvin H $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muccia Timothy C $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $4,850,000 -- --
10/28/2020 10/28/20 Sold $4,850,000 -2.9% $869 / Sq Ft
06/26/2020 06/26/20 Price Changed $4,995,000 -4.9% $895 / Sq Ft
03/07/2020 03/07/20 Price Changed $5,250,000 -4.5% $941 / Sq Ft
01/31/2020 01/31/20 For Sale $5,495,000 -- $984 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
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 -- $80,500 $21,550 $58,950
2023 $91,325 $80,500 $21,550 $58,950
2022 $88,460 $80,500 $21,550 $58,950
2021 $92,689 $80,500 $21,550 $58,950
2020 $91,558 $84,600 $21,550 $63,050
2019 $37,207 $84,600 $21,550 $63,050
2018 $67,707 $84,600 $21,550 $63,050
2017 $50,872 $84,600 $21,550 $63,050
2016 $34,613 $84,600 $21,550 $63,050
2015 -- $84,600 $21,550 $63,050
2014 -- $84,600 $21,550 $63,050
2013 -- $84,600 $21,550 $63,050
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: H6007852

OneKey® MLS

APN: 1400-147-005-00001-000-0031