NOT LISTED FOR SALE

740 Old Milton Rd Rye, NY 10580

Estimated Value: $5,064,000 - $7,230,000

6 Beds
6.5 Baths
6,135 Sq Ft
$960/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $5,125,000 $835 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $36,684/month

129 Days on Market

Highlights

  • Docks
  • Waterfront
  • Colonial Architecture
  • Rye Middle School Rated A+
  • 0.87 Acre Lot
  • Cathedral Ceiling

About This Home

As of July 2013

Rare opportunity to own a spectacular 2009-built waterfront home located in an exclusive private enclave on Milton Point. Stunning Video Tour available. Enjoy all the exceptional details of a custom-designed modern home constructed with the finest materials & amenities and finished with the most elegant contemporary interior decor. Set on 0.87 acres, this majestic home offers all the advantages of waterfront living including boating, kayaking, private dock and breathtaking views & sunsets.

Last Agent to Sell the Property

Fiona Dogan

Julia B Fee Sothebys Int. Rlty Brokerage Phone: 914-967-4600 License #40DO1173555 Listed on: 02/28/2013

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Michael Holmes

Julia B Fee Sothebys Int. Rlty License #40HO0708202

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,416

Year Built

  • Built in 2009

Lot Details

  • 0.87 Acre Lot
  • Waterfront
  • Sprinkler System
  • Zoning described as R4

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 6,135 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Home Security System
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Outdoor Features

  • Water Access
  • Docks
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1400-153-010-00001-000-0019

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,416

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2009
  • Attribution Contact: 914-967-4600
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 6135
  • SquareFootage: 6135.00

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Waterfront Features: Water Access, Waterfront
  • View: Other
  • Exterior Features: Balcony, Sprinkler System, Dock
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Attached, 3 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air, Radiant
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 0.87
  • Lot Dimensions: 0.8700
  • Lot Size Sq Ft: 37897
  • Lot Size Units: Acres
  • Parcel Number: 1400-153-010-00001-000-0019
  • Zoning Description: R4
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 63416
  • Tax Map Number: 1400-153-010-00001-000-0019

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
Feb 28, 2013
Closed on
Jul 31, 2013
Sold by
On Sam H and On Polen H
Bought by
Locust Walk Llc
Seller's Agent
Fiona Dogan
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Michael Holmes
Julia B Fee Sothebys Int. Rlty
List Price
$6,500,000
Sold Price
$5,125,000
Premium/Discount to List
-$1,375,000
-21.15%
Current Estimated Value
$5,889,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,308
Avg. Annual Appreciation
1.12%
Original Mortgage
$3,331,250
Outstanding Balance
$2,335,821
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,553,487

Purchase Details

Closed on
Mar 13, 2008
Sold by
Brinkman Robert and Brinkman Martha
Bought by
On Polen H and On Sam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Locust Walk Llc $5,125,000 Future Title Company Inc
On Polen H $2,200,000 Titlepro Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locust Walk Llc $3,331,250
Previous Owner On Polen H $1,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $5,125,000 -21.2% $835 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $6,500,000 -- $1,059 / 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 -- $72,500 $10,650 $61,850
2023 $82,249 $72,500 $10,650 $61,850
2022 $79,669 $72,500 $10,650 $61,850
2021 $79,432 $72,500 $10,650 $61,850
2020 $78,463 $72,500 $10,650 $61,850
2019 $31,885 $72,500 $10,650 $61,850
2018 $58,023 $72,500 $10,650 $61,850
2017 $18,575 $72,500 $10,650 $61,850
2016 $29,663 $72,500 $10,650 $61,850
2015 -- $72,500 $10,650 $61,850
2014 -- $72,500 $10,650 $61,850
2013 -- $72,500 $10,650 $61,850
Source: Public Records

Agents Affiliated with this Home

  • Fiona Dogan

    Seller's Agent in 2013

    Fiona Dogan

    Julia B Fee Sothebys Int. Rlty

    (914) 414-5147

    36 in this area

    46 Total Sales

    Fiona Dogan
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Holmes

    Julia B Fee Sothebys Int. Rlty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYH3303756

OneKey® MLS

APN: 1400-153-010-00001-000-0019

New York Westchester County Rye 10580

740 Old Milton Rd, Rye, NY

Not Listed for Sale

Detached

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