NOT LISTED FOR SALE

75 Drake Smith Ln Rye, NY 10580

Estimated Value: $5,322,000 - $6,766,000

5 Beds
5 Baths
5,031 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $3,381,250 $672 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $39,543/month

111 Days on Market

Highlights

  • 1.77 Acre Lot
  • Colonial Architecture
  • Private Lot
  • Rye Middle School Rated A+
  • Deck
  • 1 Fireplace

About This Home

As of July 2012

A rare opportunity awaits in Rye.Tucked away on 1.77 private ac overlooking Drake Smith Woods, this pristine 5 BR shingle& stone colonial offers a lifestyle like no other.The BEST OF BOTH WORLDS,enjoy the quiet setting of a double cul-de-sac street PLUS the convenience of being in walking dist to shops,restaurants,train in downtown Rye & a short distance to all schools.Fabulous flow for entertaing family & friends!A Must See!Txs dont reflect StarEx,sqftge incl approx 292sqft in lowrlvl.

Last Agent to Sell the Property

Donna McElwee

Houlihan Lawrence Inc. Brokerage Phone: 914-967-7680 License #40MC0862753 Listed on: 03/01/2012

Last Buyer's Agent

Mary Jane Stanton

Coldwell Banker Realty License #40ST0316599

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,270

Year Built

  • Built in 1951

Lot Details

  • 1.77 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 5,031 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Walk-Out Basement
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Midland 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 1400-146-012-00002-000-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,270

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1951
  • Attribution Contact: 914-967-7680
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Eat-in Kitchen, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Walk-Out Access
  • Inclusions: Alarm System,Dishwasher,Dryer,Garage Door Opener,Generator,Mailbox,Microwave,Refrigerator,Second Dishwasher,Second Dryer,Second Washer,Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5031
  • SquareFootage: 5031.00

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Exterior Features: Balcony, Sprinkler System
  • Patio and Porch Features: Deck, Patio

Garage/Parking

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

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: 1.77
  • Lot Dimensions: 1.7700
  • Lot Size Sq Ft: 77101
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec, Private
  • Parcel Number: 1400-146-012-00002-000-0004
  • Zoning Description: R1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 58270
  • Tax Map Number: 1400-146-012-00002-000-0004

MLS Schools

  • Elementary School: Midland School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jul 30, 2012
Sold by
Mumford Nicholas and Mumford Isabelle
Bought by
Owen David W and Owen Susan T
Seller's Agent
Donna McElwee
Houlihan Lawrence Inc.
Buyer's Agent
Mary Jane Stanton
Coldwell Banker Realty
List Price
$3,775,000
Sold Price
$3,381,250
Premium/Discount to List
-$393,750
-10.43%
Current Estimated Value
$6,153,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,771,938
Avg. Annual Appreciation
4.58%
Original Mortgage
$2,197,813
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Owen David W $3,381,250 Futur Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen David W $2,197,813
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $3,381,250 -10.4% $672 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $3,775,000 -- $750 / 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 $87,265 $72,000 $15,500 $56,500
2023 $81,682 $72,000 $15,500 $56,500
2022 $79,119 $72,000 $15,500 $56,500
2021 $78,884 $72,000 $15,500 $56,500
2020 $83,549 $77,200 $15,500 $61,700
2019 $33,952 $77,200 $15,500 $61,700
2018 $51,541 $77,200 $15,500 $61,700
2017 $34,997 $64,400 $15,500 $48,900
2016 $23,812 $58,200 $15,500 $42,700
2015 -- $58,200 $15,500 $42,700
2014 -- $58,200 $15,500 $42,700
2013 -- $59,500 $15,500 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3206481

OneKey® MLS

APN: 1400-146-012-00002-000-0004