NOT LISTED FOR SALE

855 Forest Ave Rye, NY 10580

Estimated Value: $6,346,966 - $7,459,000

8 Beds
10 Baths
8,844 Sq Ft
$766/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $4,162,500 $471 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $45,306/month

119 Days on Market

Highlights

  • Water Views
  • 1 Acre Lot
  • Property is near public transit
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of February 2020

A rare opportunity for a new build on 1 acre in Milton Point, Rye! Premier location this Shingle-Style new construction on level, full 1 acre grounds is ideal for team soccer, football, lacrosse practice, chipping/putting or pool site. Short walk to Milton Elementary, Rye Town Park & beach on LI Sound, marinas, beach/yacht clubs & an easy bike/scooter to train & Rye's vibrant shops, restaurants, library & YMCA. Fabulous architectural design w.open, transitional living spaces sun-drenched w. seasonal water views. 1st fl anchored by chef's level EIK open to family rm w.FPL & out to open & covered patio w.FPL over sweeping lawns. Liv rm w.FPL, dining, private office, ensuite guest, mudrm, 2 pwdrm's, att 3 car gar & back stair. Master suite w.FPL/views, dual WIC's, luxe marble bath w.dual vanities, soaking tub, glass enclosed shower & sep exit to hall loft. 5 addit'l beds, 4 ensuite. Full stair to 3rd Fl for multi-purpose use w.bath. Walk out LL rec rm, media, gym, bed, bath. Entertain!

Last Agent to Sell the Property

Pollena Forsman

Houlihan Lawrence Inc. Brokerage Phone: 914-833-0420 License #30FO0834341 Listed on: 09/17/2019

Houlihan Lawrence Inc.

Last Buyer's Agent

April Saxe

Compass Greater NY, LLC License #40WE0927199

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108,984

Year Built

  • Built in 2019

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 8,844 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 4 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-015-00001-000-0002-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$108,984

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2019
  • Attribution Contact: 914-833-0420
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Marble Counters, Master Bath, Pantry, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: B/I Shelves,Central Vacuum,Chandelier(s),Dishwasher,Disposal,Dryer,Generator,Light Fixtures,Microwave,Refrigerator,Second Dishwasher,Wall Oven,Wall to Wall Carpet,Washer,Wine Cooler
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Living Area: 8844
  • AtticDescription: Pull Stairs,Walkup
  • SquareFootage: 8844.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • View: Water
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Security: Fire Sprinkler System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 7

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 1.0020
  • Lot Size Sq Ft: 43647
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1400-153-015-00001-000-0002-2
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 108984
  • Tax Map Number: 1400-153-015-00001-000-0002-2
  • IncludedInTaxes: Sewer,Trash

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
Sep 17, 2019
Closed on
Feb 10, 2020
Sold by
855 Forest Avenue Llc
Bought by
Mostafavi Ali and Mostafavi Lauren C
Seller's Agent
Pollena Forsman
Houlihan Lawrence Inc.
Buyer's Agent
April Saxe
Compass Greater NY, LLC
List Price
$4,995,000
Sold Price
$4,162,500
Premium/Discount to List
-$832,500
-16.67%
Current Estimated Value
$7,276,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,113,632
Avg. Annual Appreciation
8.70%
Original Mortgage
$2,913,750
Outstanding Balance
$2,522,861
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,251,131
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
Mostafavi Ali $4,179,150 Future Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mostafavi Ali $2,913,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $4,162,500 -7.4% $471 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $4,495,000 -4.3% $508 / Sq Ft
10/24/2019 10/24/19 Price Changed $4,699,000 -5.9% $531 / Sq Ft
09/16/2019 09/16/19 For Sale $4,995,000 -- $565 / 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 $84,841 $70,000 $29,000 $41,000
2023 $79,413 $70,000 $29,000 $41,000
2022 $76,921 $70,000 $29,000 $41,000
2021 $73,625 $70,000 $29,000 $41,000
2020 $109,199 $89,600 $29,000 $60,600
2019 $44,376 $100,900 $29,000 $71,900
2018 $64,266 $100,900 $29,000 $71,900
2017 $8,199 $80,300 $29,000 $51,300
2016 $11,865 $32,000 $0 $32,000
2015 -- $29,000 $0 $29,000
2014 -- $29,000 $0 $29,000
2013 -- $29,000 $0 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5058595

OneKey® MLS

APN: 1400-153-015-00001-000-0002-2