NOT LISTED FOR SALE

950 Forest Ave Rye, NY 10580

Estimated Value: $6,067,000 - $7,268,000

5 Beds
4.5 Baths
5,009 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $4,658,333 $930 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $40,935/month

8 Days on Market

Highlights

  • Water Views
  • 1 Acre Lot
  • Wood Flooring
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Marble Countertops

About This Home

As of November 2021

Your search for a renovated, custom Milton Point colonial with a stylish new feel is over. Don't miss this spectacular home which is appointed with top-line appliances, custom cabinetry, rich stone finishes and top grade amenities. Sq. footage DOES NOT include approx. 1,200 sq.ft. finished lower level - see lower level floor plans. There's a newly expanded Family Room, New Mud Room. New Bunk Room/6th Bedroom (and approved plans to add bedroom/bath). Freshly painted exterior. Spacious Living Room with stone fireplace. Formal Dining Room. Office with access to patios. Custom Kitchen has two islands w/hearth flowing into Breakfast Room w/ fireplace. Primary suite features a new dressing room and bath with soaking tub and steam shower. Four additional large Bedrooms. Two patios and enormous stone fireplace welcome outdoor entertaining. The flat 1 acre of property with luxurious landscaping affords complete privacy. Plenty of room for pool as well as soccer/football/lacrosse games.

Last Agent to Sell the Property

Susan Hogan

Julia B Fee Sothebys Int. Rlty License #40HO1011189 Listed on: 09/28/2021

Julia B Fee Sothebys Int. Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,241

Year Built

  • Built in 1967 | Remodeled in 2017

Lot Details

  • 1 Acre Lot
  • Level Lot

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 5,009 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Formal Dining Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

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

Utilities

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

Listing and Financial Details

  • Exclusions: Chandelier(s),See Remarks
  • Assessor Parcel Number 1400-153-014-00001-000-0037

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,241

Year Built

Built in 1967 | Remodeled in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Chandelier(s),See Remarks
  • Year Built: 1967
  • Year Built Effective: 2017
  • Attribution Contact: 914-967-4600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Interior Amenities: Eat-in Kitchen, Exercise Room, Formal Dining Room, Marble Countertops
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Alarm System, B/I Shelves, Dishwasher, Dryer, Front Gate, Garage Door Opener, Generator, Light Fixtures, See Remarks, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5009.00
  • Square Footage: 5009.00

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • View: Water
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air, Radiant
  • Hot Water: Gas Stand Alone
  • Heating Zones: 6
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 1400-153-014-00001-000-0037
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-10-04
  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-12
  • Tax Annual Amount: 73241.00
  • Tax Map Number: 1400-153-014-00001-000-0037

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 28, 2021
Closed on
Nov 12, 2021
Sold by
Connolly Laura
Bought by
Kerr Macaulay and Kerr Alexander
Seller's Agent
Susan Hogan
Julia B Fee Sothebys Int. Rlty
List Price
$4,775,000
Sold Price
$4,658,333
Premium/Discount to List
-$116,667
-2.44%
Current Estimated Value
$6,543,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,885,476
Avg. Annual Appreciation
8.58%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 2, 2021
Sold by
Laura Connolly
Bought by
Kerr Macaulay and Kerr Alexander
Seller's Agent
Susan Hogan
Julia B Fee Sothebys Int. Rlty
List Price
$4,775,000
Sold Price
$4,658,333
Premium/Discount to List
-$116,667
-2.44%

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 1, 2012
Sold by
Martin Michele Donnan
Bought by
Connolly Laura
Seller's Agent
Donna McElwee
Houlihan Lawrence Inc.
Buyer's Agent
Laura Labriola
Labriola Land, LLC
List Price
$4,900,000
Sold Price
$4,400,000
Premium/Discount to List
-$500,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Paxton James E and Paxton Kathleen A
Bought by
Martin Michele Donna

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
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerr Macaulay $4,658,333 Future Title Agency Inc
Kerr Macaulay $4,658,333 Future Title
Connolly Laura $4,400,000 Titlepro Agency Llc
Martin Michele Donna $3,726,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Michele Donna $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $4,658,333 0.0% $930 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/04/2021 10/04/21 Off Market $4,658,333 -- --
09/28/2021 09/28/21 For Sale $4,775,000 +8.5% $953 / Sq Ft
08/01/2012 08/01/12 Sold $4,400,000 -10.2% $911 / Sq Ft View Prior Sale
06/04/2012 06/04/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $4,900,000 -- $1,014 / 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 $81,024 $66,850 $15,750 $51,100
2023 $75,839 $66,850 $15,750 $51,100
2022 $73,460 $66,850 $15,750 $51,100
2021 $73,242 $66,850 $15,750 $51,100
2020 $72,348 $66,850 $15,750 $51,100
2019 $29,400 $66,850 $15,750 $51,100
2018 $53,501 $66,850 $15,750 $51,100
2017 $17,128 $66,850 $15,750 $51,100
2016 $27,351 $66,850 $15,750 $51,100
2015 -- $66,850 $15,750 $51,100
2014 -- $66,850 $15,750 $51,100
2013 -- $66,850 $15,750 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6145098

OneKey® MLS

APN: 1400-153-014-00001-000-0037