NOT LISTED FOR SALE

965 Forest Ave Rye, NY 10580

Estimated Value: $6,785,000 - $8,613,900

5 Beds
4.5 Baths
6,121 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $7,850,000 $1,282 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $46,680/month

Highlights

  • Water Views
  • Docks
  • In Ground Pool
  • Rye Middle School Rated A+
  • Water Access
  • 1.1 Acre Lot

About This Home

As of August 2020

Be prepared to be swept away by the inviting views of Long Island Sound in this magnificently renovated Colonial set on 1.1 level acres in the sought-after Milton Point neighborhood of Rye. This pristinely maintained, expansive five-bedroom home features direct water views from almost every room and includes such sought after amenities which includes a pool and a hot tub both with automatic covers, gas fire pit, direct water access, deep water mooring, generator, and tasteful gardens just to name a few. Call this home your own, and your day can begin with iconic sunrises from your master suite in the morning and tranquil, colorful sunset skies as you lay your head to rest at night. The opportunity is rare for an ultimate waterfront lifestyle home like this to come again.

Last Agent to Sell the Property

Elizabeth Ross

Compass Greater NY, LLC License #40RO0975177 Listed on: 06/23/2020

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $119,743

Year Built

  • Built in 2009

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding
  • Cedar

Interior Spaces

  • 6,121 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Unfinished Basement
  • Walk-Out Basement
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Attic

  • Full Attic
  • Dormer Attic
  • Walkup Attic

Outdoor Features

  • In Ground Pool
  • Water Access
  • Docks
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 6 Heating Zones
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-153-015-00001-000-0008

Home Details

Home Type

Single Family

Est. Annual Taxes

$119,743

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 2009
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Master Bath, Pantry, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Attic Description: Dormer, Full, Walkup
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Unfinished, Walk-Out Access
  • Inclusions: Central Vacuum, Chandelier(s), Dishwasher, Disposal, Door Hardware, Dryer, Garage Door Opener, Garage Remote, Gas Grill, Generator, Light Fixtures, Microwave, Pool Equipt/Cover, Refrigerator, Screens, Shades/Blinds, Speakers Indoor, Speakers Outdoor, Wall Oven, Wall to Wall Carpet
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 6121.00
  • Square Footage: 6121.00

Exterior Features

  • Construction Materials: Frame, Cedar, Other, Stone
  • Waterfront Features: Water Access
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler Lawn System, Dock
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 1.1000
  • Lot Size Sq Ft: 47916.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 1400-153-015-00001-000-0008
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-08-24
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 119743.00
  • Tax Map Number: 1400-153-015-00001-000-0008

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

Closed on
Oct 25, 2024
Sold by
Allison Michael and Allison Michele
Bought by
Michele Lee Allison Revocable Trust and Michael Sean Allison Revocable Trust
Current Estimated Value
$7,500,300

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 24, 2020
Sold by
Kennedy Joseph B and Kennedy Kristine Kirk
Bought by
Allison Michelle and Allison Michael
Seller's Agent
Elizabeth Ross
Compass Greater NY, LLC
List Price
$8,495,000
Sold Price
$7,850,000
Premium/Discount to List
-$645,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%
Original Mortgage
$3,500,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Henshaw Richard T and Henshaw Elizabeth V
Bought by
Kennedy Joseph B and Kennedy Kristine Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.53%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Michele Lee Allison Revocable Trust -- None Listed On Document
Michele Lee Allison Revocable Trust -- None Listed On Document
Allison Michelle $7,850,000 Future Title Agency Inc
Kennedy Joseph B $5,000,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison Michelle $3,500,000
Previous Owner Kennedy Joseph B $2,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $7,850,000 -7.6% $1,282 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $8,495,000 -- $1,388 / 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 -- $111,900 $34,800 $77,100
2023 $126,947 $111,900 $34,800 $77,100
2022 $122,964 $111,900 $34,800 $77,100
2021 $122,599 $111,900 $34,800 $77,100
2020 $121,103 $111,900 $34,800 $77,100
2019 $49,213 $111,900 $34,800 $77,100
2018 $89,556 $111,900 $34,800 $77,100
2017 $28,286 $111,900 $34,800 $77,100
2016 $45,169 $110,400 $34,800 $75,600
2015 -- $110,400 $34,800 $75,600
2014 -- $110,400 $34,800 $75,600
2013 -- $110,400 $34,800 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6046579

OneKey® MLS

APN: 1400-153-015-00001-000-0008