NOT LISTED FOR SALE

979 Forest Ave Rye, NY 10580

Estimated Value: $5,783,000 - $9,299,000

4 Beds
6.5 Baths
4,841 Sq Ft
$1,657/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $6,800,000 $1,405 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $51,821/month

40 Days on Market

Highlights

  • Waterfront
  • 1 Acre Lot
  • Deck
  • Rye Middle School Rated A+
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of April 2021

One of Rye's most idyllic waterfront sanctuaries w/130 ft of private shoreline, set high above the sparkling waters of LI Sound. An unparalleled lifestyle just 35 minutes to Manhattan, and a stroll to 3 beach/tennis clubs. Enjoy panoramic views sunrise to sunset, paddle-boarding and kayaking right from your backyard, a waterfront patio w/fire pit & deck w/hot tub. Renowned landscape architect Peter Cummin designed the verdant gardens to embrace this home's 1-acre coastal setting, in tandem with a stunning 2014 renovation showcasing a sunlit 4,841 sqft interior-walls of glass, 3 sets of French drs to the patio, wide-plank pine flrs & 3 fireplaces. Watch the tides ebb and flow from the Christopher Peacock kitchen and vaulted ceiling FR, the formal dining & living rms, coffered-ceiling study w/ensuite bth, gym, wet bar, main bdrm suite w/2 bths and 2 WICs, and 3 ensuite 2nd-floor bdrms. Enjoy even more highlights an office, mudroom, 2-car garage w/lift for 2 cars, and Vermont slate roof.

Last Agent to Sell the Property

Joan O'Meara

Houlihan Lawrence Inc. License #30OM0831696 Listed on: 01/18/2021

Houlihan Lawrence Inc.

Co-Listed By

Pamela Virtue

Compass Greater NY, LLC License #40VI1140316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,168

Year Built

  • Built in 1920 | Remodeled in 2014

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 4,841 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 3 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Home Gym
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Grill,Wine Cooler
  • Assessor Parcel Number 1400-153-015-00001-000-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,168

Year Built

Built in 1920 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Grill,Wine Cooler
  • Year Built: 1920
  • Year Built Effective: 2014
  • Attribution Contact: 914-967-7680
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Exercise Room, Formal Dining Room, Entrance Foyer, Master Bath, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Attic Description: Pull Stairs
  • Common Walls: No Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Inclusions: Dishwasher, Dryer, Generator, Hot Tub, Microwave, Refrigerator, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 4841.00
  • Square Footage: 4841.00

Exterior Features

  • Construction Materials: Other, Shingle Siding, Wood Siding
  • Waterfront Features: Water Access, Waterfront
  • View: Water
  • Exterior Features: Sprinkler Lawn System
  • Patio and Porch Features: Deck, Patio, Porch
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: 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: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 1400-153-015-00001-000-0010
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-04-30
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 106168.00
  • Tax Map Number: 1400-153-015-00001-000-0010

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
Jan 18, 2021
Closed on
Apr 30, 2021
Sold by
Gillespie Kimberly J
Bought by
Ka Ala Gst Family Trust
Seller's Agent
Joan O'Meara
Houlihan Lawrence Inc.
List Price
$6,995,000
Sold Price
$6,800,000
Premium/Discount to List
-$195,000
-2.79%
Current Estimated Value
$8,023,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,223,401
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Aug 29, 2014
Sold by
Whaling George A
Bought by
Gillespie Kimblery I
Seller's Agent
Barbara Haynes
Houlihan Lawrence Inc.
Buyer's Agent
Joan O'Meara
Houlihan Lawrence Inc.
List Price
$7,900,000
Sold Price
$5,800,000
Premium/Discount to List
-$2,100,000
-26.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,100,000
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 1999
Sold by
Bolton Jean Eckardt
Bought by
Whaling George A and Whaling Suzanne K

Purchase Details

Closed on
Jan 24, 1997
Sold by
Bolton Bramwell A
Bought by
Bolton Jean E

Purchase Details

Closed on
Apr 4, 1996
Sold by
Bolton Jean Eckardt and Vought Jean Eckardt
Bought by
Bolton Jean Eckardt and Bolton Bramwell A
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
Ka Ala Gst Family Trust $6,800,000 Future Title Agency Inc
Kaala Gst Family Trust $6,800,000 Future Title
Gillespie Kimblery I $5,800,000 Fidelity Natl Title Ins Co
Whaling George A $1,850,000 --
Bolton Jean E -- Chicago Title Insurance Co
Bolton Jean Eckardt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie Kimblery I $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $6,800,000 -2.8% $1,405 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $6,995,000 +20.6% $1,445 / Sq Ft
08/29/2014 08/29/14 Sold $5,800,000 -26.6% $1,198 / Sq Ft View Prior Sale
04/17/2014 04/17/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $7,900,000 -- $1,632 / 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 $118,899 $98,100 $31,500 $66,600
2023 $104,830 $98,100 $31,500 $66,600
2022 $107,800 $98,100 $31,500 $66,600
2021 $107,480 $98,100 $31,500 $66,600
2020 $106,168 $98,100 $31,500 $66,600
2019 $43,144 $98,100 $31,500 $66,600
2018 $78,511 $98,100 $31,500 $66,600
2017 $25,134 $98,100 $31,500 $66,600
2016 $40,137 $98,100 $31,500 $66,600
2015 -- $98,100 $31,500 $66,600
2014 -- $98,100 $31,500 $66,600
2013 -- $98,100 $31,500 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6089443

OneKey® MLS

APN: 1400-153-015-00001-000-0010