by RH Advisors

See Home Value
Rye 10580 Rye
115 Drake Smith Lane
$4,200,000
House - Off Market

115 Drake Smith Lane

Rye City, NY 10580
bedrooms
6 Beds
bathrooms
8 Baths
$6,702,383
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A++ Location, Layout, Lifestyle ! One of the most prestigious cul-de-sacs. Privately situated on a flat .84 acre of property at the end of a cul-de-sac yet close to town, schools and train. Beautiful, tranquil property w/ mature trees and landscaping, this young custom home is filled w/ sunlight, high ceilings, 3 fireplaces, exquisite millwork and wide plank floors throughout. Main highlights include a stunning 20 ft.vaulted entry foyer, an award winning 2017 renovated gourmet kitchen and butler's pantry open to spacious family room w/ triple French doors leading to two patios and a new outdoor kitchen for easy everyday living and entertaining. Spacious master suite w/Juliet balcony and gas fireplace plus 4 bedrooms w/ all en-suite bathrooms upstairs. 2150 sq. ft. in the lower level including a 2017 renovated bedroom /bath, gym, huge playroom, temperature controlled wine cellar and 2nd laundry room,storage. Perfectly proportioned rooms and layout for today's family. Video avail.
Unit Size
-
Days on Market
274 days
Land Size
0.84 acres
Price per sqft
-
Property Type
House
Property Taxes
$7,066
HOA Dues
-
Year Built
2006
Last updated: 2 years ago (OneKey MLS #H4918218)

Price History

Date / Event Date Event Price
Mar 10, 2020 Sold to Shaw Adam, Shaw Kelly Kelly $4,200,000
Sold to Shaw Adam, Shaw Kelly Kelly
Jan 23, 2020 Sold $4,200,000
Sold
Oct 1, 2019 Price Decreased $4,600,000
↓ $100K (2.1%)
Price Decreased
Sep 8, 2019 Price Decreased $4,700,000
↓ $250K (5.1%)
Price Decreased
Jun 13, 2019 Price Increased $4,950,000
↑ $350K (7.6%)
Price Increased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 750
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 5,489
  • Building Area: 5,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.84
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ADAM SHAW
  • Current Owner 2: KELLY SHAW KELLY
  • Previous Owner : KAVANAGH KEVIN P
  • Previous Owner 2: KAVANAGH AMANDA V
  • Owner Before Previous Owner: 187TH & BEAUMONT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rye City School District
  • School Tax School District: RYE
  • Census Tract: 007600

Zoning

  • Zoning: R1

Geography

  • District: 551400
  • Section: 146.12
  • Parcel: 551400 146-12-2-27
  • Block: 2
  • Lot: 27.000
  • Municipality: RYE
  • Latitude: 40.978
  • Longitude: -73.6723

    Address

  • Full Address: 115 Drake Smith Ln
  • Address - House Number: 115
  • Address - Street Name: Drake Smith
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Rye
  • Carrier Code: C007
  • 4-Digit Zip Code: 4316
  • Zip Code: 10580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,153
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 551400

    Appraisal Valuation

  • Standard Deviation: 0.2539
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 5,574,195
  • High Value: 6,990,033
  • Low Value: 4,158,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 10, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $5,209,303
  • Market Land Value: $903,101
  • Market Improvement Value: $4,306,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,200
  • Assessed Land Value: $11,650
  • Assessed Improvements Value: $55,550

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11748183175
  • Current Sale Price: $4,200,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 600213356
  • Previous Sale Recording Date: Jun 07, 2007
  • Previous Sale Contract Date: May 23, 2007
  • Previous Sale Amount: $4,395,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
9 Baths
-
$4,295,000 Jul 27, 2020
$4,295,000 Nov 2, 2020
$5,050/mo
House
7 Beds
8 Baths
-
$5,300,000 Apr 22, 2020
$5,300,000 Jun 4, 2021
$0/mo
In Contract
House
6 Beds
7 Baths
-
$4,695,000 Nov 9, 2022
-
$0/mo
House
5 Beds
5 Baths
-
$3,895,000 Feb 22, 2022
-
$8/mo
In Contract
House
5 Beds
5 Baths
-
$3,995,000 Jan 26, 2023
-
$8/mo

About Rye


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Frequently Asked Questions

When was property at 115 Drake Smith Lane built and last sold?
The property at 115 Drake Smith Lane was built in 2006 and last sold on Jan 23, 2020 for $4,200,000.
How much is this home worth?
The estimated value of the home located at 115 Drake Smith Lane is $4,646,000.
What are some comparable homes to 115 Drake Smith Lane?
There are currently no comparable homes to 115 Drake Smith Lane.

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