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385 Milton Road

385 Milton Road, Rye, NY 10580
Property in Rye
Sold Jan 23, 2023
$1,250,000
$1,000,000 by Embrace Home Loans Inc
Mortgage Due Jan 01, 2053
Sold Sep 13, 2011
$795,000
$416,000 by Hudson City Savings Bank
Mortgage Due Oct 01, 2041
385 Milton Road has been categorized by the local assessors in Rye, NY as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 385 Milton Road has 1,736 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of wood. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 385 Milton Road sold most recently in Dec 22, 2022 for a total of $1,250,000. If you work out the math, that's approximately a cost of $720.05 per sqft. Before that, the property was also sold for $795,000 in Sep 2, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,222 in taxes each year. 385 Milton Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,400. If we break it down further, the land itself was valued at $4,900. Improvements to the property, however, were assessed at a total of $10,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOVSEPYAN ARA
  • Current Owner 2: AVANESYAN ANUSH
  • Previous Owner : BRADLEY SIMON WILLIAM
  • Owner Before Previous Owner: RAFFERTY BRIAN
  • Owner Before Previous Owner 2: RAFFERTY ELIZABETH J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • District: 551400
  • Section: 146.19
  • Parcel: 551400 146-19-5-1
  • Block: 5
  • Lot: 1.000
  • Municipality: RYE
  • Latitude: 40.967
  • Longitude: -73.6865

    Address

  • Full Address: 385 Milton Rd
  • Address - House Number: 385
  • Address - Street Name: Milton
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Rye
  • Carrier Code: C015
  • 4-Digit Zip Code: 2631
  • Zip Code: 10580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,222
  • Tax Rate Code Area: 551400

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 1,334,287
  • High Value: 1,625,338
  • Low Value: 1,043,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 23, 2023
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $1,193,798
  • Market Land Value: $379,845
  • Market Improvement Value: $813,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,400
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $10,500

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Transaction ID: 11901515610
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3054
  • Previous Sale Recording Date: Sep 13, 2011
  • Previous Sale Contract Date: Sep 02, 2011
  • Previous Sale Amount: $795,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Jan 23, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Sep 13, 2011
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $416,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Rye



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Unit for rent at 167 Purchase Street, Rye City, NY, 10580

$8,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
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Frequently Asked Questions

What neighborhood is 385 Milton Road located in?
The 385 Milton Road is a located in the neighborhood of Rye in Rye, Rye.
What is the average sales price for listings in 385 Milton Road?
The average sales price for units in 385 Milton Road is $0 currently.

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