When was property at 55 Drake Smith Lane built and last sold?

The property at 55 Drake Smith Lane was built in 2005 and last sold on Sep 7, 2007 for $3,875,000.

How much is this home worth?

The estimated value of the home located at 55 Drake Smith Lane is $4,842,950.

What are some comparable homes to 55 Drake Smith Lane?

There are currently no comparable homes to 55 Drake Smith Lane.

Rye

10580

Rye

55 Drake Smith Lane

$4,850,000

● House - Off Market

55 Drake Smith Lane

Rye City, NY 10580

5 Beds

5 Baths, 1 Half Bath

6,848 Ft²

$29,184

Est. Monthly

About This Property

This utterly striking Colonial takes luxury to an all-new level. Introducing a spectacular home on a quiet double cul-de-sac that's just moments from everything–walk to downtown Rye and all schools. An architectural beauty nestled on 1.38 glorious acres w/sports-field lawns that rest atop an idyllic woodland oasis. Inside is breathtaking w/a grand 3-story entrance unfolding to 6,848 sf of sunlit immaculate space w/freshly painted gallery art walls, striking Brazilian mahogany flrs, soaring ceilings, 5 bds, 5.1 bths & multiple areas to gather & entertain. This home's stunning chef-friendly kitchen, adjoining FR & elegant LR all open to an expansive deck for the ultimate alfresco lifestyle. Or dine in the FDR & then relax in the adjoining sitting rm - the options are endless. 2nd-floor bdrms are pure serenity, 3 are ensuite including the spa-like primary & 2 have a shared bth. Walk up 3rd floor and fabulous LL w/rec rm w/French drs to covered patio & gym area, lndry rm, wine rm, full bth, custom mdrm, finished storage & access to garage! Additional Information: Amenities:Pedestal Sink,Soaking Tub,ParkingFeatures:2 Car Attached,

Unit Size

6,848 Ft²

Days on Market

115 days

Land Size

1.38 acres

Price per sqft

$700

Property Type

House

Property Taxes

$5,640

HOA Dues

Year Built

2005

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Cap Rate Calculator

Last updated: 4 months ago (OneKey MLS #KEYH6295946)

Price History

Date / Event	Date	Event
Jul 29, 2024	Sold	Premium
Sold
Apr 12, 2024	In contract	-
In contract
Apr 2, 2024	Listed by Houlihan Lawrence Inc.	$4,795,000
Listed by Houlihan Lawrence Inc.
Oct 12, 2007	Sold	Premium
Sold
Dec 5, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2005

Effective Year Built: 2005
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 5
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 17
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 60,113

Total Building Area: 5,170
Building Area: 5,170
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 0
Heated Square Feet: 5,170
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000001380
Standard Land Use Code: 1001
County Land Use Code: 210

Neighborhood

School District Name: Rye City School District

School Tax School District: RYE
Census Tract: 007600

Zoning

Zoning: R1

Geography

District: 551400

Section: 146.08
Parcel: 551400 146-8-2-22
Block: 2
Lot: 22.000
Municipality: RYE
Latitude: 40.9802
Longitude: -73.6719

Address

Full Address: 55 Drake Smith Ln

Address - House Number: 55
Address - Street Name: Drake Smith
Address - Suffix Type: Ln
State: NY
City Name: Rye
Carrier Code: C007
4-Digit Zip Code: 4323
Zip Code: 10580

Valuation

Tax

Tax Year: 2023

Tax Amount: $6,799,528
Tax Rate Code Area: 551400

Appraisal Valuation

Standard Deviation: 0.2278

Valuation Date: Mar 27, 2024
Confidence Score: 68
Final Value: 4,283,110
High Value: 5,258,935
Low Value: 3,307,284

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $4,713,178

Market Land Value: $1,089,147
Market Improvement Value: $3,624,031

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $60,800
Assessed Land Value: $14,050
Assessed Improvements Value: $46,750

Sales

Current Sale Contract Date: Sep 07, 2007

Current Sale Recording Date: Oct 12, 2007
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 0472820499
Previous Sale Recording Date: Dec 05, 2002
Previous Sale Contract Date: Oct 09, 2002
Previous Sale Amount: $25,000
Previous Sale Document Type: 12

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
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Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Rye

Stats & Trends

Median Asking:

$2,695,000

Sale Price/ft²

$788

Above Asking

0.00%

Average Days on Market

Average Home Size

4109 ft²

Average Home Age

68.1 years

Currently For Sale

29 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9 Fenton Street, Rye, NY, 10580

$8,800 /mo

3 Beds
2 Baths
1,428 ft²

9 Fenton Street, Rye, NY, 10580 Listing by Susan Janart

Unit for rent at 241 Central Avenue, Rye, NY, 10580

$7,500 /mo

3 Beds
2 Baths
1,700 ft²

241 Central Avenue, Rye, NY, 10580 Listing by Osamu Kobata

Unit for rent at 130 Wappanocca Avenue, Rye, NY, 10580

$9,900 /mo

3 Beds
2 Baths
1,700 ft²

130 Wappanocca Avenue, Rye, NY, 10580 Listing by Silvat Malik

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 4 months ago
Data Source: OneKey MLS

55 Drake Smith Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Rye

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions