5 Magnolia Place

Closed 12/1/23
Closed 12/1/23
Gallery Image 1
Sold
Last Sold Price
$5,600,000
6 beds7,133 sqft

5 Magnolia Pl, Rye, NY 10580

Single FamilyProperty Type
1 acresLot Size
1969Year Built
$785/sq ftPrice per sq ft
3 carsParking Spaces

Description

Frank Lloyd Wright inspired, fully renovated in 2016, this 6 bedroom, 7 bath mid-century gem encompasses over 7,000 square feet. Situated on a beautifully landscaped, 1-acre lot at the end of a cul-de-sac in desired Milton Point. Entering, you are greeted by a grand foyer with a 2-story ceiling and original floating circular mahogany staircase. Continue to the grand room with soaring ceilings, custom mahogany bookshelves, dramatic fireplace, and full wall of windows to the back deck, gardens, and...Frank Lloyd Wright inspired, fully renovated in 2016, this 6 bedroom, 7 bath mid-century gem encompasses over 7,000 square feet. Situated on a beautifully landscaped, 1-acre lot at the end of a cul-de-sac in desired Milton Point. Entering, you are greeted by a grand foyer with a 2-story ceiling and original floating circular mahogany staircase. Continue to the grand room with soaring ceilings, custom mahogany bookshelves, dramatic fireplace, and full wall of windows to the back deck, gardens, and pool. Next, the bright and modern dining room and chef’s kitchen, equipped with 3 prep areas, top-of-the-line appliances, quartz countertops and gray onyx waterfall and backsplash. 1st floor also boasts an oversized family room opening to the eat-in kitchen, a library, and two en-suite bedrooms. Upstairs are 3 additional en-suite bedrooms and a home office. Lastly, escape to the primary suite up its own private staircase. Note: The sqft does not include the over 4,000sqft unfinished basement. Additional Information: Amenities:Dressing Area,Marble Bath,Soaking Tub,Storage,ParkingFeatures:3 Car Attached,
Listing Agent
  1. Julie Bieber

    Julie Bieber

    Listing Agent

    Compass Greater NY, LLC

    P: (917) 734-2941

    M: (917) 734-2941

    CallText
Listing closed: 12/01/2023 12:00 AM • Source: ONEKEY as distributed by MLS GRID, MLS#: H6243451
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Location

Sold By Julia B Fee Sothebys Int. Rlty

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$35,474 per month

30 year fixed, 7.03% Interest

Principal and Interest

$29,896

Property Taxes

$5,578

HOA Dues

$0

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Property Information for 5 Magnolia Place

Property Details

  • Taxes: $66,941 / year
  • MLS Type: Single Family
  • County: Westchester County
  • City/Township: Rye City
  • Architectural Style: Mid-Century Modern
  • Waterfront: No

Building Information

  • Stories: 2
  • Year Built: 1969
  • Lot Size: 1.00 AC / 43,560 SF

Summary

Location and General Information
  • Senior Community YN: No
  • Directions: Forest Ave to Magnolia Place.
  • Year Built Effective: 2016
  • Property Attached: No
  • Structure Type: Detached
  • Levels: Two
  • State Or Province: NY
School Information
  • School District: Rye City
  • Elementary School: Milton
  • Middle Or Junior School: Rye Middle School
  • High School District: Rye City
  • High School: Rye High School

Rental

Rental
  • Lease Considered: No
  • Seasonal Rental: No
  • RentSpree Y/N: false

Unit Information

Unit Information
  • Building Units Total: 1

Room Information

Room 1 Information
  • Room Level: First
  • RoomDescription 1: Foyer, Grand Room, Dining Room, Kitchen, Family Room, 2 en-suite bedrooms, library
Room 2 Information
  • Room Level: Second
  • Room Description: 3 en-suite bedrooms, office
Room 3 Information
  • Room Level: Second
  • Room Description: Primary suite
Room 4 Information
  • Room Level: Basement
  • Room Description: ~4000 sqft unfinished walk-out basement

Taxes and HOA Information

Taxes and HOA Information
  • Parcel Number: 1400-153-014-00001-000-0035
  • Tax Assessed Value: $60,500.00
  • Included In Taxes: Sewer, Trash
  • Additional Fees: No
  • Tax Source: Municipality
  • Tax Year: 2022
  • Association: No

Interior and Exterior Features

Interior Features
  • Amenities: 1st Floor Bedrm, Chefs Kitchen, Deck, Double Vanity, Eat in Kitchen, Entrance Foyer, First Floor Full Bath, Formal Dining, Heated Floors, In Ground, Mid-Century Modern, New Windows, Open Kitchen, Primary Bathroom, Public, Quartz/Quartzite Counters, Security System, Sky Light, Walk In Closet, Wall of Windows
  • Interior Features: Chefs Kitchen, Double Vanity, Eat-in Kitchen, Entrance Foyer, Formal Dining, First Floor Bedroom, First Floor Full Bath, Heated Floors, Primary Bathroom, Open Kitchen, Quartz/Quartzite Counters, Walk-In Closet(s)
  • Appliances: Tankless Water Heater
  • Total Rooms: 13
  • Basement: Full, Unfinished, Walk-Out Access
  • Attic Description: Partial
  • Fireplace: Yes
  • Fireplaces Total: 4
  • Location Amenities: Walk Out Basement, Chef's Kitchen, Dual Sinks, Eat in Kitchen, Entry Foyer, Foyer, Formal Dining Room, 1st Fl Master Bedroom, Heated Floors, Open Kitchen, Walk In Closet, Deck, In Ground Pool, Security System, New Windows, Sky Light, Wall of Windows
  • Security Features: Security System
  • Window Features: New Windows, Skylight(s), Wall of Windows
  • Living Area: 7133
  • Basement: Yes
Exterior Features
  • Exterior Property Features: In Ground, Deck, Attached, Electric Vehicle Charging Station(s), New Windows, Skylight(s), Wall of Windows, Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Elevation Certificate: No
  • Patio And Porch Features: Deck
  • Construction Materials: Frame, Wood Siding
  • Pool Features: In Ground
  • Pool Details: In Ground
Lot Information
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Site Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
Parking
  • Parking Features: Attached, Electric Vehicle Charging Station(s)
  • Parking Total: 3.00
Utilities
  • Cooling: Geothermal
  • Heating: Forced Air, Geothermal, Natural Gas, Radiant
  • Heat Fuel Type: Forced Air, Geothermal, Natural Gas, Radiant
  • Number Of Heating Zones: 5
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection Public
Green Features
  • Green Features: New Windows, Skylight(s), Wall of Windows, Tankless Water Heater, Forced Air, Geothermal, Natural Gas, Radiant, In Ground

Agent

Payment and Rate
  • Down Payment Resource: No

Property History for 5 Magnolia Place

DateEvent & SourcePriceAppreciation
Dec 1, 2023

Sold (Public Record)

Public Record #1523386247

$5,600,000

+5.7% / yr

Dec 1, 2023

Sold

ONEKEY #H6243451

$5,600,000—
Sep 30, 2023

Pending

ONEKEY #H6243451

—
DateEvent & SourcePrice
12/01/2023

Sold (Public Record)

Public Record #1523386247

$5,600,000

+5.7% / yr

12/01/2023

Sold

ONEKEY #H6243451

$5,600,000
09/30/2023

Pending

ONEKEY #H6243451

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Magnolia Place

Taxable Value

Land

$15,750

Additions

$44,750
Total$60,500

Tax Record

2025

$92,215 ($7,685 / month)

Home Facts

Beds

6

Baths

5.5

Total Finished SqFt

6,354 SqFt

Above Grade Finished SqFt

6,354 SqFt

Stories

2

Lot Size

43,560 SqFt

Style

Single Family Residence

Year Built

1969

Zoning

R1

County

WESTCHESTER

APN

551400 153-14-1-35

Fireplace Type

Has Fireplace

Schools near 5 Magnolia Place

This home is within Rye City School District.
Rating
School
Type
Grades
Distance
Milton School
Public - K to 5
Rye Middle School
Public - 6 to 8
Rye High School
Public - 9 to 12
Osborn School
Public - K to 5
Rating
School
Distance
Milton School
PublicK to 5

Rye Middle School
Public6 to 8

Rye High School
Public9 to 12

Osborn School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 11/16/2024 10:09 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.