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GRIEVING PROPERTY TAXES…Everything you need to know.

Grieving property taxes can yield a cost savings for local taxpayers. All municipalities in Westchester County, including Rye and Harrison, have a Grievance Day – a specific day to hear property tax appeals.  In 2018, that day is Tuesday, June 19th. The tax grievance period this year is is June 1st-June 19th. To do the math homeowners need their total assessed property value and the current Residential Area Ratio (RAR).

ASSESSMENTS
Before pursuing formal review of your assessment, you should first determine if you are assessed fairly. Click HERE to read about the steps in this process.
In Rye you can find your assessed value by going to joanomeara.com – Click Rye City/Online Services/Property Tax Search. Enter your address and you will see the Total Assessed Value. For Harrison go to joanomeara.com – Click on Town of Harrison/Departments/Assessor/Final Assessment Roll.

RESIDENTIAL ASSESSMENT RATIO (RAR)
The RAR is an indication of the level of assessment for residential real property in a municipality. It is a measurement of the overall ratio of the total assessed value of residential property in the municipality compared to the full market value of that residential property. The RAR can be used by homeowners in a Board of Assessment Review (BAR) grievance and in a Small Claims Assessment Review (SCAR) hearing. Bottom line is your assessed value divided by the RAR will tell you what the city/town has your house valued at for tax purposes. The state issues updated RARs annually around this time of year.  The new RARs were just issued in April. Rye = 1.53% and Harrison = 1.57%

Examples to Calculate your House Value for Tax Purposes:
Rye City RAR of 1.53% for 2018
Total Assessed Value of $30,500/1.53% = $1,993,464

Town/Village of Harrison RAR is 1.54% for 2018
Total Assessed Value of $30,500/1.54% = $1,980,519

Helpful Links and Forms to Grieve your Taxes:

Rye: To download the form and the instructions on the City of Rye Website then look under Permit & Forms/Tax.
In Harrison: Applications are available in the Assessor’s Office in Town Hall (1 Heineman Place).

For more information on RAR click HERE. For more information on property assessments click HERE.

If you have any questions about this process please feel free to reach out to Joan at jomeara@houlihanlawrence.com or 914.329.5329

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PUBLIC OPEN HOUSES | SUNDAY, MAY 20TH | 2:00-4:00PM

Rear Exterior – 45 Bradford Avenue in Rye – $1,995,000

Private Dock & Rear Exterior – 27 Harbor Terrace Drive in Rye – $2,095,000

Front Exterior – 78 Hewlett Street in Rye – $1,995,000

Aerial View – 15 Jean Street in Rye – $2,100,000

For a complete list of available open houses in our area this weekend go the the Houlihan Lawrence Website.

Joan Just Listed…
99 GRACE CHURCH STREET in Rye

Asking $1,325,000
Quintessential center-hall Colonial in desirable locale near downtown Rye. Wonderfully sited on .42 park-like acres with beautiful gardens, shaded patio and short walk to town and train.

4 Bedrooms | 2.0 Baths | 2,103 Square Feet | .42 Acres

For more information about this home visit Our Website or contact Joan at jomeara@houlihanlawrence.com

Weekly Real Estate Update (5/11/18 – 5/17/18)

RYE CITY SCHOOLS (10580)

  • Active Single Family Homes – 103
  • SF Homes in Contract – 54
  • Average Listing Price – $3,074,033
  • Average LP Per SF – $671.90
  • Average DOM – 87 Days
  • Median Listing Price – $2,790,000
  • Sales YTD: 2018 – 47 | 2017 – 44

13 New Single Family Listings in Rye:

  • 124 Maple Avenue – $699,500
  • 50 Clinton Avenue – $729,000  HL
  • 16 Fernwood Avenue – $1,095,000
  • 124 Wappanocca Avenue – $1,395,000  HL
  • 26 Halsted Place – $1,650,000  HL
  • 4 Oakwood Avenue – $1,775,000
  • 24 Coolidge Avenue – $2,175,000  New Construction
  • 104 Hix Avenue – $2,795,000  HLNew Construction
  • 36 Drake Avenue – $2,895,000
  • 56 Intervale Place – $3,250,000  New Construction
  • 41 Glendale Avenue – $3,395,000  HL
  • 750 Old Milton Road – $6,800,000

99 Grace Church Street | $1,325,000 | O’Meara Team

4 Price Reductions in Rye

  • 171 Grace Church Street – $1,475,000 to $1,375,000
  • 27 Harbor Terrace Drive – $2,195,000 to $2,095,000
  • 265 Locust Avenue – $3,195,000 to $3,055,000
  • 310 Stuyvesant Avenue – $9,150,000 to $8,950,000

20 Public Open Houses in Rye This Weekend

RYE NECK SCHOOLS (10580)

  • Active Single Family Homes – 20
  • SF Homes in Contract – 5
  • Average Listing Price – $2,557,450
  • Average LP per SF – $529.14
  • Average DOM – 108 Days
  • Median Listing Price – $2,345,000
  • Sales YTD: 2018 – 5 | 2017 – 8

2 New Single Family Listings in Rye Neck 10580

  • 6 Chester Drive – $1,195,000
  • 2 Douglas Circle – $2,495,000

1 Price Reduction in Rye Neck 10580

  • 12 Brevoort Lane – $1,495,000 to $1,375,000

2 Public Open Houses in Rye Neck (10580) This Weekend

HARRISON SCHOOLS (10577, 10580, 10528)

  • Active Single Family Homes – 128
  • SF Homes in Contract – 42
  • Average Listing Price – $2,700,656
  • Average LP per SF – $436.26
  • Average DOM – 166 Days
  • Median Listing Price – $2,395,000
  • Sales YTD: 2018 – 49 | 2017 – 43

5 New Single Family Listings in Harrison:

  • 10 Century Ridge Road (10577) – $1,100,000
  • 10 Bardion Lane (10528) – $1,195,000
  • 9 Rigene Road (10528) – $1,499,000
  • 11 Kenilworth Lane (10580) – $2,100,000
  • 3 Pineview Circle (10577) – $3,000,000

5 Price Reductions in Harrison

  • 2 The Crossing (10577) – $825,000 to $815,000
  • 10 North Braxmar Drive (10528) – $1,895,000 to $1,875,000
  • 10 Puritan Woods Road (10580) – $3,275,000 to $3,150,000
  • 2 Manhattan Avenue (10580) – $3,295,000 to $3,050,000
  • 6 Stoneleigh Manor Lane (10577) – $4,295,000 to $4,150,000

15 Public Open House in Harrison (10580,10528,10577) This Weekend

For more information on any of the above properties or the current real estate market please contact me at jomeara@houlihanlawrence.com.

New Summer Rental in Rye
27 HARBOR TERRACE DRIVE
This unique summer rental opportunity allows you to take in all that Rye has to offer. Located on the bank of an inland waterway offering water access, private dock and scenic views. Spacious and renovated home is in walking distance to beach and parks.

$12,000 | 3,893 Sqft | 5 Bdrms | 3.1 Bths 

Email Joan at jomeara@houlihanlawrence.com for more information.

 

2018 SPECIAL SUMMER EVENTS & PROGRAMS
Rye Town Park is a great place to be to enjoy a wide range of cultural events at our wonderful parkland setting.  All the events and programs are free of charge.

Twilight Concert Series
Location: South Pavilion (with lots of room for sitting outdoors on the lawn or beach)
Time: 7:30-9:00pm (Picnicking is welcome starting at 6:00pm)
Concerts are normally held rain or shine, except in heavy thunderstorms.  There are two rain dates scheduled, if needed.

Date                                     Concert

Tuesday, June 19          Concert – Vital Funkshun
Tuesday, June 26          Concert – Twist Of Fate
Wednesday, July 3        Concert – Reddy Valentino Orchestra
Tuesday, July 10           Concert – Urban Coyotes
Tuesday, July 17           Concert – Billy and the Showmen
Tuesday, July 24           Concert – The Derivatives
Tuesday, Aug 8             Concert – Angelo Rubino Band
Tuesday, Aug 14           Rain Date

Children’s Storytimes Programs
The staff of the Rye Free Reading Room will be leading young children and their caregivers in a fun and educational series of reading, games and other activities.
Location: South Pavilion
Day/Time:  Tuesdays from 9:30-10:15am (July 10 thru August 28)
The programs will be held rain or shine.

Outdoor Family Magic Show And Outdoor Movie
Location: Lawn by the North Beach Entrance and Snack Bar Building
Date: July 12th
Time: Magic Show Begins at 7:00pm (45 minutes) and Movie Begins at 8:30pm (84 minutes)
Movie: Gnomio and Juliet – features music by Elton John and the voices of many well-known actors.

Shakespeare In The Park
Lawnchair Theatre company will present performance of The real Shakespeare in the Park –  “A Midsummer Night’s Dream”
Location: Lawn by the Small Pavilion
Dates: Friday, July 27 and Saturday, July 28
Times: 6:30 to 9:00pm

Songs For Seeds
Songs for seeds is not only about the music (but the music is great). The programs engage kids all while laying the foundation of early childhood education through musical activities.
Location: South Pavilion
Date: September 2nd
Time: 11:00am (45 minutes)

For more information visit the town Website.

Joan Just Listed…
60 BEVERLY DRIVE in Rye

Asking $1,195,000
Immaculate home in walking distance to schools and parks. Features beautifully updated kitchen and baths, spacious living room with fireplace, dining room, family room, master bedroom/bath and level yard with patio.

3 Bedrooms | 2.0 Baths | 1,660 Square Feet | .19 Acres
Also Available for Rent

For more information abuot this home  visit Our Website or contact Joan at jomeara@houlihanlawrence.com