NOT LISTED FOR SALE

Estimated Value: $1,460,000

3 Beds
2 Baths
1,400 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $1,120,000 $800 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,342/month

14 Days on Market

Highlights

  • Beach Access
  • Main Floor Primary Bedroom
  • Cottage
  • Deck
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2023

This stylishly renovated ranch features an open floor plan with wood burning fireplace, a large primary suite, two additional guest rooms, and a second full bath. The generous .6+ acre lot is beautifully landscaped with mature privet and ornamental plantings, offering plenty of room for a pool and outdoor entertainment. Attached two-car garage, a circular driveway, and a full basement. Community dock with water access to West Neck Bay. Charming, low maintenance, and ready for summer! All less than a mile from the Heights, Sunset Beach, Leon, and more.

Last Listed By

Eric Elkin

Compass Greater NY LLC License #10401343369 Listed on: 04/25/2023

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1981 | Remodeled in 2018

Lot Details

  • 0.61 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Deck

Schools

  • Shelter Island Elementary And Middle School
  • Shelter Island High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Assessor Parcel Number 0700-014-00-02-00-014-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,629

Year Built

Built in 1981 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Year Built: 1981
  • New Construction: No
  • Year Built Effective: 2018
  • Co List Office Mls Id: ONECMPA15
  • Co List Office Phone: 631-251-8644
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Master Bath
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1400
  • AtticDescription: Partial
  • SquareFootage: 1400.00
  • SquareFootageSource: Other
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Wood Siding
  • Waterfront Features: Beach Access, Water Access
  • Fencing: Partial
  • Patio and Porch Features: Deck
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Shelter Island School

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size Area: 0.61
  • Lot Dimensions: .61
  • Lot Size Sq Ft: 26572
  • Lot Size Units: Acres
  • Parcel Number: 0700-014-00-02-00-014-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-26

Rental Info

  • Lease Considered: No
  • Available Date: 2023-06-30

Tax Info

  • Tax Annual Amount: 4629.06
  • Tax Block: 2
  • Tax Lot: 14
  • Tax Map Number: 0700-014-00-02-00-014-000

MLS Schools

  • Elementary School: Shelter Island School
  • High School: Shelter Island School
  • Middle School District: Shelter Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 14, 2023
Sold by
Garea Lindsay and Garea Michael
Bought by
Crandy Joseph M and Voss Christopher
Seller's Agent
Eric Elkin
Compass Greater NY LLC
Buyer's Agent
Susan Cincotta
Susan C Cincotta
List Price
$995,000
Sold Price
$1,120,000
Premium/Discount to List
$125,000
12.56%
Total Days on Market
14
Views
62
Current Estimated Value
$1,460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,000
Avg. Annual Appreciation
11.87%
Original Mortgage
$840,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2016
Sold by
Nelson Lauritz T and Nelson Virgina G
Bought by
Garea Lindsey and Garea Michael

Purchase Details

Closed on
May 12, 2005
Sold by
Nelson Lauritz
Bought by
Nelson Lauritz

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crandy Joseph M $1,120,000 None Available
Crandy Joseph M $1,120,000 None Available
Garea Lindsey $625,000 Seaport Title
Garea Lindsey $625,000 Seaport Title
Nelson Lauritz -- --
Nelson Lauritz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crandy Joseph M $840,000
Previous Owner Garea Lindsay $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,120,000 +12.6% $800 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $995,000 -- $711 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,315 $726,000 $271,000 $455,000
2022 $4,570 $726,000 $271,000 $455,000
2021 $4,454 $726,000 $271,000 $455,000
2020 $4,331 $718,000 $271,000 $447,000
2019 $4,331 $0 $0 $0
2018 $3,845 $704,000 $324,900 $379,100
2017 $3,845 $551,000 $209,700 $341,300
2016 $2,301 $535,000 $209,700 $325,300
2015 -- $519,000 $199,700 $319,300
2014 -- $516,000 $199,700 $316,300
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3473579

OneKey® MLS

APN: 0700-014-00-02-00-014-000