NOT LISTED FOR SALE

Estimated Value: $2,918,439 - $4,680,000

6 Beds
6 Baths
6,254 Sq Ft
$607/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $2,540,000 $406 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,045/month

17 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Canal Access
  • Beach Street Middle School Rated A-
  • 0.57 Acre Lot
  • Modern Architecture

About This Home

As of February 2024

Nestled in West Islip's famed Magoun Landing Waterfront enclave sits this 6254 sq ft custom waterfront oasis. You will enjoy beautiful sunsets all year round from your own private terrace to your own private sandy beach. With unobstructed views of the Great South Bay you will never have to leave home to enjoy the luxuries of resort living. Pull your boat up to your own private slip while your friends dock up against your own private bulkhead. The outdoor kitchen, Gunite pool and spa is perfect for entertaining. Inside you will be greeted with water views from all floors. 2 living rooms featuring fireplaces will keep you warm and cozy during those cool winter nights. You will be the envy of all with your massive first floor entertaining space inclusive of gourmet kitchen, your own private bar and media room. The second floor offers even more expansive views of the Great South Bay and offers multiple bedrooms and baths for guests. The third floor is your own private suite. The bathroom offers a jacuzzi tub, walk in showers and your own private dressing room. Enjoy sitting out on your third-floor covered balcony with a warm cup of coffee watching the sunrise. This one-of-a-kind, custom waterfront gem is just waiting for you to call it home!

Last Agent to Sell the Property

Nicole Petersen

Century 21 Icon Brokerage Phone: 631-476-7600 License #10301216499 Listed on: 12/22/2023

Century 21 Icon

Last Buyer's Agent

Jake Guadagno

Serhant LLC License #10401282792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,590

Year Built

  • Built in 2003

Lot Details

  • 0.57 Acre Lot
  • Beach Front
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Attached Garage

Home Design

  • Modern Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 6,254 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Home Office
  • Water Views
  • Crawl Space
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Outdoor Features

  • In Ground Pool
  • Canal Access
  • Bulkhead
  • Balcony

Schools

  • Paul J Bellew Elementary School
  • Beach Street Middle School
  • West Islip Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 1 / 0004
  • Assessor Parcel Number 0500-481-00-04-00-001-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,590

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Modern
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2003
  • New Construction: No
  • Attribution Contact: 631-476-7600
  • Special Features: 5184
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Den/Family Room, Entrance Foyer, Granite Counters, Home Office, Master Bath, Powder Room
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Crawl Space
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 6254
  • AtticDescription: None
  • SquareFootage: 6254.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Stucco
  • Waterfront Features: Bay/Harbor, Beach Front, Canal Access, Water Access, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Balcony, Bulkhead
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Beach Street Middle School

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Area: 0.57
  • Lot Dimensions: .57
  • Lot Size Sq Ft: 24829
  • Lot Size Units: Acres
  • Parcel Number: 0500-481-00-04-00-001-003
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-02-23

Tax Info

  • Tax Annual Amount: 45589.78
  • Tax Block: 0004
  • Tax Lot: 1
  • Tax Map Number: 0500-481-00-04-00-001-003

MLS Schools

  • Elementary School: Paul J Bellew Elementary School
  • High School: West Islip Senior High School
  • Middle School District: West Islip

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Bank Of New York Mellon and Haley
Bought by
Cwalt Inc and Bank Of New York Mellon
Total Days on Market
17
Current Estimated Value
$3,799,220

Purchase Details

Listed on
Dec 22, 2023
Closed on
Feb 23, 2024
Sold by
Cwalt Inc and Bank Of New York Mellon
Bought by
Chemtob Robert J
Seller's Agent
Nicole Petersen
Century 21 Icon
Buyer's Agent
Jake Guadagno
Serhant LLC
List Price
$2,499,000
Sold Price
$2,540,000
Premium/Discount to List
$41,000
1.64%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.63%
Original Mortgage
$2,000,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2008

Purchase Details

Closed on
Feb 15, 2005
Sold by
Haley Michel
Bought by
Haley Lisa

Purchase Details

Closed on
May 7, 2003
Sold by
Lafranca Peter and Lafranca Anne Marie
Bought by
Haley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
5.86%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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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
Cwalt Inc $4,351,733 New Millennium Title Group
Cwalt Inc $4,351,733 New Millennium Title Group
Chemtob Robert J $2,667,000 Old Republic Title
Chemtob Robert J $2,667,000 Old Republic Title
-- -- --
-- -- --
Haley Lisa -- --
Haley Lisa -- --
Haley Michael $1,250,000 --
Haley Michael $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chemtob Robert J $2,000,000
Previous Owner Haley Michael $200,000
Previous Owner Haley Michael $915,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $2,540,000 +1.6% $406 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $2,499,000 -- $400 / 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 $45,590 $160,000 $37,500 $122,500
2022 $41,937 $160,000 $37,500 $122,500
2021 $41,937 $160,000 $37,500 $122,500
2020 $42,661 $157,000 $37,500 $119,500
2019 $42,661 $0 $0 $0
2018 -- $157,000 $37,500 $119,500
2017 $41,079 $157,000 $37,500 $119,500
2016 $41,203 $157,000 $37,500 $119,500
2015 -- $157,000 $37,500 $119,500
2014 -- $157,000 $37,500 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3522165

OneKey® MLS

APN: 0500-481-00-04-00-001-003