NOT LISTED FOR SALE

116 Centre Island Rd Oyster Bay, NY 11771

Centre Island Neighborhood

Estimated Value: $6,422,742

6 Beds
9 Baths
5,323 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $8,100,000 $1,522 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $35,958/month

413 Days on Market

Highlights

  • Docks
  • Beach Access
  • Tennis Courts
  • Theodore Roosevelt Elementary School Rated A
  • Home fronts a sound
  • Home fronts a pond

About This Home

As of October 2021

SPECTACULAR 8.71 WATERFRONT PROPERTY WITH NEARLY 1000 SQ. FT. OF OPEN OYSTER BAY HARBOR DIRECT WATER.SURROUNDED BY A 75-FT BOAT BASIN. THIS TROPHY RESIDENCE BOASTS ARCHITECTURALLY DESIGNED LANDSCAPING AROUND THE ENTIRE PROPERTY INCLUDING THE NEW TENNIS COURT, POOL, LG. POOL HOUSE,SPA & A 120 YD PAR THREE! ALONG WITH GEO-THERMALLY SUPPLIED IN-FLOOR RADIANT HEAT AND COOLING SYSTEMS AND SOPHISTICATED SECURITY THROUGHOUT, OFFERING A LUXURIOUS LIFESTYLE IN A MAJESTIC WATERFRONT SETTING.

Last Agent to Sell the Property

Margaret Trautmann

Compass Greater NY LLC Brokerage Phone: 516-361-4646 License #30TR0791902 Listed on: 06/22/2020

Compass Greater NY LLC

Last Buyer's Agent

Regina Rogers

Douglas Elliman Real Estate License #40RO0870257

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,023

Year Built

  • Built in 2014

Lot Details

  • 4.91 Acre Lot
  • Home fronts a pond
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Private Entrance
  • Level Lot
  • Sprinkler System
  • Subdivision Possible

Parking

  • 4 Garage Spaces | 3 Attached and 1 Detached
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Contemporary Architecture
  • Advanced Framing
  • Frame Construction
  • Blown-In Insulation

Interior Spaces

  • 3-Story Property
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 3 Fireplaces
  • Double Pane Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Sauna
  • Home Gym
  • Wood Flooring
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • ENERGY STAR Certified Homes

Outdoor Features

  • Beach Access
  • Canal Access
  • Bulkhead
  • Docks
  • Tennis Courts
  • Rooftop Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding
  • Porch

Location

  • Property is near public transit

Schools

  • Theodore Roosevelt Elementary School
  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Humidifier
  • Geothermal Heating and Cooling
  • Well
  • Cesspool

Community Details

  • Powered Boats Allowed
  • Park

Listing and Financial Details

  • Legal Lot and Block 52, 53 / C

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,023

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Property Condition: NEW
  • Levels: Three Or More
  • Year Built: 2014
  • New Construction: No
  • Attribution Contact: 516-361-4646
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Humidifier, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Elevator, Exercise Room, Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Living Room/Dining Room Combo, Master Bath, Pantry, Powder Room, Sauna, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: A/C Units,Air Filter System,Alarm System,Central Vacuum,Chandelier(s),Cook Top,Dehumidifier,Dishwasher,Disposal,Dryer,Freezer,Garage Door Opener,Garage Remote,Gas Grill,Gas Tank,Generator,Humidifier,Light Fixtures,Mailbox,Pool Equipt/Cover,Refrigerator,Second Dishwasher,Second Dryer,Second Freezer,Second Washer,Shades/Blinds,Shed,Speakers Indoor,Speakers Outdoor,Wall Oven,Whole House Ent. Syst,Wine Cooler
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Window Features: Double Pane Windows, Skylight(s)
  • AtticDescription: See Remarks
  • NumberOfKitchens: 1

Exterior Features

  • Other Structures: Outbuilding, Workshop
  • Construction Materials: Advanced Framing Technique, Blown-In Insulation, Energy Star (Yr Blt), Frame, Shingle Siding
  • Frontage Length: 959
  • Waterfront Features: Bay/Harbor, Beach Access, Canal Access, Harbor, Pond, Sound, Water Access, Waterfront
  • View: Open, Panoramic, Other
  • Exterior Features: Private Entrance, Roof Deck, Sprinkler System, Tennis Court(s), Bulkhead, Dock
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached, Attached, 3 Car Attached, Driveway, Storage

Utilities

  • Cooling: Geothermal
  • Cooling: Yes
  • Heating: None, Geothermal
  • Security: Security System, Fire Splinkler System
  • Sewer: Cesspool
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Geothermal

Condo/Co-op/Association

  • Association Amenities: Powered Boats Allowed
  • Senior Community: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Size Acres: 4.91
  • Lot Size Area: 4.91
  • Lot Dimensions: 8.71
  • Lot Size Sq Ft: 213917
  • Lot Size Units: Acres
  • Lot Features: Level, Possible Sub Division, Near Public Transit
  • Zoning Description: RESIDENTIAL
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Rental Info

  • Lease Considered: No
  • Available Date: 2021-10-15

Tax Info

  • Tax Annual Amount: 138022.53
  • Tax Block: C
  • Tax Lot: 52, 53
  • Tax Other Annual Assessment Amount: 43704.3

MLS Schools

  • Elementary School: Theodore Roosevelt School
  • High School: Oyster Bay High School
  • Middle School District: Oyster Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 19, 2021
Sold by
Tate G Truett G and Tate Dorthe
Bought by
Mai James and Mai Chiara
Seller's Agent
Margaret Trautmann
Compass Greater NY LLC
Buyer's Agent
Regina Rogers
Douglas Elliman Real Estate
List Price
$10,900,000
Sold Price
$8,100,000
Premium/Discount to List
-$2,800,000
-25.69%
Current Estimated Value
$6,422,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,677,258
Avg. Annual Appreciation
-5.80%

Purchase Details

Closed on
Feb 7, 2001
Source: Public Records

Range of Values:

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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
Mai James $5,670,000 None Available
-- -- --
Tate G Truett -- Roy Justice
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai James $6,480,000
Previous Owner Tate G Truett $100,000
Previous Owner Tate G Truett $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $8,100,000 -9.9% $1,522 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $8,995,000 -10.0% $1,690 / Sq Ft
05/14/2021 05/14/21 Price Changed $9,995,000 +0.2% $1,878 / Sq Ft
10/14/2020 10/14/20 Price Changed $9,975,000 -8.5% $1,874 / Sq Ft
06/22/2020 06/22/20 For Sale $10,900,000 -- $2,048 / 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
2025 $12,356 $5,909 $3,235 $2,674
2024 $12,356 $5,535 $2,618 $2,917
2023 $78,826 $5,850 $2,767 $3,083
2022 $78,826 $6,840 $3,235 $3,605
2021 $90,065 $7,203 $3,240 $3,963
2020 $81,413 $9,100 $4,524 $4,576
2019 $19,269 $11,115 $5,526 $5,589
2018 $73,931 $11,115 $0 $0
2017 $67,497 $11,115 $5,526 $5,589
2016 $85,821 $6,709 $5,526 $1,183
2015 $11,270 $8,087 $4,958 $3,129
2014 $11,270 $8,087 $4,958 $3,129
2013 $10,877 $8,323 $5,526 $2,797
Source: Public Records

Agents Affiliated with this Home

  • Margaret Trautmann

    Seller's Agent in 2021

    Margaret Trautmann

    Compass Greater NY LLC

    (516) 361-4646

    2 in this area

    47 Total Sales

    Margaret Trautmann
    Section Image
  • Regina Rogers

    Buyer's Agent in 2021

    Regina Rogers

    Douglas Elliman Real Estate

    (516) 314-0953

    9 in this area

    80 Total Sales

    Regina Rogers
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3224837

OneKey® MLS

APN: 2405-28-C-00-0053-0

New York Nassau County Oyster Bay 11771 Centre Island

116 Centre Island Rd, Oyster Bay, NY

This home is located at 116 Centre Island Rd, Oyster Bay, NY 11771 since 22 June 2020 and is currently estimated at $6,422,742, approximately $1,206 per square foot. This property was built in 2014. 116 Centre Island Rd is a home located in Nassau County with nearby schools including Theodore Roosevelt Elementary School, James H. Vernon School, and Oyster Bay High School.

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