NOT LISTED FOR SALE

118 Peninsula Dr Babylon, NY 11702

Estimated Value: $1,735,033 - $4,100,000

5 Beds
5.5 Baths
8,000 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $2,750,000 $344 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $22,440/month

Highlights

  • Beach Front
  • In Ground Pool
  • 0.76 Acre Lot
  • Babylon Memorial Grade School Rated A-
  • Rooftop Deck
  • Canal Access

About This Home

As of September 2020

Entertainer's dream! The main level features a breathtaking foyer w/ vaulted ceilings&sweeping staircase, open kitchen w/ all new stainless steel appliances, butler's pantry w/ refrigerator&wet/wine bars, a dining room big enough for 30&a family room that opens up to the beautiful yard. The 2nd level features 5 bedrooms in total w/remote controlled room darkening shades. The guest quarters section of the home which has a separate bedroom & bath, deluxe laundry room, separate entrance, 2 car garage&washer/dryer. On 2nd floor gorgeous living room gas fireplace access to the balcony overlooking the backyard a built in bar&wine fridge, a gym, updated theater room w/ new electronic chairs, a larger screen&room darkening shades. A completely redone yard- a gunnite pool w/ a new heater & filter, high end & ipe wood dock, new raised bulkhead w/ vinyl siding & new dock box for boat&new tile deck that spans the entire width of the house w/ a built in bar/barbeque- it's a backyard paradise

Last Agent to Sell the Property

Tammy Ramsay

Eric G Ramsay Jr Assoc LLC Brokerage Phone: 631-665-1500 License #40RA0982562 Listed on: 05/16/2020

Eric G Ramsay Jr Assoc LLC

Last Buyer's Agent

David Shaulov

LA Rosa Realty New York LLC License #10401319157

LA Rosa Realty New York LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,391

Year Built

  • Built in 2009 | Remodeled in 2019

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 125x265
  • Beach Front
  • Cul-De-Sac
  • Private Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 8,000 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • New Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Home Gym
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Canal Access
  • Bulkhead
  • Balcony
  • Rooftop Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Babylon Junior-Senior High Middle School
  • Babylon Junior-Senior High School

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 8000 / 300
  • Assessor Parcel Number 0102-015-00-03-00-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,391

Year Built

Built in 2009 | Remodeled in 2019

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Diamond
  • Year Built: 2009
  • New Construction: No
  • Year Built Effective: 2019
  • Attribution Contact: 631-665-1500
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: Private Roof, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Granite Counters, Guest Quarters, Home Office, Living Room/Dining Room Combo, Marble Bath, Marble Counters, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space, Unfinished
  • Inclusions: Alarm System,Central Vacuum,Convection Oven,Curtains/Drapes,Dishwasher,Disposal,Door Hardware,Dryer,Entertainment Cabinets,Fireplace Equip,Flat Screen TV Bracket,Freezer,Garage Door Opener,Garage Remote,Hot Tub,Mailbox,Microwave,Pool Equipt/Cover,Refrigerator,Second Dishwasher,Second Dryer,Second Freezer,Second Stove,Second Washer,Shades/Blinds,Solar Panels Owned,Speakers Indoor,Speakers Outdoor,Wall Oven,Whole House Ent. Syst,Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 8000
  • Window Features: New Windows
  • AtticDescription: See Remarks
  • SquareFootage: 8000.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick, Stucco, Vinyl Siding
  • Waterfront Features: Beach Front, Canal Access, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Open, Water
  • Exterior Features: Balcony, Roof Deck, Sprinkler System, Bulkhead
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Attached, 4+ Car Attached, Driveway, Garage, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas, Forced Air
  • Security: Security System
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public
  • GarbageRemoval: Public
  • NumberOfHeatingZones: 4
  • SeparateHotwaterHeaterDetail: yes

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Babylon Junior-Senior High School

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size Area: 0.76
  • Lot Dimensions: 125X265
  • Lot Size Sq Ft: 33125
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Cul-De-Sec, Private
  • Parcel Number: 0102-015-00-03-00-008-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-05-18

Green Features

  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No
  • Available Date: 2020-08-03

Tax Info

  • Tax Annual Amount: 48390.74
  • Tax Block: 300
  • Tax Lot: 8000
  • Tax Other Annual Assessment Amount: 4873.15
  • Tax Map Number: 0102-015-00-03-00-008-000
  • IncludedInTaxes: Sewer

MLS Schools

  • High School: Babylon Junior-Senior High School
  • Middle School District: Babylon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Sep 23, 2020
Sold by
Sparty Holdings Llc
Bought by
Hajjar Rami
Seller's Agent
Tammy Ramsay
Eric G Ramsay Jr Assoc LLC
Buyer's Agent
David Shaulov
LA Rosa Realty New York LLC
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Current Estimated Value
$3,197,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,008
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Silverman Kenneth and Silverman Toni Marie
Bought by
Nicholas Andrea

Purchase Details

Closed on
May 29, 2008
Sold by
Sottilo Charles A
Bought by
Silverman Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Hajjar Rami -- None Available
Nicholas Andrea -- None Available
Silverman Kenneth $1,100,000 Kenneth Silverman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverman Kenneth $417,000
Previous Owner Silverman Kenneth $463,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $2,750,000 -8.2% $344 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $2,995,000 -- $374 / 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
2024 $65,678 $18,600 $1,990 $16,610
2023 $59,968 $18,600 $1,990 $16,610
2022 $40,578 $18,600 $1,990 $16,610
2021 $40,578 $18,600 $1,990 $16,610
2020 $43,518 $14,410 $1,990 $12,420
2019 $48,391 $0 $0 $0
2018 $42,379 $14,410 $1,990 $12,420
2017 $42,379 $14,410 $1,990 $12,420
2016 $39,042 $14,410 $1,990 $12,420
2015 -- $14,410 $1,990 $12,420
2014 -- $14,410 $1,990 $12,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3215679

OneKey® MLS

APN: 0102-015-00-03-00-008-000