Seller's Agent in 2020
Mary Elizabeth Galle
Corcoran
(203) 216-7272
7 in this area
8 Total Sales
12 Tims Trail Shelter Island, NY 11964
Shelter Island NeighborhoodEstimated Value: $1,613,000
4
Beds
4.5
Baths
2,500
Sq Ft
$645/Sq Ft
Est. Value
Highlights
- Beach Access
- Wood Flooring
- 1 Fireplace
- Deck
- Main Floor Primary Bedroom
- Detached Garage
About This Home
As of May 2020Island getaway Farmhouse. Start your day with coffee on the charming porch. Enjoy gatherings in the sun filled open kitchen, dining room & family room. Outside entertaining is easily accomplished on the spacious deck that stepping down to a private, & fenced in yard. The cozy living room with fireplace sets the mood of this home. The first floor features 2 ensuite bedrooms, one serves as the master suite & the other service guest area. 2 bedroom & full bath complete the upper level., Additional information: Appearance:excellent,Separate Hotwater Heater:1
Last Agent to Sell the Property
Corcoran License #10401270241 Listed on: 10/23/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,744
Year Built
- Built in 2002
Lot Details
- 0.5 Acre Lot
Parking
- Detached Garage
Home Design
- Frame Construction
Interior Spaces
- Skylights
- 1 Fireplace
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Deck
- Porch
Schools
- Shelter Island Middle School
- Shelter Island High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
Listing and Financial Details
- Legal Lot and Block 68 / 2
- Assessor Parcel Number 0700-017-00-02-00-068-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2019
Closed on
May 11, 2020
Sold by
Gaughan Matt
Bought by
Otto Valerie
Seller's Agent
Mary Elizabeth Galle
Corcoran
Buyer's Agent
Mary Elizabeth Galle
Corcoran
List Price
$975,000
Sold Price
$880,000
Premium/Discount to List
-$95,000
-9.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,000
Avg. Annual Appreciation
14.44%
Original Mortgage
$607,500
Outstanding Balance
$536,457
Interest Rate
2.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,276,543
Purchase Details
Closed on
Aug 1, 2017
Sold by
Biamonti Renate
Bought by
Gaughan Matt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,600
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2003
Sold by
Read Custom Homes Inc
Bought by
Biamonti Renate
Purchase Details
Closed on
Jun 26, 2002
Sold by
Hurley J Gaven
Bought by
Read Custom Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Otto Valerie | $880,000 | None Available | |
| Gaughan Matt | $807,000 | None Available | |
| Biamonti Renate | $428,485 | First American Title Ins Co | |
| Read Custom Homes Inc | $86,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otto Valerie | $607,500 | |
| Previous Owner | Gaughan Matt | $645,600 | |
| Previous Owner | Biamonti Renate | $65,000 | |
| Previous Owner | Monroe Kevin | $417,000 | |
| Previous Owner | Read Custom Homes Inc | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Off Market | $880,000 | -- | -- |
| 05/11/2020 05/11/20 | Sold | $880,000 | -4.9% | $352 / Sq Ft |
| 01/28/2020 01/28/20 | Price Changed | $925,000 | -5.1% | $370 / Sq Ft |
| 10/23/2019 10/23/19 | For Sale | $975,000 | -- | $390 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $5,477 | $859,000 | $255,000 | $604,000 |
| 2023 | $5,477 | $859,000 | $255,000 | $604,000 |
| 2022 | $5,407 | $859,000 | $255,000 | $604,000 |
| 2021 | $5,025 | $859,000 | $255,000 | $604,000 |
| 2020 | $4,917 | $810,000 | $255,000 | $555,000 |
| 2019 | $4,917 | $0 | $0 | $0 |
| 2018 | $4,299 | $800,000 | $315,000 | $485,000 |
| 2017 | $4,299 | $776,000 | $180,000 | $596,000 |
| 2016 | $4,313 | $765,000 | $180,000 | $585,000 |
| 2015 | -- | $742,000 | $171,400 | $570,600 |
| 2014 | -- | $737,000 | $171,400 | $565,600 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Elizabeth Galle
Map
Source: OneKey® MLS
MLS Number: L3174813
APN: 0700-017-00-02-00-068-000
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