NOT LISTED FOR SALE

1235 Wells Rd Peconic, NY 11958

Estimated Value: $1,914,000 - $2,631,000

3 Beds
2.5 Baths
3,364 Sq Ft
$650/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $2,100,000 $624 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,316/month

200 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Home fronts a creek
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2024

Completely Renovated Malibu-Style Modern Beach House Located in the heart of Peconic on the North Fork of Long Island with direct waterfront access to Richmond Creek which leads out to Peconic Bay. Surrounded by vast farmlands and local wineries/breweries only minutes away, making this a great environment for hosting family and guests. In nearby Southold town where Albert Einstein once strolled the streets, there is fine dining, upscale shopping, beaches, concerts, and marinas all within a short distance from the home. Sited perfectly on Richmond Creek capturing excuisite water and sanctuary views. State-of-the-art kitchen, European cabinetry, Terrazzo slab flooring, custom brass and copper bathroom fixtures, new HVAC, super-efficient heat pump, passive solar, new roof, and much more. Sale can include all contents inside of home "as-is" fully furnished. Rendered pool is not included in listing price.

Last Agent to Sell the Property

Scott Bennett

Douglas Elliman Real Estate Brokerage Phone: 631-354-8100 License #40BE1072000 Listed on: 07/29/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Diane Arpaia

Signature Premier Properties License #10401273469

Signature Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,491

Year Built

  • Built in 1985

Lot Details

  • 1.35 Acre Lot
  • Home fronts a creek
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 3,364 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Southold Elementary School
  • Southold Junior-Senior High Middle School
  • Southold Junior-Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 13 / 6
  • Assessor Parcel Number 1000-075-00-06-00-013-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,491

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1985
  • New Construction: No
  • Attribution Contact: 631-354-8100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Home Office, Master Bath, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 3364
  • Window Features: Skylight(s)
  • AtticDescription: None
  • SquareFootage: 3364.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Creek, Waterfront
  • View: Water
  • Exterior Features: Balcony, Sprinkler System
  • Patio and Porch Features: Deck, Patio
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Southold Junior-Senior High School

Lot Info

  • Lot Size Acres: 1.35
  • Lot Dimensions: 1.35
  • Lot Size Sq Ft: 58806
  • Lot Size Units: Acres
  • Parcel Number: 1000-075-00-06-00-013-001
  • Zoning Description: Residential
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-28

Rental Info

  • Lease Considered: No
  • Available Date: 2024-03-29

Tax Info

  • Tax Annual Amount: 10490.69
  • Tax Block: 6
  • Tax Lot: 13
  • Tax Map Number: 1000-075-00-06-00-013-001

MLS Schools

  • Elementary School: Southold Elementary School
  • High School: Southold Junior-Senior High School
  • Middle School District: Southold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Mar 28, 2024
Sold by
Dirt Hld Llc
Bought by
Kerwick Carolyn F
Seller's Agent
Scott Bennett
Douglas Elliman Real Estate
Buyer's Agent
Diane Arpaia
Signature Premier Properties
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
332
Current Estimated Value
$2,187,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,894
Avg. Annual Appreciation
2.27%
Original Mortgage
$1,680,000
Outstanding Balance
$1,647,793
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$540,101

Purchase Details

Listed on
Oct 25, 2021
Closed on
Apr 1, 2022
Sold by
Dinunzio Alfred N and Dinunzio Barbara H
Bought by
Dirt Holdings Llc
Seller's Agent
Scott Bennett
Douglas Elliman Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kerwick Carolyn F $2,100,000 Stewart Title
Kerwick Carolyn F $2,100,000 Stewart Title
Dirt Holdings Llc $1,400,000 None Available
Dirt Holdings Llc $1,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerwick Carolyn F $1,680,000
Closed Kerwick Carolyn F $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $2,100,000 -4.3% $624 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $2,195,000 +4.5% $652 / Sq Ft
01/30/2024 01/30/24 Off Market $2,100,000 -- --
10/02/2023 10/02/23 Price Changed $2,195,000 -12.0% $652 / Sq Ft
08/25/2023 08/25/23 Price Changed $2,495,000 -3.9% $742 / Sq Ft
07/29/2023 07/29/23 For Sale $2,595,000 +85.4% $771 / Sq Ft
04/01/2022 04/01/22 Sold $1,400,000 0.0% -- View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
01/20/2022 01/20/22 Off Market $1,400,000 -- --
10/25/2021 10/25/21 For Sale $1,495,000 -- --
Source: OneKey® MLS

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 $11,313 $7,600 $1,400 $6,200
2023 $11,313 $7,600 $1,400 $6,200
2022 $9,361 $7,400 $1,400 $6,000
2021 $9,018 $7,400 $1,400 $6,000
2020 $8,909 $7,400 $1,400 $6,000
2019 $8,909 $0 $0 $0
2018 $9,152 $7,400 $1,400 $6,000
2017 $8,408 $7,400 $1,400 $6,000
2016 $8,322 $7,400 $1,400 $6,000
2015 -- $7,400 $1,400 $6,000
2014 -- $7,400 $1,400 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3494446

OneKey® MLS

APN: 1000-075-00-06-00-013-001