148E N Ferry Rd Shelter Island, NY 11964
Shelter Island NeighborhoodEstimated Value: $1,744,000
3
Beds
3
Baths
2,350
Sq Ft
$742/Sq Ft
Est. Value
Highlights
- Water Views
- 1.8 Acre Lot
- Post and Beam
- Home fronts a creek
- Deck
- Cathedral Ceiling
About This Home
As of September 2023Owned by the same family for decades, this striking waterfront post and beam construction sits on serene 1.8 acres overlooking Gardiners Creek and Sylvester Manor. With incredible privacy and ample room for a pool and accessory structures, the property is perfect for indoor/outdoor lifestyle and entertaining with a generous open floor plan and multiple decks. Soaring cathedral ceilings and countless oversized windows create a home filled with natural light. Two fireplaces, radiant heat throughout the main living space, three en-suite bedrooms, and a large loft. This waterfront beauty is ready for its next owner to put their stamp on it with a material palate ideally suited for a designer's eye. There are no like-kind alternatives to this unique Shelter Island opportunity.
Last Agent to Sell the Property
Compass Greater NY LLC License #10401343265 Listed on: 05/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,073
Year Built
- Built in 1990
Lot Details
- 1.8 Acre Lot
- Home fronts a creek
- East Facing Home
Home Design
- Post and Beam
- Cedar
Interior Spaces
- 2,350 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- 2 Fireplaces
- Den
- Wood Flooring
- Water Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Private Parking
- Driveway
Outdoor Features
- Balcony
- Deck
- Outbuilding
- Porch
Schools
- Shelter Island Elementary And Middle School
- Shelter Island High School
Utilities
- Central Air
- Heating System Uses Oil
- Radiant Heating System
- Well
- Septic Tank
Listing and Financial Details
- Legal Lot and Block 60 / 4
- Assessor Parcel Number 0700-007-00-04-00-060-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2023
Closed on
Sep 13, 2023
Sold by
Elwanor Oakley Lt and Kitz
Bought by
Lack Andrew R and Patton Becsy S
Seller's Agent
Bridget Elkin
Compass Greater NY LLC
Buyer's Agent
Tina Marika Kaasik
Daniel Gale Sothebys Intl Rlty
List Price
$3,150,000
Sold Price
$2,850,000
Premium/Discount to List
-$300,000
-9.52%
Views
493
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
-$1,106,000
Avg. Annual Appreciation
-24.11%
Purchase Details
Closed on
Nov 21, 1996
Sold by
Oakley Eleanor
Bought by
Oakley Eleanor and Oakley Living Trust
Similar Homes in Shelter Island, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lack Andrew R | $2,850,000 | None Available | |
| Oakley Eleanor | -- | -- | |
| Oakley Eleanor | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2023 09/13/23 | Sold | $2,850,000 | -9.5% | $1,213 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | For Sale | $3,150,000 | -- | $1,340 / Sq Ft |
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 | $3,967 | $1,377,000 | $799,000 | $578,000 |
| 2023 | $3,967 | $1,377,000 | $799,000 | $578,000 |
| 2022 | $7,837 | $1,377,000 | $799,000 | $578,000 |
| 2021 | $7,717 | $1,377,000 | $799,000 | $578,000 |
| 2020 | $7,570 | $1,376,000 | $799,000 | $577,000 |
| 2019 | $7,570 | $0 | $0 | $0 |
| 2018 | $7,208 | $1,368,000 | $816,500 | $551,500 |
| 2017 | $7,208 | $1,340,000 | $816,000 | $524,000 |
| 2016 | $7,516 | $1,365,000 | $816,000 | $549,000 |
| 2015 | -- | $1,275,000 | $816,000 | $459,000 |
| 2014 | -- | $1,205,000 | $795,400 | $409,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bridget Elkin
Seller's Agent in 2023
Bridget Elkin
Compass Greater NY LLC
(631) 251-8644
6 in this area
162 Total Sales
-
Eric Elkin
E
Seller Co-Listing Agent in 2023
Eric Elkin
Compass Greater NY LLC
(631) 251-8644
3 in this area
107 Total Sales
-
Tina Marika Kaasik
Buyer's Agent in 2023
Tina Marika Kaasik
Daniel Gale Sotheby's
(631) 749-1155
19 in this area
20 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3478369
APN: 0700-007-00-04-00-060-001
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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