NOT LISTED FOR SALE

16 Gilbert Rd Montauk, NY 11954

Estimated Value: $2,509,000 - $3,362,000

4 Beds
5 Baths
3,652 Sq Ft
$799/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $2,155,000 $590 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $16,310/month

67 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Nantucket Architecture
  • Montauk School Rated A
  • Wood Flooring
  • Main Floor Primary Bedroom

About This Home

As of February 2023

Nantucket style ranch set on a shy acre is smartly sophisticated, incorporating over 3,600 sq. ft. of living area. Consisting of four bedrooms (and Bonus Room), each with their own walk-in closet and marble & tile en suite bath, a living and dining area that share a grand open expanse, a large eat-in kitchen, walk-in pantry, laundry room, powder room and garage. The living area is accented by a delightful cupola which infuses the area with natural light. The kitchen is state of the art incorporating a six burner Thermador stove with double ovens and a water spout for filling those lobster pots, granite, custom lighting and stainless steel appliances. The Brazilian cherry floors add a richness throughout the gathering areas and, naturally, tile floors are found in the kitchen and baths. Some of the ceilings are cathedral with bead board finishing (kitchen, primary BR and guest). There's an attached garage and a salt water pool and covered sitting.

Last Agent to Sell the Property

Joseph Van Asco

Douglas Elliman Real Estate License #10401285642 Listed on: 09/29/2022

Douglas Elliman Real Estate

Co-Listed By

Susan Ceslow

Douglas Elliman Real Estate License #30CE1014872

Last Buyer's Agent

Non Member

NonMember

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,700

Year Built

  • Built in 2006

Lot Details

  • 0.8 Acre Lot
  • Fenced

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Nantucket Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,652 Sq Ft Home
  • Cathedral Ceiling
  • 4 Fireplaces
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Montauk Elementary And Middle School
  • East Hampton High School

Utilities

  • Central Air
  • 3 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 20 / 0003
  • Assessor Parcel Number 0300-019-00-03-00-020-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,700

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Nantucket
  • Property SubType: Single Family Residence
  • Property Condition: Very Good
  • Year Built: 2006
  • New Construction: No
  • Attribution Contact: 631-668-6565
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Den/Family Room, Granite Counters, Living Room / Dining Room, Master Bath, Pantry, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 4
  • Attic Description: Pull Stairs
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Crawl Space
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3652.00
  • Kitchens: 1
  • Square Footage: 3652.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Flood Zone Date: 2022-09-30
  • Flood Zone Report: Yes
  • Fencing: Fenced
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Electric Stand Alone
  • Heating Zones: 3
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Montauk School

Lot Info

  • Lot Size Acres: 0.8000
  • Lot Dimensions: .79
  • Lot Size Sq Ft: 34848.00
  • Lot Size Units: Acres
  • Parcel Number: 0300-019-00-03-00-020-002
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-02-09
  • Tax Annual Amount: 8700.00
  • Tax Block: 0003
  • Tax Lot: 20
  • Tax Map Number: 0300-019-00-03-00-020-002

MLS Schools

  • Elementary School: Montauk School
  • High School: East Hampton High School
  • Middle School District: Montauk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Feb 7, 2023
Sold by
Gosselin Luke and Gosselin Kimbely
Bought by
Abrams Brad and Abrams Brooke
Seller's Agent
Joseph Van Asco
Douglas Elliman Real Estate
Buyer's Agent
Non Member
NonMember
List Price
$2,795,000
Sold Price
$2,155,000
Premium/Discount to List
-$640,000
-22.9%
Views
159
Current Estimated Value
$2,918,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,782
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mcgrath Robert E and Mcgrath Rosemarie
Bought by
Gosselin Luke and Gosselin Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
4.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2004
Sold by
Long Island Capital Management Corp
Bought by
Mcgrath Robert E and Mcgrath Rosemarie

Purchase Details

Closed on
Nov 8, 2002
Sold by
Oshea Magdalene and Oshea David James
Bought by
Long Island Capital Management Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abrams Brad $2,135,000 Misc Company
Abrams Brad $2,135,000 Misc Company
Gosselin Luke $1,450,000 None Available
Mcgrath Robert E $325,000 --
Mcgrath Robert E $325,000 --
Long Island Capital Management Corp $366,000 Commonwealth Land Title Ins
Long Island Capital Management Corp $366,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gosselin Luke $1,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $2,155,000 -20.0% $590 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $2,695,000 -3.6% $738 / Sq Ft
09/29/2022 09/29/22 For Sale $2,795,000 -- $765 / Sq Ft
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 $9,837 $9,550 $725 $8,825
2023 $4,919 $8,550 $725 $7,825
2022 $9,280 $8,550 $725 $7,825
2021 $9,280 $8,550 $725 $7,825
2020 $4,159 $8,550 $725 $7,825
2019 $4,159 $0 $0 $0
2018 $9,280 $8,800 $725 $8,075
2017 $8,616 $8,800 $725 $8,075
2016 $9,230 $9,490 $725 $8,765
2015 -- $9,490 $725 $8,765
2014 -- $10,500 $725 $9,775
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3433844

OneKey® MLS

APN: 0300-019-00-03-00-020-002