NOT LISTED FOR SALE

Estimated Value: $1,940,000 - $1,985,592

4 Beds
3.5 Baths
2,933 Sq Ft
$669/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $850,000 $290 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $10,938/month

291 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Beach Access
  • Ranch Style House
  • Corner Lot

About This Home

As of March 2020

This water-view Silver Beach expanded ranch is much more than meets the eye! Its newly constructed addition allows for a large 4+BR home with bonus family room w/water view; or a spacious 3-BR home with a 1+BR Guest Suite w/wv. Bright, airy & fresh spaces, hardwood floors, CAC & BR fans, large deck for entertaining, outdoor shower & room for a pool. 1-car garage & main floor laundry as well as a full basement with cedar closet, a second laundry & new & well-maintained systems throughout, Additional information: Appearance:Very good,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Linda Mccarthy

Daniel Gale Sothebys Intl Rlty License #10401210583 Listed on: 04/08/2019

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1985

Lot Details

  • 0.57 Acre Lot
  • Corner Lot
  • Property is zoned A-residential

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,933 Sq Ft Home
  • Skylights
  • Double Pane Windows
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Schools

  • Shelter Island Middle School
  • Shelter Island High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 96000 / 100
  • Assessor Parcel Number 0700-022-00-01-00-096-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,375

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Exp Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1985
  • Subdivision Name: Silver Beach Lagoon
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Living Area: 2933
  • Window Features: Double Pane Windows, Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Beach Access
  • Pool Private: No
  • Spa: No
  • View: Water
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Oil

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Shelter Island School

Lot Info

  • Lot Dimensions: .57 Acre
  • Lot Size Sq Ft: 24829
  • Building Area Total: 2933
  • Lot Features: Corner Lot
  • Parcel Number: 0700-022-00-01-00-096-000
  • Property Attached: No
  • Zoning: A-residential

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 4375
  • Tax Block: 100
  • Tax Lot: 96000

MLS Schools

  • High School: Shelter Island School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Mar 27, 2020
Sold by
Lange Susie and Lange L
Bought by
Pappas Ft
Seller's Agent
Linda Mccarthy
Daniel Gale Sothebys Intl Rlty
List Price
$1,095,000
Sold Price
$850,000
Premium/Discount to List
-$245,000
-22.37%
Current Estimated Value
$1,962,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,796
Avg. Annual Appreciation
17.18%
Original Mortgage
$200,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1996
Sold by
Ferragamo Vincent A and Ferragamo Mary
Bought by
Lange Susie and Lange Kristina
Source: Public Records

Range of Values:

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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
Pappas Ft $850,000 None Available
Lange Susie $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappas Robert A $459,000
Previous Owner Pappas Ft $200,000
Previous Owner Lange Susie $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $850,000 -- --
03/27/2020 03/27/20 Sold $850,000 -5.5% $290 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
11/12/2019 11/12/19 Price Changed $899,000 -9.6% $307 / Sq Ft
07/30/2019 07/30/19 Price Changed $995,000 -9.1% $339 / Sq Ft
04/08/2019 04/08/19 For Sale $1,095,000 -- $373 / 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 $5,758 $903,100 $439,700 $463,400
2023 $5,758 $903,100 $439,700 $463,400
2022 $5,054 $903,100 $439,700 $463,400
2021 $4,758 $803,000 $440,000 $363,000
2020 $4,526 $767,000 $440,000 $327,000
2019 $4,526 $0 $0 $0
2018 $4,244 $762,000 $549,800 $212,200
2017 $4,244 $737,000 $331,500 $405,500
2016 $3,647 $625,000 $328,800 $296,200
2015 -- $602,000 $318,200 $283,800
2014 -- $597,000 $309,400 $287,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3117095

OneKey® MLS

APN: 0700-022-00-01-00-096-000