NOT LISTED FOR SALE

21 N Farragut Rd Montauk, NY 11954

Estimated Value: $732,080 - $2,972,000

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

About This Home

Situated on one of the highest points in Montauk with amazing views of Lake Montauk and Block Island Sound, this gorgeous 5,200 square foot home offers 6 bedrooms, 5 full and 2 half baths with a beautiful heated Gunite pool situated on a half acre of land. This new construction delivers attention to detail with high end design, finishes and state of the art systems. The grand staircase takes you to the chef's kitchen and open dining and living space with wonderful views. French doors open to a spacious outdoor deck for dining and lounging. The en-suite primary bedroom is on the upper level featuring a balcony off the bedroom facing west plus a large walk-in-closet, sitting area and stunning full bath with a stand alone tub. You will find an expansive lawn in the rear of the home that leads to the heated Gunite pool that features cascading water falls as well as an automatic safety cover that will maintain the heat. Additional features include an attached two car garage, fully wired smart home, high end laundry room, stunning lower level that has a open living area with direct access to the pool area, wet bar, en-suite bedroom as well as a fully equipped gym and game room area. This amazing Montauk home is centrally located near beaches, dining, shopping, and marinas. Now available for Summer 2024 book your private showing today. [[Rental Registration # 24-1168]]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2018
Sold by
Raio Jerry
Bought by
La Spiaggia Llc
Current Estimated Value
$1,840,270

Purchase Details

Closed on
Jan 24, 2017
Sold by
Maher Timothy J and Maher Timothy J
Bought by
Raio Jerry and Raio Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1994
Sold by
White Richard F and White Elizabeth L
Bought by
White Elizabeth L

Purchase Details

Closed on
Apr 15, 1994
Sold by
Maher Eileen
Bought by
Maher Timothy J and Maher Timothy J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
La Spiaggia Llc -- --
Raio Jerry $800,000 None Available
White Elizabeth L -- First American Title Ins Co
White Elizabeth L -- First American Title Ins Co
Maher Timothy J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raio Jerry $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Off Market $85,000 -- --
01/22/2025 01/22/25 For Rent -- -- --
12/27/2024 12/27/24 Off Market $85,000 -- --
11/29/2024 11/29/24 For Rent $85,000 0.0% --
11/29/2024 11/29/24 Off Market $85,000 -- --
10/26/2024 10/26/24 For Rent $85,000 -- --

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 $20,226 $17,675 $500 $17,175
2023 $10,113 $17,675 $500 $17,175
2022 $6,210 $17,675 $500 $17,175
2021 $6,210 $17,675 $500 $17,175
2020 $14,141 $17,675 $500 $17,175
2019 $14,141 $0 $0 $0
2018 $6,210 $500 $500 $0
2017 $5,129 $5,273 $500 $4,773
2016 $6,186 $6,400 $500 $5,900
2015 -- $6,400 $500 $5,900
2014 -- $6,400 $500 $5,900
Source: Public Records

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