NOT LISTED FOR SALE

Estimated Value: $707,401 - $4,941,000

5 Beds
5 Baths
4,475 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,608,125 $583 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $28,248/month

251 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Home Energy Rating Service (HERS) Rated Property
  • Water Access
  • Home fronts a creek
  • Deck

About This Home

As of October 2021

This stunning freshly renovated waterfront home with detached guest apartment and garage could be your new refuge. The open plan living area with vaulted ceiling steps onto an oversize waterfront entertaining deck with sunset views and a private dock. Have it all with 2 master suites, 2 more guest bedrooms plus a private apartment, a chefs kitchen with high end appliances and quartz counters. Plenty of room for a gym, home office and separate kids play/study space. Spread out in 4475 square feet of living area across the main level, finished walkout basement and apartment. The classic brick chimney with double sided hearth serves the main living area and Master bedroom and also provides a pizza oven and hearth in the finished lower level living area. A full house generator for peace of mind plus room for a pool complete this move in ready bucolic dream property. It is only a short bicycle ride to the best area beach or to town for shopping and a bite at the great cafes!

Last Agent to Sell the Property

Peter Humphrey

Douglas Elliman Real Estate Brokerage Phone: 631-477-2220 License #10401300781 Listed on: 11/25/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Non Member

NonMember

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,177

Year Built

  • Built in 1940 | Remodeled in 2018

Lot Details

  • 0.75 Acre Lot
  • Home fronts a creek
  • Property Fronts a Bay or Harbor
  • Property fronts an inlet
  • West Facing Home
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Nantucket Architecture
  • Blown Fiberglass Insulation
  • Cedar

Interior Spaces

  • 4,475 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 3 Fireplaces
  • New Windows
  • Insulated Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Outbuilding

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Shelter Island Elementary And Middle School
  • Shelter Island High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Powered Boats Allowed

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 0700-019-00-01-00-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,177

Year Built

Built in 1940 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Nantucket
  • Property SubType: Single Family Residence
  • Property Condition: Mint
  • Levels: Two
  • Year Built: 1940
  • New Construction: No
  • Year Built Effective: 2018
  • Attribution Contact: 631-477-2220
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer, Wine Cooler, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Tankless Water Heater
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Guest Quarters, Legal Accessory Apartment, Living Room/Dining Room Combo, Master Bath, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Inclusions: A/C Units,Awning,Ceiling Fan,Cook Top,Craft/Table/Bench,Curtains/Drapes,Dishwasher,Disposal,Dryer,Energy Star Appliance(s),Fireplace Equip,Flat Screen TV Bracket,Freezer,Gas Tank,Generator,Microwave,Nanny Cam/Comp Serv,Playset,Refrigerator,Second Dryer,Second Washer,Shed,Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4475
  • Window Features: New Windows, Insulated Windows
  • AtticDescription: Pull Stairs
  • SquareFootage: 4475.00
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: West
  • Other Structures: Outbuilding
  • Construction Materials: Fiberglass Insulation, Cedar
  • Frontage Length: 100
  • Waterfront Features: Creek, Harbor, Inlet, Water Access, Waterfront
  • View: Open, Panoramic, Water
  • Exterior Features: Sprinkler System, Dock
  • Patio and Porch Features: Deck
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air, Radiant, ENERGY STAR Qualified Equipment
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • GarbageRemoval: Private
  • Hot Water: On Demand
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: Yes

Condo/Co-op/Association

  • Association Amenities: Powered Boats Allowed
  • Senior Community: No

Schools

  • Middle School: Shelter Island School

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Dimensions: 0.75
  • Lot Size Sq Ft: 32670
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 0700-019-00-01-00-005-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Rental Info

  • Lease Considered: No
  • Available Date: 2021-09-15

Tax Info

  • Tax Annual Amount: 15177
  • Tax Block: 1
  • Tax Lot: 5
  • Tax Map Number: 0700-019-00-01-00-005-000

MLS Schools

  • Elementary School: Shelter Island School
  • High School: Shelter Island School
  • Middle School District: Shelter Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Oct 4, 2021
Sold by
Montella Anthony and Callan Erin M
Bought by
Midway Dp Llc
Seller's Agent
Peter Humphrey
Douglas Elliman Real Estate
Buyer's Agent
Non Member
NonMember
List Price
$2,995,000
Sold Price
$2,608,125
Premium/Discount to List
-$386,875
-12.92%
Current Estimated Value
$4,941,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,332,875
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Peebles John and Peebles Stacy
Bought by
Montella Anthony and Callan Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2000
Sold by
Bonomo Marion F
Bought by
Peebles John and Peebles Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,200
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Midway Dp Llc -- None Available
Montella Anthony $1,148,500 --
Peebles John $681,200 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montella Anthony $625,000
Previous Owner Peebles John $585,000
Previous Owner Peebles John $12,000
Previous Owner Peebles John $681,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,608,125 -5.2% $583 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
06/28/2021 06/28/21 Price Changed $2,750,000 -3.5% $615 / Sq Ft
05/19/2021 05/19/21 Price Changed $2,850,000 -3.4% $637 / Sq Ft
02/11/2021 02/11/21 Price Changed $2,950,000 -1.5% $659 / Sq Ft
11/25/2020 11/25/20 For Sale $2,995,000 -- $669 / 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 $15,915 $2,496,000 $884,000 $1,612,000
2023 $15,915 $2,496,000 $884,000 $1,612,000
2022 $15,710 $2,496,000 $884,000 $1,612,000
2021 $15,472 $2,496,000 $884,000 $1,612,000
2020 $15,177 $2,494,000 $884,000 $1,610,000
2019 $15,177 $0 $0 $0
2018 $14,373 $2,486,000 $1,060,700 $1,425,300
2017 $14,373 $2,411,000 $948,800 $1,462,200
2016 $6,488 $1,065,000 $948,800 $116,200
2015 -- $1,298,000 $948,800 $349,200
2014 -- $1,214,000 $919,300 $294,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3271725

OneKey® MLS

APN: 0700-019-00-01-00-005-000