NOT LISTED FOR SALE

Estimated Value: $1,691,000 - $2,370,380

4 Beds
3.5 Baths
2,800 Sq Ft
$725/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $1,845,000 $659 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,236/month

129 Days on Market

Highlights

  • New Construction
  • Deck
  • Nantucket Architecture
  • In Ground Pool
  • Wood Flooring
  • Main Floor Primary Bedroom

About This Home

As of June 2022

A beautiful, proposed, shingled style home in the Silver Beach area of Shelter Island. This Nantucket style cedar shingled home, offers open plan living with wood floors throughout. From the spacious chef's kitchen to the living room with fireplace and continues to the formal dining room. The mudroom with laundry is situated off the 2 car attached garage. In addition, the first floor offers a primary bedroom En-suite with a spacious closet. The second floor offers a junior En-suite bedroom with 2 additional bedrooms and a hall bath. With approx. 2800 sq. ft. this turn key home is situated on almost an acre with level yard, expansive deck and Gunite pool. This home will be completed in June 2022, ready for your summer enjoyment.

Last Agent to Sell the Property

Debra Von Brook Binder

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-749-1155 License #10401210622 Listed on: 08/21/2021

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Non Member

NonMember

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,256

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.87 Acre Lot
  • Southeast Facing Home
  • Corner Lot
  • Level Lot
  • Zoning described as A Residential

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Nantucket Architecture
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • 2,800 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 95 / 1
  • Assessor Parcel Number 0700-022-00-01-00-095-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,256

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Nantucket
  • Property SubType: Single Family Residence
  • Property Condition: New Build
  • Year Built: 2021
  • New Construction: Yes
  • Attribution Contact: 631-749-1155
  • BuildingSize: 2800 sq ft
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Master Bath, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2800
  • AtticDescription: Unfinished
  • SquareFootage: 2800.00
  • SquareFootageSource: Blue Print
  • NumberOfKitchens: 1

Exterior Features

  • Direction Faces: Southeast
  • Construction Materials: Frame, Cedar, Shake Siding
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Other
  • Patio and Porch Features: Deck, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Hot Water: On Demand

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Shelter Island School

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Dimensions: .87
  • Lot Size Sq Ft: 37897
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level
  • Parcel Number: 0700-022-00-01-00-095-000
  • Zoning Description: A Residential
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2022-06-30

Tax Info

  • Tax Annual Amount: 2255.63
  • Tax Block: 1
  • Tax Lot: 95
  • Tax Map Number: 0700-022-00-01-00-095-000

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
Aug 21, 2021
Closed on
Jun 28, 2022
Sold by
Billings Frederick J and Somerville Scott
Bought by
Bernstein Michael and Bernstein Jessica
Seller's Agent
Debra Von Brook Binder
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Non Member
NonMember
List Price
$1,800,000
Sold Price
$1,845,000
Premium/Discount to List
$45,000
2.5%
Current Estimated Value
$2,030,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,690
Avg. Annual Appreciation
3.08%
Original Mortgage
$1,398,564
Outstanding Balance
$1,294,801
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$735,889

Purchase Details

Closed on
Jul 15, 2021
Sold by
Zoumas Ioannis
Bought by
Billings Frederick J and Somerville Scott

Purchase Details

Closed on
Dec 21, 2020
Sold by
Ramsay Cindy A
Bought by
Zoumas Ioannis

Purchase Details

Closed on
Oct 27, 2008
Sold by
Ramsay Peter A
Bought by
Ramsay Cindy A

Purchase Details

Closed on
Nov 3, 2006
Sold by
Ambrose Daniel V
Bought by
Ramsay Peter A

Purchase Details

Closed on
Dec 7, 1999
Sold by
Berman Brooke Mahoney and Mahoney Mary W
Bought by
Mahoney Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bethge Victor W and Bethge Joyce P
Bought by
Ambrose Daniel V and Ambrose Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Bernstein Michael $1,865,000 Fidelity National Title (Aka
Billings Frederick J $534,000 None Available
Zoumas Ioannis $430,000 None Available
Ramsay Cindy A -- Patricia C. Delaney
Ramsay Peter A $490,000 Patricia C. Delaney
Mahoney Lisa R $310,000 Safe Harbor Title Agency
Ambrose Daniel V $54,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Michael $1,398,564
Closed Bernstein Michael $1,398,564
Previous Owner Mahoney Lisa R $240,000
Previous Owner Ambrose Daniel V $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $1,845,000 -2.4% $659 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
09/25/2021 09/25/21 Price Changed $1,890,000 +5.0% $675 / Sq Ft
08/21/2021 08/21/21 For Sale $1,800,000 -- $643 / 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 $2,318 $1,396,500 $363,600 $1,032,900
2023 $2,318 $1,396,500 $363,600 $1,032,900
2022 $2,289 $363,600 $363,600 $0
2021 $2,256 $363,600 $363,600 $0
2020 $2,218 $363,600 $363,600 $0
2019 $2,218 $0 $0 $0
2018 $1,986 $425,700 $425,700 $0
2017 $1,986 $333,200 $333,200 $0
2016 $2,013 $330,500 $330,500 $0
2015 -- $319,900 $319,900 $0
2014 -- $311,000 $311,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3340263

OneKey® MLS

APN: 0700-022-00-01-00-095-000