NOT LISTED FOR SALE

Estimated Value: $1,688,000 - $1,960,495

6 Beds
3 Baths
3,716 Sq Ft
$481/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $1,275,000 $343 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,343/month

20 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Water Access
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of February 2020

Waterfront home with spectacular direct views of LI Sound, on 1/2 lushly landscaped acre. Lounge on your expansive back porch, watch the sun glisten on the water & swim in your own backyard. Entertain in your 40' open LR/DR with 2 stone gas fpls. A generous master suite plus a 2nd BR are located on the 1st fl and there are 4 add'l BRs & a sitting room upstairs. A period kitchen is awaiting your personal touches. The same family has owned this historic home since it was custom built in the early 1920s for Duncan MacGregor, the former general manager of the NY Stock Exchange Clearing House. Built with the finest materials & craftsmanship, it was a showplace on the Island and the scene of lavish entertaining for celebrities, famous politicians and numerous friends and family. City Island is a quaint 1.5 mile long seaport community. There is public transportation available to NYC. Don't miss this opportunity to own one of the few homes available in this very special waterfront location.

Last Agent to Sell the Property

Sona Davidian

Compass Greater NY, LLC Brokerage Phone: 914-738-5150 License #10301219678 Listed on: 09/26/2019

Compass Greater NY, LLC

Co-Listed By

Caroline Baccellieri

Compass Greater NY, LLC Brokerage Phone: 914-738-5150 License #10301202638

Last Buyer's Agent

Daniel Hickey

Houlihan Lawrence Inc. License #10401282051

Houlihan Lawrence Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,708

Year Built

  • Built in 1920

Lot Details

  • Beach Front
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Frame Construction
  • Clapboard

Interior Spaces

  • 3,716 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05646-0105

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,708

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial, Cape Cod
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: 914-738-5150
  • Co List Office Mls Id: ONEMCCLEL
  • Co List Office Phone: 914-738-5150
  • Village: Call Listing Agent
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, Entrance Foyer, Master Bath, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 3716
  • AtticDescription: None
  • SquareFootage: 3716.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Clapboard
  • Waterfront Features: Beach Front, Water Access, Waterfront
  • View: Water
  • View YN: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Level
  • Parcel Number: 05646-0105
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 9708
  • Tax Map Number: 05646-0105
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Feb 3, 2020
Sold by
Gallagher Virginia M and Moravian Hall Square
Bought by
Clancy Gregory J and Clancy Meaghan K
Seller's Agent
Sona Davidian
Compass Greater NY, LLC
Buyer's Agent
Daniel Hickey
Houlihan Lawrence Inc.
List Price
$1,275,000
Sold Price
$1,275,000
Current Estimated Value
$1,787,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,498
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,049,663
Outstanding Balance
$931,514
Interest Rate
3.72%
Mortgage Type
VA
Estimated Equity
$855,984
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clancy Gregory J $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clancy Gregory J $1,049,663
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $1,275,000 0.0% $343 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,275,000 -- $343 / 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
2025 $11,729 $63,677 $5,733 $57,944
2024 $11,729 $63,199 $6,780 $56,419
2023 $11,134 $59,622 $7,169 $52,453
2022 $10,271 $94,920 $13,440 $81,480
2021 $10,157 $78,300 $13,440 $64,860
2020 $11,232 $67,740 $13,440 $54,300
2019 $9,720 $63,180 $13,440 $49,740
2018 $8,852 $49,685 $11,533 $38,152
2017 $8,668 $46,873 $11,450 $35,423
2016 $7,947 $44,220 $13,440 $30,780
2015 $4,931 $47,907 $10,333 $37,574
2014 $4,931 $45,196 $9,748 $35,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5072793

OneKey® MLS

APN: 05646-0105