NOT LISTED FOR SALE

5 Penny Ln Saint James, NY 11780

Estimated Value: $904,493 - $2,884,000

4 Beds
3.5 Baths
4,465 Sq Ft
$472/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,400,000 $314 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,566/month

182 Days on Market

Highlights

  • Water Views
  • Beach Access
  • In Ground Pool
  • Saint James Elementary School Rated A
  • Home fronts a sound
  • Colonial Architecture

About This Home

As of January 2020

Vacation at Home! Spectacular Waterfront Home with 147 Feet of Sandy Beach. Beautifully Designed Open Floor Plan Allows for a Seamless Blend Of Interior and Exterior Space. Four Bedroom Home with First Floor Master Suite, Master Bathroom Is Expansive w His and Her Vanities , Great Room with Soaring Ceilings, and Spacious Chef's Kitchen. Colorful Perennial Gardens, Lap Pool, and Breathtaking Vistas Await You at This Special Property., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Marianne Koke

Daniel Gale Sothebys Intl Rlty License #30KO0532212 Listed on: 05/01/2019

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Marianne Koke

Daniel Gale Sothebys Intl Rlty License #30KO0532212 Listed on: 05/01/2019

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,982

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Front and Back Yard Sprinklers
  • Property is zoned 1 Acre

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Cedar

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Water Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 9.005 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,982

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Year Built: 1992
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining, Master Downstairs
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Cedar
  • Waterfront Features: Beach Access, Sound, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 1.18
  • Lot Size Sq Ft: 43560
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Property Attached: No
  • Zoning: 1 Acre

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 28981.83
  • Tax Block: 2
  • Tax Lot: 9.005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Busiello Thomas J
Bought by
Businello Thomas J
Current Estimated Value
$1,851,851

Purchase Details

Listed on
May 1, 2019
Closed on
Jan 10, 2020
Sold by
Kramer Naomi
Bought by
Busiello Thomas J
Seller's Agent
Marianne Koke
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Marianne Koke
Daniel Gale Sothebys Intl Rlty
List Price
$1,850,000
Sold Price
$1,400,000
Premium/Discount to List
-$450,000
-24.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$725,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1996
Sold by
Inserra Salvatore and Inserra Maria
Bought by
Kramer William and Kramer Naomi
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
Businello Thomas J -- New Millennium Title Group
Businello Thomas J -- New Millennium Title Group
Busiello Thomas J $1,400,000 None Available
Busiello Thomas J $1,400,000 None Available
Kramer William $562,500 First American Title Ins Co
Kramer William $562,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busiello Thomas J $725,000
Previous Owner Kramer William K $6,958
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $1,400,000 -- --
11/29/2024 11/29/24 Off Market $13,500 -- --
10/08/2024 10/08/24 Off Market $13,500 -- --
09/26/2024 09/26/24 For Rent $13,500 0.0% --
09/20/2024 09/20/24 Price Changed $13,500 -10.0% $3 / Sq Ft
08/26/2024 08/26/24 For Rent $15,000 0.0% --
01/10/2020 01/10/20 Sold $1,400,000 -12.5% $314 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $1,600,000 +14.3% $358 / Sq Ft
07/18/2019 07/18/19 Off Market $1,400,000 -- --
07/10/2019 07/10/19 For Sale $1,850,000 0.0% $414 / Sq Ft
05/01/2019 05/01/19 For Sale $1,850,000 -- $414 / 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 $29,124 $14,515 $1,580 $12,935
2023 $29,124 $14,515 $1,580 $12,935
2022 $24,688 $14,515 $1,580 $12,935
2021 $24,688 $13,750 $1,580 $12,170
2020 $26,501 $13,750 $1,580 $12,170
2019 $26,501 $0 $0 $0
2018 -- $13,750 $1,580 $12,170
2017 $25,037 $13,750 $1,580 $12,170
2016 $24,767 $13,750 $1,580 $12,170
2015 -- $13,750 $1,580 $12,170
2014 -- $13,750 $1,580 $12,170
Source: Public Records

Agents Affiliated with this Home

  • Marianne Koke

    Seller's Agent in 2020

    Marianne Koke

    Daniel Gale Sotheby's

    (631) 335-7111

    24 in this area

    126 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3124494

OneKey® MLS

APN: 0802-006-00-02-00-009-005

New York Suffolk County Saint James 11780

5 Penny Ln, Saint James, NY

This home is located at 5 Penny Ln, Saint James, NY 11780 since 01 May 2019 and is currently estimated at $2,108,373, approximately $472 per square foot. This property was built in 1992. 5 Penny Ln is a home located in Suffolk County with nearby schools including Saint James Elementary School and The Knox School.

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