Seller's Agent in 2022
Tina Marika Kaasik
Daniel Gale Sotheby's
(631) 749-1155
19 in this area
20 Total Sales
6 Cave Way Shelter Island, NY 11964
Shelter Island NeighborhoodEstimated Value: $3,238,062 - $5,799,000
3
Beds
4
Baths
--
Sq Ft
0.47
Acres
Highlights
- Water Views
- Water Access
- Home fronts a creek
- Docks
- In Ground Pool
- Deck
About This Home
As of October 2022Witness both sunrise and sunsets from this beautiful waterfront property overlooking Menantic Creek. After decades of cultivation of a wide variety of ornamental plants, bushes, shrubs, flowers, and trees, this property has one of the most magnificent and mature gardens with something in bloom every season. Surrounded by the lush garden oasis, you will find a stunning gunite pool showered with sunshine. This space is well equipped with a deep-water dock with room for 2 + boats and a rare multi-level deck with seating areas leading to the dock. Inside, this 3 + bedroom home has vaulted ceilings and an open kitchen/living room overlooking the water thru a wall of windows that allow sunshine to fill the space. On the west side of the house, you will find a spacious den with a wall of windows overlooking the water equipped with a fireplace. Cedar-lined walls frame the basement with a full bath and a stunning stoned-wall exit, creating a cozy atmosphere. A Must See!!!
Last Agent to Sell the Property
Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-749-1155 License #40KA0659827 Listed on: 08/10/2022
Co-Listed By
The Agency Northshore NY Brokerage Phone: 631-749-1155 License #10401364444
Last Buyer's Agent
Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-749-1155 License #40KA0659827 Listed on: 08/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,408
Year Built
- Built in 1973
Lot Details
- 0.47 Acre Lot
- Home fronts a creek
- South Facing Home
- Back Yard Fenced
Parking
- 4 Garage Spaces | 2 Attached and 2 Detached
Property Views
- Water
- Panoramic
Home Design
- Contemporary Architecture
- Frame Construction
- Concrete Fiber Board Siding
Interior Spaces
- Cathedral Ceiling
- Skylights
- 3 Fireplaces
- Double Pane Windows
- Combination Dining and Living Room
- Home Office
- Wood Flooring
- Finished Basement
- Walk-Out Basement
- Smart Thermostat
Kitchen
- Eat-In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Water Access
- Docks
- Deck
- Patio
- Porch
Schools
- Shelter Island Elementary And Middle School
- Shelter Island High School
Utilities
- Central Air
- Heating Available
- Well
- Tankless Water Heater
- Septic Tank
Community Details
- Powered Boats Allowed
Listing and Financial Details
- Legal Lot and Block 55 / 3
- Assessor Parcel Number 0700-018-00-03-00-055-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2022
Closed on
Oct 27, 2022
Sold by
Conforti Michael J and Conforti Ruth I
Bought by
Stern Michael and Stern Marjorie
Seller's Agent
Tina Marika Kaasik
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Tina Marika Kaasik
Daniel Gale Sothebys Intl Rlty
List Price
$2,920,000
Sold Price
$2,750,000
Premium/Discount to List
-$170,000
-5.82%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,799,185
Avg. Annual Appreciation
11.74%
Original Mortgage
$1,650,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stern Michael | $2,750,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stern Michael | $1,650,000 | |
| Previous Owner | Conforti Michael | $110,000 | |
| Previous Owner | Conforti Michael J | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $2,750,000 | +2.2% | -- |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | Price Changed | $2,690,000 | -7.9% | -- |
| 08/10/2022 08/10/22 | For Sale | $2,920,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $10,548 | $2,043,000 | $944,000 | $1,099,000 |
| 2023 | $10,548 | $1,704,000 | $944,000 | $760,000 |
| 2022 | $10,408 | $1,704,000 | $944,000 | $760,000 |
| 2021 | $10,239 | $1,704,000 | $944,000 | $760,000 |
| 2020 | $10,038 | $1,702,000 | $944,000 | $758,000 |
| 2019 | $10,038 | $0 | $0 | $0 |
| 2018 | $9,557 | $1,692,000 | $1,202,000 | $490,000 |
| 2017 | $9,557 | $1,658,000 | $670,200 | $987,800 |
| 2016 | $9,674 | $1,645,000 | $670,200 | $974,800 |
| 2015 | -- | $1,530,000 | $670,200 | $859,800 |
| 2014 | -- | $1,445,000 | $649,400 | $795,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Diana Spampinato
The Agency Northshore NY
(516) 987-1821
1 in this area
12 Total Sales
-
R
Buyer Co-Listing Agent in 2022
Richard Weiss
OAM.Com
(516) 738-0000
1 in this area
22 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3422581
APN: 0700-018-00-03-00-055-000
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