NOT LISTED FOR SALE

8 Big Reed Path Montauk, NY 11954

Montauk Area

Estimated Value: $3,822,500

6 Beds
3 Baths
4,000 Sq Ft
$956/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2021

Last sale price $1,850,000 $462 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $22,639 / mo

305 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Wood Flooring
  • Montauk School Rated A
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of April 2021

MONTAUK CONTEMPORARY WITH PANORAMIC LAKE AND SOUND VIEWS. This 6 bedroom, 3 bath East Lake area beach house offers three spacious levels of living space, newly renovated throughout with custom kitchen cabinetry and offers spectacular sunsets, expansive 180 degree views of Lake Montauk and the Long Island Sound and a bonus game room. Thoughtfully landscaped and adjacent to hundreds of acres of preserved parkland, you can relax in privacy by the heated salt water pool with its own pool house., Additional information: Business Located At:,Rental Income:

Last Agent to Sell the Property

Lisa Grenci

Douglas Elliman Real Estate License #30GR0659005 Listed on: 03/23/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Lisa Grenci

Douglas Elliman Real Estate License #30GR0659005 Listed on: 03/23/2020

Douglas Elliman Real Estate
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,361

Year Built

  • Built in 1985

Lot Details

  • 37,462 Sq Ft Lot
  • Property is zoned A2

Parking

  • Private Parking

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 24 / 0001
  • Assessor Parcel Number 0300-007-00-01-00-024-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,361

Year Built

Built in 1985

Lot Details

0.86 Acres

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1985
  • CurrentPrice: 1850000.00
  • MlsMajorChangeType: Price Decrease
  • CurrentPrice_By_LivingArea: 462.50000
  • ListPrice_By_LivingArea: 525.00000
  • ListPrice_By_OriginalListPrice: 0.95455
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 4000
  • Basement YN: No

Exterior Features

  • Construction Materials: Wood Siding
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water

Garage/Parking

  • Parking Description: Private

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: .86
  • Lot Size Sq Ft: 37462
  • Parcel Number: 0300-007-00-01-00-024-002
  • Property Attached: No
  • Zoning: A2

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 14361
  • Tax Block: 0001
  • Tax Lot: 24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Mar 31, 2021
Sold by
Kane James F
Bought by
Seller's Agent
Lisa Grenci
Douglas Elliman Real Estate
Buyer's Agent
Lisa Grenci
Douglas Elliman Real Estate
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%
Current Estimated Value
$3,822,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,972,500
Avg. Annual Appreciation
14.16%
Original Mortgage
$822,000
Outstanding Balance
$724,231
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,098,269

Purchase Details

Closed on
May 30, 2014
Sold by
Kane James F and Kane Jean J
Bought by
Kane James F

Purchase Details

Closed on
Jun 16, 2000
Sold by
Cuomo Michael and Cuomo Elaine
Bought by
Kane James F and Kane Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Kane James F -- --
Kane James F $580,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $822,000
Previous Owner Kane James F $9,635
Previous Owner Kane James F $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $1,850,000 -- --
04/01/2021 04/01/21 Sold $1,850,000 -11.9% $463 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
09/01/2020 09/01/20 Price Changed $2,100,000 -4.5% $525 / Sq Ft
03/23/2020 03/23/20 For Sale $2,200,000 -- $550 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,702 $11,100 $1,400 $9,700
2024 $12,702 $11,100 $1,400 $9,700
2023 $6,351 $11,100 $1,400 $9,700
2022 $14,361 $14,800 $1,400 $13,400
2021 $14,361 $14,800 $1,400 $13,400
2020 $14,310 $14,800 $1,400 $13,400
2019 $14,310 $0 $0 $0
2018 $14,396 $14,800 $1,400 $13,400
2017 $14,396 $14,800 $1,400 $13,400
2016 $14,305 $14,800 $1,400 $13,400
2015 -- $14,800 $1,400 $13,400
2014 -- $14,800 $1,400 $13,400
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: L3209778

OneKey® MLS

APN: 0300-007-00-01-00-024-002

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