Seller's Agent in 2022
Mary Elizabeth Galle
Corcoran
(203) 216-7272
7 in this area
8 Total Sales
87 N Ferry Rd Shelter Island, NY 11964
Shelter Island NeighborhoodEstimated Value: $2,551,042
3
Beds
2.5
Baths
1,544
Sq Ft
$1,652/Sq Ft
Est. Value
Highlights
- Deck
- 1 Fireplace
- Porch
- Farmhouse Style Home
- Separate Outdoor Workshop
- Forced Air Heating and Cooling System
About This Home
As of July 2022Incredible Business Opportunity on 1.62 Acres. This centrally located fully operational restaurant accommodates 56 seats, has a market, takeout counter, main dining room, covered porch, outside eating area and spacious commercial kitchen. A country farm stand provides a space for pop-up summer markets . The lager 2550 sqft. workshop creates plenty of options for any entrepreneurial spirit. The farmhouse with 3 bedrooms and 2 Baths makes for the ideal live and work lifestyle .
Last Agent to Sell the Property
Corcoran License #10401270241 Listed on: 01/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,420
Year Built
- Built in 1980
Lot Details
- 1.62 Acre Lot
- Zoning described as Commercial
Home Design
- Farmhouse Style Home
- Frame Construction
- Block Exterior
Interior Spaces
- 1,544 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
- No Attic
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Private Parking
- Driveway
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Outbuilding
- Porch
Schools
- Shelter Island Elementary And Middle School
- Shelter Island High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Private Water Source
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Exclusions: A/C Units,Craft/Table/Bench,Dehumidifier,Fireplace Equipment,Flat Screen TV Bracket,Lawn Maint Equip
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 0700-015-00-01-00-001-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2021
Closed on
Jun 30, 2022
Sold by
Reiter Kolina M Est and Reiter
Bought by
Breglios Market Llc
Seller's Agent
Mary Elizabeth Galle
Corcoran
Buyer's Agent
Mary Elizabeth Galle
Corcoran
List Price
$2,390,000
Sold Price
$2,050,000
Premium/Discount to List
-$340,000
-14.23%
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
$501,042
Avg. Annual Appreciation
7.26%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Breglios Market Llc | $2,050,000 | Stewart Title | |
| Breglios Market Llc | $2,050,000 | Stewart Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2022 07/14/22 | Sold | $2,050,000 | -14.2% | $1,328 / Sq Ft |
| 01/08/2021 01/08/21 | For Sale | $2,390,000 | -- | $1,548 / Sq Ft |
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 | $3,284 | $1,187,000 | $374,200 | $812,800 |
| 2023 | $3,284 | $1,030,000 | $374,200 | $655,800 |
| 2022 | $6,343 | $1,030,000 | $374,200 | $655,800 |
| 2021 | $6,249 | $1,030,000 | $374,200 | $655,800 |
| 2020 | $6,143 | $1,030,000 | $374,200 | $655,800 |
| 2019 | $6,143 | $0 | $0 | $0 |
| 2018 | $6,211 | $1,034,000 | $374,200 | $659,800 |
| 2017 | $6,211 | $1,067,000 | $356,400 | $710,600 |
| 2016 | $6,277 | $1,056,707 | $356,400 | $700,307 |
| 2015 | -- | $1,016,064 | $356,400 | $659,664 |
| 2014 | -- | $1,006,306 | $362,300 | $644,006 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: OneKey® MLS
MLS Number: KEY3281279
APN: 0700-015-00-01-00-001-000
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