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10 Heritage Drive

10 Heritage Drive, Shelter Island, NY 11964
Property in Shelter Island
Sold Apr 02, 2010
$925,000
$625,000 by Hsbc Mortgage Corporation Usa
Mortgage Due Apr 01, 2040
Sold Jan 23, 2003
$300,000
$240,000 by Bank Of Smithtown
Mortgage Due Dec 20, 2003
10 Heritage Drive in Shelter Island, NY was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 10 Heritage Drive has 2,201 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 785 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 78,408 square feet.

Learn more about the property and building on this page. There is a covered porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 572 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Heritage Drive sold most recently in Mar 24, 2010 for a total of $925,000. If you work out the math, that's approximately a cost of $420.26 per sqft. Before that, the property was also sold for $300,000 in Dec 20, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,245 in taxes each year. 10 Heritage Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,018,000. If we break it down further, the land itself was valued at $436,000. Improvements to the property, however, were assessed at a total of $582,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 785
  • Garage Type: Garage
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Covered porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 78,408
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 2,201
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,201
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MAP CONSERVANCY ESTATES
  • Land Acres: 1.8
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DIRICO VINCENT
  • Current Owner 2: DIRICO ANN
  • Previous Owner : GOLDSMITH JESSICA GALLIGAN
  • Owner Before Previous Owner: MANNING JUNE M

Neighborhood

  • School District Name: Shelter Island Union Free School District
  • School Tax School District: SHELTER ISLAND
  • Census Tract: 180300

Zoning

  • Zoning: A

Geography

  • District: 0700-0
  • Section: 19
  • Parcel: 0700-019.00-02.00-113.020
  • Block: 2
  • Lot: 113.020
  • Municipality: SHELTER ISLAND
  • Latitude: 41.059
  • Longitude: -72.3291

    Address

  • Full Address: 10 Heritage Dr
  • Address - House Number: 10
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Shelter Island
  • Zip Code: 11964

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,245
  • Tax Rate Code Area: 473201

    Appraisal Valuation

  • Standard Deviation: 0.2695
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,420,408
  • High Value: 1,803,268
  • Low Value: 1,037,548

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $635,944
  • First Open Lien Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Open Lien Mortgage Recording Date: Apr 02, 2010
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2040
  • Second Open Lien Mortgage Lender: HSBC BANK USA N A
  • Second Open Lien Mortgage Recording Date: Apr 10, 2013
  • Second Open Lien Mortgage Loan Amount: $10,944
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $1,394,520
  • Market Land Value: $597,260
  • Market Improvement Value: $797,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,018,000
  • Assessed Land Value: $436,000
  • Assessed Improvements Value: $582,000

    Sales

  • Current Sale Contract Date: Mar 24, 2010
  • Current Sale Recording Date: Apr 02, 2010
  • Current Sale Transaction ID: 1125403773
  • Current Sale Price: $925,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jan 23, 2003
  • Previous Sale Contract Date: Dec 20, 2002
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Mortgage Transaction Date: Apr 02, 2010
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF SMITHTOWN
  • Previous Mortgage Transaction Date: Jan 23, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 20, 2003

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 10 Heritage Drive located in?
The 10 Heritage Drive is a located in the neighborhood of Shelter Island in Shelter Island, Shelter Island.
What is the average sales price for listings in 10 Heritage Drive?
The average sales price for units in 10 Heritage Drive is $0 currently.

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