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109 Hill Street

109 Hill Street, Southampton, NY 11968
Property in Southampton
Sold Jun 16, 2022
$6,450,000
$3,200,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Feb 26, 2016
$2,500,000
$14,495,000 by Bridgehampton National Bank
Mortgage
Local assessors in Southampton, NY have categorized 109 Hill Street as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 33,541 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 109 Hill Street has a total of 4,858 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is poor. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of wood siding were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 109 Hill Street was last sold in May 25, 2022 for $6,450,000. According to our calculations, that's $1,327.71 per sqft. Prior to that sales transaction, the property was sold for $2,500,000 in Feb 11, 2016. Current property owners are expected to pay $4,667 in taxes per year. The property on 109 Hill Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,092,100. To break that down further, the land itself was valued at $1,812,100. While improvements to the property were assessed at a total of $2,280,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: B
  • Exterior Walls Type: Wood siding
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 974
  • Parking Space Count: 0
  • Porch Type: Covered porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 4,858
  • Gross Building Area: 4,858
  • Building Area: 4,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 4,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP COOPERS FARM
  • Land Acres: 0.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-VILLAGE LATCH S-HILL ST E-VILLAGE LATCH W-WHITEFIELD ASSC

Ownership

  • Current Owner : QUIGLEY DEBRA
  • Current Owner 2: QUIGLEY ROBERT
  • Previous Owner : BEECHWOOD LATCH LLC
  • Owner Before Previous Owner: WHITE MARTA
  • Owner Before Previous Owner 2: WHITE MARTA BYER
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190802

Zoning

  • Zoning: VILLA

Geography

  • District: 0904-0
  • Section: 6.00
  • Parcel: 0904-006.00-01.00-006.001
  • Block: 1
  • Lot: 6.001
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8844
  • Longitude: -72.3969

    Address

  • Full Address: 109 Hill St
  • Address - House Number: 109
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: NY
  • City Name: Southampton
  • Carrier Code: C014
  • 4-Digit Zip Code: 5309
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,667
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2524
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 4,271,835
  • High Value: 5,350,232
  • Low Value: 3,193,437

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,400,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2022
  • First Open Lien Mortgage Loan Amount: $3,200,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 16, 2022
  • Second Open Lien Mortgage Loan Amount: $3,200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jun 16, 2052

    Market Valuation

  • Market Total Value: $6,200,151
  • Market Land Value: $2,745,606
  • Market Improvement Value: $3,454,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,092,100
  • Assessed Land Value: $1,812,100
  • Assessed Improvements Value: $2,280,000

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Transaction ID: 11895730454
  • Current Sale Price: $6,450,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 11, 2016
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 16, 2022
  • First Mortgage Loan Amount: $3,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGEHAMPTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 26, 2016
  • Previous Mortgage Loan Amount: $14,495,000
  • Previous Mortgage Loan Type: Commercial

About Southampton



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Nearby Rentals

Unit for rent at

$1,590 /mo

  • 1 Bed
  • 1 Bath
  • 624 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 109 Hill Street located in?
The 109 Hill Street is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 109 Hill Street?
The average sales price for units in 109 Hill Street is $0 currently.

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