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11 West Pond Drive

11 West Pond Drive, Water Mill, NY 11976
Property in Southampton
Sold Oct 08, 2014
$6,785,000
$3,500,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2044
Sold Apr 13, 2010
$1,685,714
11 West Pond Drive in Water Mill, NY was first built in 2010 and is 14 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 7 are bedrooms. 11 West Pond Drive has 8,622 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. In total, the area measurement of the land is 40,511 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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, 11 West Pond Drive was last sold in Sep 23, 2014 for $6,785,000. According to our calculations, that's $786.94 per sqft. Prior to that sales transaction, the property was sold for $1,685,714 in Apr 7, 2010. Current property owners are expected to pay $24,164 in taxes per year. The property on 11 West Pond Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,938,900. To break that down further, the land itself was valued at $2,587,000. While improvements to the property were assessed at a total of $3,351,900. 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: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 7
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 8,622
  • Building Area: 8,622
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,622
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KELLIS POND WEST
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 3

Ownership

  • Current Owner : SCHUMAKER NYLES B
  • Current Owner 2: SCHUMAKER JOAN L
  • Previous Owner : MALEK MARC H
  • Previous Owner 2: LORENZ MAYA
  • Owner Before Previous Owner: URGO NICOLA
  • Owner Before Previous Owner 2: URGO JACQUELINE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: MAP 10490
  • District: 0900-0
  • Section: 84.00
  • Parcel: 0900-084.00-01.00-032.003
  • Block: 1
  • Lot: 32.003
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9247
  • Longitude: -72.3221

    Address

  • Full Address: 11 W Pond Dr
  • Address - House Number: 11
  • Street Direction: W
  • Address - Street Name: Pond
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bridgehampton
  • Zip Code: 11932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,164
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 1,788,453
  • High Value: 2,172,596
  • Low Value: 1,404,310

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 08, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2044

    Market Valuation

  • Market Total Value: $8,545,180
  • Market Land Value: $3,722,302
  • Market Improvement Value: $4,822,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,938,900
  • Assessed Land Value: $2,587,000
  • Assessed Improvements Value: $3,351,900

    Sales

  • Current Sale Contract Date: Sep 23, 2014
  • Current Sale Recording Date: Oct 08, 2014
  • Current Sale Transaction ID: 1195986995
  • Current Sale Price: $6,785,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Apr 13, 2010
  • Previous Sale Contract Date: Apr 07, 2010
  • Previous Sale Amount: $1,685,714
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 08, 2014
  • First Mortgage Loan Amount: $3,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bridgehampton



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Frequently Asked Questions

What neighborhood is 11 West Pond Drive located in?
The 11 West Pond Drive is a located in the neighborhood of Southampton in Bridgehampton, Water Mill.
What is the average sales price for listings in 11 West Pond Drive?
The average sales price for units in 11 West Pond Drive is $0 currently.

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