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1116 Meadow Lane

1116 Meadow Lane, Southampton, NY 11968
Property in Southampton
Sold Nov 28, 2014
$37,500
- Private -
Buyer
- Private -
Seller
$24,375 by Goldman Sachs Bank Usa
Mortgage Due Feb 01, 2045
Local assessors in Southampton, NY have categorized 1116 Meadow Lane as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 128,938 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. There are also 8 partial bathrooms. This is a 2 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 1116 Meadow Lane has a total of 12,696 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,552 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 4 sqft. Do you like to entertain? The home has a open 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 good. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1116 Meadow Lane sold most recently in Nov 13, 2014 for a total of $37,500. If you work out the math, that's approximately a cost of $2.95 per sqft. 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 $14,368 in taxes each year. 1116 Meadow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,953,800. If we break it down further, the land itself was valued at $18,815,000. Improvements to the property, however, were assessed at a total of $1,138,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 2,552
  • Garage Type: Garage
  • Garage Square Area: 4
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 128,938
  • Total Building Area: 12,696
  • Building Area: 12,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 12,696
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHPTN QUOGUE BEACH
  • Land Acres: 2.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 12

Ownership

  • Current Owner : - Private -
  • Previous Owner : - Private -
  • Ownership Rights Codes: - Private -
  • Current Owner Is a Corporation Indicator: - Private -

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190801

Zoning

  • Zoning: VILLA

Geography

  • Assessors Map Reference: MAP 868
  • District: 0904-0
  • Section: 22.00
  • Parcel: 0904-022.00-02.00-022.000
  • Block: 2
  • Lot: 22.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8551
  • Longitude: -72.4344

    Address

  • Full Address: 1116 Meadow Ln
  • Address - House Number: 1116
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southampton
  • Carrier Code: R003
  • 4-Digit Zip Code: 4560
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,368
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,215,184
  • High Value: 1,496,457
  • Low Value: 933,910

    Open Liens

  • Total Open Liens: - Private -
  • Total Open Liens Amount: - Private -
  • First Open Lien Mortgage Lender: - Private -
  • First Open Lien Mortgage Recording Date: - Private -
  • First Open Lien Mortgage Financing Type: - Private -
  • First Open Lien Mortgage Loan Amount: - Private -
  • First Open Lien Mortgage Term: - Private -
  • First Open Lien Mortgage Position: - Private -
  • First Open Lien Mortgage Loan Type: - Private -
  • First Open Lien Mortgage Loan Due Date: - Private -

    Market Valuation

  • Market Total Value: $30,233,031
  • Market Land Value: $28,507,576
  • Market Improvement Value: $1,725,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,953,800
  • Assessed Land Value: $18,815,000
  • Assessed Improvements Value: $1,138,800

    Sales

  • Current Sale Contract Date: Nov 13, 2014
  • Current Sale Recording Date: Nov 28, 2014
  • Current Sale Transaction ID: 1169459616
  • Current Sale Price: $37,500
  • Current Sale Document Type: Bargain and Sale Deed

About Southampton



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Frequently Asked Questions

What neighborhood is 1116 Meadow Lane located in?
The 1116 Meadow Lane is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 1116 Meadow Lane?
The average sales price for units in 1116 Meadow Lane is $0 currently.

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