Check Availability

1161 Meadow Lane

1161 Meadow Lane, Southampton, NY 11968
Property in Southampton
Sold May 18, 2007
$32,500,000
$17,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2046
Sold May 01, 2007
$32,500,000
1161 Meadow Lane has been categorized by the local assessors in Southampton, NY as a residential type of property. The building on the property was first built in 1996 and is 28 years old. However, we must point out that the home was most recently renovated and altered in 2002. The area measurement of the land has been determined as 62,726 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Finally, the property is currently sourcing its water from a municipal system. 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, 1161 Meadow Lane was last sold in May 1, 2007 for $32,500,000. Prior to that sales transaction, the property was sold for $32,500,000 in May 1, 2007. Current property owners are expected to pay $487 in taxes per year. The property on 1161 Meadow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $71,200. To break that down further, the land itself was valued at $14,400. While improvements to the property were assessed at a total of $56,800. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1996
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: Good
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 62,726
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHPTN QUOGUE BEACH
  • Land Acres: 1.44
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: BLK LOT P14

Ownership

  • Current Owner : 1160 MEADOW LANE LLC
  • Previous Owner : GREEN JOHN MARKHAM
  • Owner Before Previous Owner: GREEN JOHN MARKHAM
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190706

Zoning

  • Zoning: VILLA

Geography

  • Assessors Map Reference: MAP 868
  • District: 0904-0
  • Section: 22.00
  • Parcel: 0904-022.00-01.00-024.000
  • Block: 1
  • Lot: 24.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.856
  • Longitude: -72.4367

    Address

  • Full Address: 1161 Meadow Ln
  • Address - House Number: 1161
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southampton
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 662,619
  • High Value: 804,944
  • Low Value: 520,295

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $17,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 07, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $17,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $107,879
  • Market Land Value: $21,818
  • Market Improvement Value: $86,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,200
  • Assessed Land Value: $14,400
  • Assessed Improvements Value: $56,800

    Sales

  • Current Sale Contract Date: May 01, 2007
  • Current Sale Recording Date: May 18, 2007
  • Current Sale Transaction ID: 1169543824
  • Current Sale Price: $32,500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 01, 2007
  • Previous Sale Contract Date: May 01, 2007
  • Previous Sale Amount: $32,500,000
  • Previous Sale Document Type: Deed

About Southampton



Similar Buildings

Property at 1161 Meadow Lane,

1080 Meadow Lane

  • 1 Unit for Sale
1080 Meadow Lane, Southampton, NY 11968

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1161 Meadow Lane located in?
The 1161 Meadow Lane is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 1161 Meadow Lane?
The average sales price for units in 1161 Meadow Lane is $0 currently.

Quantcast