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1191 Meadow Lane

1191 Meadow Lane, Southampton, NY 11968
Property in Southampton
Sold Aug 16, 2011
$2,142,857
$5,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2046
1191 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 2014 and is 10 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1191 Meadow Lane has 3,672 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 44,867 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 952 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. The exterior walls of the building are made of a material which is produced from two or more constituent materials. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1191 Meadow Lane sold most recently in Aug 3, 2011 for a total of $2,142,857. If you work out the math, that's approximately a cost of $583.57 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 $59,324 in taxes each year. 1191 Meadow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,714,900. If we break it down further, the land itself was valued at $7,503,800. Improvements to the property, however, were assessed at a total of $1,211,100. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 952
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 3,672
  • Building Area: 3,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHPTN QUOGUE BEACH
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT NP15

Ownership

  • Current Owner : 1191 MEADOW LANE LLC
  • Previous Owner : ROBERT VITTORIA
  • 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: 190801

Zoning

  • Zoning: VILLA

Geography

  • Assessors Map Reference: MAP 868
  • District: 0904-0
  • Section: 22.00
  • Parcel: 0904-022.00-01.00-023.000
  • Block: 1
  • Lot: 23.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8555
  • Longitude: -72.4374

    Address

  • Full Address: 1191 Meadow Ln
  • Address - House Number: 1191
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southampton
  • Carrier Code: R003
  • 4-Digit Zip Code: 4531
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,324
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,904,723
  • High Value: 2,345,600
  • Low Value: 1,463,845

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $10,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 08, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • 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
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Aug 16, 2011
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $5,000,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $13,204,394
  • Market Land Value: $11,369,394
  • Market Improvement Value: $1,835,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,714,900
  • Assessed Land Value: $7,503,800
  • Assessed Improvements Value: $1,211,100

    Sales

  • Current Sale Contract Date: Aug 03, 2011
  • Current Sale Recording Date: Aug 16, 2011
  • Current Sale Transaction ID: 1196012216
  • Current Sale Price: $2,142,857
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 16, 2011
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 01, 2041

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Southampton



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Frequently Asked Questions

What neighborhood is 1191 Meadow Lane located in?
The 1191 Meadow Lane is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 1191 Meadow Lane?
The average sales price for units in 1191 Meadow Lane is $0 currently.

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