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121 Pauls Lane

121 Pauls Lane, Water Mill, NY 11976
Property in Southampton
Sold May 13, 2011
$2,550,000
$6,600,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2041
Sold Jul 24, 2009
$2,850,000
Local assessors in Water Mill, NY have categorized 121 Pauls Lane as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 68,825 square feet. 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, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 121 Pauls Lane has a total of 8,076 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 none system. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The property was last sold in May 5, 2011 for $2,550,000. That's $315.75 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2009 for $2,850,000. 121 Pauls Lane was last assessed in 2023. The total value of the property was assessed at $8,954,300. Specifically, the land the property is located on was valued at $2,830,100. While improvements on the property were assessed at a total of $6,124,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $36,432. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 6
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 68,825
  • Total Building Area: 8,076
  • Building Area: 8,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 1.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-DAISLEY S-MAP 7235 E-OSBORN & ORS W-PAULS LANE

Ownership

  • Current Owner : POSNER JARRET BLAKE
  • Current Owner 2: POSNER PAMELA
  • Previous Owner : PELUSO CHRISTOPHER J
  • Owner Before Previous Owner: UNIQUE PROPERTY HOLDING II LLC

Neighborhood

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

Zoning

  • Zoning: R80

Geography

  • District: 0900-1
  • Section: 104.00
  • Parcel: 0900-104.00-01.00-020.002
  • Block: 1
  • Lot: 20.002
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9192
  • Longitude: -72.3199

    Address

  • Full Address: 121 Pauls Ln
  • Address - House Number: 121
  • Address - Street Name: Pauls
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R001
  • 4-Digit Zip Code: 2023
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,432
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 2,529,182
  • High Value: 3,114,600
  • Low Value: 1,943,763

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,689,100
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2011
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $6,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 11, 2021
  • Second Open Lien Mortgage Loan Amount: $89,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jan 11, 2051

    Market Valuation

  • Market Total Value: $12,883,885
  • Market Land Value: $4,072,086
  • Market Improvement Value: $8,811,799

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,954,300
  • Assessed Land Value: $2,830,100
  • Assessed Improvements Value: $6,124,200

    Sales

  • Current Sale Contract Date: May 05, 2011
  • Current Sale Recording Date: May 13, 2011
  • Current Sale Transaction ID: 1108248226
  • Current Sale Price: $2,550,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jul 24, 2009
  • Previous Sale Contract Date: Jul 20, 2009
  • Previous Sale Amount: $2,850,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 13, 2011
  • First Mortgage Loan Amount: $6,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2041

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bridgehampton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 121 Pauls Lane located in?
The 121 Pauls Lane is a located in the neighborhood of Southampton in Bridgehampton, Water Mill.
What is the average sales price for listings in 121 Pauls Lane?
The average sales price for units in 121 Pauls Lane is $0 currently.

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