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15 Farmstead Lane

15 Farmstead Lane, Water Mill, NY 11976
Property in Southampton
Sold Dec 11, 2009
$732,000
$250,001 by Wells Frago Bank Na
Mortgage Due Dec 01, 2039
15 Farmstead Lane in Water Mill, NY was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 15 Farmstead Lane has 1,790 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 23,087 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. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with oil. 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, 15 Farmstead Lane was last sold in Nov 24, 2009 for $732,000. According to our calculations, that's $408.94 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 15 Farmstead Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,171,600. To break that down further, the land itself was valued at $889,200. While improvements to the property were assessed at a total of $282,400. 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. 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.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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,790
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GRAPHIC ARTS BG CO
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 11

Ownership

  • Current Owner : STRIANO JOHN L
  • Current Owner 2: STRIANO DINA L
  • Previous Owner : MORGILLO ROBERT M
  • Previous Owner 2: MORGILLO CIRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190713

Zoning

  • Zoning: CR80

Geography

  • Assessors Map Reference: MAP 8435
  • District: 0900-0
  • Section: 65.00
  • Parcel: 0900-065.00-02.00-003.026
  • Block: 2
  • Lot: 3.026
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9383
  • Longitude: -72.3608

    Address

  • Full Address: 15 Farmstead Ln
  • Address - House Number: 15
  • Address - Street Name: Farmstead
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R002
  • 4-Digit Zip Code: 2139
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,504,167
  • High Value: 1,879,201
  • Low Value: 1,129,133

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,392
  • First Open Lien Mortgage Lender: WELLS FRAGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 11, 2009
  • First Open Lien Mortgage Loan Amount: $250,001
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2039
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK N A
  • Second Open Lien Mortgage Recording Date: Mar 09, 2013
  • Second Open Lien Mortgage Loan Amount: $5,391
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2043

    Market Valuation

  • Market Total Value: $1,685,755
  • Market Land Value: $1,279,424
  • Market Improvement Value: $406,331

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,171,600
  • Assessed Land Value: $889,200
  • Assessed Improvements Value: $282,400

    Sales

  • Current Sale Contract Date: Nov 24, 2009
  • Current Sale Recording Date: Dec 11, 2009
  • Current Sale Transaction ID: 1125734609
  • Current Sale Price: $732,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FRAGO BANK NA
  • First Mortgage Transaction Date: Dec 11, 2009
  • First Mortgage Loan Amount: $250,001
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2039

About Water Mill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,695 /mo

  • 1 Bed
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 15 Farmstead Lane located in?
The 15 Farmstead Lane is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 15 Farmstead Lane?
The average sales price for units in 15 Farmstead Lane is $0 currently.

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