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16 Arthur Lane

16 Arthur Lane, Bridgehampton, NY 11932
Property in Southampton
Sold Oct 27, 2022
$3,100,000
$3,250,000 by Leonard Riggio
Mortgage Due Oct 27, 2052
Sold Jul 22, 2016
$860,000
$460,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2046
16 Arthur Lane in Bridgehampton, NY was first built in 2009 and is 15 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16 Arthur Lane has 2,871 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 24,829 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 municipal 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 16 Arthur Lane was last sold in Oct 7, 2022 for $3,100,000. According to our calculations, that's $1,079.76 per sqft. Prior to that sales transaction, the property was sold for $860,000 in Jun 7, 2016. Current property owners are expected to pay $0 in taxes per year. The property on 16 Arthur Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,255,400. To break that down further, the land itself was valued at $643,300. While improvements to the property were assessed at a total of $612,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,871
  • Building Area: 2,871
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,871
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRIDGEWOOD
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 36

Ownership

  • Current Owner : SAPLACHDIS PANAGIOTIS
  • Current Owner 2: ARETAKI THEODORA
  • Previous Owner : SERRAS MICHAEL C
  • Previous Owner 2: SERRAS DIANE
  • Owner Before Previous Owner: MATTERA LINDA A
  • Owner Before Previous Owner 2: MATTERA MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bridgehampton Union Free School District
  • School Tax School District: BRIDGEHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: CR40

Geography

  • Assessors Map Reference: MAP 8769
  • District: 0900-0
  • Section: 54.00
  • Parcel: 0900-054.00-03.00-002.000
  • Block: 3
  • Lot: 2.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9571
  • Longitude: -72.2944

    Address

  • Full Address: 16 Arthur Ave
  • Address - House Number: 16
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Bridgehampton
  • Zip Code: 11932

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473609

    Appraisal Valuation

  • Standard Deviation: 0.2725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 2,478,344
  • High Value: 3,153,877
  • Low Value: 1,802,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,250,000
  • First Open Lien Mortgage Lender: LEONARD RIGGIO
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Loan Amount: $3,250,000
  • 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: Oct 27, 2052

    Market Valuation

  • Market Total Value: $1,806,331
  • Market Land Value: $925,612
  • Market Improvement Value: $880,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,255,400
  • Assessed Land Value: $643,300
  • Assessed Improvements Value: $612,100

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11917760932
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jun 07, 2016
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEONARD RIGGIO
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $3,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 22, 2016
  • Previous Mortgage Loan Amount: $460,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Bridgehampton



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Frequently Asked Questions

What neighborhood is 16 Arthur Lane located in?
The 16 Arthur Lane is a located in the neighborhood of Southampton in Bridgehampton, Bridgehampton.
What is the average sales price for listings in 16 Arthur Lane?
The average sales price for units in 16 Arthur Lane is $0 currently.

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