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16 North Cape Lane

16 North Cape Lane, East Hampton, NY 11937
Property in East Hampton
Sold Jun 14, 2018
$965,000
$772,000 by Citizens Bank
Mortgage Due Jul 01, 2047
Sold Sep 29, 1994
$250,000
This has been categorized as a residential property type. In total, the area measurement of the land is 27,443 square feet.

Learn more about the property and building on this page. The property was last sold in May 14, 2018 for $965,000. Prior to that sales transaction, the property was also sold in Sep 16, 1994 for $250,000. 16 North Cape Lane was last assessed in 2023. The total value of the property was assessed at $5,450. Specifically, the land the property is located on was valued at $800. While improvements on the property were assessed at a total of $4,650. 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 $0. 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! 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.63
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE-TANNEBAUM DANIEL
  • Current Owner 2: LOVELADY-TANNEBAUM RACHEL
  • Previous Owner : JACOBY ANDREW
  • Owner Before Previous Owner: LAZER DAVID
  • Owner Before Previous Owner 2: RAPKINE BRUCE E

Neighborhood

  • School District Name: East Hampton Union Free School District
  • School Tax School District: EAST HAMPTON
  • Census Tract: 200906

Geography

  • District: 0300-0
  • Section: 55.00
  • Parcel: 0300-055.00-05.00-003.000
  • Block: 5
  • Lot: 3.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0255
  • Longitude: -72.2119

    Address

  • Full Address: 16 N Cape Ln
  • Address - House Number: 16
  • Street Direction: N
  • Address - Street Name: Cape
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: East Hampton
  • Carrier Code: C008
  • 4-Digit Zip Code: 1035
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472401

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,765,082
  • High Value: 2,204,317
  • Low Value: 1,325,847

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $1,403,078
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2018
  • First Open Lien Mortgage Loan Amount: $772,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Jan 02, 2020
  • Second Open Lien Mortgage Loan Amount: $4,342
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2049
  • Third Open Lien Mortgage Lender: CITIBANK NA
  • Third Open Lien Mortgage Recording Date: Apr 15, 2021
  • Third Open Lien Mortgage Loan Amount: $210,273
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Apr 15, 2051
  • Fourth Open Lien Mortgage Lender: PEOPLES UNITED BANK
  • Fourth Open Lien Mortgage Recording Date: Jan 19, 2022
  • Fourth Open Lien Mortgage Loan Amount: $416,463
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Mortgage Modification
  • Fourth Open Lien Mortgage Loan Due Date: Jan 19, 2052

    Market Valuation

  • Market Total Value: $14,730
  • Market Land Value: $2,162
  • Market Improvement Value: $12,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,450
  • Assessed Land Value: $800
  • Assessed Improvements Value: $4,650

    Sales

  • Current Sale Contract Date: May 14, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Transaction ID: 11523201410
  • Current Sale Price: $965,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 29, 1994
  • Previous Sale Contract Date: Sep 16, 1994
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Jun 14, 2018
  • First Mortgage Loan Amount: $772,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jul 01, 2047

About Northwest Harbor



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Frequently Asked Questions

What neighborhood is 16 North Cape Lane located in?
The 16 North Cape Lane is a located in the neighborhood of East Hampton in Northwest Harbor, East Hampton.
What is the average sales price for listings in 16 North Cape Lane?
The average sales price for units in 16 North Cape Lane is $0 currently.

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