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16 Ranch Court

16 Ranch Court, Montauk, NY 11954
Property in Southampton
Sold Jul 28, 2014
$4,975,000
$3,233,750 by Ubs Bank Usa
Mortgage Due Aug 01, 2044
Sold Dec 26, 2012
$1,000,000
$793,000 by Wells Fargo Bank Mortgage Nati
Mortgage Due Dec 01, 2042
16 Ranch Court in Montauk, NY was first built in 2015 and is 9 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 Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16 Ranch Court has 7,334 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 50,530 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 exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system. 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, 16 Ranch Court sold most recently in Jul 18, 2014 for a total of $4,975,000. If you work out the math, that's approximately a cost of $678.35 per sqft. Before that, the property was also sold for $1,000,000 in Nov 2, 2012. 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 $0 in taxes each year. 16 Ranch Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,061,700. If we break it down further, the land itself was valued at $894,400. Improvements to the property, however, were assessed at a total of $4,167,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 9
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Cape Cod
  • 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: 50,530
  • Total Building Area: 7,334
  • Building Area: 7,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 7,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: THE RANCH
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 11

Ownership

  • Current Owner : VAZIRANI RAJ
  • Current Owner 2: VAZIRANI NADIA
  • Previous Owner : GRUMAN GLENN N
  • Previous Owner 2: GRUMAN SHARON
  • Owner Before Previous Owner: MARIENFELD FREDERICK E
  • Owner Before Previous Owner 2: MARIENFELD MARY B

Neighborhood

  • School District Name: Sag Harbor Union Free School District
  • School Tax School District: SAG HARBOR
  • Census Tract: 190714

Zoning

  • Zoning: CR80

Geography

  • Assessors Map Reference: MAP 8694
  • District: 0900-0
  • Section: 56.00
  • Parcel: 0900-056.00-01.00-019.028
  • Block: 1
  • Lot: 19.028
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9523
  • Longitude: -72.2783

    Address

  • Full Address: 16 Ranch Ct
  • Address - House Number: 16
  • Address - Street Name: Ranch
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Sagaponack
  • Zip Code: 11962

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472405

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 6,880,214
  • High Value: 8,712,348
  • Low Value: 5,048,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,233,750
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Jul 28, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,233,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $7,283,021
  • Market Land Value: $1,286,906
  • Market Improvement Value: $5,996,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,061,700
  • Assessed Land Value: $894,400
  • Assessed Improvements Value: $4,167,300

    Sales

  • Current Sale Contract Date: Jul 18, 2014
  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Transaction ID: 11474450838
  • Current Sale Price: $4,975,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Dec 26, 2012
  • Previous Sale Contract Date: Nov 02, 2012
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Jul 28, 2014
  • First Mortgage Loan Amount: $3,233,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK MORTGAGE NATI
  • Previous Mortgage Transaction Date: Dec 26, 2012
  • Previous Mortgage Loan Amount: $793,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2042

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Nearby Rentals

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Frequently Asked Questions

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

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