See Home Value
Montauk 11954
18 Arthur Drive
$3,400,000
House - Off Market

18 Arthur Drive

Montauk, NY 11954
bedrooms
4 Beds
bathrooms
3 Baths
$19,227
Estimated Monthly
$0
HOA / Fees
11.01%
Cap Rate

About This Property

HITHER HILLS BEACH HOUSE WITH POOL Hither Hills renovated home with pool and all the modern conveniences. Large and light filled open living, gourmet kitchen, floor to ceiling sliders opening up to the great outdoors. Four bedrooms, three full baths, central air conditioning and outdoor shower. Solar Panels. Hither Hills ocean beach rights complete this must see home. Great investment with amazing rental history.
Unit Size
-
Days on Market
253 days
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,083
HOA Dues
-
Year Built
-
Last updated: 30 days ago (OneKey MLS #ONE3492520)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold $3,400,000
Sold
Mar 16, 2024 In contract -
In contract
Oct 24, 2023 Price Decreased $3,695,000
↓ $255K (6.5%)
Price Decreased
Sep 29, 2023 Price Decreased $3,950,000
↓ $245K (5.8%)
Price Decreased
Jul 19, 2023 Listed by Douglas Elliman Real Estate $4,195,000
Listed by Douglas Elliman Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 13,504
  • 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: 0.31
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MONTAUK BEACH HOUSE LLC
  • Previous Owner : LOHN GARY A

Neighborhood

  • School District Name: Montauk Union Free School District
  • School Tax School District: MONTAUK
  • Census Tract: 201007

Geography

  • District: 0300-0
  • Section: 68.00
  • Parcel: 0300-068.00-05.00-020.003
  • Block: 5
  • Lot: 20.003
  • Municipality: EAST HAMPTON
  • Latitude: 41.0265
  • Longitude: -71.9734

    Address

  • Full Address: 18 Arthur Dr
  • Address - House Number: 18
  • Address - Street Name: Arthur
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montauk
  • Carrier Code: R001
  • 4-Digit Zip Code: 5057
  • Zip Code: 11954

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472406

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 2,387,309
  • High Value: 2,965,695
  • Low Value: 1,808,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,100,000
  • First Open Lien Mortgage Lender: BETHPAGE FCU
  • First Open Lien Mortgage Recording Date: Aug 14, 2018
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $35,459
  • Market Land Value: $3,243
  • Market Improvement Value: $32,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,120
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $11,920

    Sales

  • Current Sale Contract Date: Oct 27, 2016
  • Current Sale Recording Date: Nov 22, 2016
  • Current Sale Transaction ID: 1982818959
  • Current Sale Price: $1,512,500
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHARESTATES INVESTMENTS LLC
  • First Mortgage Transaction Date: Nov 22, 2016
  • First Mortgage Loan Amount: $1,210
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2017
  • Second Mortgage Lender: SHARESTATES INVESTMENTS LLC
  • Second Mortgage Transaction Date: Nov 22, 2016
  • Second Mortgage Loan Amount: $350,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
3 Baths
-
$2,650,000 Aug 13, 2020
$2,650,000 Dec 13, 2021
$581/mo
House
4 Beds
3 Baths
-
$2,999,999 Feb 8, 2024
-
$534/mo
House
6 Beds
3.5 Baths
2,578 ft²
$1,356/ft²
$3,495,000 Oct 6, 2023
-
$6,925/mo

About Montauk


Similar Homes for Sale

Unit for sale at 9 Webster Road, Montauk, NY 11954

$3,495,000

  • 6 Beds
  • 3.5 Baths
  • 2,578 ft²
9 Webster Road, Montauk, NY 11954 Listing by Matthew Burns
Unit for sale at 23 Adams Drive, Montauk, NY 11954

$2,999,999

  • 4 Beds
  • 3 Baths
23 Adams Drive, Montauk, NY 11954 Listing by Geoffrey A Gifkins

Nearby Rentals



Frequently Asked Questions

When was property at 18 Arthur Drive built and last sold?
The property at 18 Arthur Drive was built in and last sold on Oct 27, 2016 for $1,512,500.
How much is this home worth?
The estimated value of the home located at 18 Arthur Drive is $3,731,950.
What are some comparable homes to 18 Arthur Drive?
Homes that are comparable to 18 Arthur Drive include a house property at 23 Adams Drive, 9 Webster Road, 507 Old Montauk Highway.

Quantcast