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185 Upper 7 Ponds Road

185 Upper 7 Ponds Road, Water Mill, NY 11976
Property in Southampton
Sold Jun 20, 2012
$798,000
$598,500 by Fifth Third Mortgage Company
Mortgage Due Jul 01, 2042
185 Upper 7 Ponds Road has been categorized by the local assessors in Water Mill, NY as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 185 Upper 7 Ponds Road has 2,299 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a heating system and being fueled with nothing. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 185 Upper 7 Ponds Road sold most recently in Jun 12, 2012 for a total of $798,000. If you work out the math, that's approximately a cost of $347.11 per sqft. 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 $4,116 in taxes each year. 185 Upper 7 Ponds Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $978,400. If we break it down further, the land itself was valued at $609,800. Improvements to the property, however, were assessed at a total of $368,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • 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: 15,246
  • Total Building Area: 2,299
  • Gross Building Area: 2,299
  • Building Area: 2,299
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,299
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N-GARRETT S-SEVEN PONDS RD E-RENKINS W-ZIOLKOWSKI

Ownership

  • Current Owner : ADELMAN IAN
  • Current Owner 2: ADELMAN LINDSEY
  • Previous Owner : MAUS ALINE
  • Previous Owner 2: STAUDENMAIER MARIE

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190706

Zoning

  • Zoning: CR60

Geography

  • District: 0900-1
  • Section: 113.00
  • Parcel: 0900-113.00-02.00-029.000
  • Block: 2
  • Lot: 29.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9083
  • Longitude: -72.3657

    Address

  • Full Address: 185 Upper 7 Ponds Rd
  • Address - House Number: 185
  • Address - Street Name: Upper 7 Ponds
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R001
  • 4-Digit Zip Code: 2318
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,116
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,478,650
  • High Value: 1,820,906
  • Low Value: 1,136,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $598,500
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jun 20, 2012
  • First Open Lien Mortgage Loan Amount: $598,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Market Valuation

  • Market Total Value: $1,407,770
  • Market Land Value: $877,410
  • Market Improvement Value: $530,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $978,400
  • Assessed Land Value: $609,800
  • Assessed Improvements Value: $368,600

    Sales

  • Current Sale Contract Date: Jun 12, 2012
  • Current Sale Recording Date: Jun 20, 2012
  • Current Sale Transaction ID: 1195988475
  • Current Sale Price: $798,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 20, 2012
  • First Mortgage Loan Amount: $598,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2042

About Water Mill



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Frequently Asked Questions

What neighborhood is 185 Upper 7 Ponds Road located in?
The 185 Upper 7 Ponds Road is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 185 Upper 7 Ponds Road?
The average sales price for units in 185 Upper 7 Ponds Road is $0 currently.

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