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2 Oakwood Court

2 Oakwood Court, Wainscott, NY 11975
Property in East Hampton
Sold Nov 17, 2015
$4,850,000
$2,500,000 by Us Bank Na
Mortgage Due Apr 01, 2051
Sold Dec 29, 2011
$1,200,000
Local assessors in Wainscott, NY have categorized 2 Oakwood Court as a residential type of property. The property's lot size has been calculated to be 40,075 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Oct 29, 2015 for $4,850,000. Prior to that sales transaction, the property was also sold in Dec 16, 2011 for $1,200,000. 2 Oakwood Court was last assessed in 2023. The total value of the property was assessed at $29,200. Specifically, the land the property is located on was valued at $1,000. While improvements on the property were assessed at a total of $28,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 40,075
  • 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
  • Subdivision: MAP WAINSCOTT ACRES
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : POLK CURTIS
  • Current Owner 2: CURTIS J POLK REVOCABLE TRUST
  • Previous Owner : SOUTH OF THE BORDER LLC
  • Owner Before Previous Owner: BROWNE SHARON

Neighborhood

  • School District Name: Wainscott Common School District
  • School Tax School District: WAINSCOTT
  • Census Tract: 200903

Geography

  • District: 0300-1
  • Section: 197.00
  • Parcel: 0300-197.00-07.00-001.012
  • Block: 7
  • Lot: 1.012
  • Municipality: EAST HAMPTON
  • Latitude: 40.9471
  • Longitude: -72.2436

    Address

  • Full Address: 2 Oakwood Ct
  • Address - House Number: 2
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Wainscott
  • Zip Code: 11975

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472402

    Appraisal Valuation

  • Standard Deviation: 0.2689
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 6,885,967
  • High Value: 8,738,110
  • Low Value: 5,033,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $78,919
  • Market Land Value: $2,703
  • Market Improvement Value: $76,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,200
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $28,200

    Sales

  • Current Sale Contract Date: Oct 29, 2015
  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Transaction ID: 1390384388
  • Current Sale Price: $4,850,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Dec 29, 2011
  • Previous Sale Contract Date: Dec 16, 2011
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Wainscott



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Frequently Asked Questions

What neighborhood is 2 Oakwood Court located in?
The 2 Oakwood Court is a located in the neighborhood of East Hampton in Wainscott, Wainscott.
What is the average sales price for listings in 2 Oakwood Court?
The average sales price for units in 2 Oakwood Court is $0 currently.

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