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201 Upper 7 Ponds Road

201 Upper 7 Ponds Road, Water Mill, NY 11976
Property in Southampton
Sold Dec 04, 2020
$950,000
$760,000 by Loandepot.com Llc
Mortgage Due Dec 04, 2050
Sold Oct 20, 1999
$300,000
$210,000 by Flushing Svgs Bank Fsb
Mortgage Due Oct 01, 2029
201 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 1991 and is 33 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 201 Upper 7 Ponds Road has 1,666 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.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 368 sqft. According to our sources, there is one available parking space. 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 B by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a well 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, 201 Upper 7 Ponds Road sold most recently in Sep 21, 2020 for a total of $950,000. If you work out the math, that's approximately a cost of $570.23 per sqft. Before that, the property was also sold for $300,000 in Sep 28, 1999. 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 $3,473 in taxes each year. 201 Upper 7 Ponds Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $825,600. 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 $215,800. 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: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 368
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,666
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-GURRETT S-SEVEN PONDS RD E-ARMUSEWICZ W-RENKINS

Ownership

  • Current Owner : HIGDON JOHN J
  • Current Owner 2: HIGDON CLAUDIE
  • Previous Owner : HIGDON JOHN C
  • Previous Owner 2: HIGDON KATHEEN H
  • Owner Before Previous Owner: HIGDON KATHLEEN MARIE
  • Owner Before Previous Owner 2: FOLAN MICHAEL F
  • Is Owner Occupied: Owner-occupied property

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: 0900-113.00-02.00-031.000
  • Block: 2
  • Lot: 31.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9083
  • Longitude: -72.3652

    Address

  • Full Address: 201 Upper 7 Ponds Rd
  • Address - House Number: 201
  • 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: $3,473
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,332,262
  • High Value: 1,664,435
  • Low Value: 1,000,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $760,000
  • 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: Dec 04, 2050

    Market Valuation

  • Market Total Value: $1,187,914
  • Market Land Value: $877,410
  • Market Improvement Value: $310,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,600
  • Assessed Land Value: $609,800
  • Assessed Improvements Value: $215,800

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11808765536
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 20, 1999
  • Previous Sale Contract Date: Sep 28, 1999
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FLUSHING SVGS BANK FSB
  • Previous Mortgage Transaction Date: Oct 20, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2029

About Water Mill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 201 Upper 7 Ponds Road located in?
The 201 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 201 Upper 7 Ponds Road?
The average sales price for units in 201 Upper 7 Ponds Road is $0 currently.

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