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205 West Lake Drive

205 West Lake Drive, Montauk, NY 11954
Property in East Hampton
Sold Jun 25, 1998
$165,000
$6,190 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2042
This has been categorized as a residential property type. The linear feet across the front of the lot is 1,120 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 17,472 square feet.

Learn more about the property and building on this page. 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, 205 West Lake Drive sold most recently in Jun 12, 1998 for a total of $165,000. 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. 205 West Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,040. If we break it down further, the land itself was valued at $700. Improvements to the property, however, were assessed at a total of $4,340. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

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

    Dimensions

  • Lot Size Square Feet: 17,472
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 1,120
  • 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: 0.401
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BECKWITH PAUL BRUCE
  • Previous Owner : BELBER WILLIAM
  • Previous Owner 2: BELBER ISABEL S
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • District: 0300-0
  • Section: 19.00
  • Parcel: 0300-019.00-04.00-018.000
  • Block: 4
  • Lot: 18.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0572
  • Longitude: -71.9318

    Address

  • Full Address: 205 W Lake Dr
  • Address - House Number: 205
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montauk
  • Zip Code: 11954

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 1,721,709
  • High Value: 2,091,516
  • Low Value: 1,351,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,190
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2012
  • First Open Lien Mortgage Loan Amount: $6,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $13,622
  • Market Land Value: $1,892
  • Market Improvement Value: $11,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,040
  • Assessed Land Value: $700
  • Assessed Improvements Value: $4,340

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 1998
  • Current Sale Recording Date: Jun 25, 1998
  • Current Sale Transaction ID: 1169176286
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN BK
  • First Mortgage Transaction Date: Jun 25, 1998
  • First Mortgage Loan Amount: $160,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2028

About Montauk



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Frequently Asked Questions

What neighborhood is 205 West Lake Drive located in?
The 205 West Lake Drive is a located in the neighborhood of East Hampton in Montauk, Montauk.
What is the average sales price for listings in 205 West Lake Drive?
The average sales price for units in 205 West Lake Drive is $0 currently.

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