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22 Bay Drive

22 Bay Drive, Hampton Bays, NY 11946
Property in Southampton
Sold Oct 09, 2012
$1,000,000
$1,000,000 by Wells Fargo Bank N A
Mortgage Due Oct 01, 2042
Sold Jun 30, 2006
$1,475,000
Local assessors in Hampton Bays, NY have categorized 22 Bay Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 40,511 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 22 Bay Drive has a total of 5,116 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 27, 2012 for $1,000,000. That's $195.47 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2006 for $1,475,000. 22 Bay Drive was last assessed in 2023. The total value of the property was assessed at $2,321,800. Specifically, the land the property is located on was valued at $817,400. While improvements on the property were assessed at a total of $1,504,400. 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. 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! 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

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 5,116
  • Building Area: 5,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 5,116
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EDWIN-BARBARA ZEMSKY
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 1

Ownership

  • Current Owner : ATHAS JOHN M
  • Current Owner 2: TADROS MONICA
  • Previous Owner : DELREY ALFRED J
  • Previous Owner 2: LING JENNY
  • Owner Before Previous Owner: HOUSE AND CO LLC

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190604

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP 9764
  • District: 0900-2
  • Section: 269.00
  • Parcel: 0900-269.00-02.00-014.002
  • Block: 2
  • Lot: 14.002
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8739
  • Longitude: -72.4972

    Address

  • Full Address: 22 Bay Dr
  • Address - House Number: 22
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C002
  • 4-Digit Zip Code: 2722
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 2,661,356
  • High Value: 3,309,683
  • Low Value: 2,013,029

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,609,769
  • First Open Lien Mortgage Lender: WELLS FARGO BANK N A
  • First Open Lien Mortgage Recording Date: Oct 09, 2012
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Oct 01, 2042
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Oct 03, 2016
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $9,769
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Third Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Third Open Lien Mortgage Recording Date: Jun 28, 2022
  • Third Open Lien Mortgage Loan Amount: $600,000
  • Third Open Lien Mortgage Term: 348
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $3,340,719
  • Market Land Value: $1,176,115
  • Market Improvement Value: $2,164,604

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,321,800
  • Assessed Land Value: $817,400
  • Assessed Improvements Value: $1,504,400

    Sales

  • Current Sale Contract Date: Sep 27, 2012
  • Current Sale Recording Date: Oct 09, 2012
  • Current Sale Transaction ID: 1125755952
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Contract Date: Jun 15, 2006
  • Previous Sale Amount: $1,475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK N A
  • First Mortgage Transaction Date: Oct 09, 2012
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

About Hampton Bays



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Frequently Asked Questions

What neighborhood is 22 Bay Drive located in?
The 22 Bay Drive is a located in the neighborhood of Southampton in Hampton Bays, Hampton Bays.
What is the average sales price for listings in 22 Bay Drive?
The average sales price for units in 22 Bay Drive is $0 currently.

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