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242 Toylsome Lane

242 Toylsome Lane, Southampton, NY 11968
Property in Southampton
Sold Jul 12, 2022
$5,501,242
$2,904,000 by Citibank Na
Mortgage Due Jul 12, 2052
Sold Aug 25, 2001
$2,450,000
$1,592,500 by Chevy Chase Bank Fsb
Mortgage Due Sep 01, 2031
Local assessors in Southampton, NY have categorized 242 Toylsome Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 35,284 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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, 3 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 3 full bathrooms. There are also 3 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 242 Toylsome Lane has a total of 3,668 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 attached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 242 Toylsome Lane sold most recently in Jun 1, 2022 for a total of $5,501,242. If you work out the math, that's approximately a cost of $1,499.79 per sqft. Before that, the property was also sold for $2,450,000 in Aug 15, 2001. 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 $4,163 in taxes each year. 242 Toylsome Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,786,700. If we break it down further, the land itself was valued at $4,081,000. Improvements to the property, however, were assessed at a total of $705,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,284
  • Total Building Area: 3,668
  • Building Area: 3,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,668
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-TOYLESOME LANE S-PIPING ROCK DEV CORP E-LAUTH W-PIERRPONT ST

Ownership

  • Current Owner : STRICKLAND SHAWN
  • Current Owner 2: STRICKLAND RACHEL
  • Previous Owner : CATIA Z CHAPIN RET
  • Previous Owner 2: VANVREDENBURCH
  • Owner Before Previous Owner: GOODRICH DIANE DOUGLAS
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190801

Zoning

  • Zoning: VILLA

Geography

  • District: 0904-0
  • Section: 18.00
  • Parcel: 0904-018.00-02.00-025.001
  • Block: 2
  • Lot: 25.001
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8809
  • Longitude: -72.3799

    Address

  • Full Address: 242 Toylsome Ln
  • Address - House Number: 242
  • Address - Street Name: Toylsome
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southampton
  • Carrier Code: C001
  • 4-Digit Zip Code: 5023
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,163
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 2,145,975
  • High Value: 2,642,694
  • Low Value: 1,649,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,904,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,904,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 12, 2052

    Market Valuation

  • Market Total Value: $7,252,575
  • Market Land Value: $6,183,333
  • Market Improvement Value: $1,069,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,786,700
  • Assessed Land Value: $4,081,000
  • Assessed Improvements Value: $705,700

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Transaction ID: 11915591870
  • Current Sale Price: $5,501,242
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 25, 2001
  • Previous Sale Contract Date: Aug 15, 2001
  • Previous Sale Amount: $2,450,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jul 12, 2022
  • First Mortgage Loan Amount: $2,904,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHEVY CHASE BANK FSB
  • Previous Mortgage Transaction Date: Aug 25, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,592,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2031

About Southampton



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Frequently Asked Questions

What neighborhood is 242 Toylsome Lane located in?
The 242 Toylsome Lane is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 242 Toylsome Lane?
The average sales price for units in 242 Toylsome Lane is $0 currently.

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