25 Potato Lane

25 Potato Lane has been categorized by the local assessors in Sagaponack, NY as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 5 bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 25 Potato Lane has 4,708 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 44,867 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. The exterior walls of the building are made of wood. There is a single fireplace in the home. Perfect for those wintery nights. 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, 25 Potato Lane sold most recently in Aug 10, 2020 for a total of $20,500,000. If you work out the math, that's approximately a cost of $4,354.29 per sqft. Before that, the property was also sold for $12,000,000 in Apr 7, 2015. 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 $55,467 in taxes each year. 25 Potato Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,926,500. If we break it down further, the land itself was valued at $13,690,200. Improvements to the property, however, were assessed at a total of $6,236,300. 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. 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.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.