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268 Millstone Road

268 Millstone Road, Water Mill, NY 11976
Sold Mar 06, 2003
$199,500
$532,500 by First Republic Bank
Mortgage Due Dec 01, 2050
Local assessors in Water Mill, NY have categorized 268 Millstone Road as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 21,780 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 268 Millstone Road has a total of 684 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 detached garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with nothing. The property was last sold in Feb 27, 2003 for $199,500. That's $291.67 per sqft. 268 Millstone Road was last assessed in 2023. The total value of the property was assessed at $750,600. Specifically, the land the property is located on was valued at $659,800. While improvements on the property were assessed at a total of $90,800. 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. 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. 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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 684
  • Building Area: 684
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 684
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILLSTONE GLEN
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 9

Ownership

  • Current Owner : CUTLIP RONALD S
  • Previous Owner : FREED CHARLES W
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bridgehampton Union Free School District
  • School Tax School District: BRIDGEHAMPTON
  • Census Tract: 190711

Zoning

  • Zoning: CR80

Geography

  • Assessors Map Reference: MAP 3298
  • District: 0900-0
  • Section: 37.00
  • Parcel: 0900-037.00-01.00-010.000
  • Block: 1
  • Lot: 10.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9584
  • Longitude: -72.3298

    Address

  • Full Address: 268 Millstone Rd
  • Address - House Number: 268
  • Address - Street Name: Millstone
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R003
  • 4-Digit Zip Code: 2220
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473609

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,641,214
  • High Value: 2,050,418
  • Low Value: 1,232,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $532,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,080,000
  • Market Land Value: $949,353
  • Market Improvement Value: $130,647

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $750,600
  • Assessed Land Value: $659,800
  • Assessed Improvements Value: $90,800

    Sales

  • Current Sale Contract Date: Feb 27, 2003
  • Current Sale Recording Date: Mar 06, 2003
  • Current Sale Transaction ID: 11474436064
  • Current Sale Price: $199,500
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHARLES W FREED JR
  • First Mortgage Transaction Date: Mar 06, 2003
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Bridgehampton



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 268 Millstone Road located in?
The 268 Millstone Road is a land located in the neighborhood of Southampton in Bridgehampton, Water Mill.
What is the average sales price for listings in 268 Millstone Road?
The average sales price for units in 268 Millstone Road is $0 currently.

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