Sold Nov 12, 2023
$3,950,000
Buyer
Seller
Sold Mar 23, 2000
$57,500
Seller
$431,250
by Webster Bank
Mortgage
31 Millfarm Lane in Southampton, NY was first built in 2013 and is 11 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a contemporary style.
It is a single story home.
There are a total of 0 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 3 full bathrooms.
There are 3 partial bathrooms.
31 Millfarm Lane has 3,029 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 37,026 square feet.
Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31 Millfarm Lane was last sold in Sep 19, 2023 for $3,950,000. According to our calculations, that's $1,304.06 per sqft. Prior to that sales transaction, the property was sold for $57,500 in Mar 21, 2000. Current property owners are expected to pay $9,067 in taxes per year. The property on 31 Millfarm Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,155,400. To break that down further, the land itself was valued at $1,399,000. While improvements to the property were assessed at a total of $756,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31 Millfarm Lane was last sold in Sep 19, 2023 for $3,950,000. According to our calculations, that's $1,304.06 per sqft. Prior to that sales transaction, the property was sold for $57,500 in Mar 21, 2000. Current property owners are expected to pay $9,067 in taxes per year. The property on 31 Millfarm Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,155,400. To break that down further, the land itself was valued at $1,399,000. While improvements to the property were assessed at a total of $756,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
Building Info
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About Water Mill
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