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317 Mecox Road

317 Mecox Road, Water Mill, NY 11976
Property in Southampton
Sold Jul 08, 2016
$5,500,000
$3,220,000 by Bank Of America Na
Mortgage Due Jun 01, 2031
Sold Oct 17, 2013
$5,215,000
$3,500,000 by First Republic Bank
Mortgage Due Nov 01, 2043
317 Mecox Road has been categorized by the local assessors in Water Mill, NY as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 317 Mecox Road has 2,862 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 60,984 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,224 sqft. According to our sources, there are a total of 2 available parking spaces. 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 good. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. 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. 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, 317 Mecox Road was last sold in Jun 6, 2016 for $5,500,000. According to our calculations, that's $1,921.73 per sqft. Prior to that sales transaction, the property was sold for $5,215,000 in Oct 2, 2013. Current property owners are expected to pay $25,835 in taxes per year. The property on 317 Mecox Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,338,400. To break that down further, the land itself was valued at $3,076,700. While improvements to the property were assessed at a total of $3,261,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,224
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,862
  • Building Area: 2,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,862
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BRIDGEHAMPTON ESTATE
  • Land Acres: 1.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK B LOT 2

Ownership

  • Current Owner : BARON FABIEN
  • Previous Owner : SIENUCHISTAN LLC
  • Owner Before Previous Owner: GOULD GREGORY M

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MAP 856
  • District: 0900-1
  • Section: 103.00
  • Parcel: 0900-103.00-01.00-026.000
  • Block: 1
  • Lot: 26.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9185
  • Longitude: -72.3255

    Address

  • Full Address: 317 Mecox Rd
  • Address - House Number: 317
  • Address - Street Name: Mecox
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R001
  • 4-Digit Zip Code: 3211
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,835
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 6,722,652
  • High Value: 8,541,290
  • Low Value: 4,904,014

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,271,913
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 08, 2016
  • First Open Lien Mortgage Loan Amount: $3,220,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031
  • Second Open Lien Mortgage Lender: CITIZENS BANK
  • Second Open Lien Mortgage Recording Date: Jan 04, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $51,913
  • Second Open Lien Mortgage Term: 348
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $9,120,000
  • Market Land Value: $4,426,906
  • Market Improvement Value: $4,693,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,338,400
  • Assessed Land Value: $3,076,700
  • Assessed Improvements Value: $3,261,700

    Sales

  • Current Sale Contract Date: Jun 06, 2016
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Transaction ID: 1691978033
  • Current Sale Price: $5,500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Oct 17, 2013
  • Previous Sale Contract Date: Oct 02, 2013
  • Previous Sale Amount: $5,215,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 08, 2016
  • First Mortgage Loan Amount: $3,220,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Oct 17, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $3,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Water Mill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 317 Mecox Road located in?
The 317 Mecox Road is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 317 Mecox Road?
The average sales price for units in 317 Mecox Road is $0 currently.

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