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38 Woods Lane

38 Woods Lane, Southampton, NY 11968
Property in Southampton
Sold Aug 19, 2020
$1,425,000
$1,068,750 by Hsbc Bank Usa
Mortgage Due Aug 19, 2050
38 Woods Lane in Southampton, NY was first built in 1991 and is 33 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 ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 38 Woods Lane has 1,680 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 18,295 square feet.

Learn more about the property and building on this page. 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. For those who need parking, there is a garage. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water 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. 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, 38 Woods Lane sold most recently in Jul 9, 2020 for a total of $1,425,000. If you work out the math, that's approximately a cost of $848.21 per sqft. 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 $0 in taxes each year. 38 Woods Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $600,200. If we break it down further, the land itself was valued at $366,300. Improvements to the property, however, were assessed at a total of $233,900. 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. 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. 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: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHAMPTON COVE ANX
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 10

Ownership

  • Current Owner : 38 EAST WOODS PATH LLC
  • Previous Owner : SOKOLOW ALEC
  • Previous Owner 2: SOKOLOW LESLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190706

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: MAP 3232
  • District: 0900-0
  • Section: 62.00
  • Parcel: 0900-062.00-02.00-043.000
  • Block: 2
  • Lot: 43.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9376
  • Longitude: -72.3999

    Address

  • Full Address: 38 Woods Ln
  • Address - House Number: 38
  • Address - Street Name: Woods
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southampton
  • Carrier Code: C013
  • 4-Digit Zip Code: 1720
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 1,419,623
  • High Value: 1,811,474
  • Low Value: 1,027,772

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,068,750
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,068,750
  • 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: Aug 19, 2050

    Market Valuation

  • Market Total Value: $863,597
  • Market Land Value: $527,050
  • Market Improvement Value: $336,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,200
  • Assessed Land Value: $366,300
  • Assessed Improvements Value: $233,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11785663525
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $1,068,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About North Sea



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Frequently Asked Questions

What neighborhood is 38 Woods Lane located in?
The 38 Woods Lane is a located in the neighborhood of Southampton in North Sea, Southampton.
What is the average sales price for listings in 38 Woods Lane?
The average sales price for units in 38 Woods Lane is $0 currently.

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