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4 Gracewood Court

4 Gracewood Court, Hampton Bays, NY 11946
Property in Southampton
Sold Dec 17, 2015
$460,000
$417,000 by Suffolk County National Bank O
Mortgage Due Dec 17, 2045
Sold Aug 25, 2005
$500,000
4 Gracewood Court has been categorized by the local assessors in Hampton Bays, NY as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4 Gracewood Court has 1,444 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 20,038 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal 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, 4 Gracewood Court sold most recently in Nov 20, 2015 for a total of $460,000. If you work out the math, that's approximately a cost of $318.56 per sqft. Before that, the property was also sold for $500,000 in Aug 5, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,305 in taxes each year. 4 Gracewood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $520,800. If we break it down further, the land itself was valued at $214,100. Improvements to the property, however, were assessed at a total of $306,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GRACEWOOD
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 2

Ownership

  • Current Owner : DOWNS DONALD J
  • Current Owner 2: GRAGNON GENNA G
  • Previous Owner : EDWARDS WALTER R
  • Previous Owner 2: EDWARDS JANE F
  • Owner Before Previous Owner: GAROFALLOU JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190603

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP 8181
  • Account Number: 156637
  • District: 0900-2
  • Section: 260.00
  • Parcel: 0900-260.00-04.00-039.002
  • Block: 4
  • Lot: 39.002
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8688
  • Longitude: -72.5293

    Address

  • Full Address: 4 Gracewood Ct
  • Address - House Number: 4
  • Address - Street Name: Gracewood
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C006
  • 4-Digit Zip Code: 2406
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,305
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 827,854
  • High Value: 1,050,670
  • Low Value: 605,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: SUFFOLK COUNTY NATIONAL BANK O
  • First Open Lien Mortgage Recording Date: Dec 17, 2015
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 17, 2045

    Market Valuation

  • Market Total Value: $749,353
  • Market Land Value: $308,058
  • Market Improvement Value: $441,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,800
  • Assessed Land Value: $214,100
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Contract Date: Nov 20, 2015
  • Current Sale Recording Date: Dec 17, 2015
  • Current Sale Transaction ID: 1414564669
  • Current Sale Price: $460,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Aug 25, 2005
  • Previous Sale Contract Date: Aug 05, 2005
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUFFOLK COUNTY NATIONAL BANK O
  • First Mortgage Transaction Date: Dec 17, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Hampton Bays



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Frequently Asked Questions

What neighborhood is 4 Gracewood Court located in?
The 4 Gracewood Court is a located in the neighborhood of Southampton in Hampton Bays, Hampton Bays.
What is the average sales price for listings in 4 Gracewood Court?
The average sales price for units in 4 Gracewood Court is $0 currently.

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