Check Availability

40 Monroe Drive

40 Monroe Drive, Montauk, NY 11954
Property in East Hampton
Sold Jul 01, 2013
$1,700,000
$1,360,000 by Everbank
Mortgage Due Jul 01, 2043
Sold Mar 06, 2007
$810,000
40 Monroe Drive has been categorized by the local assessors in Montauk, NY as a residential type of property. The linear feet between the front and back of the lot is 1,210 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 4,792 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. The property was last sold in Jun 6, 2013 for $1,700,000. Prior to that sales transaction, the property was also sold in Feb 22, 2007 for $810,000. 40 Monroe Drive was last assessed in 2023. The total value of the property was assessed at $11,100. Specifically, the land the property is located on was valued at $800. While improvements on the property were assessed at a total of $10,300. 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. The initial tax year of delinquency was in 2020. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 480
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JENNINGS THOMAS J
  • Current Owner 2: JENNINGS GINA M
  • Previous Owner : COREY CREEK PRODUCTIONS LLC
  • Owner Before Previous Owner: BLUME ROBERT

Neighborhood

  • School District Name: Montauk Union Free School District
  • School Tax School District: MONTAUK
  • Census Tract: 201007

Geography

  • District: 0300-0
  • Section: 68.00
  • Parcel: 0300-068.00-10.00-004.000
  • Block: 10
  • Lot: 4.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0257
  • Longitude: -71.9711

    Address

  • Full Address: 40 Monroe Dr
  • Address - House Number: 40
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montauk
  • Carrier Code: R001
  • 4-Digit Zip Code: 5146
  • Zip Code: 11954

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 472406

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 2,476,237
  • High Value: 3,068,878
  • Low Value: 1,883,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: EVERBANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $30,000
  • Market Land Value: $2,162
  • Market Improvement Value: $27,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,100
  • Assessed Land Value: $800
  • Assessed Improvements Value: $10,300

    Sales

  • Current Sale Contract Date: Jun 06, 2013
  • Current Sale Recording Date: Jul 01, 2013
  • Current Sale Transaction ID: 1138490378
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Mar 06, 2007
  • Previous Sale Contract Date: Feb 22, 2007
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK
  • First Mortgage Transaction Date: Jul 01, 2013
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Montauk



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 40 Monroe Drive located in?
The 40 Monroe Drive is a other located in the neighborhood of East Hampton in Montauk, Montauk.
What is the average sales price for listings in 40 Monroe Drive?
The average sales price for units in 40 Monroe Drive is $0 currently.

Quantcast