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40 Peconic Bay Avenue

40 Peconic Bay Avenue, Southampton, NY 11968
Property in Southampton
Sold Mar 26, 2002
$360,000
$7,601 by Wells Frago Bank Na
Mortgage Due Oct 01, 2024
Local assessors in Southampton, NY have categorized 40 Peconic Bay Avenue as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 25,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40 Peconic Bay Avenue has a total of 1,426 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 26, 2002 for $360,000. That's $252.45 per sqft. 40 Peconic Bay Avenue was last assessed in 2023. The total value of the property was assessed at $748,000. Specifically, the land the property is located on was valued at $558,400. While improvements on the property were assessed at a total of $189,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,426
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: ROSES GROVE
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 35 EXC N 5'

Ownership

  • Current Owner : WOO JANET
  • Current Owner 2: WOO RONALD P
  • Previous Owner : LEWIS MADELINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190713

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: MAP 16
  • District: 0900-0
  • Section: 42.00
  • Parcel: 0900-042.00-02.00-010.000
  • Block: 2
  • Lot: 10.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9585
  • Longitude: -72.3958

    Address

  • Full Address: 40 Peconic Bay Ave
  • Address - House Number: 40
  • Address - Street Name: Peconic Bay
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Southampton
  • Carrier Code: R001
  • 4-Digit Zip Code: 1240
  • 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: 1,121,533
  • High Value: 1,431,103
  • Low Value: 811,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,601
  • First Open Lien Mortgage Lender: WELLS FRAGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 23, 2009
  • First Open Lien Mortgage Loan Amount: $7,601
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2024

    Market Valuation

  • Market Total Value: $1,076,259
  • Market Land Value: $803,453
  • Market Improvement Value: $272,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $748,000
  • Assessed Land Value: $558,400
  • Assessed Improvements Value: $189,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2002
  • Current Sale Recording Date: Mar 26, 2002
  • Current Sale Transaction ID: 1113664997
  • Current Sale Price: $360,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: Mar 26, 2002
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2032

About North Sea



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Frequently Asked Questions

What neighborhood is 40 Peconic Bay Avenue located in?
The 40 Peconic Bay Avenue is a located in the neighborhood of Southampton in North Sea, Southampton.
What is the average sales price for listings in 40 Peconic Bay Avenue?
The average sales price for units in 40 Peconic Bay Avenue is $0 currently.

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