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40 Washington Avenue

40 Washington Avenue, East Hampton, NY 11937
Property in East Hampton
Sold Oct 31, 2014
$485,000
Seller
$335,000 by Luxury Mortgage Corp
Mortgage Due Nov 01, 2044
This has been categorized as a residential property type. In total, the area measurement of the land is 16,553 square feet.

Learn more about the property and building on this page. 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, 40 Washington Avenue was last sold in Oct 15, 2014 for $485,000. Current property owners are expected to pay $0 in taxes per year. The property on 40 Washington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,200. To break that down further, the land itself was valued at $400. While improvements to the property were assessed at a total of $2,800. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

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

    Dimensions

  • Lot Size Square Feet: 16,553
  • 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: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRAZIER JAMES W
  • Previous Owner : ZAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springs Union Free School District
  • School Tax School District: SPRINGS
  • Census Tract: 201010

Geography

  • District: 0300-0
  • Section: 58.00
  • Parcel: 0300-058.00-06.00-003.001
  • Block: 6
  • Lot: 3.001
  • Municipality: EAST HAMPTON
  • Latitude: 41.0283
  • Longitude: -72.1619

    Address

  • Full Address: 40 Washington Ave
  • Address - House Number: 40
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Hampton
  • Carrier Code: C005
  • 4-Digit Zip Code: 4226
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472404

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 1,062,459
  • High Value: 1,321,593
  • Low Value: 803,325

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: LUXURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 31, 2014
  • First Open Lien Mortgage Loan Amount: $335,000
  • 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: Nov 01, 2044
  • Second Open Lien Mortgage Lender: SUFFOLK FCU
  • Second Open Lien Mortgage Recording Date: Oct 25, 2019
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 108
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2028

    Market Valuation

  • Market Total Value: $8,649
  • Market Land Value: $1,081
  • Market Improvement Value: $7,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,200
  • Assessed Land Value: $400
  • Assessed Improvements Value: $2,800

    Sales

  • Current Sale Contract Date: Oct 15, 2014
  • Current Sale Recording Date: Oct 31, 2014
  • Current Sale Transaction ID: 1067199261
  • Current Sale Price: $485,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUXURY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 31, 2014
  • First Mortgage Loan Amount: $335,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

About Springs



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Frequently Asked Questions

What neighborhood is 40 Washington Avenue located in?
The 40 Washington Avenue is a located in the neighborhood of East Hampton in Springs, East Hampton.
What is the average sales price for listings in 40 Washington Avenue?
The average sales price for units in 40 Washington Avenue is $0 currently.

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