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449 Blank Lane

449 Blank Lane, Water Mill, NY 11976
Property in Southampton
Sold Feb 07, 2017
$1,570,000
$3,877,816 by Citizens Bank
Mortgage Due Sep 01, 2051
Local assessors in Water Mill, NY have categorized 449 Blank Lane as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 52,272 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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, 3 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 449 Blank Lane has a total of 8,046 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 alum/vinyl siding 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. 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, 449 Blank Lane sold most recently in Jan 27, 2017 for a total of $1,570,000. If you work out the math, that's approximately a cost of $195.13 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 $6,690 in taxes each year. The initial year of tax delinquency occurred in 2015. 449 Blank Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,179,700. If we break it down further, the land itself was valued at $1,105,200. Improvements to the property, however, were assessed at a total of $2,074,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 8,046
  • Building Area: 8,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 8,046
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-PASCUAL S-SQUIRES E-SQUIRES W-BLANK LN

Ownership

  • Current Owner : LACEY ANNE M
  • Current Owner 2: FRENCH ADAM M
  • Previous Owner : BERKOSKI RODNEY J
  • Previous Owner 2: BERKOSKI LINDA H

Neighborhood

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

Zoning

  • Zoning: CR80

Geography

  • District: 0900-0
  • Section: 65.00
  • Parcel: 0900-065.00-02.00-009.003
  • Block: 2
  • Lot: 9.003
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9394
  • Longitude: -72.3574

    Address

  • Full Address: 449 Blank Ln
  • Address - House Number: 449
  • Address - Street Name: Blank
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R002
  • 4-Digit Zip Code: 2137
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,690
  • Intital Tax Deliquent Year: 2015
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 2,039,898
  • High Value: 2,548,505
  • Low Value: 1,531,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,877,816
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Loan Amount: $3,877,816
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $4,575,108
  • Market Land Value: $1,590,216
  • Market Improvement Value: $2,984,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,179,700
  • Assessed Land Value: $1,105,200
  • Assessed Improvements Value: $2,074,500

    Sales

  • Current Sale Contract Date: Jan 27, 2017
  • Current Sale Recording Date: Feb 07, 2017
  • Current Sale Transaction ID: 1807584209
  • Current Sale Price: $1,570,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 07, 2017
  • First Mortgage Loan Amount: $1,256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

About Water Mill



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Frequently Asked Questions

What neighborhood is 449 Blank Lane located in?
The 449 Blank Lane is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 449 Blank Lane?
The average sales price for units in 449 Blank Lane is $0 currently.

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