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497 Ripplewater Lane

497 Ripplewater Lane, Southold, NY 11971
House in Southold
Sold May 30, 2014
$775,000
$1,040,000 by Valley National Bank
Mortgage Due May 01, 2051
Sold Sep 24, 2013
$175,000
This has been categorized as a residential property type. In total, the area measurement of the land is 35,284 square feet.

Learn more about the property and building on this page. The property was last sold in May 19, 2014 for $775,000. Prior to that sales transaction, the property was also sold in Aug 29, 2013 for $175,000. 497 Ripplewater Lane was last assessed in 2023. The total value of the property was assessed at $9,000. Specifically, the land the property is located on was valued at $1,800. While improvements on the property were assessed at a total of $7,200. 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 $12,473. 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! 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

Waterfront

Waterfront
Access to Dock

Parking

Private Parking
Attached Garage
Attached Garage: 2 Spaces

Swimming Pool

Inground Pool
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: 35,284
  • 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
  • Subdivision: GOOSE NECK
  • Land Acres: 0.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOOK 12255 PAGE 178 BILL 008827

Ownership

  • Current Owner : MUSCO ROBERT J
  • Previous Owner : RERISI GAIL
  • Owner Before Previous Owner: MATASSA VINCENT
  • Owner Before Previous Owner 2: RERISI GAIL

Neighborhood

  • School District Name: Southold Union Free School District
  • School Tax School District: SOUTHOLD
  • Census Tract: 170204

Zoning

  • Zoning: R-40

Geography

  • Account Number: 10
  • District: 1000-0
  • Section: 76.00
  • Parcel: 1000-076.00-01.00-015.003
  • Block: 1
  • Lot: 15.003
  • Municipality: SOUTHOLD
  • Latitude: 41.0455
  • Longitude: -72.4313

    Address

  • Full Address: 497 Ripplewater Ln
  • Address - House Number: 497
  • Address - Street Name: Ripplewater
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Southold
  • Carrier Code: R005
  • 4-Digit Zip Code: 4872
  • Zip Code: 11971

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,473
  • Tax Rate Code Area: 473805

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 1,508,071
  • High Value: 1,877,507
  • Low Value: 1,138,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,040,000
  • First Open Lien Mortgage Term: 360
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $15,790
  • Market Land Value: $3,158
  • Market Improvement Value: $12,632

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $1,800
  • Assessed Improvements Value: $7,200

    Sales

  • Current Sale Contract Date: May 19, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 11474592014
  • Current Sale Price: $775,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Sep 24, 2013
  • Previous Sale Contract Date: Aug 29, 2013
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK
  • First Mortgage Transaction Date: May 30, 2014
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Southold



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Frequently Asked Questions

What neighborhood is 497 Ripplewater Lane located in?
The 497 Ripplewater Lane is a house located in the neighborhood of Southold in Southold, Southold.
What is the average sales price for listings in 497 Ripplewater Lane?
The average sales price for units in 497 Ripplewater Lane is $0 currently.

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