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5 Reuter Place

5 Reuter Place, Montauk, NY 11954
Property in East Hampton
Sold Oct 19, 2001
$335,000
$327,000 by Southern Star Mortgage Corp
Mortgage Due Oct 01, 2033
5 Reuter Place has been categorized by the local assessors in Montauk, NY as a residential type of property. The area measurement of the land has been determined as 7,405 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. 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, 5 Reuter Place sold most recently in Sep 21, 2001 for a total of $335,000. 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 $0 in taxes each year. 5 Reuter Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,300. If we break it down further, the land itself was valued at $400. Improvements to the property, however, were assessed at a total of $4,900. 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. 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. 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

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

    Dimensions

  • Lot Size Square Feet: 7,405
  • 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: 0.17
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FAHEY PATRICK
  • Previous Owner : CLANCY ALAN
  • Previous Owner 2: CLANCY CARMEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 0300-0
  • Section: 31.00
  • Parcel: 0300-031.00-03.00-031.000
  • Block: 3
  • Lot: 31.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0428
  • Longitude: -71.9156

    Address

  • Full Address: 5 Reuter Pl
  • Address - House Number: 5
  • Address - Street Name: Reuter
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Montauk
  • Carrier Code: R002
  • 4-Digit Zip Code: 5211
  • Zip Code: 11954

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2397
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,380,861
  • High Value: 1,711,912
  • Low Value: 1,049,809

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $355,317
  • First Open Lien Mortgage Lender: SOUTHERN STAR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 06, 2003
  • First Open Lien Mortgage Loan Amount: $327,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2033
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK N A
  • Second Open Lien Mortgage Recording Date: May 01, 2014
  • Second Open Lien Mortgage Loan Amount: $5,301
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2044
  • Third Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Third Open Lien Mortgage Recording Date: Jul 02, 2019
  • Third Open Lien Mortgage Loan Amount: $23,016
  • Third Open Lien Mortgage Term: 348
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $14,324
  • Market Land Value: $1,081
  • Market Improvement Value: $13,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,300
  • Assessed Land Value: $400
  • Assessed Improvements Value: $4,900

    Sales

  • Current Sale Contract Date: Sep 21, 2001
  • Current Sale Recording Date: Oct 19, 2001
  • Current Sale Transaction ID: 1138464251
  • Current Sale Price: $335,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDYMAC BANK FSB
  • First Mortgage Transaction Date: Oct 19, 2001
  • First Mortgage Loan Amount: $301,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2031

About Montauk



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Frequently Asked Questions

What neighborhood is 5 Reuter Place located in?
The 5 Reuter Place is a located in the neighborhood of East Hampton in Montauk, Montauk.
What is the average sales price for listings in 5 Reuter Place?
The average sales price for units in 5 Reuter Place is $0 currently.

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