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50 Cedar Ridge Drive

50 Cedar Ridge Drive, East Hampton, NY 11937
Property in East Hampton
Sold May 25, 2022
$2,210,000
$1,768,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold Apr 26, 2016
$1,031,000
$824,800 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2046
Local assessors in East Hampton, NY have categorized 50 Cedar Ridge Drive as a residential type of property. The property's lot size has been calculated to be 20,038 square feet.

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 property was last sold in Apr 13, 2022 for $2,210,000. Prior to that sales transaction, the property was also sold in Apr 14, 2016 for $1,031,000. 50 Cedar Ridge Drive was last assessed in 2023. The total value of the property was assessed at $6,300. Specifically, the land the property is located on was valued at $500. While improvements on the property were assessed at a total of $5,800. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

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

    Dimensions

  • Lot Size Square Feet: 20,038
  • 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: 0.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABRAHAM THOMAS
  • Current Owner 2: ABRAHAM ASHA
  • Previous Owner : LAM CHARLES
  • Previous Owner 2: LAU DOROTHY
  • Owner Before Previous Owner: 50 CEDER RIDGE DR LLC

Neighborhood

  • School District Name: Springs Union Free School District
  • School Tax School District: SPRINGS
  • Census Tract: 201009

Geography

  • District: 0300-0
  • Section: 94.00
  • Parcel: 0300-094.00-03.00-013.000
  • Block: 3
  • Lot: 13.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0108
  • Longitude: -72.1743

    Address

  • Full Address: 50 Cedar Ridge Dr
  • Address - House Number: 50
  • Address - Street Name: Cedar Ridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: East Hampton
  • Carrier Code: C010
  • 4-Digit Zip Code: 1758
  • Zip Code: 11937

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,882,172
  • High Value: 2,356,019
  • Low Value: 1,408,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,768,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Loan Amount: $1,768,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $17,027
  • Market Land Value: $1,351
  • Market Improvement Value: $15,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,300
  • Assessed Land Value: $500
  • Assessed Improvements Value: $5,800

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Transaction ID: 11894834082
  • Current Sale Price: $2,210,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 26, 2016
  • Previous Sale Contract Date: Apr 14, 2016
  • Previous Sale Amount: $1,031,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 25, 2022
  • First Mortgage Loan Amount: $1,768,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 26, 2016
  • Previous Mortgage Loan Amount: $824,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Springs



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Frequently Asked Questions

What neighborhood is 50 Cedar Ridge Drive located in?
The 50 Cedar Ridge Drive is a located in the neighborhood of East Hampton in Springs, East Hampton.
What is the average sales price for listings in 50 Cedar Ridge Drive?
The average sales price for units in 50 Cedar Ridge Drive is $0 currently.

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