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50 Osprey Way

50 Osprey Way, Water Mill, NY 11976
Property in Southampton
Sold Jul 12, 2023
$5,693,000
$3,600,000 by Morgan Stanley Credit Corp
Mortgage Due Jul 12, 2053
Sold Sep 30, 2011
$1,905,000
$1,524,000 by Citibank Na
Mortgage Due Oct 01, 2041
50 Osprey Way in Water Mill, NY was first built in 2011 and is 13 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 50 Osprey Way has 2,912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 41,382 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 18, 2023 for $5,693,000. That's $1,955.01 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2011 for $1,905,000. 50 Osprey Way was last assessed in 2023. The total value of the property was assessed at $3,194,900. Specifically, the land the property is located on was valued at $2,271,300. While improvements on the property were assessed at a total of $923,600. 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 $12,713. 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. 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

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 2,912
  • Building Area: 2,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,912
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GREEN FIELDS BRIDGEH
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 4

Ownership

  • Current Owner : 50 OSPREY WAY LLC
  • Previous Owner : MADDEN JENNIFER
  • Previous Owner 2: MADDEN JOHN
  • Owner Before Previous Owner: GLORIA CORINALDESI BY PASS TRUST
  • Owner Before Previous Owner 2: GLORIA CORINALDESI MARTIAL TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: MAP 7254
  • District: 0900-0
  • Section: 84.00
  • Parcel: 0900-084.00-01.00-035.011
  • Block: 1
  • Lot: 35.011
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9257
  • Longitude: -72.3286

    Address

  • Full Address: 50 Osprey Way
  • Address - House Number: 50
  • Address - Street Name: Osprey
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R001
  • 4-Digit Zip Code: 3221
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,713
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 2,502,439
  • High Value: 3,176,128
  • Low Value: 1,828,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,600,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 12, 2053

    Market Valuation

  • Market Total Value: $4,596,979
  • Market Land Value: $3,268,058
  • Market Improvement Value: $1,328,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,194,900
  • Assessed Land Value: $2,271,300
  • Assessed Improvements Value: $923,600

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11921173406
  • Current Sale Price: $5,693,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 30, 2011
  • Previous Sale Contract Date: Sep 19, 2011
  • Previous Sale Amount: $1,905,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • First Mortgage Transaction Date: Jul 12, 2023
  • First Mortgage Loan Amount: $3,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Sep 30, 2011
  • Previous Mortgage Loan Amount: $1,524,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Water Mill



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 50 Osprey Way located in?
The 50 Osprey Way is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 50 Osprey Way?
The average sales price for units in 50 Osprey Way is $0 currently.

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