See Home Value
Montauk 11954
51 East Lake Drive
$3,794,663*
House - Off Market

51 East Lake Drive

Montauk, NY 11954
bedrooms
3 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2800 Sqft
$2,248,000 - $2,746,000
Reference Base Price*
51.97%
Since Feb 1, 2019
National-US
Primary Model
Sold Mar 04, 2015
$2,060,000
$1,590,000 by Morgan Stanley Credit Corp
Mortgage Due Oct 01, 2050

About This Property

Claim your piece of Montauk waterfront and enjoy sweeping water views  in this cool 2,800+/- sq. ft. retro modern home on the eastern shore of Lake Montauk. Filled with light from lots of large windows, the home offers three en-suite bedrooms including the first floor master, a great room, kitchen, two fireplaces and an additional full bath. Outdoors there's an expansive deck, along with an in-ground Jacuzzi and a cabana with a shower and powder room. With 100' of water frontage, you can moor your boat, go clamming or relax on the beach and enjoy spectacular sunsets.

The manager has listed the unit size as 2800 square feet.
Unit Size
2,800Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$892
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 16, 2019 No longer available -
No longer available
Mar 1, 2018 Listed $2,497,000
Listed
Mar 4, 2015 Sold $2,060,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 37,462
  • 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: 0.86
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 133 MULFORD LLC
  • Previous Owner : RESNICK STEVEN E
  • Previous Owner 2: RHODA B RESNICK FAMILY TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montauk Union Free School District
  • School Tax School District: MONTAUK
  • Census Tract: 201008

Geography

  • District: 0300-0
  • Section: 20.00
  • Parcel: 0300-020.00-02.00-016.000
  • Block: 2
  • Lot: 16.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0537
  • Longitude: -71.9072

    Address

  • Full Address: 51 E Lake Dr
  • Address - House Number: 51
  • Street Direction: E
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montauk
  • Carrier Code: R002
  • 4-Digit Zip Code: 5218
  • Zip Code: 11954

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 2,458,643
  • High Value: 3,047,073
  • Low Value: 1,870,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,590,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $1,590,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $30,108
  • Market Land Value: $5,811
  • Market Improvement Value: $24,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,140
  • Assessed Land Value: $2,150
  • Assessed Improvements Value: $8,990

    Sales

  • Current Sale Contract Date: Jan 14, 2015
  • Current Sale Recording Date: Mar 04, 2015
  • Current Sale Transaction ID: 1138453737
  • Current Sale Price: $2,060,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: RHODA B RESNICK FAMILY TRUST
  • First Mortgage Transaction Date: Mar 04, 2015
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Unknown



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Montauk


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Frequently Asked Questions

When was property at 51 East Lake Drive built and last sold?
The property at 51 East Lake Drive was built in and last sold on Jan 14, 2015 for $2,060,000.
How much is this home worth?
The estimated value of the home located at 51 East Lake Drive is $2,601,992.
What are some comparable homes to 51 East Lake Drive?
There are currently no comparable homes to 51 East Lake Drive.

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