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53 Fairfield Pond Lane

53 Fairfield Pond Lane, Sagaponack, NY 11962
Townhouse in Southampton
Sold Oct 30, 2020
$9,000,000
$5,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2051
Sold Oct 04, 2011
$1,000,000
Local assessors in Sagaponack, NY have categorized 53 Fairfield Pond Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 40,946 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 53 Fairfield Pond Lane has a total of 4,439 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 home sources its water from none system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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, 53 Fairfield Pond Lane sold most recently in Sep 15, 2020 for a total of $9,000,000. If you work out the math, that's approximately a cost of $2,027.48 per sqft. Before that, the property was also sold for $1,000,000 in Sep 23, 2011. 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 $14,386 in taxes each year. 53 Fairfield Pond Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,424,500. If we break it down further, the land itself was valued at $4,909,600. Improvements to the property, however, were assessed at a total of $2,514,900. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 6
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 4,439
  • Building Area: 4,439
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,439
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-SO FK LD FOUND S-DAYTON E-SO FK LD FOUND W-FAIRFLD PND LN

Ownership

  • Current Owner : 53 FP LLC
  • Previous Owner : BEACH BREEZE LLC
  • Owner Before Previous Owner: JACOBS BROTHERS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sagaponack Common School District
  • School Tax School District: SAGAPONACK
  • Census Tract: 190714

Zoning

  • Zoning: R120

Geography

  • District: 0908-0
  • Section: 6.00
  • Parcel: 0908-006.00-02.00-026.000
  • Block: 2
  • Lot: 26.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9254
  • Longitude: -72.2729

    Address

  • Full Address: 53 Fairfield Pond Ln
  • Address - House Number: 53
  • Address - Street Name: Fairfield Pond
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Sagaponack
  • Zip Code: 11962

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,386
  • Tax Rate Code Area: 473610

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 2,828,167
  • High Value: 3,435,631
  • Low Value: 2,220,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $10,682,734
  • Market Land Value: $7,064,173
  • Market Improvement Value: $3,618,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,424,500
  • Assessed Land Value: $4,909,600
  • Assessed Improvements Value: $2,514,900

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11802133042
  • Current Sale Price: $9,000,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 04, 2011
  • Previous Sale Contract Date: Sep 23, 2011
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Sagaponack




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 53 Fairfield Pond Lane located in?
The 53 Fairfield Pond Lane is a townhouse located in the neighborhood of Southampton in Sagaponack, Sagaponack.
What is the average sales price for listings in 53 Fairfield Pond Lane?
The average sales price for units in 53 Fairfield Pond Lane is $0 currently.

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