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64 Mecox Bay Lane

64 Mecox Bay Lane, Water Mill, NY 11976
Property in Southampton
Sold Apr 30, 2009
$8,300,000
$2,300,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2039
Sold Apr 21, 2009
$8,300,000
$2,300,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2039
64 Mecox Bay Lane in Water Mill, NY was first built in 2009 and is 15 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 64 Mecox Bay Lane has 7,504 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 60,113 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 condition of the building has been evaluated as good. As for heating, the home is utilizing gas. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 64 Mecox Bay Lane was last sold in Apr 21, 2009 for $8,300,000. According to our calculations, that's $1,106.08 per sqft. Prior to that sales transaction, the property was sold for $8,300,000 in Apr 21, 2009. Current property owners are expected to pay $0 in taxes per year. The property on 64 Mecox Bay Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $7,727,700. To break that down further, the land itself was valued at $3,185,400. While improvements to the property were assessed at a total of $4,542,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Colonial
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 7,504
  • Building Area: 7,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: J DANIEL WEITZMAN
  • Land Acres: 1.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 2

Ownership

  • Current Owner : K2 PARTNERS LLC
  • Previous Owner : MARKOWITZ SUSAN ELLIOT
  • Owner Before Previous Owner: MARKOWITZ SUSAN ELLIOT
  • Ownership Rights Codes: Company/Corporation
  • 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: R80

Geography

  • Assessors Map Reference: MAP 6380
  • District: 0900-1
  • Section: 116.00
  • Parcel: 0900-116.00-02.00-001.002
  • Block: 2
  • Lot: 1.002
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9134
  • Longitude: -72.3227

    Address

  • Full Address: 64 Mecox Bay Ln
  • Address - House Number: 64
  • Address - Street Name: Mecox Bay
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R003
  • 4-Digit Zip Code: 3233
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 2,447,394
  • High Value: 3,013,881
  • Low Value: 1,880,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,300,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2009
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,300,000
  • 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: May 01, 2039

    Market Valuation

  • Market Total Value: $11,118,992
  • Market Land Value: $4,583,309
  • Market Improvement Value: $6,535,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,727,700
  • Assessed Land Value: $3,185,400
  • Assessed Improvements Value: $4,542,300

    Sales

  • Current Sale Contract Date: Apr 21, 2009
  • Current Sale Recording Date: Apr 30, 2009
  • Current Sale Transaction ID: 1195989974
  • Current Sale Price: $8,300,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 21, 2009
  • Previous Sale Contract Date: Apr 21, 2009
  • Previous Sale Amount: $8,300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 30, 2009
  • First Mortgage Loan Amount: $2,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: May 01, 2039

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 21, 2009
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2039

About Water Mill



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Frequently Asked Questions

What neighborhood is 64 Mecox Bay Lane located in?
The 64 Mecox Bay Lane is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 64 Mecox Bay Lane?
The average sales price for units in 64 Mecox Bay Lane is $0 currently.

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