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68 Far Pond Road

68 Far Pond Road, Southampton, NY 11968
Property in Southampton
Sold Apr 20, 2010
$2,350,000
$864,678 by Bank Of America Na
Mortgage Due Dec 19, 2029
Sold Feb 18, 2004
$1,700,000
$1,000,000 by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2034
68 Far Pond Road has been categorized by the local assessors in Southampton, NY as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 68 Far Pond Road has 4,056 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,424 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Apr 8, 2010 for $2,350,000. That's $579.39 per sqft. Prior to that sales transaction, the property was also sold in Jan 7, 2004 for $1,700,000. 68 Far Pond Road was last assessed in 2023. The total value of the property was assessed at $2,446,500. Specifically, the land the property is located on was valued at $1,349,700. While improvements on the property were assessed at a total of $1,096,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 4,056
  • Building Area: 4,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SHINNECOCK HILLS
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 127 LOT EP6

Ownership

  • Current Owner : WALKER GERALD
  • Current Owner 2: WALKER LAURA
  • Previous Owner : SCHWALB RONALD
  • Owner Before Previous Owner: KRAFT W PHILIP
  • Owner Before Previous Owner 2: W PHILIP KRAFT JR TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tuckahoe Common School District
  • School Tax School District: TUCKAHOE COMMON
  • Census Tract: 190709

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MAP 213
  • District: 0900-2
  • Section: 272.00
  • Parcel: 0900-272.00-01.00-021.004
  • Block: 1
  • Lot: 21.004
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8781
  • Longitude: -72.4516

    Address

  • Full Address: 68 Far Pond Rd
  • Address - House Number: 68
  • Address - Street Name: Far Pond
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Southampton
  • Carrier Code: C014
  • 4-Digit Zip Code: 4361
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473613

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 2,805,455
  • High Value: 3,498,568
  • Low Value: 2,112,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $864,678
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 13, 2015
  • First Open Lien Mortgage Loan Amount: $864,678
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 19, 2029

    Market Valuation

  • Market Total Value: $3,520,144
  • Market Land Value: $1,942,014
  • Market Improvement Value: $1,578,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,446,500
  • Assessed Land Value: $1,349,700
  • Assessed Improvements Value: $1,096,800

    Sales

  • Current Sale Contract Date: Apr 08, 2010
  • Current Sale Recording Date: Apr 20, 2010
  • Current Sale Transaction ID: 1108260042
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Feb 18, 2004
  • Previous Sale Contract Date: Jan 07, 2004
  • Previous Sale Amount: $1,700,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ING BANK FSB
  • First Mortgage Transaction Date: Apr 20, 2010
  • First Mortgage Loan Amount: $1,290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2040

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Feb 18, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2034

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 68 Far Pond Road located in?
The 68 Far Pond Road is a located in the neighborhood of Southampton in Shinnecock Hills, Southampton.
What is the average sales price for listings in 68 Far Pond Road?
The average sales price for units in 68 Far Pond Road is $0 currently.

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