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7 Aelfies Way

7 Aelfies Way, Bridgehampton, NY 11932
Property in Southampton
Sold Apr 25, 2014
$1,850,000
$550,000 by Sterling National Bank
Mortgage Due May 01, 2044
Sold Jun 07, 2007
$1,620,000
7 Aelfies Way has been categorized by the local assessors in Bridgehampton, NY as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Aelfies Way has 2,220 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 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal 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. 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, 7 Aelfies Way was last sold in Apr 4, 2014 for $1,850,000. According to our calculations, that's $833.33 per sqft. Prior to that sales transaction, the property was sold for $1,620,000 in May 21, 2007. Current property owners are expected to pay $0 in taxes per year. The property on 7 Aelfies Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,692,800. To break that down further, the land itself was valued at $1,122,100. While improvements to the property were assessed at a total of $570,700. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,220
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARSONS SETTLEMENT
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 4

Ownership

  • Current Owner : MOLLUSO JOSEPH A
  • Current Owner 2: MOLLUSO MAY
  • Previous Owner : FRIEDMANN KEVIN
  • Owner Before Previous Owner: LUCADO CORNEILLE

Neighborhood

  • School District Name: Bridgehampton Union Free School District
  • School Tax School District: BRIDGEHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: CR40

Geography

  • Assessors Map Reference: MAP 9640
  • District: 0900-0
  • Section: 71.00
  • Parcel: 0900-071.00-03.00-034.009
  • Block: 3
  • Lot: 34.009
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9406
  • Longitude: -72.2953

    Address

  • Full Address: 7 Aelfies Way
  • Address - House Number: 7
  • Address - Street Name: Aelfies
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Bridgehampton
  • Zip Code: 11932

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473609

    Appraisal Valuation

  • Standard Deviation: 0.2695
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 2,364,088
  • High Value: 3,001,310
  • Low Value: 1,726,867

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $557,521
  • First Open Lien Mortgage Lender: STERLING NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 25, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2044
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE
  • Second Open Lien Mortgage Recording Date: Jun 02, 2022
  • Second Open Lien Mortgage Loan Amount: $7,521
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $2,435,683
  • Market Land Value: $1,614,532
  • Market Improvement Value: $821,151

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,692,800
  • Assessed Land Value: $1,122,100
  • Assessed Improvements Value: $570,700

    Sales

  • Current Sale Contract Date: Apr 04, 2014
  • Current Sale Recording Date: Apr 25, 2014
  • Current Sale Transaction ID: 11475129428
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jun 07, 2007
  • Previous Sale Contract Date: May 21, 2007
  • Previous Sale Amount: $1,620,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING NATIONAL BANK
  • First Mortgage Transaction Date: Apr 25, 2014
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bridgehampton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7 Aelfies Way located in?
The 7 Aelfies Way is a located in the neighborhood of Southampton in Bridgehampton, Bridgehampton.
What is the average sales price for listings in 7 Aelfies Way?
The average sales price for units in 7 Aelfies Way is $0 currently.

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