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7 Ocean Avenue

7 Ocean Avenue, Hampton Bays, NY 11946
Property in Southampton
Sold Nov 14, 2014
$415,000
$315,000 by Mb Financial Bank Na
Mortgage Due Nov 01, 2044
7 Ocean Avenue in Hampton Bays, NY was first built in 1996 and is 28 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 ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7 Ocean Avenue has 1,636 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 10,019 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal 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. For those who need parking, there is a garage underground or in the basement. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. The property was last sold in Oct 29, 2014 for $415,000. That's $253.67 per sqft. 7 Ocean Avenue was last assessed in 2023. The total value of the property was assessed at $474,300. Specifically, the land the property is located on was valued at $178,000. While improvements on the property were assessed at a total of $296,300. 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 $6,815. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,636
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GOOD GROUND DEV
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK I LOT 13-17

Ownership

  • Current Owner : SCHUMACHER RICHARD
  • Current Owner 2: SCHUMACHER KRISTINA
  • Previous Owner : BRAGOLI ANDREW F
  • Previous Owner 2: BRAGOLI MARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190603

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP 247
  • Account Number: 132230
  • District: 0900-2
  • Section: 260.00
  • Parcel: 0900-260.00-03.00-014.000
  • Block: 3
  • Lot: 14.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.87
  • Longitude: -72.5301

    Address

  • Full Address: 7 Ocean Ave
  • Address - House Number: 7
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C008
  • 4-Digit Zip Code: 2322
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,815
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 820,361
  • High Value: 1,037,322
  • Low Value: 603,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Nov 14, 2014
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Nov 01, 2044

    Market Valuation

  • Market Total Value: $682,446
  • Market Land Value: $256,115
  • Market Improvement Value: $426,331

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,300
  • Assessed Land Value: $178,000
  • Assessed Improvements Value: $296,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2014
  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Transaction ID: 1195997412
  • Current Sale Price: $415,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MB FINANCIAL BANK NA
  • First Mortgage Transaction Date: Nov 14, 2014
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

About Hampton Bays



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Frequently Asked Questions

What neighborhood is 7 Ocean Avenue located in?
The 7 Ocean Avenue is a located in the neighborhood of Southampton in Hampton Bays, Hampton Bays.
What is the average sales price for listings in 7 Ocean Avenue?
The average sales price for units in 7 Ocean Avenue is $0 currently.

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