See Home Value
Wainscott 11975
7 Town Line Road
$5,495,000
House - Off Market

7 Town Line Road

East Hampton, NY 11937
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$27,399
Estimated Monthly
$0
HOA / Fees
5.15%
Cap Rate

About This Property

South of the highway 1.9 lot is primed and ready to go, building plans available with health board approvals complete. Either build new or renovate the old, room for tennis and pool. A great opportunity awaitsJust shy of 2 aceres, this classic piece of history is located on the famous Town Line Road, facing west on a protected agricultural reserve and mere moments to ocean beaches. This three bed, two and one half bath home displays a timeless and classic design, offering approx 2500 sq. ft. of living space set amongst park-like grounds. Through the entryway you are greeted by a spacious great room adorned with rustic exposed beams and anchored by a wood burning fireplace. This room also features a dining area that opens up to an eat-in kitchen, designed with ample space ideal for cooking whilst entertaining all of your guests. Step outside onto the spacious rooms patio and into your own private oasis. Beautifully landscaped, the yard hosts a myriad of mature flowering plants, when coupled with the sprawling lawn creates a truly stunning backdrop to those endless summer evenings and western sunsets Looking to build new? Architectural Plans and Board of Health
Unit Size
-
Days on Market
-
Land Size
1.90 acres
Price per sqft
-
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
-
Last updated: 3 months ago (OneKey MLS #ONE3495987)

Price History

Date / Event Date Event Price
Feb 5, 2024 No longer available -
No longer available
Aug 4, 2023 Listed by Nest Seekers International LLC $5,495,000
Listed by Nest Seekers International LLC
May 31, 2022 Sold $4,100,000
Sold
May 17, 2022 No longer available -
No longer available
May 10, 2022 Relisted $4,195,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 82,764
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.9
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHOJI 7 TOWN LINE RD LLC
  • Previous Owner : PEASE THOMAS D
  • Previous Owner 2: PEASE LAUREN M
  • Owner Before Previous Owner: CRECCO MICHAEL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wainscott Common School District
  • School Tax School District: WAINSCOTT
  • Census Tract: 200903

Geography

  • District: 0300-1
  • Section: 196.00
  • Parcel: 0300-196.00-01.00-002.001
  • Block: 1
  • Lot: 2.001
  • Municipality: EAST HAMPTON
  • Latitude: 40.9442
  • Longitude: -72.2608

    Address

  • Full Address: 7 Town Line Rd
  • Address - House Number: 7
  • Address - Street Name: Town Line
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wainscott
  • Carrier Code: R777
  • 4-Digit Zip Code: 2048
  • Zip Code: 11975

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 472402

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 3,076,343
  • High Value: 3,850,829
  • Low Value: 2,301,856

    Market Valuation

  • Market Total Value: $23,514
  • Market Land Value: $1,757
  • Market Improvement Value: $21,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,700
  • Assessed Land Value: $650
  • Assessed Improvements Value: $8,050

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11895221799
  • Current Sale Price: $4,100,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 05, 2020
  • Previous Sale Contract Date: Dec 09, 2019
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 05, 2020
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Apr 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
-
$5,515,000 Jun 4, 2019
$5,515,000 Oct 4, 2019
$1,074/mo

About Wainscott


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Nearby Rentals

Unit for rent at 14 Elishas Path, Wainscott, NY, 11975

$20,000 /mo

  • 4 Beds
  • 3 Baths
14 Elishas Path, Wainscott, NY, 11975 Listing by RH Advisors OneKey


Frequently Asked Questions

When was property at 7 Town Line Road built and last sold?
The property at 7 Town Line Road was built in and last sold on Apr 21, 2022 for $4,100,000.
How much is this home worth?
The estimated value of the home located at 7 Town Line Road is $5,549,950.
What are some comparable homes to 7 Town Line Road?
Homes that are comparable to 7 Town Line Road include a house property at 16 Old Barn Lane, located in Sagaponack, NY.

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