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70 Bellows Terrace Road

70 Bellows Terrace Road, Hampton Bays, NY 11946
Property in Southampton
Sold Jan 27, 2014
$440,000
$340,000 by Wells Fargo Bank N A
Mortgage Due Jan 01, 2044
Sold Feb 01, 2012
$220,000
70 Bellows Terrace Road in Hampton Bays, NY was first built in 2008 and is 16 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 70 Bellows Terrace Road has 1,110 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 29,621 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 70 Bellows Terrace Road sold most recently in Jan 15, 2014 for a total of $440,000. If you work out the math, that's approximately a cost of $396.40 per sqft. Before that, the property was also sold for $220,000 in Jan 11, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 70 Bellows Terrace Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $443,900. If we break it down further, the land itself was valued at $238,400. Improvements to the property, however, were assessed at a total of $205,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BELLOWS TERRACE
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 1

Ownership

  • Current Owner : FARRELL LAWRENCE J
  • Current Owner 2: FARRELL DONNA M
  • Previous Owner : LEPENNA JAMES
  • Owner Before Previous Owner: CRAWFORD JOAN
  • Owner Before Previous Owner 2: ESTATE OF CORNELIUS J JACOBS
  • 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 5110
  • District: 0900-2
  • Section: 253.00
  • Parcel: 0900-253.00-02.00-006.000
  • Block: 2
  • Lot: 6.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8625
  • Longitude: -72.5564

    Address

  • Full Address: 70 Bellows Ter
  • Address - House Number: 70
  • Address - Street Name: Bellows
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C001
  • 4-Digit Zip Code: 3523
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 809,163
  • High Value: 1,023,163
  • Low Value: 595,164

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $689,310
  • First Open Lien Mortgage Lender: WELLS FARGO BANK N A
  • First Open Lien Mortgage Recording Date: Jan 27, 2014
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Jan 01, 2044
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK N A
  • Second Open Lien Mortgage Recording Date: Jan 27, 2014
  • Second Open Lien Mortgage Loan Amount: $340,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2044
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Dec 01, 2021
  • Third Open Lien Mortgage Loan Amount: $9,310
  • Third Open Lien Mortgage Term: 168
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $638,705
  • Market Land Value: $343,022
  • Market Improvement Value: $295,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,900
  • Assessed Land Value: $238,400
  • Assessed Improvements Value: $205,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 15, 2014
  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Transaction ID: 1114617997
  • Current Sale Price: $440,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Feb 01, 2012
  • Previous Sale Contract Date: Jan 11, 2012
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Administrator's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK N A
  • First Mortgage Transaction Date: Jan 27, 2014
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2044

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Frequently Asked Questions

What neighborhood is 70 Bellows Terrace Road located in?
The 70 Bellows Terrace Road is a located in the neighborhood of Southampton in Hampton Bays, Hampton Bays.
What is the average sales price for listings in 70 Bellows Terrace Road?
The average sales price for units in 70 Bellows Terrace Road is $0 currently.

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