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71 Laurel Valley Drive

71 Laurel Valley Drive, Sag Harbor, NY 11963
Property in Southampton
Sold Feb 28, 2017
$1,557,500
$1,090,250 by Bank Of America Na
Mortgage Due Feb 01, 2047
Sold Feb 21, 2003
$1,100,000
$550,000 by Us Mortgage Corp
Mortgage Due Mar 01, 2033
71 Laurel Valley Drive has been categorized by the local assessors in Sag Harbor, NY as a residential type of property. The building on the property was first built in 2009 and is 15 years old. The home has a total of 4 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 71 Laurel Valley Drive has 3,848 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 104,544 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of A 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 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. 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, 71 Laurel Valley Drive sold most recently in Jan 23, 2017 for a total of $1,557,500. If you work out the math, that's approximately a cost of $404.76 per sqft. Before that, the property was also sold for $1,100,000 in Feb 11, 2003. 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. 71 Laurel Valley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,091,700. If we break it down further, the land itself was valued at $957,200. Improvements to the property, however, were assessed at a total of $1,134,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 3,848
  • Building Area: 3,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,848
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-SOUTHAMPTON TOWN S-UNKNOWN (DESCHAMPS) E-N/F BERNARD W-UNKNOWN (DESCHAMPS)

Ownership

  • Current Owner : EPSTEIN DAVID
  • Previous Owner : BRENNAN ROBERT
  • Owner Before Previous Owner: EASTERN DEVELOPERS INC

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190713

Zoning

  • Zoning: CR200

Geography

  • District: 0900-0
  • Section: 29.00
  • Parcel: 0900-029.00-04.00-008.000
  • Block: 4
  • Lot: 8.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9658
  • Longitude: -72.3739

    Address

  • Full Address: 71 Laurel Valley Dr
  • Address - House Number: 71
  • Address - Street Name: Laurel Valley
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Sag Harbor
  • Carrier Code: R001
  • 4-Digit Zip Code: 2007
  • Zip Code: 11963

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,998,900
  • High Value: 2,477,299
  • Low Value: 1,520,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,090,250
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 28, 2017
  • First Open Lien Mortgage Loan Amount: $1,090,250
  • 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: Feb 01, 2047

    Market Valuation

  • Market Total Value: $3,009,640
  • Market Land Value: $1,377,266
  • Market Improvement Value: $1,632,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,091,700
  • Assessed Land Value: $957,200
  • Assessed Improvements Value: $1,134,500

    Sales

  • Current Sale Contract Date: Jan 23, 2017
  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Transaction ID: 1589036848
  • Current Sale Price: $1,557,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Feb 21, 2003
  • Previous Sale Contract Date: Feb 11, 2003
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 28, 2017
  • First Mortgage Loan Amount: $1,090,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: US MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 21, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2033

About North Sea



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Frequently Asked Questions

What neighborhood is 71 Laurel Valley Drive located in?
The 71 Laurel Valley Drive is a located in the neighborhood of Southampton in North Sea, Sag Harbor.
What is the average sales price for listings in 71 Laurel Valley Drive?
The average sales price for units in 71 Laurel Valley Drive is $0 currently.

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