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762 Edge of Woods Road

762 Edge of Woods Road, Water Mill, NY 11976
Property in Southampton
Sold Mar 28, 2017
$3,300,000
$1,980,000 by Morgan Stanley Private Bank Na
Mortgage Due Apr 01, 2047
Sold Mar 25, 2004
$2,360,000
762 Edge of Woods Road in Water Mill, NY was first built in 2015 and is 9 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 modern style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 9 partial bathrooms. 762 Edge of Woods Road has 5,674 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 68,825 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with oil. 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, 762 Edge of Woods Road sold most recently in Mar 1, 2017 for a total of $3,300,000. If you work out the math, that's approximately a cost of $581.60 per sqft. Before that, the property was also sold for $2,360,000 in Sep 22, 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. The initial year of tax delinquency occurred in 2014. 762 Edge of Woods Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,163,000. If we break it down further, the land itself was valued at $1,316,400. Improvements to the property, however, were assessed at a total of $2,846,600. 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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 6
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 68,825
  • Total Building Area: 5,674
  • Building Area: 5,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,674
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: DEERFIELD MEADOWS
  • Land Acres: 1.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 15

Ownership

  • Current Owner : KLEEGER JUDD
  • Current Owner 2: KLEEGER JOY
  • Previous Owner : GERSTEL RINGELSTEIN JENNIFER
  • Previous Owner 2: GERSTEL DAVID
  • Owner Before Previous Owner: KESSLER & KESSLER BUILDING INC
  • Ownership Rights Codes: Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: CR80

Geography

  • Assessors Map Reference: MAP 10368
  • District: 0900-0
  • Section: 65.00
  • Parcel: 0900-065.00-03.00-006.000
  • Block: 3
  • Lot: 6.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9353
  • Longitude: -72.3684

    Address

  • Full Address: 762 Edge Of Woods Rd
  • Address - House Number: 762
  • Address - Street Name: Edge Of Woods
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R002
  • 4-Digit Zip Code: 2429
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2014
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 3,447,628
  • High Value: 4,307,225
  • Low Value: 2,588,031

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,801,222
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 28, 2017
  • First Open Lien Mortgage Loan Amount: $1,980,000
  • 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: Apr 01, 2047
  • Second Open Lien Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • Second Open Lien Mortgage Recording Date: May 13, 2022
  • Second Open Lien Mortgage Loan Amount: $1,821,222
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $5,989,928
  • Market Land Value: $1,894,101
  • Market Improvement Value: $4,095,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,163,000
  • Assessed Land Value: $1,316,400
  • Assessed Improvements Value: $2,846,600

    Sales

  • Current Sale Contract Date: Mar 01, 2017
  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Transaction ID: 1589781130
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Mar 25, 2004
  • Previous Sale Contract Date: Sep 22, 2003
  • Previous Sale Amount: $2,360,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Mar 28, 2017
  • First Mortgage Loan Amount: $1,980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

About Water Mill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 762 Edge of Woods Road located in?
The 762 Edge of Woods Road is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 762 Edge of Woods Road?
The average sales price for units in 762 Edge of Woods Road is $0 currently.

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