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78 Wheaton Way

78 Wheaton Way, Water Mill, NY 11976
Property in Southampton
Sold May 05, 2012
$4,100,000
$2,665,000 by First Republic Bank
Mortgage Due May 01, 2042
Sold May 12, 2000
$127,500
$750,000 by M & T Mtg Corp
Mortgage Due May 01, 2030
78 Wheaton Way has been categorized by the local assessors in Water Mill, NY as a residential type of property. The building on the property was first built in 2011 and is 13 years old. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 78 Wheaton Way has 3,706 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 44,867 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a 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. The property was last sold in Apr 25, 2012 for $4,100,000. That's $1,106.31 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2000 for $127,500. 78 Wheaton Way was last assessed in 2023. The total value of the property was assessed at $4,804,800. Specifically, the land the property is located on was valued at $3,392,300. While improvements on the property were assessed at a total of $1,412,500. 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 $0. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 3,706
  • Building Area: 3,706
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,706
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: WHEATON ESTATES
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 12

Ownership

  • Current Owner : JACKSON WILLIAM L
  • Current Owner 2: JACKSON SARA H
  • Previous Owner : BENITEZ JOHN A
  • Previous Owner 2: BENITEZ CAROLYN
  • Owner Before Previous Owner: PALMERI JOSEPH
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: R80

Geography

  • Assessors Map Reference: MAP 7038
  • District: 0900-1
  • Section: 116.00
  • Parcel: 0900-116.00-01.00-012.016
  • Block: 1
  • Lot: 12.016
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9096
  • Longitude: -72.325

    Address

  • Full Address: 78 Wheaton Way
  • Address - House Number: 78
  • Address - Street Name: Wheaton
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R003
  • 4-Digit Zip Code: 3100
  • Zip Code: 11976

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: 4,615,173
  • High Value: 5,719,728
  • Low Value: 3,510,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,665,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 05, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,665,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2042

    Market Valuation

  • Market Total Value: $6,913,381
  • Market Land Value: $4,881,007
  • Market Improvement Value: $2,032,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,804,800
  • Assessed Land Value: $3,392,300
  • Assessed Improvements Value: $1,412,500

    Sales

  • Current Sale Contract Date: Apr 25, 2012
  • Current Sale Recording Date: May 05, 2012
  • Current Sale Transaction ID: 1195989816
  • Current Sale Price: $4,100,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: May 12, 2000
  • Previous Sale Contract Date: Apr 24, 2000
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 05, 2012
  • First Mortgage Loan Amount: $2,665,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: May 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: M & T MTG CORP
  • Previous Mortgage Transaction Date: May 12, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2030

About Water Mill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 78 Wheaton Way located in?
The 78 Wheaton Way is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 78 Wheaton Way?
The average sales price for units in 78 Wheaton Way is $0 currently.

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