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8 Uncle Leos Lane

8 Uncle Leos Lane, Water Mill, NY 11976
Property in Southampton
Sold Nov 23, 2016
$2,725,000
$2,180,000 by Amalgamated Bank
Mortgage Due Nov 01, 2046
Sold Nov 14, 2001
$350,000
Local assessors in Water Mill, NY have categorized 8 Uncle Leos Lane as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 42,689 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Uncle Leos Lane has a total of 4,510 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8 Uncle Leos Lane sold most recently in Nov 1, 2016 for a total of $2,725,000. If you work out the math, that's approximately a cost of $604.21 per sqft. Before that, the property was also sold for $350,000 in Oct 9, 2001. 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. 8 Uncle Leos Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,989,200. If we break it down further, the land itself was valued at $1,350,900. Improvements to the property, however, were assessed at a total of $1,638,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: A
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 4,510
  • Building Area: 4,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,510
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BORKOSKIS FARM
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 11

Ownership

  • Current Owner : MUMFORD KYLE
  • Current Owner 2: MUMFORD TRACEY
  • Previous Owner : LASPESA RICHARD
  • Previous Owner 2: INFURNA JULIE
  • Owner Before Previous Owner: CONRAD BETSY

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 9114
  • District: 0900-0
  • Section: 81.00
  • Parcel: 0900-081.00-02.00-025.012
  • Block: 2
  • Lot: 25.012
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9375
  • Longitude: -72.3488

    Address

  • Full Address: 8 Uncle Leos Ln
  • Address - House Number: 8
  • Address - Street Name: Uncle Leos
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R002
  • 4-Digit Zip Code: 2241
  • Zip Code: 11976

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 2,982,553
  • High Value: 3,726,193
  • Low Value: 2,238,914

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $2,835,275
  • First Open Lien Mortgage Lender: AMALGAMATED BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2016
  • First Open Lien Mortgage Loan Amount: $2,180,000
  • 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: Nov 01, 2046
  • Second Open Lien Mortgage Lender: AMALGAMATED BANK
  • Second Open Lien Mortgage Recording Date: Nov 23, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $269,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2046
  • Third Open Lien Mortgage Lender: AMALGAMATED BANK
  • Third Open Lien Mortgage Recording Date: Nov 30, 2017
  • Third Open Lien Mortgage Loan Amount: $348,594
  • Third Open Lien Mortgage Term: 336
  • 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: Dec 01, 2045
  • Fourth Open Lien Mortgage Lender: GOLDMAN SACHS BANK USA
  • Fourth Open Lien Mortgage Recording Date: Feb 08, 2022
  • Fourth Open Lien Mortgage Loan Amount: $36,981
  • Fourth Open Lien Mortgage Term: 336
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Fourth Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $4,301,007
  • Market Land Value: $1,943,741
  • Market Improvement Value: $2,357,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,989,200
  • Assessed Land Value: $1,350,900
  • Assessed Improvements Value: $1,638,300

    Sales

  • Current Sale Contract Date: Nov 01, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Transaction ID: 1992500859
  • Current Sale Price: $2,725,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Nov 14, 2001
  • Previous Sale Contract Date: Oct 09, 2001
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMALGAMATED BANK
  • First Mortgage Transaction Date: Nov 23, 2016
  • First Mortgage Loan Amount: $2,180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046
  • Second Mortgage Lender: AMALGAMATED BANK
  • Second Mortgage Transaction Date: Nov 23, 2016
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $269,700
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Nov 01, 2046

About Water Mill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Uncle Leos Lane located in?
The 8 Uncle Leos Lane is a located in the neighborhood of Southampton in Water Mill, Water Mill.
What is the average sales price for listings in 8 Uncle Leos Lane?
The average sales price for units in 8 Uncle Leos Lane is $0 currently.

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