NOT LISTED FOR SALE

1 Gerald Ln Unit A Hampton Bays, NY 11946

Estimated Value: $993,000 - $1,139,477

5 Beds
3 Baths
-- Sq Ft
0.5 Acres

Last Sold April 20, 2023

Last sale price $999,000

Est. 7% increase in value since last sale

Current estimated payment $6,675/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 1 Fireplace

About This Home

As of April 2023

Beautifully renovated Contemporary "Hamptons Classic" style home with (2) levels of entertaining and extraordinary use of space. Full half-acre lot perfect for hosting. Low low taxes. Truly turn-key with great rental history. MOVE RIGHT IN!

Last Agent to Sell the Property

Sean Manning

OverSouth LLC License #10491213082 Listed on: 03/08/2023

Last Buyer's Agent

Sean Manning

OverSouth LLC License #10491213082 Listed on: 03/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,826

Year Built

  • Built in 1997

Lot Details

  • 0.5 Acre Lot

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Hampton Bays Elementary School
  • Hampton Bays Middle School
  • Hampton Bays High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 21 / 5
  • Assessor Parcel Number 0900-261-00-05-00-021-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,826

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1997
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 5
  • Fireplace: Yes
  • AtticDescription: Full
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Hampton Bays Middle School

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: .5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • Parcel Number: 0900-261-00-05-00-021-001
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-03-08

Rental Info

  • Lease Considered: No
  • Available Date: 2023-05-01

Tax Info

  • Tax Annual Amount: 7826
  • Tax Block: 5
  • Tax Lot: 21
  • Tax Map Number: 0900-261-00-05-00-021-001

MLS Schools

  • Elementary School: Hampton Bays Elementary School
  • High School: Hampton Bays High School
  • Middle School District: Hampton Bays

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Henle Geri
Bought by
Flip It 6 Llc
Current Estimated Value
$1,068,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Outstanding Balance
$638,237
Interest Rate
5.23%
Mortgage Type
Commercial
Estimated Equity
$430,632

Purchase Details

Closed on
Jan 8, 2004
Sold by
Byrnes William K
Bought by
Crome Rainer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,250
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flip It 6 Llc $641,000 None Available
Crome Rainer $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flip It 6 Llc $671,000
Previous Owner Crome Rainer $250,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $999,000 0.0% --
03/09/2023 03/09/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $999,000 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $665,700 $273,300 $392,400
2023 -- $494,500 $273,300 $221,200
2022 $7,426 $494,500 $273,300 $221,200
2021 $7,426 $494,500 $273,300 $221,200
2020 $7,725 $494,500 $273,300 $221,200
2019 $7,725 $0 $0 $0
2018 -- $431,100 $246,000 $185,100
2017 $7,329 $431,100 $246,000 $185,100
2016 $7,452 $431,100 $246,000 $185,100
2015 -- $431,100 $246,000 $185,100
2014 -- $438,200 $253,100 $185,100
Source: Public Records

Agents Affiliated with this Home

  • Sean Manning

    Seller's Agent in 2023

    Sean Manning

    OverSouth LLC

    (631) 740-1195

    5 in this area

    171 Total Sales

    Sean Manning
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Map

Source: OneKey® MLS

MLS Number: KEY3462953

OneKey® MLS

APN: 0900-261-00-05-00-021-001

New York Suffolk County Hampton Bays 11946

1 Gerald Ln Unit A, Hampton Bays, NY

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