NOT LISTED FOR SALE

114 Bay Ave E Hampton Bays, NY 11946

Estimated Value: $318,000 - $426,000

1 Bed
1 Bath
472 Sq Ft
$793/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $325,000 $689 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,302/month

431 Days on Market

Highlights

  • Beach Access
  • Cottage
  • 1-Story Property
  • Property is near public transit, schools, and shops
  • Park
  • Level Lot

About This Home

As of June 2024

Opportunity knocks! Never before on the market. This is a unique "package offering" (Tax map 0900-297-00-03-00-046-000 and 0900-297-00-03-00-048-001). Hampton Bays cottage in need of TLC is sited on a .11 acre lot. New roof and front door, the rest is up to you! The sale includes an adjacent single and separate vacant R-20 lot to the rear which is accessed through a private road (Holmes Lane) and a 25 foot wide private right of way. **Note- acreage listed is inclusive of private road and seller makes no representations as to what can be built** Vacant lot is listed as .44 acres which is inclusive of the private road and right of way (dimensions included in photo). Buyer to conduct own due diligence on what can be built. Property taxes are inclusive of both lots. This property does not qualify for traditional financing and is being sold AS-IS. Please do not walk the property. All potential buyers & realtors must sign the hold harmless agreement attached. Survey and CO for cottage attached. No survey available for vacant lot, photo provided outlines property location, approximate dimensions and access. Cottage was built prior to 1957 and qualifies for relief on property setbacks with the Town. See attached document from building department, Additional information: Appearance:Needs TLC

Last Agent to Sell the Property

Allison Galasso

Daniel Gale Sothebys Intl Rlty License #10301224032 Listed on: 02/20/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Allison Galasso

Daniel Gale Sothebys Intl Rlty License #10301224032 Listed on: 02/20/2023

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,169

Year Built

  • Built in 1930

Lot Details

  • Level Lot
  • Property is zoned R-20

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 472 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Private Parking
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Well
  • Cesspool

Additional Features

  • Beach Access
  • Property is near public transit, schools, and shops

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Assessor Parcel Number 0900-297-00-03-00-046-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,169

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Levels: One
  • Year Built: 1930
  • CurrentPrice: 325000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 688.55932
  • ListPrice_By_LivingArea: 908.89831
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 688.55932
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 472
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Waterfront Features: Beach Access
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Cooling: None
  • Heating: Other
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Hampton Bays Middle School

Lot Info

  • Lot Dimensions: .56
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 0900-297-00-03-00-046-000
  • Property Attached: No
  • Additional Parcels: No
  • Zoning: R-20

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 3169.18
  • Tax Block: A
  • Tax Lot: 6

MLS Schools

  • Elementary School: Hampton Bays Elementary School
  • High School: Hampton Bays High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Jun 7, 2024
Sold by
Lorraine Darcy Irt and Darcy
Bought by
Faivre Keith and Faivre Holly
Seller's Agent
Allison Galasso
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Allison Galasso
Daniel Gale Sothebys Intl Rlty
List Price
$429,000
Sold Price
$325,000
Premium/Discount to List
-$104,000
-24.24%
Views
1666
Current Estimated Value
$374,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,296
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Darcy Lorraine
Bought by
Lorraine Darcy Irrevocable Trust and Darcy Christian
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Faivre Keith $300,000 First American Title
Faivre Keith $300,000 First American Title
Lorraine Darcy Irrevocable Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $325,000 -24.2% $689 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
02/20/2023 02/20/23 For Sale $429,000 -- $909 / Sq Ft
Source: OneKey® MLS

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 -- $204,800 $145,700 $59,100
2023 -- $204,800 $145,700 $59,100
2022 $3,238 $204,800 $145,700 $59,100
2021 $3,238 $204,800 $145,700 $59,100
2020 $3,192 $204,800 $145,700 $59,100
2019 $3,192 $0 $0 $0
2018 -- $199,300 $145,700 $53,600
2017 $3,381 $200,300 $154,800 $45,500
2016 $3,237 $188,600 $145,700 $42,900
2015 -- $188,600 $145,700 $42,900
2014 -- $188,600 $145,700 $42,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L3459620

OneKey® MLS

APN: 0900-297-00-03-00-046-000

Your Personal Tour Guide

Ask me questions while you tour the home.