120 Bay Ln Water Mill, NY 11976
Estimated Value: $5,908,000 - $8,463,000
5
Beds
6
Baths
3,370
Sq Ft
$2,258/Sq Ft
Est. Value
About This Home
This home is located at 120 Bay Ln, Water Mill, NY 11976 and is currently estimated at $7,608,997, approximately $2,257 per square foot. 120 Bay Ln is a home located in Suffolk County with nearby schools including Southampton Elementary School, Southampton Intermediate School, and Southampton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2025
Sold by
Rivendell Mecox Llc
Bought by
Chartwell Mecox Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,837,500
Outstanding Balance
$8,814,812
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$1,205,815
Purchase Details
Closed on
Mar 31, 2021
Sold by
Rubin Howard A and Henry Mary J
Bought by
Rivendell Mecox Llc
Purchase Details
Closed on
Sep 22, 1992
Sold by
Webers Frank E
Bought by
Rubin Howard A and Henry Mary J
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Chartwell Mecox Llc | $12,625,000 | -- | |
Chartwell Mecox Llc | $12,625,000 | -- | |
Rivendell Mecox Llc | $9,500,000 | None Available | |
Rivendell Mecox Llc | $9,500,000 | None Available | |
Rubin Howard A | -- | First American Title Ins Co | |
Rubin Howard A | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Chartwell Mecox Llc | $8,837,500 | |
Closed | Chartwell Mecox Llc | $8,837,500 | |
Previous Owner | Rivendell Mecox Llc | $5,700,000 | |
Previous Owner | Rubin Howard | $3,500,000 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $9,169,100 | $8,272,200 | $896,900 |
2023 | -- | $9,169,100 | $8,272,200 | $896,900 |
2022 | $28,180 | $9,169,100 | $8,272,200 | $896,900 |
2021 | $28,180 | $9,169,100 | $8,272,200 | $896,900 |
2020 | $35,987 | $9,169,100 | $8,272,200 | $896,900 |
2019 | $35,987 | $0 | $0 | $0 |
2018 | -- | $9,113,800 | $8,272,200 | $841,600 |
2017 | $38,731 | $9,113,800 | $8,272,200 | $841,600 |
2016 | $27,210 | $6,218,500 | $5,376,900 | $841,600 |
2015 | -- | $6,218,500 | $5,376,900 | $841,600 |
2014 | -- | $6,218,500 | $5,376,900 | $841,600 |
Source: Public Records
Map
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