NOT LISTED FOR SALE

16 Bay Ln Water Mill, NY 11976

Estimated Value: $6,898,000 - $11,391,303

8 Beds
11 Baths
9,393 Sq Ft
$973/Sq Ft Est. Value

About This Home

This home is located at 16 Bay Ln, Water Mill, NY 11976 and is currently estimated at $9,134,768, approximately $972 per square foot. 16 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
Jan 14, 2022
Sold by
16 Bay Lane Holdings Llc
Bought by
Rcj Ny Property Llc
Current Estimated Value
$9,134,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2021
Sold by
16 Bay Lane Llc
Bought by
16 Bay Lane Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 17, 2012
Sold by
Kriegman Mitchell
Bought by
16 Bay Lane Llc

Purchase Details

Closed on
Apr 15, 2002
Sold by
Kriegman Mitchell and Macleod Jennifer
Bought by
Kriegman Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 12, 1998
Sold by
Kayes Alan
Bought by
Kriegman Mitchell and Macleod Jennifer
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Rcj Ny Property Llc $11,535,000 None Available
16 Bay Lane Holdings Llc -- None Available
16 Bay Lane Llc $1,000,000 Advantage Title
Kriegman Mitchell -- --
Kriegman Mitchell $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rcj Ny Property Llc $0
Previous Owner 16 Bay Lane Holdings Llc $7,000,000
Previous Owner 16 Bay Lane Llc $17,284
Previous Owner 16 Bay Lane Llc $350,000
Previous Owner 16 Bay Lane Llc $1,215,000
Previous Owner 16 Bay Lane Llc $3,700,000
Previous Owner Macleod Jennifer $484,788
Previous Owner Macleod Jennifer $4,673
Previous Owner Kriegman Mitchell $282,000
Previous Owner Kriegman Mitchell $1,100,000
Previous Owner Macleod Jennifer $444,484
Source: Public Records

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 -- $6,251,800 $3,194,500 $3,057,300
2023 -- $6,251,800 $3,194,500 $3,057,300
2022 $24,684 $6,251,800 $3,194,500 $3,057,300
2021 $24,754 $6,251,800 $3,194,500 $3,057,300
2020 $24,537 $6,251,800 $3,194,500 $3,057,300
2019 $24,537 $0 $0 $0
2018 -- $5,961,400 $2,904,100 $3,057,300
2017 $25,334 $5,961,400 $2,904,100 $3,057,300
2016 $25,238 $5,767,800 $2,710,500 $3,057,300
2015 -- $5,447,000 $2,516,900 $2,930,100
2014 -- $5,447,000 $2,516,900 $2,930,100
Source: Public Records

Map

New York Suffolk County Water Mill 11976

16 Bay Ln, Water Mill, NY

This home is located at 16 Bay Ln, Water Mill, NY 11976 and is currently estimated at $9,134,768, approximately $972 per square foot. 16 Bay Ln is a home located in Suffolk County with nearby schools including Southampton Elementary School, Southampton Intermediate School, and Southampton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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