16 Cliff Dr Montauk, NY 11954
Montauk NeighborhoodEstimated Value: $988,863 - $2,122,000
--
Bed
--
Bath
--
Sq Ft
5.7
Acres
About This Home
This home is located at 16 Cliff Dr, Montauk, NY 11954 and is currently estimated at $1,555,432. 16 Cliff Dr is a home with nearby schools including Montauk School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 14, 2015
Sold by
Drexler Peggy F and Drexler Millard S
Bought by
Lindemann Adam
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
$24,000,000
Outstanding Balance
$10,021,488
Interest Rate
3.21%
Mortgage Type
New Conventional
Estimated Equity
-$8,466,056
Purchase Details
Closed on
Jan 9, 2007
Sold by
Morrissey Paul J
Bought by
Drexler Peggy F
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 |
---|---|---|---|
Lindemann Adam | $48,700,000 | None Available | |
Lindemann Adam | $48,700,000 | None Available | |
Drexler Peggy F | $27,500,000 | Eric M Zipkowitz | |
Drexler Peggy F | $27,500,000 | Eric M Zipkowitz |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lindemann Adam | $455,000 | |
Open | Lindemann Adam | $24,000,000 | |
Closed | Lindemann Adam | $24,000,000 | |
Previous Owner | Morrissey Paul J | $115,600 |
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 | $118,350 | $89,875 | $15,000 | $74,875 |
2023 | $59,175 | $89,875 | $15,000 | $74,875 |
2022 | $85,872 | $89,875 | $15,000 | $74,875 |
2021 | $85,872 | $89,875 | $15,000 | $74,875 |
2020 | $96,372 | $89,875 | $15,000 | $74,875 |
2019 | $96,372 | $0 | $0 | $0 |
2018 | $88,989 | $88,775 | $15,000 | $73,775 |
2017 | $88,989 | $88,775 | $15,000 | $73,775 |
2016 | $85,428 | $88,775 | $15,000 | $73,775 |
2015 | -- | $88,775 | $15,000 | $73,775 |
2014 | -- | $88,775 | $15,000 | $73,775 |
Source: Public Records
Map
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