NOT LISTED FOR SALE

240 Briar Ln Southold, NY 11971

North Fork Neighborhood

Estimated Value: $4,417,000 - $6,646,000

5 Beds
5.5 Baths
6,644 Sq Ft
$802/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $4,950,000 $745 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $30,667/month

23 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • 1.35 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a creek
  • Private Lot

About This Home

As of December 2020

Located On Paradise Point, This Home Features Endless Amenities and Unparalleled Workmanship. Designed by Samuels & Steelman And Built By John Bertani, This Waterfront Home Offers Creek And Bay Views With Easy Access To The Bay From Its Own Deep Water Dock. The Open Plan Main Floor Comprises A Living Room With Gas Fireplace, A Dining Room And A Kitchen With A Huge Island And High-End Appliances. An En Suite Guest Bedroom, An Office With Gas Fireplace, A Mudroom/ Laundry And 2 Screened-In Porches Complete The Main Floor. On The Upper Level Are A Master En Suite, 3 Additional Bedrooms, 2 Additional Full Baths And Laundry. The Walk-Out Lower Level Features A Theatre Room And A Billiards Room That Are Excellent For Entertaining. With An In-Ground Gunite Pool And A Pool House Above The 3-Car Detached Garage, This Home Has It All!

Last Agent to Sell the Property

Thomas McCloskey

Douglas Elliman Real Estate Brokerage Phone: 631-354-8100 License #10301215286 Listed on: 10/07/2020

Douglas Elliman Real Estate

Co-Listed By

Michelle McCloskey

Douglas Elliman Real Estate Brokerage Phone: 631-354-8100 License #10401345718

Last Buyer's Agent

Alexander Aquino

Douglas Elliman Real Estate License #10401334121

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,483

Year Built

  • Built in 2005

Lot Details

  • 1.35 Acre Lot
  • Home fronts a creek
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Private Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Nantucket Architecture
  • Stone Siding
  • Cedar

Interior Spaces

  • 6,644 Sq Ft Home
  • Wet Bar
  • 2 Fireplaces
  • Den
  • Home Gym
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Docks
  • Porch

Schools

  • Southold Elementary School
  • Southold Junior-Senior High Middle School
  • Southold Junior-Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System

Listing and Financial Details

  • Exclusions: Selected Light Fixtures
  • Legal Lot and Block 16 / 1
  • Assessor Parcel Number 1000-081-00-01-00-016-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,483

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Nantucket
  • Property SubType: Single Family Residence
  • Exclusions: Selected Light Fixtures
  • Year Built: 2005
  • New Construction: No
  • Attribution Contact: 631-354-8100
  • Co List Office Mls Id: ONEDERE72
  • Co List Office Phone: 631-354-8100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Wine Cooler
  • Interior Amenities: First Floor Bedroom, Den/Family Room, Exercise Room, Guest Quarters, Powder Room, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Refrigerator,Washer,Wine Cooler
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 6644
  • SquareFootage: 6644.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Cedar, Stone
  • Waterfront Features: Bay/Harbor, Creek, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Water
  • Exterior Features: Sprinkler System, Dock
  • Patio and Porch Features: Porch
  • View YN: Yes
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Private, Detached, 3 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air, Radiant
  • Water Source: Public
  • SeparateHotwaterHeaterDetail: Y

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Southold Junior-Senior High School

Lot Info

  • Lot Size Acres: 1.35
  • Lot Dimensions: 1.35
  • Lot Size Sq Ft: 58806
  • Lot Size Units: Acres
  • Lot Features: Cul-De-Sec, Private
  • Parcel Number: 1000-081-00-01-00-016-008
  • Zoning Description: Residential
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2020-10-09

Rental Info

  • Lease Considered: No
  • Available Date: 2020-12-15

Tax Info

  • Tax Annual Amount: 28483
  • Tax Block: 1
  • Tax Lot: 16
  • Tax Map Number: 1000-081-00-01-00-016-008

MLS Schools

  • Elementary School: Southold Elementary School
  • High School: Southold Junior-Senior High School
  • Middle School District: Southold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 21, 2020
Sold by
Pratt Avenue Llc
Bought by
Odeon Partners Pp Llc
Seller's Agent
Thomas McCloskey
Douglas Elliman Real Estate
Buyer's Agent
Alexander Aquino
Douglas Elliman Real Estate
List Price
$4,950,000
Sold Price
$4,950,000
Current Estimated Value
$5,327,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,333
Avg. Annual Appreciation
1.48%
Original Mortgage
$3,000,000
Outstanding Balance
$2,670,895
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,656,438

Purchase Details

Closed on
Nov 30, 2016
Sold by
Hermance Kris and Hermance Ronald
Bought by
Pratt Avenue Llc

Purchase Details

Closed on
Mar 18, 2002
Sold by
Curry Chancy D and Sinning Garrett
Bought by
Hermance Ronald and Hermance Kris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Odeon Partners Pp Llc $4,950,000 None Available
Odeon Partners Pp Llc $4,950,000 None Available
Pratt Avenue Llc $2,250,000 None Available
Pratt Avenue Llc $2,250,000 None Available
Hermance Ronald $425,000 Commonwealth Land Title Ins
Hermance Ronald $425,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odeon Partners Pp Llc $3,000,000
Closed Odeon Partners Pp Llc $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $4,950,000 0.0% $745 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/18/2020 10/18/20 Off Market $4,950,000 -- --
10/07/2020 10/07/20 For Sale $4,950,000 -- $745 / Sq Ft
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 $33,060 $22,800 $4,100 $18,700
2023 $33,060 $22,800 $4,100 $18,700
2022 $32,316 $22,800 $4,100 $18,700
2021 $28,795 $22,800 $4,100 $18,700
2020 $28,483 $21,000 $4,100 $16,900
2019 $28,483 $21,000 $4,100 $16,900
2018 $26,523 $21,000 $4,100 $16,900
2017 $27,431 $21,000 $4,100 $16,900
2016 $27,225 $21,000 $4,100 $16,900
2015 -- $21,000 $4,100 $16,900
2014 -- $21,000 $4,100 $16,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas McCloskey

    Douglas Elliman Real Estate

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Michelle McCloskey

    Douglas Elliman Real Estate

  • Alexander Aquino

    Buyer's Agent in 2020

    Alexander Aquino

    Douglas Elliman Real Estate

    (631) 902-7351

    15 in this area

    21 Total Sales

    Alexander Aquino
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3259453

OneKey® MLS

APN: 1000-081-00-01-00-016-008

New York Suffolk County Southold 11971 North Fork

240 Briar Ln, Southold, NY

Not Listed for Sale

Detached

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