NOT LISTED FOR SALE

40 Farmview Dr Sagaponack, NY 11962

Estimated Value: $5,178,000 - $6,945,290

4 Beds
3 Baths
2,824 Sq Ft
$2,169/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $4,100,000 $1,452 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $33,182/month

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Carriage House
  • Cathedral Ceiling
  • 3 Fireplaces

About This Home

As of November 2020

Sagaponack South, unique and filled with special touches, 4 bedrooms, 3 baths, great room, living room and large open kitchen and dining off a beautiful patio. Light filled with vaulted ceilings, wood flooring and an open concept, exterior features included a heated gunite pool and pool house with beautiful mature landscaping throughout the property. Just off Sagg Main Street the location represents all that makes the Hamptons a favorite destination of so many. A beautiful neighborhood with some of the finest estates in the country, pastoral views over farmland and verdant vineyards, all this near Bridgehampton Village amenities. An ideal opportunity to own a piece of heaven.

Last Agent to Sell the Property

Gayle Osman Lopata

Brown Harris Stevens W Hampton Brokerage Phone: 631-288-5500 License #40OS0846026 Listed on: 08/20/2020

Brown Harris Stevens W Hampton

Co-Listed By

John Vitello

Brown Harris Stevens Hamptons Brokerage Phone: 631-288-5500 License #40VI1046035

Last Buyer's Agent

Gary Devita

Realty Connect USA L I Inc License #10301212178

Realty Connect USA L I Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,095

Year Built

  • Built in 1965

Lot Details

  • 0.97 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • Private Parking

Home Design

  • Carriage House

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 3 Fireplaces
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Schools

  • Sagaponack Elementary School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 002 / 02

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,095

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Carriage House
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1965
  • New Construction: No
  • Attribution Contact: 631-288-5500
  • Co List Office Mls Id: ONEBRNH03
  • Co List Office Phone: 631-287-4900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Living Area Units: Square Feet
  • Fireplaces: 3
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Crawl Space, Full, Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2824
  • SquareFootage: 2824.00
  • NumberOfKitchens: 1

Exterior Features

  • Fencing: Fenced
  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Sprinkler System
  • Patio and Porch Features: Deck, Patio, Porch
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Heating: Oil, Baseboard

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.97
  • Lot Size Area: 0.97
  • Lot Dimensions: .97
  • Lot Size Sq Ft: 42253
  • Lot Size Units: Acres
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 8095
  • Tax Block: 02
  • Tax Lot: 002

MLS Schools

  • Elementary School: Sagaponack School
  • Middle School District: Sagaponack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 16, 2020
Sold by
Laffont Jean P and Laffont Eliane
Bought by
Aronoff Ft and Aronoff
Seller's Agent
Gayle Osman Lopata
Brown Harris Stevens W Hampton
Buyer's Agent
Gary Devita
Realty Connect USA L I Inc
List Price
$3,795,000
Sold Price
$4,100,000
Premium/Discount to List
$305,000
8.04%
Current Estimated Value
$6,124,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,024,430
Avg. Annual Appreciation
7.74%
Original Mortgage
$600,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Aronoff Ft -- None Available
Aronoff Ft -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aronoff Family T $5,188,000
Previous Owner Aronoff Ft $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $4,100,000 +8.0% $1,452 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $3,795,000 -- $1,344 / 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 $8,151 $5,054,000 $3,759,300 $1,294,700
2023 $8,151 $4,708,800 $3,759,300 $949,500
2022 $0 $4,206,700 $3,759,300 $447,400
2021 $9,020 $4,649,800 $4,271,900 $377,900
2020 $8,096 $4,649,800 $4,271,900 $377,900
2019 $8,096 $4,649,800 $4,271,900 $377,900
2018 -- $4,085,200 $3,737,900 $347,300
2017 -- $4,085,200 $3,737,900 $347,300
2016 $9,020 $4,197,600 $3,850,300 $347,300
2015 -- $4,197,600 $3,850,300 $347,300
2014 -- $4,197,600 $3,850,300 $347,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3244497

OneKey® MLS

APN: 0908-004-00-02-00-002-000