NOT LISTED FOR SALE

540 Blank Ln Water Mill, NY 11976

5 Beds
2 Baths
-- Sq Ft
3.3 Acres

About This Home

Situated at the end of a dead-end street, down a long private drive overlooking the expansive grounds, is this 5 bedroom post-modern home in excellent condition. Recently renovated, and newly furnished, this home offers over 4,000 square feet of living space including a gourmet kitchen, dining area, media/family room, living room with fireplace all included in the open floor plan for easy entertaining. 5 bedrooms (including first floor master), with 4.5 baths, and a loft area. With rows of French doors leading from the living room and dining area, this home flows well to the multiple terraces and heated pool (childproof pool) which are situated on over 3 acres of beautifully landscaped grounds complete with playset. A fabulous opportunity. [[Rental Registration # #RP241142]]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2010
Sold by
Michael David and Michael Kim
Bought by
Weldon Julian M and Weldon Pamela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$932,177
Interest Rate
4.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2002
Sold by
Baron Edmund
Bought by
Michael David and Michael Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Constantino Robert and Constantino Rita
Bought by
Baron Edmund
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
Weldon Julian M $2,000,000 --
Weldon Julian M $2,000,000 --
Michael David $695,000 Fidelity National Title Ins
Michael David $695,000 Fidelity National Title Ins
Baron Edmund $600,000 Boundary Title Services
Baron Edmund $600,000 Boundary Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldon Julian M $15,813
Open Weldon Julian M $1,400,000
Closed Weldon Julian M $1,400,000
Previous Owner Michael Kim $6,407
Previous Owner Michael David $500,000
Previous Owner Michael David $521,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Off Market $100,000 -- --
07/24/2025 07/24/25 For Rent $100,000 0.0% --
06/10/2025 06/10/25 Off Market $100,000 -- --
04/03/2025 04/03/25 For Rent $100,000 0.0% --
12/27/2024 12/27/24 Off Market $100,000 -- --
08/30/2024 08/30/24 For Rent $100,000 -- --

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 $8,002 $1,979,500 $1,321,500 $658,000
2023 $8,002 $1,979,500 $1,321,500 $658,000
2022 $11,035 $1,963,300 $1,321,500 $641,800
2021 $11,035 $1,963,300 $1,321,500 $641,800
2020 $7,706 $1,963,300 $1,321,500 $641,800
2019 $7,706 $0 $0 $0
2018 -- $1,933,000 $1,321,500 $611,500
2017 $8,215 $1,933,000 $1,321,500 $611,500
2016 $10,655 $2,435,100 $1,823,600 $611,500
2015 -- $2,435,100 $1,823,600 $611,500
2014 -- $2,435,100 $1,823,600 $611,500
Source: Public Records

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