NOT LISTED FOR SALE

550 Flying Point Rd Water Mill, NY 11976

Estimated Value: $7,143,000 - $9,808,078

5 Beds
-- Bath
4,468 Sq Ft
$1,844/Sq Ft Est. Value

About This Home

This home is located at 550 Flying Point Rd, Water Mill, NY 11976 and is currently estimated at $8,239,026, approximately $1,844 per square foot. 550 Flying Point Rd 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
Dec 16, 2013
Sold by
Cook Michael and Cook Barbara
Bought by
550 Flying Point Road Llc
Current Estimated Value
$8,239,026

Purchase Details

Closed on
Aug 22, 2008
Sold by
Brady Richard
Bought by
Cook Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2003
Sold by
Enstine Raymond W and Enstine Ruth P
Bought by
Enstine Raymond and Lawrenz Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Enstine Raymond and Lawrenz Cathy
Bought by
Burnetts Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
550 Flying Point Road Llc $5,100,000 --
Cook Michael $5,600,000 Robert Frankel
Cook Michael $5,600,000 Robert Frankel
Enstine Raymond -- --
Burnetts Creek Llc $800,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Michael $2,000,000
Previous Owner Cook Michael $1,080,000
Previous Owner Cook Michael $2,000,000
Previous Owner Burnetts Creek Llc $720,000
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 -- $5,140,200 $2,976,300 $2,163,900
2023 -- $5,140,200 $2,976,300 $2,163,900
2022 $25,704 $5,140,200 $2,976,300 $2,163,900
2021 $25,704 $5,130,600 $2,976,300 $2,154,300
2020 $20,667 $5,130,600 $2,976,300 $2,154,300
2019 $20,667 $0 $0 $0
2018 -- $5,130,600 $2,976,300 $2,154,300
2017 $23,186 $5,130,600 $2,976,300 $2,154,300
2016 $24,421 $5,130,600 $2,976,300 $2,154,300
2015 -- $5,130,600 $2,976,300 $2,154,300
2014 -- $4,604,600 $2,976,300 $1,628,300
Source: Public Records

Map

New York Suffolk County Water Mill 11968

550 Flying Point Rd, Water Mill, NY

Not Listed for Sale

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