NOT LISTED FOR SALE

62 W Water St Sag Harbor, NY 11963

Estimated Value: $5,623,000 - $9,269,000

5 Beds
6 Baths
5,000 Sq Ft
$1,621/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $10,500,000 $2,100 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $43,982/month

155 Days on Market

Highlights

  • Beach Front
  • Property is near public transit
  • 2 Fireplaces
  • Water Access
  • Wood Flooring
  • Den

About This Home

As of May 2022

This wonderful 5 bedroom, 6 full bath residence offers the rare privacy of a grand single-family home located just 2,100 feet from all the convenient delights of Main Street. Set on .61 acres, the home, affectionately known as "Osprey House" offers endless vantage points to appreciate the sunset-facing property including a stunning 16' x 40' waterside pool, cabana with outdoor shower, flower gardens, rolling lawn, and private water access and beach. The front entrance of the home leads into a magnificent foyer with a staircase that graciously ascends to the sun-filled second level with 4 ensuite bedrooms.

Last Agent to Sell the Property

John Thomas

Brown Harris Stevens Hamptons License #10401248416 Listed on: 11/09/2021

Brown Harris Stevens Hamptons

Co-Listed By

Robert Stearns

Brown Harris Stevens Hamptons License #10401280391

Last Buyer's Agent

Non Member

NonMember

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,364

Year Built

  • Built in 1985

Lot Details

  • 0.58 Acre Lot
  • Beach Front

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Panoramic

Home Design

  • Frame Construction
  • Cedar

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Partial Basement
  • Unfinished Attic

Kitchen

  • Eat-In Kitchen
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Sag Harbor Elementary School
  • Pierson Middle/High School

Utilities

  • Central Air
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 2 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,364

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1985
  • New Construction: No
  • Attribution Contact: 631-324-6400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Refrigerator, Washer
  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Guest Quarters, Living Room / Dining Room, Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Attic Description: Unfinished
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Partial
  • Inclusions: Dishwasher, Dryer, Freezer, Front Gate, Greenhouse, Refrigerator, Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 5000.00
  • Kitchens: 1
  • Square Footage: 5000.00

Exterior Features

  • Construction Materials: Frame, Cedar
  • Flood Zone Report: No
  • Waterfront Features: Beach Front, Water Access, Waterfront
  • View: Panoramic, Other, Water
  • Waterfront: Yes
  • View YN: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pierson Middle/High School

Lot Info

  • Lot Size Acres: 0.5800
  • Lot Dimensions: .59
  • Lot Size Sq Ft: 25370.00
  • Lot Size Units: Acres
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-05-31
  • Tax Annual Amount: 21364.00
  • Tax Block: 1
  • Tax Lot: 2
  • Tax Other Annual Assessment Amount: 7000.00

MLS Schools

  • Elementary School: Sag Harbor Elementary School
  • High School: Pierson Middle/High School
  • Middle School District: Sag Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
May 25, 2022
Sold by
Mcdonough Patrick
Bought by
8 Seasi Llc
Seller's Agent
John Thomas
Brown Harris Stevens Hamptons
Buyer's Agent
Non Member
NonMember
List Price
$11,995,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,495,000
-12.46%
Current Estimated Value
$8,105,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,394,368
Avg. Annual Appreciation
-7.31%

Purchase Details

Closed on
May 2, 1996
Sold by
Freidah Robert and Barry Robert I
Bought by
Mcdonough Patrick
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
8 Seasi Llc $10,500,000 None Available
Mcdonough Patrick $350,000 Ticor Title Guarantee Compan
Mcdonough Patrick $350,000 Ticor Title Guarantee Compan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $10,500,000 -9.5% $2,100 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
12/10/2021 12/10/21 Price Changed $11,600,000 -3.3% $2,320 / Sq Ft
11/09/2021 11/09/21 For Sale $11,995,000 -- $2,399 / 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 $18,675 $6,310,700 $1,952,700 $4,358,000
2023 $17,355 $6,310,700 $1,952,700 $4,358,000
2022 $17,152 $6,310,700 $1,952,700 $4,358,000
2021 $7,348 $2,676,600 $1,952,700 $723,900
2020 $14,344 $2,676,600 $1,952,700 $723,900
2019 $21,626 $0 $0 $0
2018 -- $2,611,000 $1,952,700 $658,300
2017 $15,001 $2,611,000 $1,952,700 $658,300
2016 $15,601 $2,611,000 $1,952,700 $658,300
2015 -- $2,582,700 $1,952,700 $630,000
2014 -- $2,582,700 $1,952,700 $630,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3358421

OneKey® MLS

APN: 0903-002-00-01-00-002-003