NOT LISTED FOR SALE

Estimated Value: $1,028,447 - $5,423,000

5 Beds
4.5 Baths
3,700 Sq Ft
$995/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $3,775,000 $1,020 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $20,961/month

51 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Home Energy Rating Service (HERS) Rated Property
  • Beach Access
  • In Ground Pool
  • Deck

About This Home

As of August 2023

This stunning new jewel is now complete and available fully furnished with the option to buy or rent furnishings to allow for immediate occupation this summer! Located within the coveted Lion Head Beach Association , East Hampton, with partial water views and access mere seconds away to a lovely west facing sandy beach, and private marina. A beach house that truly provides everything you could wish for in a new home. Thoughtfully designed utilizing energy efficient systems such as Solar and SIP's and exuding style throughout, the indoors and outdoors seamlessly blend to provide plenty of room to relax and entertain in. Features include a large partially covered deck, linking the open plan kitchen and living room. A heated salt water Gunite pool and Pergoda sit within a private beautifully landscaped garden. An impressive oak staircase links the three finished levels that combined provide 3400sqft of gorgeous living space, comprising of five bedrooms, two with water view balconies, an office, TV media room, bonus space for gym or studio, a laundry room and lower level two car garage with large storage space for bikes and kayaks etc. 99 Runnymede is located on an exceptionally peaceful and safe street with virtually no traffic and within a few hundred feet to a private path to the beach. The Springs area is rich with history and community spirit. Famed for being the birthplace of abstract expressionism, the artistic identity of this area is alive and kicking still, making Springs one of the most fun and vibrant places to live out east. Year round art shows, live music events, a seasonal farmers market, Delis and water front restaurants, are just a few of the things that make this property's location so idyllic. Surrounded by bays and harbors, sunset beaches, inlets and creeks, life by, or on the water is a staple here. If you do feel the need to leave this piece of paradise, the charming villages of East Hampton and Amagansett with their amenities and Atlantic ocean beaches are just a short drive away. Built with quality by eco builders , Smart Homes Of The Hamptons., Additional information: hers index score:12

Last Agent to Sell the Property

Sara Faulkner

Douglas Elliman Real Estate License #10401248740 Listed on: 06/02/2023

Douglas Elliman Real Estate

Last Buyer's Agent

Sara Faulkner

Douglas Elliman Real Estate License #10401248740 Listed on: 06/02/2023

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2023

Lot Details

  • 0.46 Acre Lot
  • Fenced

Parking

  • Attached Garage

Home Design

  • Modern Architecture
  • Advanced Framing
  • Insulated Concrete Forms
  • Stucco
  • Cedar

Interior Spaces

  • 3,700 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Smart Thermostat
  • Microwave
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Air Purifier
  • Solar Heating System

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony
  • Deck

Schools

  • East Hampton High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Radiant Heating System
  • Heat or Energy Recovery Ventilation System
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Fitness Center

Listing and Financial Details

  • Legal Lot and Block 182 / 0005
  • Assessor Parcel Number 0300-023-00-05-00-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Modern
  • Property SubType: Single Family Residence
  • Property Condition: New Construction
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior Amenities: Master Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Fireplaces: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3700
  • Window Features: Insulated Windows
  • Basement YN: No

Exterior Features

  • Construction Materials: Advanced Framing Technique, Cedar, ICFs (Insulated Concrete Forms), Stucco
  • Waterfront Features: Beach Access
  • Fencing: Fenced
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Water
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Cooling: Air Purification System, Central Air, Ductless
  • Heating: Electric, Heat Pump, Heat Recovery System, Propane, Radiant, Solar
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fitness Center
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Fitness Center

Lot Info

  • Lot Dimensions: .47
  • Lot Size Sq Ft: 20038
  • Parcel Number: 0300-023-00-05-00-006-000
  • Property Attached: No
  • Additional Parcels: No

Green Features

  • Green Building Verification Type: HERS Index Score
  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 1152
  • Tax Block: 0005
  • Tax Lot: 182

MLS Schools

  • High School: East Hampton High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 28, 2023
Sold by
Aer Capital Llc
Bought by
Medvinsky Larry P and Medvinsky Laurie D
Seller's Agent
Sara Faulkner
Douglas Elliman Real Estate
Buyer's Agent
Sara Faulkner
Douglas Elliman Real Estate
List Price
$3,995,000
Sold Price
$3,775,000
Premium/Discount to List
-$220,000
-5.51%
Views
249
Current Estimated Value
$3,680,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,388
Avg. Annual Appreciation
0.58%
Original Mortgage
$2,300,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2021
Sold by
Runnymede Green Llc
Bought by
Aer Capital Llc

Purchase Details

Closed on
Apr 15, 2016
Sold by
Ricca Lynn M and Schoppmann Family Trust
Bought by
Runnymede Green Llc
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
Medvinsky Larry P $3,775,000 First American Title
Medvinsky Larry P $3,775,000 First American Title
Aer Capital Llc -- None Available
Aer Capital Llc -- None Available
Runnymede Green Llc $525,000 None Available
Runnymede Green Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medvinsky Larry P $2,300,000
Previous Owner Aer Capital Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $3,775,000 -5.5% $1,020 / Sq Ft
06/02/2023 06/02/23 For Sale $3,995,000 -- $1,080 / 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 $17,140 $13,500 $1,000 $12,500
2023 $8,570 $9,925 $1,000 $8,925
2022 $1,384 $1,000 $1,000 $0
2021 $1,384 $1,000 $1,000 $0
2020 $1,508 $1,000 $1,000 $0
2019 $1,508 $0 $0 $0
2018 $1,428 $1,000 $1,000 $0
2017 $1,428 $1,000 $1,000 $0
2016 $1,396 $1,000 $1,000 $0
2015 -- $1,000 $1,000 $0
2014 -- $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3482260

OneKey® MLS

APN: 0300-023-00-05-00-006-000