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HomeMy WebLinkAboutLaurel Lane Estates Park & Playground .-- . JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON MARCH 13, 1990: RESOLVED that the Town Board of the Town of Southold hereby determines that the amount of $38,850.00 shall be deposited with the Town in lieu of land for Park and Playground purposes in the subdivision of Laurel Lane Estates, located at Laurel, New York, of which the sum of $100.00, being the appraisal cost, shall be deducted and payable to the General Fund, the balance deposited in the Park and Playground Trust Account. /7 LJ,;/ ~~ ~-~~ Southold Town Z.~rf March 15, 1990 . . FfrstlOwne, ~alty.l, MAIN ROAO SOUTHOLO, NEW YORK 11971 15161 765-2286 ,- LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 15161 734-6687 March 13, 1990 APPRAISAL REPORT FOR THE TOWN OF SOUTHOLD OF PROPERTY AT PROPERTY AT LAUREL LANE LAUREL, NEW YORK 11948 KNOWN AS "LAUREL LANE ESTATES" . . FfrstlOwne, ~alty') .' MAIN ROAO SOUTHOLO, NEW YORK 11971 15161 765-2288 LEWIS EOSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 15161 734-6687 March 13, 1990 ----------------------- In the Matter of ) The Town of Southold ) ----------------------- State of New York ) ) ss ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. . . On or about October 30, 1989 the Town of Southold requested First Towne Realty to make an appraisal of property in the Town of Southold, Village of Laurel, State of New York as of March 13, 1990. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 55.5 acres with 3642 feet frontage and an irregular depth and is located on Laurel Lane, Laurel, Town of Southold, County of Suffolk, State of New York and is bounded on the north by the Long Island Rail Road on the east by the Golden View and Laurelwood subdivisions on the south by McNulty and on the west by Laurel Lane. The property is presently being used to grow nursery crops. There is access to Peconic Bay near by. It is a desirable piece of property. The 1989 - 1990 Southold Town Assessment was: Land 16,000 Total $16,000 In my opinion a fair market value for the parcel on March 13, 1990 is $14,000 per acre or $777,000. . . Suffolk County Tax Map Number: 1000-129-1-1 Southold Town Taxes 1989 - 1990: $8,290.64 Property is zoned residential. .."~." Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn to before .. "", '3",~990' Cf7~ Nota.ry Public CLAIRE L GLEW NOl8r'( Public. State of New York No. 4879505 r.]./ Qualified in Suffolk County 7 U Commission Expires December 8.19_ '... .; \ -. , SUBJECT-PROPERTY SUBJECT PROPERTY . I I I I I I I I I I I I I I , . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. 1 assume no responsibility for matters legal in character, nor do 1 render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. 1 have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. 1 am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. / ,,~, ~:~/ .' ",,~":::.>,::, t......^ .)".' "'!:>\ ,1 ~"_ -~~1~'<~.., :--"1":) " --.) '.'" ._..,\~,,' r~ \' '';' , ""..~.:~: _.;.'.'. , ~' ... -.' '~-',~,--.?~~ '~_&l _ ':'''' J ,\ " Town Hall, 53095 Main Road P,O, Box 1179 Southold, New York 11971 FAX (516) 765,1823 TELEPHONE (516) 765-1801 JUDITH T. TERRY TOWN CLERK REGISTRAR 01: VITAL STATISTICS 'y OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD March 2, 1990 Dear Lew: Reminder: On October 30, 1989 I sent you "The North Forty" subdivision for an appraisal, and "Laurel Lane Estates". Please advise when we might receive them. Thank you. ~~ cc: Planning Board r' I . - JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD October 30, 1989 Lewis Edson First Towne Realty Main Road Southold, New York 11971 Dear Lew: The Southold Town Board, at their regular meeting held on October 24, 1989, adopted a resolution engaging your services for the purpose of conducting an appraisal of the subdivision of "Laurel Lane Estates" located at Laurel, so the Town Board may determine the amount of money to be deposited with the Town in lieu of land for park and playground purposes, all in accordance with Section 106-38.E(3) of the Code of the Town of Southold. The subdivision map is enclosed herewith. When you have completed your appraisal, please file it with me. Thank you. Very truly yours, J~X: Southold Town Clerk Enclosure cc: Planning Board . ... JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL 5T A TlSTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON OCTOBER 211. 1989: RESOLVED that the Town Board of the Town of Southold hereby engages the services of Lewis Edson. at a fee of $100.00. for the purpose of conducting an appraisal of the major subdivision known as "Laurel Lane Estates" at Laurel. owned by Calvin Lewis Rasweiler. so the Town Board may determine the amount of money to be deposited with the Town in lieu of land for park and playground purposes. all in accordance with Section Al OG-38E. (3) from the Subdivision of Land. Code of the Town of Southold. /?,LJ'd/~~ ~T: ~- Southold Town c.~r.v October 27. 1989 . TELEPHONE (516) 765-1938 - Town Hall. 53095 Main Road P.O. Box 1179 Southold. New York 11971 PLANNING BOARD OFFICE TOWN OF SOUTHOLD October 23, 1989 aaMD OCTI23 1189 Judith Terry Town Clerk Southold, NY 11971 SouthoIA T^,.- """'" RE: Laurel Lane Estates SCTM #1000-129-1-1 Dear Mrs. Terry: The Planning Board is referring this subdivision to the Town Board pursuant to Section 106-38 E (3) for a determination on the amount of money to be deposited with the Town in lieu of land for Park and Playground. If you have any questions, please do not hesitate to contact this office. ":.. Very truly yours, 'e~~. CHAIRMAN jt ---- ----- - .._--, ....."........ I ~., MVU'''',t.U t-'UHSUANli -- ......."- I IV,.., 0:::01 U~ THE TOWN LAW ~T1CLE XVIII OF THE CODE OF THE TOWN OF SOUTHOLD.- ... THE DIMENSIONAL REOUIREMENTs FOR ALL LOTS SHALL CONFORM THE"R-40" RESIDENTIAL LOW DENSITY AA ZONING USE DISTRICT. " I HEREBY CERTIFY THAT THIS MAP WAS MADE BY US FROM ACTUAL SURVEYS COMPLETED JULY 13, 1989 AND THAT ALL CONCRETE MONUMENTS SHOWN THUS: . HEREON ACTUALLY EXIST AND THEIR POSITIONS CORRECTLY SHOWN AND ALL DIMENsl.ONAL AND GEODETIC DETAILS ARE CORRECT." J ~- " AA./ i;; "'-X HOWARD W. YOUNG, .Y.S. ~.S. LIC. NO. 45893 THIS IS TO CERTIFY THAT THIS SUBDIVISION PLAN HAS BEEN APPROVED BY THE PLANNING BOARD OF SOUTHOLD BY RESOLUTION DATED BY CHAIRMAN, PLANNING BOARD DATE: THE LOT LINES OF SUBDIVISION MAPS AS FILED, CANNOT BE ALTERED WITHOUT PERMISSION FROM THE PLANNING BOARD, AND LOTS MUST BE SOLD AS SHOWN ON THE SUBDIVISION MAP. SITE DATA: I. TOTAL AREA = 55.4756 ACRES 2. TOTAL NO. OF LOTS = 24 3. ZONING USE DISTRICT: 'R -80' RESIDENTIAL LOW DENSITY A MAP OF LAUREL AT LAUREL TOWN OF SOUTHOLD SUFFOLK COUNTY, N.Y. LANE ESTATES r;-;"!T'i :: 'fT.:: .r~ \ lid[~~ ~~~;9c II --..,......_~. ~ SiJUTHOLD 101.;--1 PLAflJrJlj"!G B(~I,'r> J DATE: JULYI3,I989 50 0 50 100 SCALE: I". 100' NO. 87 - 1179 NAS .~.._- \ , l._L ,1-. l -- ---r---- . - ------- r I . !i--t-- ------+-. -+- --+-- ~ / LANE LAUREL LANE \ m o ~ r ~ L . ~ o a-- L. ----~ LOCATION MAP SCALE. I "= 600' PROPERTY L IHE ~ " ~ .. --- -. ~ " C ,. " TOWN F SOUTH LD TOWN OF RIVERHEAD '" .. -<. THE WATER SUPPLY AND SEWAGE DISPOSAL FACILITIES FOR ALL LOTS IN THIS DEVELOPMENT COMPLY WITH THE STANDARDS AND REQUIREMENTS OF THE SUFFOLK COUNTY DEPARTMENT OF tiEALTH. :~~~ , T ----- IG z :; . . . . I/--..r ...~ V HOWARD W. Y NG, N.".S. L.S. L1C. NO. 4e893 .. I u~lO~av "~nT.r-v ............. _..._ _. ._ __.._...