HomeMy WebLinkAboutLaurel Lane Estates Park & Playground
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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.
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Southold Town Z.~rf
March 15, 1990
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FfrstlOwne,
~alty.l,
MAIN ROAO
SOUTHOLO, NEW YORK 11971
15161 765-2286
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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"
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FfrstlOwne,
~alty')
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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
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In the Matter of )
The Town of Southold )
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State of New York
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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.
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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.
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Suffolk County Tax Map Number: 1000-129-1-1
Southold Town Taxes 1989 - 1990: $8,290.64
Property is zoned residential.
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Lewis L. Edson
Licensed Real Estate Broker
Subscribed to and sworn to before
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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_
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SUBJECT-PROPERTY
SUBJECT PROPERTY
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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.
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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.
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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.
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cc: Planning Board
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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
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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.
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Southold Town c.~r.v
October 27. 1989
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TELEPHONE
(516) 765-1938
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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
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-- ......."- 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."
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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
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SiJUTHOLD 101.;--1
PLAflJrJlj"!G B(~I,'r>
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DATE: JULYI3,I989
50 0 50 100
SCALE: I". 100'
NO. 87 - 1179
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LAUREL
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LOCATION MAP
SCALE. I "= 600'
PROPERTY L IHE
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TOWN F SOUTH LD
TOWN OF RIVERHEAD
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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.
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HOWARD W. Y NG, N.".S. L.S. L1C. NO. 4e893
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