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225 Downs Path

225 Downs Path, Southampton, NY 11968
Property in Southampton
Sold Jun 16, 2004
$2,212,500
$1,770,000 by United States Trust Co Of Ny
Mortgage Due Jul 01, 2034
Sold May 13, 1994
$640,000
225 Downs Path in Southampton, NY was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 225 Downs Path has 3,714 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,800 sqft and has been categorized as a full basement. In total, the area measurement of the land is 60,113 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 968 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 225 Downs Path was last sold in Jun 3, 2004 for $2,212,500. According to our calculations, that's $595.72 per sqft. Prior to that sales transaction, the property was sold for $640,000 in Apr 29, 1994. Current property owners are expected to pay $21,242 in taxes per year. The property on 225 Downs Path was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,988,800. To break that down further, the land itself was valued at $3,822,400. While improvements to the property were assessed at a total of $1,166,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,800
  • Garage Type: Attached
  • Garage Square Area: 968
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 3,714
  • Building Area: 3,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,714
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WICKAPOGUE FARMS
  • Land Acres: 1.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 8

Ownership

  • Current Owner : PAL RITANKAR
  • Previous Owner : RICH R BRUCE
  • Previous Owner 2: RICH MELISSA SAXE
  • Owner Before Previous Owner: CHRISTODOULOU JAMES P
  • Owner Before Previous Owner 2: CHRISTODOULOU PATRICIA K
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190801

Zoning

  • Zoning: VILLA

Geography

  • Assessors Map Reference: MAP 6970
  • District: 0904-0
  • Section: 20.00
  • Parcel: 0904-020.00-02.00-027.014
  • Block: 2
  • Lot: 27.014
  • Municipality: SOUTHAMPTON
  • Latitude: 40.891
  • Longitude: -72.3659

    Address

  • Full Address: 225 Downs Path
  • Address - House Number: 225
  • Address - Street Name: Downs
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Southampton
  • Carrier Code: R002
  • 4-Digit Zip Code: 3012
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,242
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 2,133,330
  • High Value: 2,627,122
  • Low Value: 1,639,537

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,770,000
  • First Open Lien Mortgage Lender: UNITED STATES TRUST CO OF NY
  • First Open Lien Mortgage Recording Date: Jun 16, 2004
  • First Open Lien Mortgage Loan Amount: $1,770,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2034

    Market Valuation

  • Market Total Value: $7,558,788
  • Market Land Value: $5,791,515
  • Market Improvement Value: $1,767,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,988,800
  • Assessed Land Value: $3,822,400
  • Assessed Improvements Value: $1,166,400

    Sales

  • Current Sale Contract Date: Jun 03, 2004
  • Current Sale Recording Date: Jun 16, 2004
  • Current Sale Transaction ID: 1169460088
  • Current Sale Price: $2,212,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: May 13, 1994
  • Previous Sale Contract Date: Apr 29, 1994
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES TRUST CO OF NY
  • First Mortgage Transaction Date: Jun 16, 2004
  • First Mortgage Loan Amount: $1,770,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2034

About Southampton



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 225 Downs Path located in?
The 225 Downs Path is a located in the neighborhood of Southampton in Southampton, Southampton.
What is the average sales price for listings in 225 Downs Path?
The average sales price for units in 225 Downs Path is $0 currently.

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