by RH Advisors

See Home Value
Noyack 11963
25 Margaret Drive
$1,500,000
House - Off Market

25 Margaret Drive

Sag Harbor, NY 11963
bedrooms
2 Beds
bathrooms
2 Baths
$1,713,180
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Minutes to Sag Harbor Village, lies this opportunity to further renovate or build your own custom home to suit your needs. Located on a quiet cul-de-sac, within close proximity to Serene Green, Long Beach and all that the East End has to offer. Situated on .7 +/- acres, that is fully clearable, let your imagination run wild. This residence has 2 bedrooms and 2 baths, living room with fireplace, kitchen open to full dining area. The lower level has a one car garage and lots of unfinished space with egress to the rear of the property. The current structure could be enjoyed as is, expanded, or a new home can be built up to 6,000 +/- sf, with additional room for a pool and pool house. Landscaping and architectural renovation plans are available upon request. Great investment opportunity!
Unit Size
-
Days on Market
35 days
Land Size
0.68 acres
Price per sqft
-
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1992
Last updated: 12 months ago (OneKey MLS #3469700)

Price History

Date / Event Date Event Price
May 12, 2023 Sold $1,500,000
Sold
Apr 20, 2023 In contract -
In contract
Apr 7, 2023 Listed by Douglas Elliman Real Estate $1,700,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,288
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: HILLTOP ESTATES
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 3

Ownership

  • Current Owner : EAST HDG LLC
  • Previous Owner : MAGNETIC MAGGIE LLC
  • Owner Before Previous Owner: LOUISE M GALLO IRT
  • Owner Before Previous Owner 2: GALLO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sag Harbor Union Free School District
  • School Tax School District: SAG HARBOR
  • Census Tract: 190711

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: MAP 5253
  • District: 0900-0
  • Section: 24.00
  • Parcel: 0900-024.00-01.00-045.000
  • Block: 1
  • Lot: 45.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9818
  • Longitude: -72.321

    Address

  • Full Address: 25 Margaret Dr
  • Address - House Number: 25
  • Address - Street Name: Margaret
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Sag Harbor
  • Carrier Code: R004
  • 4-Digit Zip Code: 2915
  • Zip Code: 11963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,568
  • Tax Rate Code Area: 472405

    Appraisal Valuation

  • Standard Deviation: 0.2715
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 1,295,483
  • High Value: 1,647,244
  • Low Value: 943,723

    Market Valuation

  • Market Total Value: $934,389
  • Market Land Value: $637,842
  • Market Improvement Value: $296,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,400
  • Assessed Land Value: $443,300
  • Assessed Improvements Value: $206,100

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11921172321
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 08, 2023
  • Previous Sale Contract Date: Feb 10, 2023
  • Previous Sale Amount: $999,999
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS BANK
  • Previous Mortgage Transaction Date: May 08, 2023
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $99,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
-
$1,300,000 Aug 11, 2019
$1,300,000 Nov 1, 2019
$497/mo
House
4 Beds
3 Baths
-
$1,512,000 Jun 14, 2021
$1,512,000 Apr 4, 2022
$380/mo
House
4 Beds
3 Baths
-
$1,695,000 May 9, 2023
-
$457/mo
House
4 Beds
3 Baths
1,830 ft²
$926/ft²
$1,695,000 Apr 25, 2023
-
-
House
4 Beds
3 Baths
-
$1,950,000 Nov 7, 2022
-
-

About Noyack


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Nearby Rentals



Frequently Asked Questions

When was property at 25 Margaret Drive built and last sold?
The property at 25 Margaret Drive was built in 1992 and last sold on May 12, 2023 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 25 Margaret Drive is $1,717,000.
What are some comparable homes to 25 Margaret Drive?
Homes that are comparable to 25 Margaret Drive include a house property at 871 Brick Kiln Road, 146 Stoney Hill Road, 21 Parkway Drive.

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