Sold Jul 21, 2005
$1,800,000
Buyer
Seller
$7,000,000
by Morgan Stanley Credit Corp
Mortgage Due Aug 01, 2052
Sold Aug 06, 2003
$1,300,000
Buyer
Seller
$975,000
by Washington Mutual Bank Fa
Mortgage Due Aug 01, 2033
Local assessors in Sagaponack, NY have categorized 457 Parsonage Lane as a residential type of property.
The home was built in 2018 and is 6 years old.
The property's lot size has been calculated to be 68,389 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom.
As for the restroom situation, there are 2 full bathrooms.
There are also 2 partial bathrooms.
If we look only at the heated or air conditioned part of the building, then 457 Parsonage Lane has a total of 4,876 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 457 Parsonage Lane sold most recently in Jul 21, 2005 for a total of $1,800,000. If you work out the math, that's approximately a cost of $369.16 per sqft. Before that, the property was also sold for $1,300,000 in Jul 10, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 457 Parsonage Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,371,615. If we break it down further, the land itself was valued at $6,333,300. Improvements to the property, however, were assessed at a total of $2,038,315. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 457 Parsonage Lane sold most recently in Jul 21, 2005 for a total of $1,800,000. If you work out the math, that's approximately a cost of $369.16 per sqft. Before that, the property was also sold for $1,300,000 in Jul 10, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 457 Parsonage Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,371,615. If we break it down further, the land itself was valued at $6,333,300. Improvements to the property, however, were assessed at a total of $2,038,315. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.