Sold Dec 09, 1997
$100,000
Seller
$508,900
by Hsbc Bank Usa
Mortgage Due Aug 01, 2047
50 East Street has been categorized by the local assessors in Southampton, NY as a residential type of property.
The building on the property was first built in 2001 and is 23 years old.
The home has a total of 2 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 50 East Street has 1,553 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 9,583 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 50 East Street was last sold in Oct 31, 1997 for $100,000. According to our calculations, that's $48.64 per sqft. Current property owners are expected to pay $4,054 in taxes per year. The property on 50 East Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $697,000. To break that down further, the land itself was valued at $431,700. While improvements to the property were assessed at a total of $265,300. 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. 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!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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 50 East Street was last sold in Oct 31, 1997 for $100,000. According to our calculations, that's $48.64 per sqft. Current property owners are expected to pay $4,054 in taxes per year. The property on 50 East Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $697,000. To break that down further, the land itself was valued at $431,700. While improvements to the property were assessed at a total of $265,300. 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. 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!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.
50 East Street, Southampton, NY 11968
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