525 Water Terrace

525 Water Terrace has been categorized by the local assessors in Southold, NY as a residential type of property. The area measurement of the land has been determined as 30,056 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 525 Water Terrace was last sold in Mar 29, 2012 for $500,000. Prior to that sales transaction, the property was sold for $112,500 in Jan 18, 2000. Current property owners are expected to pay $10,207 in taxes per year. The property on 525 Water Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $7,200. To break that down further, the land itself was valued at $1,200. While improvements to the property were assessed at a total of $6,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.