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529 Montauk Highway

529 Montauk Highway, Southampton, NY 11968
Property in Southampton
Sold Jul 28, 2016
$685,000
$513,750 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2046
Sold Mar 28, 2016
$380,000
$450,000 by Sugar Magnolia Funding Llc
Mortgage
Local assessors in Southampton, NY have categorized 529 Montauk Highway as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 41,818 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern 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, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 529 Montauk Highway has a total of 2,312 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 none system. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 29, 2016 for $685,000. That's $296.28 per sqft. Prior to that sales transaction, the property was also sold in Mar 14, 2016 for $380,000. 529 Montauk Highway was last assessed in 2023. The total value of the property was assessed at $701,300. Specifically, the land the property is located on was valued at $365,900. While improvements on the property were assessed at a total of $335,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,976. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 2,312
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,312
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BELESIS AT SHINNECOC
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 1

Ownership

  • Current Owner : REXHA NEXHAT
  • Previous Owner : GOLDSTEIN BARRY
  • Owner Before Previous Owner: DELAURA BRIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tuckahoe Common School District
  • School Tax School District: TUCKAHOE COMMON
  • Census Tract: 190709

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: MAP 10820
  • District: 0900-2
  • Section: 209.00
  • Parcel: 0900-209.00-03.00-096.003
  • Block: 3
  • Lot: 96.003
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8858
  • Longitude: -72.4698

    Address

  • Full Address: 529 Montauk Hwy
  • Address - House Number: 529
  • Address - Street Name: Montauk
  • Address - Suffix Type: Hwy
  • State: NY
  • City Name: Southampton
  • Carrier Code: C002
  • 4-Digit Zip Code: 4112
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,976
  • Tax Rate Code Area: 473613

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 1,101,833
  • High Value: 1,374,051
  • Low Value: 829,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $513,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 28, 2016
  • First Open Lien Mortgage Loan Amount: $513,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $1,009,065
  • Market Land Value: $526,475
  • Market Improvement Value: $482,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $701,300
  • Assessed Land Value: $365,900
  • Assessed Improvements Value: $335,400

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Jul 28, 2016
  • Current Sale Transaction ID: 1754008894
  • Current Sale Price: $685,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 14, 2016
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 28, 2016
  • First Mortgage Loan Amount: $513,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SUGAR MAGNOLIA FUNDING LLC
  • Previous Mortgage Transaction Date: Mar 28, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 529 Montauk Highway located in?
The 529 Montauk Highway is a located in the neighborhood of Southampton in Shinnecock Hills, Southampton.
What is the average sales price for listings in 529 Montauk Highway?
The average sales price for units in 529 Montauk Highway is $0 currently.

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