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7400 Main Road

7400 Main Road, East Marion, NY 11939
Property in Southold
Sold Nov 06, 2013
$500,000
$400,000 by Quontic Bank
Mortgage Due Nov 01, 2043
7400 Main Road has been categorized by the local assessors in East Marion, NY as a residential type of property. The area measurement of the land has been determined as 23,087 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. 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, 7400 Main Road sold most recently in Oct 23, 2013 for a total of $500,000. 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 $5,091 in taxes each year. 7400 Main Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,000. If we break it down further, the land itself was valued at $700. Improvements to the property, however, were assessed at a total of $5,300. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOOK 1 PAGE 00056 BILL 003475

Ownership

  • Current Owner : PAPAMICHAEL GEORGE
  • Previous Owner : PAPASTEFANOU STEVE
  • Previous Owner 2: PAPASTEFANOU EDITH W

Neighborhood

  • School District Name: Oysterponds Union Free School District
  • School Tax School District: OYSTERPONDS
  • Census Tract: 170206

Zoning

  • Zoning: R-40

Geography

  • Account Number: 04
  • District: 1000-0
  • Section: 31.00
  • Parcel: 1000-031.00-06.00-030.000
  • Block: 6
  • Lot: 30.000
  • Municipality: SOUTHOLD
  • Latitude: 41.1233
  • Longitude: -72.3443

    Address

  • Full Address: 7400 Main Rd
  • Address - House Number: 7400
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: East Marion
  • Carrier Code: R001
  • 4-Digit Zip Code: 1504
  • Zip Code: 11939

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,091
  • Tax Rate Code Area: 473802

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,013,269
  • High Value: 1,255,776
  • Low Value: 770,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: QUONTIC BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2013
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Nov 01, 2043

    Market Valuation

  • Market Total Value: $10,526
  • Market Land Value: $1,228
  • Market Improvement Value: $9,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $700
  • Assessed Improvements Value: $5,300

    Sales

  • Current Sale Contract Date: Oct 23, 2013
  • Current Sale Recording Date: Nov 06, 2013
  • Current Sale Transaction ID: 1196016273
  • Current Sale Price: $500,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUONTIC BANK
  • First Mortgage Transaction Date: Nov 06, 2013
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

About East Marion



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Frequently Asked Questions

What neighborhood is 7400 Main Road located in?
The 7400 Main Road is a located in the neighborhood of Southold in East Marion, East Marion.
What is the average sales price for listings in 7400 Main Road?
The average sales price for units in 7400 Main Road is $0 currently.

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