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8 Shady Path

8 Shady Path, Bridgehampton, NY 11932
House in Southampton
Sold Aug 26, 2022
$6,400,000
$4,480,000 by Bank Of America Na
Mortgage Due Aug 26, 2052
Sold Jan 24, 2018
$1,850,000
Local assessors in Bridgehampton, NY have categorized 8 Shady Path as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 45,738 square feet. 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, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 8 Shady Path has a total of 6,440 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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, 8 Shady Path was last sold in Aug 3, 2022 for $6,400,000. According to our calculations, that's $993.79 per sqft. Prior to that sales transaction, the property was sold for $1,850,000 in Oct 4, 2017. Current property owners are expected to pay $0 in taxes per year. The property on 8 Shady Path was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,153,800. To break that down further, the land itself was valued at $1,104,900. While improvements to the property were assessed at a total of $3,048,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Attached Garage

Exterior

Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 7
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 6,440
  • Building Area: 6,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FAIR HILLS
  • Land Acres: 1.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK LOT 9

Ownership

  • Current Owner : NIDITCH DANIELA
  • Current Owner 2: NIDITCH STEVEN
  • Previous Owner : LAMBROU LAMBROS
  • Previous Owner 2: LAMBROU TERRI M
  • Owner Before Previous Owner: RETAINED REALTY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bridgehampton Union Free School District
  • School Tax School District: BRIDGEHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: CR80

Geography

  • Assessors Map Reference: MAP 10515
  • District: 0900-0
  • Section: 39.00
  • Parcel: 0900-039.00-01.00-049.009
  • Block: 1
  • Lot: 49.009
  • Municipality: SOUTHAMPTON
  • Latitude: 40.967
  • Longitude: -72.3158

    Address

  • Full Address: 8 Shady Path
  • Address - House Number: 8
  • Address - Street Name: Shady
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Bridgehampton
  • Zip Code: 11932

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473609

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 3,901,485
  • High Value: 4,849,277
  • Low Value: 2,953,693

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,480,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 26, 2052

    Market Valuation

  • Market Total Value: $5,976,690
  • Market Land Value: $1,589,784
  • Market Improvement Value: $4,386,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,153,800
  • Assessed Land Value: $1,104,900
  • Assessed Improvements Value: $3,048,900

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11916874786
  • Current Sale Price: $6,400,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 24, 2018
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 26, 2022
  • First Mortgage Loan Amount: $4,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Bridgehampton



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Frequently Asked Questions

What neighborhood is 8 Shady Path located in?
The 8 Shady Path is a house located in the neighborhood of Southampton in Bridgehampton, Bridgehampton.
What is the average sales price for listings in 8 Shady Path?
The average sales price for units in 8 Shady Path is $5,299,000 , or $582/sqft. currently.

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