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25 Parkside Avenue

25 Parkside Avenue, Southampton, NY 11968
House in Southampton
Sold Dec 09, 2016
$3,000,000
$2,500,000 by Valley National Bank
Mortgage Due Sep 01, 2051
Sold Jul 16, 2015
$740,000
25 Parkside Avenue 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 2017 and is 7 years old. The home has a total of 6 bedrooms. In addition, 25 Parkside Avenue has 5,024 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 111,514 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. Love to swim? You'll be excited to find out that there is a pool on the property. Finally, the property is currently sourcing its water from none system. 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, 25 Parkside Avenue was last sold in Nov 7, 2016 for $3,000,000. According to our calculations, that's $597.13 per sqft. Prior to that sales transaction, the property was sold for $740,000 in May 12, 2015. Current property owners are expected to pay $17,220 in taxes per year. The property on 25 Parkside Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,515,500. To break that down further, the land itself was valued at $697,200. While improvements to the property were assessed at a total of $2,818,300. 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.

Building Features

Condition

New Construction

Parking

Garage Parking
Private Parking
Attached Garage
Attached Garage: 2 Spaces

Location

Cul-De-Sac Lot
Private Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 6
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 111,514
  • Total Building Area: 5,024
  • Building Area: 5,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: OCEAN VIEW PARK
  • Land Acres: 2.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK N LOT P/O 12

Ownership

  • Current Owner : GORDON SCOTT
  • Current Owner 2: GORDON ERIKA
  • Previous Owner : JAB HAMPTONS LLC
  • Owner Before Previous Owner: GAZZA JOSEPH FREDERICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190713

Zoning

  • Zoning: CR200

Geography

  • Assessors Map Reference: MAP 105
  • District: 0900-0
  • Section: 45.00
  • Parcel: 0900-045.00-02.00-077.003
  • Block: 2
  • Lot: 77.003
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9462
  • Longitude: -72.3844

    Address

  • Full Address: 25 Parkside Ave
  • Address - House Number: 25
  • Address - Street Name: Parkside
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Southampton
  • Carrier Code: R002
  • 4-Digit Zip Code: 1807
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,220
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 2,160,087
  • High Value: 2,624,053
  • Low Value: 1,696,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $5,058,273
  • Market Land Value: $1,003,165
  • Market Improvement Value: $4,055,108

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,515,500
  • Assessed Land Value: $697,200
  • Assessed Improvements Value: $2,818,300

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Transaction ID: 1806277035
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jul 16, 2015
  • Previous Sale Contract Date: May 12, 2015
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Dec 09, 2016
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About North Sea



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Frequently Asked Questions

What neighborhood is 25 Parkside Avenue located in?
The 25 Parkside Avenue is a house located in the neighborhood of Southampton in North Sea, Southampton.
What is the average sales price for listings in 25 Parkside Avenue?
The average sales price for units in 25 Parkside Avenue is $0 currently.

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