425 Lake Dr Southold, NY 11971
North Fork Neighborhood
3
Beds
1
Bath
1,200
Sq Ft
0.37
Acres
Highlights
- Lake Front
- Ranch Style House
- Double Pane Windows
- Deck
- 1 Fireplace
- Combination Dining and Living Room
About This Home
As of November 2024Find serenity at Great Pond! The best of two waterfronts - Lake and Sound. The house has 100 feet of lakefront and is a block from Kenney's Beach on the Sound. This light filled ranch is the perfect place to relax and renew. It features a living/dining space with a picture perfect view of the pond. Location is the key! The Basics - Kitchen, LR/DR w/Fireplace, three bedrooms and a bath, plus wrap-around deck and outdoor shower. The Intangibles - Relaxing in a hammock by the pond and living the dream!
Last Agent to Sell the Property
Century 21 Albertson Realty Brokerage Phone: 631-477-2730 License #40RO1179621 Listed on: 05/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,642
Year Built
- Built in 1955
Lot Details
- 0.37 Acre Lot
- Lake Front
- Northwest Facing Home
- Level Lot
- Zoning described as 21
Home Design
- Ranch Style House
- Block Exterior
- HardiePlank Type
Interior Spaces
- 1,200 Sq Ft Home
- 1 Fireplace
- Double Pane Windows
- Combination Dining and Living Room
- Wall to Wall Carpet
- Crawl Space
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Private Parking
- Driveway
Outdoor Features
- Deck
Schools
- Southold Elementary School
- Southold Junior-Senior High Middle School
- Southold Junior-Senior High School
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Cesspool
Listing and Financial Details
- Legal Lot and Block 5 / 59
- Assessor Parcel Number 1000-059-00-05-00-021-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Nov 12, 2024
Sold by
Lynn Faught Lt and Faught
Bought by
Pressler Glenn and Ressler Nicole A
Seller's Agent
Julia Robins
Century 21 Albertson Realty
Buyer's Agent
Robert Wilner
Douglas Elliman Real Estate
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Total Days on Market
91
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$550,000
Outstanding Balance
$545,960
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$463,585
Purchase Details
Closed on
Jun 26, 2015
Sold by
Faught Harry H + Lynn G
Bought by
Faught Lynn and Lynn Faught Living Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $950,000 | None Available | |
| Deed | $950,000 | None Available | |
| Bargain Sale Deed | -- | Fidelity National Title Ins | |
| Bargain Sale Deed | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | Purchase Money Mortgage | |
| Closed | $550,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $12,000 | +20.0% | $10 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $10,000 | -16.7% | $8 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $12,000 | -8.4% | $10 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $13,100 | +0.8% | $11 / Sq Ft |
| 05/16/2025 05/16/25 | For Rent | $13,000 | 0.0% | -- |
| 11/12/2024 11/12/24 | Sold | $950,000 | -4.8% | $792 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $998,000 | -9.1% | $832 / Sq Ft |
| 06/19/2024 06/19/24 | Price Changed | $1,098,000 | -8.5% | $915 / Sq Ft |
| 05/23/2024 05/23/24 | For Sale | $1,200,000 | -- | $1,000 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,642 | $5,200 | $900 | $4,300 |
| 2023 | $7,642 | $5,200 | $900 | $4,300 |
| 2022 | $7,470 | $5,200 | $900 | $4,300 |
| 2021 | $7,229 | $5,200 | $900 | $4,300 |
| 2020 | $7,150 | $5,200 | $900 | $4,300 |
| 2019 | $7,150 | $0 | $0 | $0 |
| 2018 | $6,663 | $5,200 | $900 | $4,300 |
| 2017 | $6,888 | $5,200 | $900 | $4,300 |
| 2016 | $6,837 | $5,200 | $900 | $4,300 |
| 2015 | -- | $5,200 | $900 | $4,300 |
| 2014 | -- | $5,200 | $900 | $4,300 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Wilner
Seller's Agent in 2025
Robert Wilner
Douglas Elliman Real Estate
(631) 653-6700
3 in this area
18 Total Sales
-
Julia Robins
J
Seller's Agent in 2024
Julia Robins
Century 21 Albertson Realty
6 in this area
7 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3553828
APN: 1000-059-00-05-00-021-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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