Seller's Agent in 2020
Barry Novick
Daniel Gale Sotheby's
(631) 734-5439
38 in this area
57 Total Sales
480 Terry Ln Southold, NY 11971
North Fork NeighborhoodEstimated Value: $669,747 - $958,000
2
Beds
1
Bath
710
Sq Ft
$1,141/Sq Ft
Est. Value
Highlights
- Beach Access
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Property is near public transit
- Wood Flooring
- 1-minute walk to Founders Landing Park
About This Home
As of December 2020Charming Cottage - Southold - Founders Landing. Sweet 2 bedroom, 1 bath cottage. Quintessential beach community. Located on tree-lined Terry Lane with bay beaches at either end of the road and a deep water marina less than one block away with direct access to the open bay. Kick off your shoes and get your toes in the sand! Your own cozy retreat with a spacious kitchen and dining room with vaulted ceiling is waiting. Deep fenced backyard. A special beach cottage to enjoy as is or expand. Just a stone's throw from shopping, restaurants, cafes and NYC transportation.
Last Agent to Sell the Property
Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-734-5439 License #30NO0793826 Listed on: 10/09/2020
Co-Listed By
Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-734-5439 License #10301201665
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,263
Year Built
- Built in 1967
Lot Details
- 8,276 Sq Ft Lot
- South Facing Home
- Back Yard Fenced
- Level Lot
Home Design
- Cottage
- Frame Construction
Interior Spaces
- 710 Sq Ft Home
- Cathedral Ceiling
- Wood Flooring
- Basement Fills Entire Space Under The House
- Oven
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Private Parking
- Driveway
Outdoor Features
- Beach Access
- Patio
Location
- Property is near public transit
Schools
- Southold Elementary School
- Southold Junior-Senior High Middle School
- Southold Junior-Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Park
Listing and Financial Details
- Legal Lot and Block 8 / 1
- Assessor Parcel Number 1000-065-00-01-00-008-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 11, 2018
Sold by
Rutsch Vera and Rutsch Nina E
Bought by
Rutsch Vera and Bey Saadiq
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$168,733
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$641,204
Purchase Details
Closed on
May 24, 2007
Sold by
Marschean Peter J
Bought by
Rutsch Nian E
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rutsch Vera | $98,750 | -- | |
| Rutsch Nian E | $365,000 | J Kevin Mclaughlin |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rutsch Vera | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $505,500 | -3.7% | $712 / Sq Ft |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- |
| 10/09/2020 10/09/20 | For Sale | $525,000 | -- | $739 / 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 | $4,556 | $3,100 | $500 | $2,600 |
| 2023 | $4,556 | $3,100 | $500 | $2,600 |
| 2022 | $4,453 | $3,100 | $500 | $2,600 |
| 2021 | $4,309 | $3,100 | $500 | $2,600 |
| 2020 | $4,263 | $3,100 | $500 | $2,600 |
| 2019 | $4,263 | $0 | $0 | $0 |
| 2018 | $3,972 | $3,100 | $500 | $2,600 |
| 2017 | $4,106 | $3,100 | $500 | $2,600 |
| 2016 | $4,076 | $3,100 | $500 | $2,600 |
| 2015 | -- | $3,100 | $500 | $2,600 |
| 2014 | -- | $3,100 | $500 | $2,600 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Novick
-
Nancy Cervelli
Seller Co-Listing Agent in 2020
Nancy Cervelli
Daniel Gale Sotheby's
49 in this area
73 Total Sales
-
Cathleen Dolson
C
Buyer's Agent in 2020
Cathleen Dolson
Corcoran
(631) 645-7674
10 in this area
13 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3260018
APN: 1000-065-00-01-00-008-000
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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.
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