NOT LISTED FOR SALE

507 Old Montauk Hwy Montauk, NY 11954

Montauk Neighborhood

Estimated Value: $2,062,000 - $3,462,171

2 Beds
2.5 Baths
1,900 Sq Ft
$1,384/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $2,650,000 $1,395 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $15,251/month

396 Days on Market

Highlights

  • Post and Beam
  • 1 Fireplace
  • Baseboard Heating
  • Montauk School Rated A
  • Ductless Heating Or Cooling System

About This Home

As of December 2021

This home has AMAZING unobstructed waterfront views. Property is prime desired location in Hither Hills section located on Old Montauk Hwy across the street from beach. House boasts 3 levels. First level includes garage, full bath, laundry w/storage & utility. Main living level has Kitchen, dining area, den, Master Bedroom, Full Bath, Sunroom (could also be 3rd bedroom). Top level is large loft (2nd bedroom area) has 1/2 bath. Beautiful lot with in-ground swimming pool. Decks for enjoying sunrise & sunset views & large patio area for entertaining.

Last Agent to Sell the Property

Donna doner

Signature Referrals LLC License #10401262108 Listed on: 08/13/2020

Signature Referrals LLC

Co-Listed By

Amy Pfister

Signature Premier Properties License #10401274691

Last Buyer's Agent

Linda Mallinson

Douglas Elliman Real Estate License #30MA0861986

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 130x100

Home Design

  • Post and Beam

Interior Spaces

  • 1,900 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • No Attic

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Montauk Elementary And Middle School
  • East Hampton High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Water Heated By Indirect Tank
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 15 / 0002
  • Assessor Parcel Number 0300-069-00-02-00-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1974
  • New Construction: No
  • Attribution Contact: 631-585-8400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1900.00
  • Kitchens: 1
  • Square Footage: 1900.00

Exterior Features

  • Construction Materials: Post and Beam
  • Flood Zone Date: 2020-10-04
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Hot Water: Indirect Tank
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Montauk School
  • Middle School: Montauk School
  • High School: East Hampton High School
  • Middle School: Montauk School

Lot Info

  • Lot Size Acres: 0.3000
  • Lot Size Area: 0.3000
  • Lot Dimensions: 130x100
  • Lot Size Sq Ft: 13000.00
  • Lot Size Units: Acres
  • Parcel Number: 0300-069-00-02-00-015-000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2021-12-13
  • Tax Annual Amount: 6975.00
  • Tax Block: 0002
  • Tax Lot: 15
  • Tax Map Number: 0300-069-00-02-00-015-000

MLS Schools

  • Elementary School: Montauk School
  • High School: East Hampton High School
  • Middle School District: Montauk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 13, 2021
Sold by
Castellano Jacqueline
Bought by
Seaview Mtk Properties 2
Seller's Agent
Donna doner
Signature Referrals LLC
Buyer's Agent
Linda Mallinson
Douglas Elliman Real Estate
List Price
$3,500,000
Sold Price
$2,650,000
Premium/Discount to List
-$850,000
-24.29%
Current Estimated Value
$2,676,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,925
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Apr 22, 1998
Sold by
American Holdings Llc
Bought by
Castellano Michael and Castellano Jacqueline
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seaview Mtk Properties 2 -- None Available
Castellano Michael $350,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $2,650,000 -11.7% $1,395 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $2,999,999 -14.3% $1,579 / Sq Ft
08/13/2020 08/13/20 For Sale $3,500,000 -- $1,842 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $7,982 $6,975 $1,200 $5,775
2023 $0 $6,975 $1,200 $5,775
2022 $6,768 $6,975 $1,200 $5,775
2021 $6,768 $6,975 $1,200 $5,775
2020 $6,744 $6,975 $1,200 $5,775
2019 $6,744 $0 $0 $0
2018 $6,785 $6,975 $1,200 $5,775
2017 $6,785 $6,975 $1,200 $5,775
2016 $6,742 $6,975 $1,200 $5,775
2015 -- $6,975 $1,200 $5,775
2014 -- $6,975 $1,200 $5,775
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Donna doner

    Signature Referrals LLC

    Section Image
  • Amy Pfister

    Seller Co-Listing Agent in 2021

    Amy Pfister

    Signature Premier Properties

    (631) 463-7590

    1 in this area

    24 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Linda Mallinson

    Douglas Elliman Real Estate

    2 in this area

    2 Total Sales

    Section Image

  • K

    Buyer Co-Listing Agent in 2021

    Kim Fagerland

    Douglas Elliman Real Estate

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3242539

OneKey® MLS

APN: 0300-069-00-02-00-015-000

New York Suffolk County Montauk 11954 Montauk

507 Old Montauk Hwy, Montauk, NY

This home is located at 507 Old Montauk Hwy, Montauk, NY 11954 since 13 August 2020 and is currently estimated at $2,630,293, approximately $1,384 per square foot. This property was built in 1974. 507 Old Montauk Hwy is a home located in Suffolk County with nearby schools including Montauk School.

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