Transaction Highlights, July 25


By The Numbers

Recorded Transactions for East Hampton and Southampton towns from June 10 to June 14 total 74, including five vacant land transfers. Not including vacant land transfers, the average price was $1,352,213 and the median price was $925,000. The most expensive home, on 289 Dune Road, in Westhampton, sold for $5 million, and the least expensive, on 8 Elizabeth Avenue, in Hampton Bays, sold for $150,000.

What They Bought: Prices Ranging From $990,000 To $1,200,000

5 Scrimshaw Drive, Southampton

Sold for $1.2 million on April 29, 2013

Southampton Town

Southampton School District

Property Taxes: $4,763

Built in 1988

This home was originally listed in October 2012 for just under $1.3 million. Previously, the property sold in 1985 for $150,000 and resold in 1988 for $90,000.

Located near the Whalebone Landing area in North Sea, with private beach access and community tennis, this 4,000-square-foot traditional sits on a .95-acre corner lot. Inside the home there’s a spacious and sunny open floor plan, living room skylights, 5 bedrooms and 4½ baths, plus a one-bedroom, one-bath apartment above the garage. The second floor rooms have balcony access that overlook a wooded backyard area with a pool, large sun deck and bocce court.

10 Cricket Path, Remsenburg

Sold for $995,000 on May 29, 2013

Southampton Town

Remsenburg-Speonk School District

Property Taxes: $9,223

Built 1987

This home was originally listed in April 2012 for just under $1.5 million. The listing price was dropped in August 2012 to $1.25 million. The property previously sold for $1.2 million in 2010. An historical analysis shows the property sold for $108,000 in March 1986.

With a right-of-way to Moriches Bay, this 3,000-square-foot contemporary sits on 1.2 private acres of lush lawn with room to add a tennis court. The home features cathedral ceilings, many skylights, four bedrooms, three baths, a living room with fireplace, media room, jacuzzi and a studio that overlooks a 20-foot-by-40-foot heated pool and pool house. The property fronts on an inlet, with a gated entrance to the water and a mooring available for up to a 25-foot boat.

9 Bearing East Road, East Hampton

Sold for $990,000 on June 6, 2013

East Hampton Town

East Hampton School District

Taxes: $5,889.38

Built 1976

This home was sold as a “handyman special” in January 2012 for $525,000. After renovation, which included the addition of a pool, the house was re-listed in January of this year for $1,120,00.

Located in a beachfront community in Northwest Woods near Cedar Point Park, this home is a 1,700-square-foot traditional situated on just over an acre of woods.

The home boasts three bedrooms and two baths, plus an outdoor patio area with mahogany decking, a 15-foot-by-45-foot heated Gunite saltwater pool and an 8-foot-by-8-foot spa with sun deck. Renovations have resulted in a light and bright modern look with an open floor plan and a spacious master suite that occupies the entire second level.

Courtney Ratcliffe is the Director of Communications and Brand Management for Douglas Elliman Real Estate and works out of the Bridgehampton office. Reach her at 537-6801.

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