NOT LISTED FOR SALE

1038 Norton Rd Unit NS Forestport, NY 13338

Estimated Value: $729,000 - $892,000

5 Beds
2 Baths
2,408 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $515,000 $214 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,430/month

62 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Built-In Refrigerator
  • Wood Flooring
  • Property is near a lake
  • Colonial Architecture
  • Furnished

About This Home

As of March 2021

This classic year-round built in 1929 offers the kind of craftsmanship and timeless beauty that only New England style homes can deliver. Sitting on .80 acres with 175 feet of shoreline, this is a rare find in the Otter Lake community. The living room, remodeled in 2009, shares a a lovely stone fireplace with the adjacent dining area while showcasing gorgeous waterfront views from its large window wall. French doors lead out to a front deck and walkway to a private boathouse with an upper patio built in 2009. Six bedrooms, two full baths, laundry room, and an open kitchen and dining area with a Franklin Stove offer ample room for entertaining or a growing family. Outdoor enthusiasts will enjoy the ease of access to the snowmobile and hiking trails, as well as all forms water-sports and recreation further enhanced by a private boat launch and swimming area. This offering includes the adjacent lot - Tax Map#2.003-2-69

Last Agent to Sell the Property

Marian Gilligan

Listing by TIMM ASSOCIATES SOTHEBY'S License #10401309864 Listed on: 11/18/2020

TIMM ASSOCIATES SOTHEBY'S

Last Buyer's Agent

NON MLS

Listing by Syracuse Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1929

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 180 x 175
  • 175 Feet of Waterfront
  • Rectangular Lot

Home Design

  • Colonial Architecture
  • Old Style Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Built-In Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Property is near a lake
  • Enclosed Patio or Porch

Schools

  • Town Of Webb High School

Utilities

  • Forced Air Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 2.003-2-68 and 2.003-2-69

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 1929

Lot Details

0

Listing Details

  • NY Swis Code: Forestport-303800
  • Total Assessed Value: 418000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 180
  • Lot Dimension Front: 175
  • Lot Information: Primary Road, Water View
  • Lot Number: 68
  • Lot Shape: Rectangular
  • Nearest Cross Street: State Route 28
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 643750.00
  • Ratio Close Price By Sq Ft: 213.87
  • Ratio List Price By Acres: 724998.75
  • Ratio List Price By Sq Ft: 240.86
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 1557
  • Styles of Residence: Colonial, Old Style
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 35000
  • Age of Building: 93
  • Year Built: 1929
  • Above Grade Finished Sq Ft: 2408
  • Directions To Property: From Utica, NYS-12 to NYS-28 N toward Old Forge. Enter Otter Lake. Turn left onto Lakeview Rd. There are 2 stone pillars at the entrance. The road will split to the left at Norton Road. The home will be on the right toward the end.
  • Sq Ft Total Pub: 2408
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Furnished, Wet Bar
  • Additional Rooms: Family Room, Laundry-1st Floor, Porch - Enclosed
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Double Oven, Dryer, Refrigerator-Built In, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 5
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2408

Exterior Features

  • Construction: Cedar
  • Waterfront Name: Otter Lake
  • Number of Acres: 0.8000
  • Waterfront Description: Lake
  • Waterfront Frontage: 175

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Town of Webb
  • High School: Town of Webb

Lot Info

  • Parcel Number: 2.003-2-68 and 2.003-2-69

Tax Info

  • Total Taxes: 4822

MLS Schools

  • High School Name: Town of Webb
  • School District Name: Town of Webb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 18, 2021
Sold by
Ajello Ronald V
Bought by
Cudzilo Bridgette
Seller's Agent
Marian Gilligan
TIMM ASSOCIATES SOTHEBY'S
Buyer's Agent
NON MLS
Syracuse Non-MLS
List Price
$579,999
Sold Price
$515,000
Premium/Discount to List
-$64,999
-11.21%
Current Estimated Value
$788,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,120
Avg. Annual Appreciation
9.85%
Original Mortgage
$463,500
Outstanding Balance
$415,706
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$372,414
Source: Public Records

Range of Values:

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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
Cudzilo Bridgette $515,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cudzilo Bridgette $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2023 08/12/23 Off Market $515,000 -- --
03/25/2021 03/25/21 Sold $515,000 0.0% $214 / Sq Ft View Prior Sale
03/25/2021 03/25/21 Sold $515,000 -11.2% $214 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $579,999 0.0% $241 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $579,900 -- $241 / Sq Ft
Source: Mid New York Regional 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 $3,008 $369,000 $115,000 $254,000
2023 $3,155 $369,000 $115,000 $254,000
2022 $3,155 $369,000 $115,000 $254,000
2021 $3,198 $369,000 $115,000 $254,000
2020 $3,198 $369,000 $115,000 $254,000
2019 $529 $369,000 $115,000 $254,000
2018 $529 $369,000 $115,000 $254,000
2017 $529 $369,000 $115,000 $254,000
2016 $4,537 $369,000 $115,000 $254,000
2015 -- $369,000 $115,000 $254,000
2014 -- $369,000 $115,000 $254,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1308508

Mid New York Regional MLS

APN: 002-003-0002-068-000-0000