M
Seller's Agent in 2023
Margaret Bellar
The Catskill Dream Team
(917) 558-0447
199 Total Sales
105 Rainbow Hill Rd Margaretville, NY 12455
Estimated Value: $264,000 - $464,000
2
Beds
1
Bath
774
Sq Ft
$522/Sq Ft
Est. Value
Highlights
- Water Views
- Secluded Lot
- Cottage
- Deck
- Bamboo Flooring
- Ductless Heating Or Cooling System
About This Home
As of August 2023THE GETAWAY Looking for a sexy and stylish retreat from the hustle and bustle of Urban Life? This is it... a stunning (perfect) Catskills Mountain Cabin! High-end design, prime location adjacent to NYC's forever wild land (imagine a 1000 acre playground in your back yard), all you need/want and nothing you don't. A gourmet kitchen, fab bathroom and a primary bedroom that boasts walls of windows offering breathtaking views of the surrounding landscape! The fire pit and seasonal stream provide the perfect backdrop for cozy evenings with someone special. Whether you're looking for an amazing getaway or a weekend of outdoor adventures, this property has it all. And, with a strong Airbnb rental history, it's a perfect investment for turning a passion for real estate into a profitable side hustle. Seasonal views of the Pepacton Reservoir and endless opportunities for hiking, fishing, and other outdoor activities, it's the perfect escape from the stresses of city life. Why wait? Experience the beauty and luxury of the Catskills for yourself! Don't miss out on this once-in-a-lifetime opportunity to own a truly unique piece of real estate and the ultimate in Catskills Mountain Luxury! 2.5 hours from the GWB. Your Catskill Dream Awaits!
Last Agent to Sell the Property
The Catskill Dream Team License #10331200183 Listed on: 05/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,882
Year Built
- Built in 1980
Lot Details
- 0.61 Acre Lot
- Home fronts a stream
- Secluded Lot
- Property is zoned 920
Property Views
- Water
- Mountain
Home Design
- Cottage
- Cabin
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Shake Siding
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
- Kitchen Island
Flooring
- Bamboo
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Propane
- Baseboard Heating
- Well
- Water Heater
- Septic Tank
Additional Features
- Sliding Doors
- Deck
Listing and Financial Details
- Legal Lot and Block 3 / 1.7
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2023
Closed on
Aug 11, 2023
Sold by
Rainbow Hill Getaway Llc
Bought by
Chambers Paul M
Seller's Agent
Margaret Bellar
The Catskill Dream Team
Buyer's Agent
Katherine Keys
The Catskill Dream Team
List Price
$350,000
Sold Price
$400,000
Premium/Discount to List
$50,000
14.29%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,180
Avg. Annual Appreciation
2.08%
Purchase Details
Closed on
Sep 25, 2019
Sold by
Sullivan Jason R and Seracuse Jennifer L
Bought by
Rainbow Hill Getaway Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 27, 2015
Closed on
Aug 26, 2016
Sold by
Mccullough Edward T
Bought by
Sullivan Jason R
Seller's Agent
Rebecca Saunders
Keller Williams Upstate NY Properties
Buyer's Agent
Timothy Morelock
Keller Williams Upstate NY Properties
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
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 |
|---|---|---|---|
| Chambers Paul M | $400,000 | None Available | |
| Rainbow Hill Getaway Llc | $194,000 | Chicago Title | |
| Sullivan Jason R | $105,000 | Ann Harrison |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rainbow Hill Getaway Llc | $144,000 | |
| Previous Owner | Rainbow Hill Getaway Llc | $144,000 | |
| Previous Owner | Sullivan Jay | $21,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $400,000 | +14.3% | $517 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 05/14/2023 05/14/23 | For Sale | $350,000 | +233.3% | $452 / Sq Ft |
| 08/26/2016 08/26/16 | Sold | $105,000 | -16.0% | $210 / Sq Ft |
| 07/09/2016 07/09/16 | Pending | -- | -- | -- |
| 08/27/2015 08/27/15 | For Sale | $125,000 | -- | $250 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
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 | $1,059 | $118,100 | $14,000 | $104,100 |
| 2023 | $1,892 | $118,100 | $14,000 | $104,100 |
| 2022 | $1,802 | $118,100 | $14,000 | $104,100 |
| 2021 | $1,782 | $98,400 | $13,500 | $84,900 |
| 2020 | $1,534 | $98,400 | $13,500 | $84,900 |
| 2019 | $1,296 | $68,700 | $13,500 | $55,200 |
| 2018 | $1,296 | $68,700 | $13,500 | $55,200 |
| 2017 | $1,279 | $68,700 | $13,500 | $55,200 |
| 2016 | $1,258 | $68,700 | $13,500 | $55,200 |
| 2015 | -- | $68,700 | $13,500 | $55,200 |
| 2014 | -- | $68,700 | $13,500 | $55,200 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Bellar
-
Katherine Keys
Buyer's Agent in 2023
Katherine Keys
The Catskill Dream Team
(347) 733-0660
142 Total Sales
-
Rebecca Saunders
R
Seller's Agent in 2016
Rebecca Saunders
Keller Williams Upstate NY Properties
(607) 644-3357
1 Total Sale
-
T
Buyer's Agent in 2016
Timothy Morelock
Keller Williams Upstate NY Properties
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20231263
APN: 122000-325-000-0001-007-300
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