$105,000
SOLD AUG 26, 2016

105 Rainbow Hill Rd Margaretville, NY 12455

2 Beds
1 Bath
500 Sq Ft
0.61 Acres

Recently Sold

$210 Per Sq Ft

16% Below List Price

317 Days on Market

Highlights

  • Deck
  • Shed
  • Ceiling Fan
  • Cottage
  • Ceramic Tile Flooring
  • Baseboard Heating

About This Home

As of August 2023

MAKE MOUNTAIN MEMORIES! This 1 or 2 bedroom, 1 bathroom home is situated on .61 acres of park-like setting. House and land are just the right size to give you plenty of free time to spend in the beautiful Catskills trail biking, fishing, hiking, kayaking or canoeing and more. Public land abounds for hunting if you are so inclined and the property boarders City land. Come winter, several ski resorts are just a short drive. Overlooks the Pepacton Reservoir. It has been said that good things come in small packages and it is certainly true of this lovely property. Come take a look!

Last Agent to Sell the Property

Rebecca Saunders

Listing by Keller Williams Upstate NY Properties License #10401227439 Listed on: 08/27/2015

Keller Williams Upstate NY Properties

Last Buyer's Agent

Timothy Morelock

Listing by Keller Williams Upstate NY Properties License #10401287807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1970

Lot Details

  • 0.61 Acre Lot

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 500 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Range Hood
  • <<microwave>>

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 325.-1-7.3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,799

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Margaretville-Village-124603
  • Total Assessed Value: 68900
  • Construction: Frame
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 172131.15
  • Ratio Close Price By Sq Ft: 210.00
  • Ratio List Price By Acres: 188524.59
  • Ratio List Price By Sq Ft: 230.00
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 584
  • Styles of Residence: Cottage
  • Sub Board Code: Otsego-Delaware
  • Village: Margaretville-Village
  • Lot Sq Ft: 26572
  • Age of Building: 53
  • Year Built: 1970
  • Directions To Property: Route 28 West to Route 30 in Dunraven (L). Drive to Rainbow Road, the next right after Close Hollow Road. House is first on Left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Basement Description: Slab
  • Floor Description: Ceramic-Some, Laminate-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 500

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Deck
  • Number of Acres: 0.6100

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard, Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Electric
  • Water Supply: Well

Schools

  • School District: Margaretville

Lot Info

  • Parcel Number: 325.-1-7.3

Rental Info

  • Type of Tenancy: Owner Occupied

Tax Info

  • Total Taxes: 1799

MLS Schools

  • School District Name: Margaretville

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
$404,180

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%
Source: Public Records

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  • 367 Rainbow Hill Rd, Margaretville, NY 12455

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    • 567 Sq Ft
    • 367 Rainbow Hill Rd
    • Margaretville, NY

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Range of Values:

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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 Type Sale Price Title Company
Deed $400,000 None Available
Deed $194,000 Chicago Title
Deed $105,000 Ann Harrison
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,000 Adjustable Rate Mortgage/ARM
Previous Owner $144,000 Adjustable Rate Mortgage/ARM
Previous Owner $21,700 Unknown
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: Otsego-Delaware Board of REALTORS®

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 $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

  • M

    Seller's Agent in 2023

    Margaret Bellar

    The Catskill Dream Team

    (917) 558-0447

    199 Total Sales

    Margaret Bellar
    Section Image
  • Katherine Keys

    Buyer's Agent in 2023

    Katherine Keys

    The Catskill Dream Team

    (347) 733-0660

    142 Total Sales

    Katherine Keys
    Section Image

  • R

    Seller's Agent in 2016

    Rebecca Saunders

    Keller Williams Upstate NY Properties

    (607) 644-3357

    1 Total Sale

    Rebecca Saunders
    Section Image

  • T

    Buyer's Agent in 2016

    Timothy Morelock

    Keller Williams Upstate NY Properties

See All Agents

Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD102108

Otsego-Delaware Board of REALTORS®

APN: 122000-325-000-0001-007-300

New York Delaware County Margaretville 12455

105 Rainbow Hill Rd, Margaretville, NY

This home is located at 105 Rainbow Hill Rd, Margaretville, NY 12455 and is currently priced at $105,000, approximately $210 per square foot. This property was built in 1970. 105 Rainbow Hill Rd is a home located in Delaware County with nearby schools including Margaretville Central School.

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