NOT LISTED FOR SALE

1051 Rice Rd Cayuta, NY 14824

Estimated Value: $92,000 - $251,000

3 Beds
1 Bath
1,148 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $200,000 $174 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,326/month

38 Days on Market

Highlights

  • River Access
  • Wood Flooring
  • 2 Car Detached Garage
  • 39.51 Acre Lot
  • Farmhouse Style Home
  • Enclosed Patio or Porch

About This Home

As of May 2022

Older farm house with tons of potential on almost 40 acres. Property is a combination of wooded, cleared and a water stream. There is even a 2 car detached garage and a two-tiered barn. The house has three bedrooms and many other living spaces. The roof is about 10 years old. The home has many replacement windows. 200 amp electrical service for possible future electrical additions. Located on an extremely less traveled road and quite private. Easy commute to Horseheads, Ithaca, or Watkins Glen. House and property is being sold in " as in " condition.

Last Agent to Sell the Property

David Louch

Listing by Warren Real Estate - Watkins Glen License #10301202336 Listed on: 03/19/2022

Co-Listed By

Shari Louch

Listing by Warren Real Estate - Watkins Glen License #10401262637

Last Buyer's Agent

Non Member

Listing by Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1930

Lot Details

  • 39.51 Acre Lot
  • Home fronts a stream

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Free-Standing Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 109.00-2-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1930
  • Water Body Name: None
  • Co List Office Mls Id: EC356
  • Co List Office Phone: (607) 703-0111
  • Subdivision Name: NONE
  • Directions: Route 224 to Varney Hill Road. First right on to Rice Road. House will be first one on the right. Look for sign.
  • Architectural Style: Farmhouse, Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Pull Down Attic Stairs, Window Treatments
  • Year Built Details: Existing
  • Master Plan Zoning: RES
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Acres: 39.51
  • Waterfront Features: River Access, Stream
  • Waterfront: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Off Street

Utilities

  • Heating: Oil, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Odessa-Montour

Lot Info

  • Parcel Number: 109.00-2-27
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3887.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
May 25, 2022
Sold by
Simpson Charles A Est
Bought by
Clem John D and Vrooman Nicole B
Seller's Agent
David Louch
Warren Real Estate - Watkins Glen
Buyer's Agent
Non Member
Non-Member
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%
Current Estimated Value
$189,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,312
Avg. Annual Appreciation
-1.62%
Original Mortgage
$160,000
Outstanding Balance
$152,248
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,440
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
Clem John D $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clem John D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $200,000 +8.1% $174 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $185,000 -- $161 / Sq Ft
Source: Elmira-Corning Regional Association 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 $3,544 $124,000 $53,000 $71,000
2023 $3,643 $124,000 $53,000 $71,000
2022 $1,620 $124,000 $53,000 $71,000
2021 $3,803 $124,000 $53,000 $71,000
2020 $2,559 $124,000 $53,000 $71,000
2019 $2,612 $124,000 $53,000 $71,000
2018 $2,612 $124,000 $53,000 $71,000
2017 $2,599 $124,000 $53,000 $71,000
2016 $2,617 $124,000 $53,000 $71,000
2015 -- $124,000 $53,000 $71,000
2014 -- $89,000 $47,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC265170

APN: 442200-109-000-0002-027-000-0000