NOT LISTED FOR SALE

111 Prospect Place New Berlin, NY 13411

Estimated Value: $55,000 - $160,000

2 Beds
1 Bath
800 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $45,000 $56 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $594/month

159 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Log Cabin
  • Wooded Lot
  • Loft

About This Home

As of January 2023

This is a HANDY PERSON's delight ,certain to launch a lifetime of memories and adventure! With LAKE RIGHTS, this cabin is nestled in a park like setting with potential that speaks volumes. This offering consists of two combined, separately deeded parcels.SILVER LAKE COMMUNITY has no HOA dues.Electric, drilled well and septic.Within convenient proximity to Oneonta and Cooperstown and Utica. The UNADILLA RIVER is nearby.

Last Agent to Sell the Property

Sherri Manning ABR

Listing by Catskill Heritage Realty, LLC License #10491207921 Listed on: 09/16/2021

Last Buyer's Agent

Tere Stronach-Bullen

Listing by Chenango County Realty License #10301220007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1950

Lot Details

  • 0.56 Acre Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 800 Sq Ft Home
  • Loft
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane
  • Water Rights
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 186.09-1-15.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,011

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Pittsfield-365200
  • Total Assessed Value: 38518
  • Construction: Frame
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Rural Road, Secluded, Wooded Lot
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 80357.14
  • Ratio Close Price By Sq Ft: 56.25
  • Ratio List Price By Acres: 89285.71
  • Ratio List Price By Sq Ft: 62.50
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 541
  • Styles of Residence: Cabin
  • Sub Board Code: Otsego-Delaware
  • Type of Sale: Normal
  • Lot Sq Ft: 24394
  • Age of Building: 73
  • Year Built: 1950
  • Directions To Property: From Oneonta take NY 23 West to Route 13/Broad Street in Morris - Continue on 13 to Prospect Place.
  • WaterRelatedFeatures: Deeded Water Rights
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Loft
  • Basement Description: Partial
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 800

Exterior Features

  • Construction: Wood
  • Waterfront Name: Silver Lake
  • Number of Acres: 0.5600

Utilities

  • Heating Fuel Description: Propane
  • Water Heater Fuel: Electric
  • Water Supply: Well

Schools

  • School District: Unadilla Valley

Lot Info

  • Parcel Number: 186.09-1-15.00

Tax Info

  • Total Taxes: 1011

MLS Schools

  • School District Name: Unadilla Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Jan 31, 2023
Sold by
Claydon Christine
Bought by
Youngs Stven
Seller's Agent
Sherri Manning ABR
Catskill Heritage Realty, LLC
Buyer's Agent
Tere Stronach-Bullen
Chenango County Realty
List Price
$72,000
Sold Price
$45,000
Premium/Discount to List
-$27,000
-37.5%
Current Estimated Value
$88,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,875
Avg. Annual Appreciation
29.41%
Original Mortgage
$45,000
Outstanding Balance
$43,622
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,253

Purchase Details

Closed on
Apr 22, 2022
Sold by
Platt Fredrick R Est
Bought by
Claydon Christine
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
Youngs Stven $45,000 None Available
Claydon Christine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngs Stven $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $45,000 -37.5% $56 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
09/16/2021 09/16/21 For Sale $72,000 -- $90 / 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 $1,503 $19,100 $3,800 $15,300
2023 $924 $19,100 $3,800 $15,300
2022 $898 $19,100 $3,800 $15,300
2021 $889 $19,100 $3,800 $15,300
2020 $885 $19,100 $3,800 $15,300
2019 -- $19,100 $3,800 $15,300
2018 $841 $19,100 $3,800 $15,300
2017 $804 $19,100 $3,800 $15,300
2016 $784 $19,100 $3,800 $15,300
2015 -- $19,100 $3,800 $15,300
2014 -- $19,100 $3,800 $15,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sherri Manning ABR

    Catskill Heritage Realty, LLC

    (607) 435-4107

    1 in this area

    34 Total Sales

    Sherri Manning ABR
    Section Image
  • Tere Stronach-Bullen

    Buyer's Agent in 2023

    Tere Stronach-Bullen

    Chenango County Realty

    (607) 316-0527

    5 in this area

    91 Total Sales

    Tere Stronach-Bullen
    Section Image
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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD132554

Otsego-Delaware Board of REALTORS®

APN: 365200-186-009-0001-015-000-0000

New York Otsego County New Berlin 13411

111 Prospect Place, New Berlin, NY

This home is located at 111 Prospect Place, New Berlin, NY 13411 since 16 September 2021 and is currently estimated at $88,875, approximately $111 per square foot. This property was built in 1950. 111 Prospect Place is a home located in Otsego County with nearby schools including Unadilla Valley Elementary School and Unadilla Valley Secondary School.

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