NOT LISTED FOR SALE

12 Bank St Newfield, NY 14867

Estimated Value: $217,454 - $248,000

3 Beds
1.5 Baths
1,700 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $108,000 $64 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,715/month

202 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1 Car Garage
  • Den
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of December 2012

Readily converted to 3BR home + efficiency apartment down. Basement double doors allow walk-out/small car parking inside. Newer gas furnace can work in conjunction with older oil furnace. One inch foam insul. under exterior siding. New elec. HW heater - gas conversion possible. Den fireplace covered- may still be functional. Delightful older home exhibits TLC - walk to schools, bank, store. Triple track storm windows whole house. Two roofed porches 128 s.f. each. Updated kitchen with oak cabinetry.

Last Agent to Sell the Property

Jack Balcome

Concept Real Estate Brokerage Email: jlbalcome@gmail.com License #37BA0772388 Listed on: 04/15/2012

Last Buyer's Agent

Jack Balcome

Concept Real Estate Brokerage Email: jlbalcome@gmail.com License #37BA0772388 Listed on: 04/15/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,205

Year Built

  • Built in 1925

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 264x140

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Den
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Newfield Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 17.-2-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,205

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Lot Size: 264X140
  • Water Body Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1925
  • Attribution Contact: jlbalcome@gmail.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Varies
  • Interior Amenities: Den, Eat-in Kitchen
  • Living Area: 1700.0
  • Dining Room Type: Den
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Heating: Gas, Oil, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Newfield Elementary
  • Junior High Dist: Newfield

Lot Info

  • Lot Size Sq Ft: 25700.0
  • Parcel #: 17.-2-4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2012
Closed on
Dec 5, 2012
Sold by
Ebel Donna Trust U & W
Bought by
Ferrara Joseph
Seller's Agent
Jack Balcome
Concept Real Estate
Buyer's Agent
Jack Balcome
Concept Real Estate
List Price
$119,500
Sold Price
$108,000
Premium/Discount to List
-$11,500
-9.62%
Current Estimated Value
$235,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,228
Avg. Annual Appreciation
6.80%
Original Mortgage
$86,400
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2011
Sold by
Ruocco Elizabeth A Ebel
Bought by
Minks Louise M & As Tr
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
Ferrara Joseph $108,000 Bruno Mazza
Minks Louise M & As Tr -- Lorraine Moynihan Schmitt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrara Frank $148,000
Closed Ferrara Joseph $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2012 12/04/12 Sold $108,000 -9.6% $64 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $119,500 -- $70 / Sq Ft
Source: Ithaca 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 $5,205 $220,000 $12,800 $207,200
2023 $4,857 $182,000 $12,800 $169,200
2022 $4,325 $165,000 $12,800 $152,200
2021 $3,654 $125,000 $12,800 $112,200
2020 $3,654 $125,000 $12,800 $112,200
2019 $3,383 $125,000 $12,800 $112,200
2018 $3,442 $115,000 $12,800 $102,200
2017 $3,383 $115,000 $11,800 $103,200
2016 $3,405 $115,000 $11,800 $103,200
2015 -- $115,000 $11,800 $103,200
2014 -- $107,000 $8,200 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB136002

APN: 503400-017-000-0002-004-002-0000