NOT LISTED FOR SALE

12 Gerald St Norwich, NY 13815

Estimated Value: $194,000 - $243,000

3 Beds
2.5 Baths
1,920 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $111,500 $58 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,713/month

240 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Ceramic Tile Flooring
  • Ranch Style House
  • Attached Garage

About This Home

As of August 2015

DRASTIC REDUCTION IN A Very DESIRABLE Neighborhood in Norwich! $5,000. CREDIT at closing This home has a wonderful LAYOUT conducive for your family with room to spare! Featuring a stone FIREPLACE in the living room, a wood stove in the family/GAME ROOM downstairs, a spacious back DECK, nice yard with pet-friendly invisible FENCE, large GARAGE ....And Again ...the Owner's are throwing in a $5,000. credit at closing for any renovations you would like to make! Call now!

Last Agent to Sell the Property

MaryKay Flanagan

Listing by Howard Hanna License #10301215650 Listed on: 10/14/2014

Howard Hanna

Last Buyer's Agent

Kevin Walsh

Listing by Keller Williams Upstate NY Properties License #10301203604

Keller Williams Upstate NY Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,546

Year Built

  • Built in 1986

Lot Details

  • 10,454

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Dishwasher
  • Finished Basement

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 123.71-1-32

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,546

Year Built

Built in 1986

Lot Details

0

Listing Details

  • NY Swis Code: Norwich-City-081100
  • Total Assessed Value: 115797
  • Construction: Frame
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 464583.33
  • Ratio Close Price By Sq Ft: 58.07
  • Ratio List Price By Acres: 499583.33
  • Ratio List Price By Sq Ft: 62.45
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 2512
  • Styles of Residence: Ranch
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 10454
  • Age of Building: 37
  • Year Built: 1986
  • Directions To Property: From State Highway 12 in Norwich, travel West on Sunset Drive, first right on Wales Drive, first left on Gerald. Property down the street on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Finished
  • Floor Description: Carpet, Ceramic-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of 1st Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1920

Exterior Features

  • Additional Exterior Features: Deck
  • Number of Acres: 0.2400

Garage/Parking

  • Garage Description: Attached, Under House

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas
  • Water Supply: Public

Schools

  • School District: Norwich

Lot Info

  • Parcel Number: 123.71-1-32

Tax Info

  • Total Taxes: 5546

MLS Schools

  • School District Name: Norwich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Aug 3, 2015
Sold by
Rane Nikhil
Bought by
Turnbull Richard W and Turnbull
Seller's Agent
MaryKay Flanagan
Howard Hanna
Buyer's Agent
Kevin Walsh
Keller Williams Upstate NY Properties
List Price
$134,900
Sold Price
$111,500
Premium/Discount to List
-$23,400
-17.35%
Current Estimated Value
$219,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,392
Avg. Annual Appreciation
6.96%
Original Mortgage
$89,200
Outstanding Balance
$70,395
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,497

Purchase Details

Closed on
Apr 6, 2010
Sold by
Petley Emelia T
Bought by
Rane Nikhil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1993
Sold by
P & G Pharmaceuticals Inc
Bought by
Petley Emelia T
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
Turnbull Richard W $111,500 Scott Clippinger
Rane Nikhil $90,000 James Downey
Petley Emelia T $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turnbull Richard W $89,200
Previous Owner Rane Nikhil $88,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $111,500 +11050.0% $58 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
03/13/2015 03/13/15 Rented $1,000 -99.3% --
02/11/2015 02/11/15 Under Contract -- -- --
10/14/2014 10/14/14 For Sale $134,900 0.0% $70 / Sq Ft
10/13/2014 10/13/14 For Rent $1,100 -- --
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 $6,289 $79,900 $13,000 $66,900
2023 $6,197 $79,900 $13,000 $66,900
2022 $6,138 $79,900 $13,000 $66,900
2021 $6,232 $79,900 $13,000 $66,900
2020 $6,068 $79,900 $13,200 $66,700
2019 $6,540 $79,900 $13,200 $66,700
2018 $6,540 $79,900 $13,200 $66,700
2017 $2,534 $79,900 $13,200 $66,700
2016 $2,540 $79,900 $13,200 $66,700
2015 -- $79,900 $13,200 $66,700
2014 -- $79,900 $13,200 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD97181

Otsego-Delaware Board of REALTORS®

APN: 081100-123-710-0001-032-000-0000