NOT LISTED FOR SALE

1369 State Route 248 Rexville, NY 14877

Estimated Value: $86,000 - $201,000

1 Bed
1 Bath
1,488 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $62,000 $42 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $844/month

1 Day on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • Loft
  • Log Cabin
  • Forced Air Cooling System

About This Home

As of November 2018

This log home sits off the road on 3 acres at the corner of Cemetery Hill and State Route 248 in the quaint Town of Rexville.  It is a unique home built with red pine harvested from the local Greenwood State Forest and features an open layout with beautiful wood beams, hardwood floors, large loft, and two covered decks.

Enter the home from the back porch into the kitchen that opens to a spacious living room with a spiral staircase leading up to the large loft.  The home sits on a full basement with a one car garage and includes a new natural gas furnace. This peaceful country setting has the convenience of town water, natural gas, and the country store located across the street.  Bennetts Creek runs through the north side of the property and is stocked with trout by the DEC annually.

Last Agent to Sell the Property

Daniel Heisey

Listing by Landquest Inc. License #10311209113 Listed on: 09/04/2018

Last Buyer's Agent

Daniel Heisey

Listing by Landquest Inc. License #10311209113 Listed on: 09/04/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 2.93 Acre Lot
  • Lot Dimensions are 302 x 555

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • 1.7-Story Property
  • Loft
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 467800-340-018-0001-027-000

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • NY Swis Code: West Union-467800
  • Total Assessed Value: 35660
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 302
  • Lot Dimension Front: 555
  • Lot Information: Primary Road
  • Lot Number: 27
  • Nearest Cross Street: Cemetery Hill
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 21160.41
  • Ratio Close Price By Sq Ft: 41.67
  • Ratio List Price By Acres: 26587.03
  • Ratio List Price By Sq Ft: 52.35
  • Regional Board Code: Syracuse
  • School Tax: 1588
  • Styles of Residence: Log Home
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 40511
  • Age of Building: 38
  • Year Built: 1985
  • Directions To Property: From I86, Hornell exit, 36S into Canisteo, right on 248, property on right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Loft
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Oven/Range Built-In, Refrigerator
  • Kitchen Dining Description: Solid Surface Counter
  • Number of Bedrooms 1st Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 2
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 1488

Exterior Features

  • Construction: Log Home
  • Number of Acres: 2.9300

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Canisteo-Greenwood

Lot Info

  • Parcel Number: 467800-340-018-0001-027-000

Tax Info

  • Total Taxes: 3507

MLS Schools

  • School District Name: Canisteo-Greenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Aek Prop Mgmt Llc
Bought by
Fallon Andrew G and Mcgregor Jennifer
Current Estimated Value
$106,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Outstanding Balance
$38,401
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,959

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 19, 2018
Sold by
Menninger Burton C and Menninger Linda A
Bought by
Aek Property Management
Seller's Agent
Daniel Heisey
Landquest Inc.
Buyer's Agent
Daniel Heisey
Landquest Inc.
List Price
$77,900
Sold Price
$62,000
Premium/Discount to List
-$15,900
-20.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
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
Fallon Andrew G $42,000 None Available
Fallon Andrew G $42,000 None Available
Aek Property Management $62,000 --
Aek Property Management $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Andrew G $38,500
Closed Fallon Andrew G $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $62,000 -20.4% $42 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $77,900 -- $52 / Sq Ft
Source: Cortland County 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 $3,157 $91,100 $17,300 $73,800
2023 $2,647 $61,700 $21,200 $40,500
2022 $2,352 $61,700 $21,200 $40,500
2021 $2,434 $61,700 $21,200 $40,500
2020 $2,443 $61,700 $21,200 $40,500
2019 $3,410 $61,700 $21,200 $40,500
2018 $3,410 $34,900 $2,800 $32,100
2017 $5,136 $34,900 $2,800 $32,100
2016 $5,081 $34,900 $2,800 $32,100
2015 -- $34,900 $2,800 $32,100
2014 -- $34,900 $2,800 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1145901

Cortland County Board of REALTORS®

APN: 467800-340-018-0001-027-000