NOT LISTED FOR SALE

149 Lippitt Development Rd Cooperstown, NY 13326

Estimated Value: $426,000 - $506,000

3 Beds
1 Bath
1,025 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $185,000 $180 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,777/month

439 Days on Market

Highlights

  • Beach Access
  • Deck
  • Wood Flooring
  • Cooperstown Junior/Senior High School Rated 9+
  • Cathedral Ceiling
  • Balcony

About This Home

As of September 2019

Beautiful year round 3 bedroom Home with Otsego Lake access in the Cooperstown School System. Large living room with cathedral ceiling and wood burning fireplace, walk out to deck for dining and entertainment. Nice backyard for privacy. Lake association fee.

Last Agent to Sell the Property

Pete Bussmann

Listing by Bussmann Real Estate License #10311203070 Listed on: 05/25/2018

Last Buyer's Agent

Pete Bussmann

Listing by Bussmann Real Estate License #10311203070 Listed on: 05/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1994

Lot Details

  • 0.67 Acre Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,025 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Walk-Out Basement
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Tuck Under Garage

Outdoor Features

  • Beach Access
  • Balcony
  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 70.11-1-56.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

Built in 1994

Lot Details

0

Listing Details

  • NY Swis Code: Middlefield-363889
  • Total Assessed Value: 199722
  • Construction: Frame
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 276119.40
  • Ratio Close Price By Sq Ft: 180.49
  • Ratio List Price By Acres: 323134.33
  • Ratio List Price By Sq Ft: 211.22
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 2185
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 29185
  • Age of Building: 29
  • Year Built: 1994
  • Directions To Property: From Cooperstown County Hwy 31, along the East side of Otsego Lake to Lippett Dev. Rd on left
  • WaterRelatedFeatures: Beach/Water Access
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan
  • Basement Description: Exterior Walkout
  • Floor Description: Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1025

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Balcony, Deck
  • Number of Acres: 0.6700

Garage/Parking

  • Garage Description: Under House
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: AC Unit-Window, Baseboard, REA
  • Sewer Description: Septic
  • Water Heater Fuel: Electric
  • Water Supply: Well

Lot Info

  • Parcel Number: 70.11-1-56.00

Tax Info

  • Total Taxes: 3364

MLS Schools

  • School District Name: Cooperstown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Vreeland David and Vreeland Lori
Bought by
Vreeland Zackary and Leger Olivia
Current Estimated Value
$464,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$291,235
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,053

Purchase Details

Listed on
May 25, 2018
Closed on
Sep 16, 2019
Sold by
Gray Richard C and Gray Robin L
Bought by
Vreeland David and Vreeland Lori
Seller's Agent
Pete Bussmann
Bussmann Real Estate
Buyer's Agent
Pete Bussmann
Bussmann Real Estate
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$166,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1998
Sold by
Clareen Spencer B and Clareen Barbara
Bought by
Gray Richard C and Gray Robin L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vreeland Zackary $375,000 None Available
Vreeland David $185,000 --
Gray Richard C $88,000 --
Gray Richard C $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vreeland Zackary $300,000
Previous Owner Vreeland David $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $185,000 -25.7% $180 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
05/25/2018 05/25/18 For Sale $249,000 -- $243 / 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 $4,209 $151,400 $26,000 $125,400
2023 $4,030 $151,400 $26,000 $125,400
2022 $3,970 $151,400 $26,000 $125,400
2021 $3,968 $151,400 $26,000 $125,400
2020 $3,660 $143,800 $26,000 $117,800
2019 $2,485 $143,800 $26,000 $117,800
2018 $3,463 $143,800 $26,000 $117,800
2017 $3,310 $143,800 $26,000 $117,800
2016 $3,310 $143,800 $26,000 $117,800
2015 -- $143,800 $26,000 $117,800
2014 -- $143,800 $26,000 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD116249

Otsego-Delaware Board of REALTORS®

APN: 363889-070-011-0001-056-000-0000