NOT LISTED FOR SALE

185 Lippitt Development Rd Cooperstown, NY 13326

Estimated Value: $474,000 - $693,378

3 Beds
1 Bath
798 Sq Ft
$708/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $360,000 $451 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,434/month

99 Days on Market

Highlights

  • Ranch Style House
  • Water Purifier
  • Gas Fireplace
  • Wood Flooring
  • Satellite Dish

About This Home

As of December 2015

Sitting on 1/3 of an acre of direct Otsego Lake frontage, this charming cottage was completely rebuilt in 2002. Would make a wonderful vacation home or take advantage of it's solid rental history for extra income. The home currently rents for $1,800/week during the 13-week summer period. Being sold turn-key, everything you need is here. Three bedrooms, a living room with fireplace & picture window overlooking the lake, kitchen/dining room, and an oversized deck for entertaining. Stairs lead down to 101' feet of private, direct lake frontage and a 2 year old dock. Plenty of parking in a semi-circular driveway. Located a half mile off the main road on the east side of the lake only one mile from Glimmerglass State Park and five miles to the Village of Cooperstown.

Last Agent to Sell the Property

Amy Stack

Listing by Stack-Page Properties LLC License #10491208071 Listed on: 05/25/2015

Last Buyer's Agent

Non-Member Agent

Listing by Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1965

Lot Details

  • 0.36 Acre Lot

Home Design

  • Ranch Style House
  • Cottage
  • Metal Roof

Interior Spaces

  • 798 Sq Ft Home
  • Gas Fireplace
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane
  • Electric Water Heater
  • Water Purifier
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 70.11-1-13.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,909

Year Built

Built in 1965

Lot Details

0

Listing Details

  • NY Swis Code: Cooperstown Village-Middlefield-363801
  • Total Assessed Value: 230300
  • Construction: Block, Concrete
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1000000.00
  • Ratio Close Price By Sq Ft: 451.13
  • Ratio List Price By Acres: 1083333.33
  • Ratio List Price By Sq Ft: 488.72
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 3393
  • Styles of Residence: Cottage, Ranch
  • Sub Board Code: Otsego-Delaware
  • Village: Cooperstown-Village
  • Lot Sq Ft: 15682
  • Age of Building: 58
  • Year Built: 1965
  • Directions To Property: Take County Highway 31 north from the village of Cooperstown approximately 5.5 miles. Left on to Lippitt Development Rd. House is .5 mile down on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Water Purification System
  • Basement Description: Slab
  • Floor Description: Carpet, Laminate-Some, Tile-Some, Wood-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 3
  • 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: 798

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Satellite Dish
  • Number of Acres: 0.3600

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: REA
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Cooperstown

Lot Info

  • Parcel Number: 70.11-1-13.00

Tax Info

  • Total Taxes: 4909

MLS Schools

  • School District Name: Cooperstown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Dec 29, 2015
Sold by
Anania James
Bought by
Sepulveda Jaime and Sepulveda Valdes
Seller's Agent
Amy Stack
Stack-Page Properties LLC
Buyer's Agent
Non-Member Agent
Non Member Office
List Price
$390,000
Sold Price
$360,000
Premium/Discount to List
-$30,000
-7.69%
Current Estimated Value
$515,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,717
Avg. Annual Appreciation
3.69%
Original Mortgage
$288,000
Outstanding Balance
$232,229
Interest Rate
3.98%
Mortgage Type
Unknown
Estimated Equity
$277,814
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
Sepulveda Jaime $360,000 Peter J. Constantine
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Jaime L $288,000
Closed Sepulveda Jaime $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $360,000 -7.7% $451 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $390,000 -- $489 / 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 $7,315 $270,100 $170,800 $99,300
2023 $7,124 $270,100 $170,800 $99,300
2022 $7,063 $270,100 $170,800 $99,300
2021 $7,060 $270,100 $170,800 $99,300
2020 $6,505 $257,300 $170,800 $86,500
2019 $4,447 $257,300 $170,800 $86,500
2018 $6,178 $257,300 $170,800 $86,500
2017 $5,287 $230,300 $170,800 $59,500
2016 $5,168 $230,300 $170,800 $59,500
2015 -- $230,300 $170,800 $59,500
2014 -- $230,300 $170,800 $59,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Amy Stack

    Stack-Page Properties LLC

    Section Image

  • N

    Buyer's Agent in 2015

    Non-Member Agent

    Non Member Office

    (607) 432-4331

    7 in this area

    631 Total Sales

    Section Image
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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD100166

Otsego-Delaware Board of REALTORS®

APN: 363889-070-011-0001-013-000-0000

New York Otsego County Cooperstown 13326

185 Lippitt Development Rd, Cooperstown, NY

This home is located at 185 Lippitt Development Rd, Cooperstown, NY 13326 since 25 May 2015 and is currently estimated at $564,793, approximately $707 per square foot. This property was built in 1965. 185 Lippitt Development Rd is a home located in Otsego County with nearby schools including Cooperstown Elementary School and Cooperstown Junior/Senior High School.

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