NOT LISTED FOR SALE

185 Lippitt Development Rd Cooperstown, NY 13326

Middlefield Area

Estimated Value: $498,000 - $717,000

3 Beds
1 Bath
798 Sq Ft
$761/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2015

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

Est. 79% increase in value since last sale

Current estimated payment $4,179 / mo

99 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Water Purifier
  • Ranch Style House
  • 1 Fireplace
  • Wood Siding

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,909

Year Built

  • Built in 1965

Lot Details

  • 15,682 Sq Ft Lot
  • Waterfront

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 798 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • 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

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

0.36 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1965
  • Directions: 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.
  • Architectural Style: Cottage, Ranch
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Purifier
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Acres: 0.36
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Wood Siding
  • Foundation Details: Slab

Utilities

  • Heating: Propane
  • HeatingYN: Yes
  • Utilities: Water Available
  • Water Source: Not Connected, Public

Schools

  • Junior High Dist: Cooperstown

Lot Info

  • Parcel Number: 70.11-1-13.00
  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4909.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Dec 29, 2015
Sold by
Anania James
Bought by
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
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,000
Avg. Annual Appreciation
5.02%
Original Mortgage
$288,000
Outstanding Balance
$222,996
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$384,504
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cooperstown, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 Peter J. Constantine
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $270,100 $170,800 $99,300
2024 $7,441 $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

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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

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