NOT LISTED FOR SALE

186 de Minco Rd Burlington Flats, NY 13315

Estimated Value: $176,000 - $506,000

78.57 Acres
$4,895 Price per Acre
3,422,509 Sq Ft Lot

Last Sold April 29, 2013

Last sale price $122,000

Est. 215% increase in value since last sale

Current estimated payment $2,491/month

192 Days on Market

About This Lot

As of April 2013

HIDDEN TREASURE: This grand old lady has great bones and is located on 78 pristine acres. The home is over 2000 sq ft and is structurally sound and dry from the foundation to the roof. Although she needs work there is potential here for a great year round home or a week end get away. The land offers lots of diversity including, creek bottom, hardwood and conifer forests, apple trees and thickets, an open field, and hidden food plot sites. To top that off the Butter Nut Creek, a trout stream, runs thru the property for three quarters of a mile. Wildlife abounds on this parcel including deer, turkeys, and small game. If you've been looking for an affordable recreational, homestead, or preserve this property is worth a look! All in all a great value @ $142,000 MLS #84411

Last Agent to Sell the Property

Paul Leentjes

Listing by Springfield Realty License #10311202631 Listed on: 05/21/2012

Last Buyer's Agent

Paul Leentjes

Listing by Springfield Realty License #10311202631 Listed on: 05/21/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,367

Lot Details

  • 78.57 Acre Lot
  • 1,800 Ft Wide Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 111.00-1-3.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,367

Lot Details

0

Listing Details

  • Restrictions: Municipality Approval Required
  • NY Swis Code: Burlington-362000
  • Total Assessed Value: 55300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Front: 1800
  • Number of Tillable Acres: 8.0000
  • Number of Wooded Acres: 80.0000
  • Property Sub Type: Land
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 1552.76
  • Ratio List Price By Acres: 1807.31
  • Regional Board Code: Rochester
  • School Tax: 1216
  • Sub Board Code: Otsego-Delaware
  • Type of Sale: Bank Owned / REO
  • Lot Sq Ft: 3422509
  • Directions To Property: From the intersection of State Hwy 80 and County Route 16; Go South on County Rt 16 1 mile turn left on Patent Rd; Go 1 mile turn right on De Minco Road; home is on the left.
  • Special Features: 20

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3

Exterior Features

  • Number of Acres: 78.5700

Utilities

  • Waste Disposal: Septic Existing
  • Water Supply: Well

Schools

  • School District: Edmeston

Lot Info

  • Parcel Number: 111.00-1-3.00

Tax Info

  • Total Taxes: 2367

MLS Schools

  • School District Name: Edmeston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2020
Sold by
Spencer James D and Spencer Terry K
Bought by
Kelly Patrick C and Kelly Aisling C
Current Estimated Value
$384,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Outstanding Balance
$267,755
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$116,870

Purchase Details

Listed on
May 21, 2012
Closed on
Apr 29, 2013
Sold by
Deminco N
Bought by
Spencer James
Seller's Agent
Paul Leentjes
Springfield Realty
Buyer's Agent
Paul Leentjes
Springfield Realty
List Price
$151,000
Sold Price
$122,000
Premium/Discount to List
-$29,000
-19.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Source: Public Records

Range of Values:

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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
Kelly Patrick C $335,000 None Available
Spencer James $122,000 Lester Sittler
Spencer James $122,000 Lester Sittler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Patrick C $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $122,000 -19.2% --
11/29/2012 11/29/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $151,000 -- --
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 $4,787 $370,000 $71,000 $299,000
2023 $2,691 $59,090 $42,785 $16,305
2022 $2,782 $59,090 $42,785 $16,305
2021 $2,825 $59,090 $42,785 $16,305
2020 $2,803 $59,090 $42,785 $16,305
2018 $2,688 $59,090 $42,785 $16,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD84416

Otsego-Delaware Board of REALTORS®

APN: 362000 111.00-1-3.00