NOT LISTED FOR SALE

240 Wheaton Rd Erin, NY 14838

Estimated Value: $54,000 - $85,000

7.85 Acres
$8,844 Price per Acre
341,946 Sq Ft Lot

Last Sold October 24, 2019

Last sale price $35,000 $44 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $457/month

54 Days on Market

About This Lot

As of October 2019

Stunning Piece of Land, 7.85 Acres of with 2 Drilled Wells, Electrical Meters already Set up to The Property with 2 Septic Systems. Old abandoned Home & Trailer Along with an Out Building and a Couple of Sheds. Land is being SOLD AS IS, All Utilities Will Need to be Inspected At the Buyer expense. Great Opportunity to be Able to Build the Home Of Your Dreams or Use As Private Getaway for you Camper to be Set Year Round. Land is Mostly Flat with Partial Woods & Partial Clearing. MUST SEE TO APPRECIATE ITS BEAUTY.

Property Details

Property Type

  • Land

Lot Details

  • 7.85

Additional Features

  • 7.85 Acre Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 073200 52.00-2-50.1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Lot Size Acres: 7.85
  • Water Body Name: None
  • Directions: From State Route 224, Turn South onto State Route 223 West (5.6 miles) Continue Straight onto Marsh Rd (.05 miles) Turn Right onto Fairview Rd (.5 miles) Turn Left onto Wheaton Rd (.1 miles) Sign will be on the Left
  • Property Sub Type Additional: Land
  • Attribution Contact: hswift@kw.com
  • Special Features: None

Utilities

  • Sewer: Other, See Remarks
  • Utilities: Electricity Available, Natural Gas Available, Other, See Remarks
  • Water Source: Other, See Remarks, Well

Schools

  • Elementary School: Other - See Remarks
  • Junior High Dist: Horseheads

Lot Info

  • Lot Size Sq Ft: 341946.0
  • Parcel #: 073200 52.00-2-50.1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Nov 5, 2019
Sold by
Sorensen Jessica L
Bought by
Shutts Steven
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Current Estimated Value
$69,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,428
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 18, 2019
Sold by
Sorenson Jessica L and Sorenson Kyle L
Bought by
Shutts Steven and Shutts Melody
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Perry Emily J
Bought by
Sorensen Jessica L

Purchase Details

Closed on
Dec 28, 2016
Sold by
Perry Sandra J
Bought by
Perry Emily J
Source: Public Records
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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
Shutts Steven $35,000 None Available
Shutts Steven $35,000 None Available
Sorensen Jessica L $14,500 --
Sorensen Jessica L $14,500 --
Perry Emily J -- John R. Mcglenn
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2019 10/24/19 Sold $35,000 -30.0% $44 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $50,000 -- $63 / Sq Ft
Source: Ithaca 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 $1,172 $25,500 $22,000 $3,500
2023 $1,070 $25,500 $22,000 $3,500
2022 $1,079 $25,500 $22,000 $3,500
2021 $1,068 $25,500 $22,000 $3,500
2020 $1,140 $25,500 $22,000 $3,500
2019 $1,142 $29,000 $25,500 $3,500
2018 $1,142 $29,000 $25,500 $3,500
2016 $2,845 $46,200 $25,500 $20,700
2015 -- $46,200 $25,500 $20,700
2014 -- $46,200 $25,500 $20,700
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB317827

APN: 073200-052-000-0002-050-001-0000