NOT LISTED FOR SALE

256 Benecke Rd Margaretville, NY 12455

Estimated Value: $250,000 - $1,701,000

3 Beds
1.5 Baths
1,600 Sq Ft
$704/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $1,200,000 $750 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,599/month

1 Day on Market

Highlights

  • Home fronts a pond
  • Creek or Stream View
  • Private Lot
  • 198.8 Acre Lot
  • Meadow
  • Pond

About This Home

As of February 2021

"What Dreams Are Made Of" 198.8 acres of ULTRA PRIVATE, untouched wilderness! In addition, this property is surrounded on almost all sides by thousands more acres of State Land! It has views of Mountains, Valleys, Streams, Ponds, and Meadows...just to name a few! There are apple orchards and a large bluestone quarry as well as lots of water features on the property, the house overlooks a half acre pond and there is an even bigger pond, about 3/4 acre in size, further from the house. Also, there is a Trout Stream on the property, and many springs coming down the mountainside. The property has a classic farmhouse built in 1938 by the Civilian Conservation Corps. with many features. It is a delightful home but in need of renovations and upgrades. The road is a Dead End town maintained 1/4 mile long road that leads to house. In 2009, DEP and NYC installed a new septic system. If you have ever wanted to escape the everyday grind to be in a place that you can see and feel nature all around you, a private utopia all your own...then this is the place for you. Link to Drone video https://vimeo.com/367262950 Listing agent must be present for all showings.

Last Agent to Sell the Property

Forest Barber

Past Member License #10401329326 Listed on: 11/08/2020

Last Buyer's Agent

Amy Rosen

Ruth Gale Realty License #10401300199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,280

Year Built

  • Built in 1938

Lot Details

  • 198.8 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Dirt Road
  • Private Lot
  • Secluded Lot
  • Steep Slope
  • Meadow
  • Wooded Lot
  • Property is zoned R5

Parking

  • Driveway

Property Views

  • Creek or Stream
  • Mountain
  • Meadow
  • Valley

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Asphalt Roof
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pond

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 1.1 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,280

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 198.8
  • Road Surface Type: Dirt, Gravel
  • View Type:Pond View: Creek/Stream, Meadow, Mountain(s), Valley, Water
  • Co List Office Phone: 845-481-2700
  • MLS Status: Closed
  • Architectural Style: Farmhouse
  • Master Plan Zoning: R5
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 198.8
  • General Property Information Lot Size Dimensions: 198.8
  • Flooring:Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Foundation Details Slab: Yes
  • Location Tax and Legal:Tax Annual Amount: 9280.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Water Source:Well: Yes
  • View Meadow2: Yes
  • Architectural Style Farm House: Yes
  • View Water3: Yes
  • Road Surface Type Gravel2: Yes
  • Road Surface Type Dirt2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront Features: Creek, Pond, Stream, Other
  • Waterfront: Yes
  • Construction Type: Clapboard
  • Foundation Details: Slab
  • Lot Features:Meadow: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Pond On Lot: Yes
  • Lot Features:Private: Yes
  • Lot Features:Secluded: Yes
  • Construction Materials:Clapboard: Yes
  • Waterfront Features:Pond2: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes
  • Lot Features:Steep Slope: Yes
  • View:CreekStream: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 100 Amp Service
  • Heating: Forced Air, Oil, Wood
  • HeatingYN: Yes
  • Water Source: Well
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood3: Yes

Schools

  • Junior High Dist: Margaretville Central Schools

Lot Info

  • Lot Features: Pond on Lot, Gentle Sloping, Meadow, Private, Secluded, Steep Slope, Wooded
  • Lot Dimensions: 198.8
  • Lot Size Sq Ft: 8659728.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9280.0
  • Tax Block: 1
  • Tax Lot: 1.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Feb 19, 2021
Sold by
Stern Josephine
Bought by
Grimm Lauren and Grimm Joseph
Seller's Agent
Forest Barber
Past Member
Buyer's Agent
Amy Rosen
Ruth Gale Realty
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Current Estimated Value
$1,126,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,227
Avg. Annual Appreciation
-1.37%
Original Mortgage
$840,000
Outstanding Balance
$754,709
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,064
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
Grimm Lauren $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Lauren $840,000
Previous Owner Stern Josephine $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,200,000 -11.0% $750 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $1,349,000 -- $843 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $6,088 $469,000 $336,000 $133,000
2023 $9,335 $469,000 $336,000 $133,000
2022 $8,892 $469,000 $336,000 $133,000
2021 $8,901 $469,000 $336,000 $133,000
2020 $10,578 $469,000 $336,000 $133,000
2019 $10,798 $469,000 $336,000 $133,000
2018 $10,798 $478,500 $336,000 $142,500
2017 $10,709 $478,500 $336,000 $142,500
2016 $7,309 $478,500 $336,000 $142,500
2015 -- $478,500 $336,000 $142,500
2014 -- $478,500 $336,000 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20204830

Hudson Valley Catskills Region Multiple List Service

APN: 124689-347-000-0001-001-100