$115,000
SOLD MAY 16, 2022

2867 McGraw Marathon Rd Mc Graw, NY 13101

50.8 Acres
$2,264 Price per Acre
2,212,848 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • 50.8 Acre Lot
  • Partially Wooded Lot
  • Rectangular Lot

About This Lot

As of January 2023

Looking for either tillable acreage or recreational land? Look no further! Just minutes from Interstate 81, this property boasts over 50 acres and has an existing non-inhabitable structure, with existing septic and well. Property is sold as is. The land has a gentle slope and is partially wooded.

Last Agent to Sell the Property

Dana Decker

Listing by Berkshire Hathaway HomeServices Heritage Realty License #10491206226 Listed on: 02/19/2022

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Debra Miller

Listing by Coldwell Banker Prime Prop,Inc License #10401305954

Coldwell Banker Prime Prop,Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,899

Year Built

  • Built in 1860

Lot Details

  • 50.8 Acre Lot
  • Lot Dimensions are 2,765 x 745
  • Property fronts a county road
  • Rectangular Lot
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • Dirt Driveway

Home Design

  • Stone Foundation

Interior Spaces

  • 1,298 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Farming

  • Tillable Land

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 112600-109-000-0001-005-100-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,899

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Topography: Slight Slope
  • NY Swis Code: Freetown-112600
  • Total Assessed Value: 109700
  • Foundation Description: Stone
  • Land Features: Open Farm, Pond, Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 2765
  • Lot Dimension Front: 745
  • Lot Information: Tillable
  • Lot Number: 5
  • Lot Shape: Rectangular
  • Nearest Cross Street: Clock Road
  • Number of Stories: 1.5000
  • Possible Uses: Agriculture, Recreational
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 2263.78
  • Ratio Close Price By Sq Ft: 88.60
  • Ratio List Price By Acres: 2360.24
  • Ratio List Price By Sq Ft: 92.37
  • Regional Board Code: Syracuse
  • Styles of Residence: Rehab Needed
  • Sub Board Code: Cortland
  • Type: Farmland, Recreation, Residential
  • Type of Sale: Normal
  • Lot Sq Ft: 2212848
  • Age of Building: 162
  • Year Built: 1860
  • Directions To Property: 81 to McGraw Marathon Road, property is on your left. Or Mcgraw to McGraw Marathon Road, property is on your right.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1298

Exterior Features

  • Frontage Road: County
  • Construction: Wood
  • Number of Acres: 50.8000

Garage/Parking

  • Driveway Description: Dirt

Utilities

  • Utilities Available: Electric
  • Waste Disposal: Septic Existing
  • Water Supply: Well

Schools

  • School District: Marathon

Lot Info

  • Parcel Number: 112600-109-000-0001-005-100-0000

MLS Schools

  • School District Name: Marathon

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

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $114,000 -4.9% $70 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $119,900 -4.0% $74 / Sq Ft
09/20/2022 09/20/22 Price Changed $124,900 -6.8% $77 / Sq Ft
09/06/2022 09/06/22 Price Changed $134,000 -6.9% $82 / Sq Ft
08/18/2022 08/18/22 Price Changed $144,000 -3.4% $88 / Sq Ft
08/03/2022 08/03/22 For Sale $149,000 +29.6% $92 / Sq Ft
05/16/2022 05/16/22 Sold $115,000 -4.1% $89 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $119,900 -- $92 / Sq Ft
Source: Cortland County 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 $1,899 $109,700 $77,100 $32,600
2023 $3,348 $109,700 $77,100 $32,600
2022 $4,160 $109,700 $77,100 $32,600
2021 $4,129 $109,700 $77,100 $32,600
2020 $3,593 $109,700 $77,100 $32,600
2018 $1,692 $95,500 $61,900 $33,600
2017 $2,670 $95,500 $61,900 $33,600
2016 $2,715 $95,500 $61,900 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1389696

Cortland County Board of REALTORS®

APN: 112600-109-000-0001-005-100-0000