NOT LISTED FOR SALE

2949 Firelane 3 Moravia, NY 13118

Estimated Value: $194,000 - $273,009

2 Beds
1 Bath
640 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $150,000 $234 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,557/month

125 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Full Attic
  • Cottage
  • Property is near a lake
  • Great Room
  • Porch

About This Home

As of May 2017

Delightful, remodeled cottage on Owasco Lake! Best of both worlds with beautiful views plus 100 feet of shared level lakefront while paying only a 1/3 of the taxes! Ranch style cottage features an eat in kitchen, huge dining/living open area with wood burning fireplace, full bath and storage room. Electric heat to expand the season. Large lot with some woods has potential for expansion. Private waterfront dock. Fully furnished to move in and enjoy the beauty of Owasco Lake.

Last Agent to Sell the Property

Susan Briggs

Listing by Yaman Real Estate License #30BR0625610 Listed on: 03/21/2016

Last Buyer's Agent

Susan Briggs

Listing by Yaman Real Estate License #30BR0625610 Listed on: 03/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1952

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 258 x 102
  • 100 Feet of Waterfront

Home Design

  • Cottage

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Scuttle Attic Hole
  • Unfinished Attic

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Property is near a lake
  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 056200-187-009-0001-022-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,184

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 64
  • NY Swis Code: Venice-056200
  • Total Assessed Value: 172500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 258
  • Lot Dimension Front: 102
  • Lot Information: Secondary Road
  • L P Per Acre: 278524.5900
  • List Price per Sq Ft: 265.4687
  • Nearest Cross Street: Route 38
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 245901.64
  • Ratio Close Price By Sq Ft: 234.38
  • Ratio List Price By Acres: 278524.59
  • Ratio List Price By Sq Ft: 265.47
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 1606
  • Styles of Residence: Cottage, Ranch
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Value Range Search Low Price: 169900.00
  • Year Built Description: Existing
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: From Moravia travel to Route 38 to Fire Lane 3. At bottom of road turn right. Cottage is on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Great Room, Living Room, Porch - Open
  • Attic Description: Full, Scuttle Access, Unfinished
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 640

Exterior Features

  • Construction: Wood
  • Waterfront Name: Owasco Lake
  • Additional Exterior Features: Dock- see Remarks, Wood Screens/Storms-some
  • Number of Acres: 0.6100
  • Waterfront Description: Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway Description: Parking Area, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 056200-187-009-0001-022-001-0000

Tax Info

  • Total Taxes: 3184

MLS Schools

  • School District Name: Southern Cayuga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Simon Susan B
Bought by
Simon Andrew G and Simon Janet A
Current Estimated Value
$241,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Outstanding Balance
$95,652
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$145,850

Purchase Details

Closed on
Jun 6, 2022
Sold by
Simon Susan B
Bought by
Simon Susan B and Simon Andrew G

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 16, 2017
Sold by
Briggs David
Bought by
Simon Susan B
Seller's Agent
Susan Briggs
Yaman Real Estate
Buyer's Agent
Susan Briggs
Yaman Real Estate
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$120,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simon Andrew G $229,000 Stewart Title
Simon Susan B $610,750 Thurston Law Office
Simon Susan B $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Andrew G $103,000
Previous Owner Simon Susan B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $150,000 -11.7% $234 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $169,900 -- $265 / 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 $3,531 $153,000 $75,000 $78,000
2023 $3,439 $153,000 $75,000 $78,000
2022 $2,855 $99,900 $35,000 $64,900
2021 $2,840 $99,900 $35,000 $64,900
2020 $2,835 $99,900 $35,000 $64,900
2019 $1,503 $99,900 $35,000 $64,900
2018 $2,829 $99,900 $35,000 $64,900
2017 $2,797 $99,900 $35,000 $64,900
2016 $2,782 $99,900 $35,000 $64,900
2015 -- $72,000 $15,000 $57,000
2014 -- $72,000 $15,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S350006

Cortland County Board of REALTORS®

APN: 056200-187-009-0001-022-001-0000