NOT LISTED FOR SALE

306 Lake Rd Mc Donough, NY 13801

Estimated Value: $175,000 - $207,000

4 Beds
-- Bath
1,160 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $85,000 $73 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,402/month

83 Days on Market

Highlights

  • Beach Access
  • 1 Car Detached Garage
  • Carpet
  • Cottage
  • Shed
  • Gas Fireplace

About This Home

As of February 2016

Seasonal home on beautiful GENEGANTSLET LAKE, home has not been used in a while, is in fair condition, has beautiful fireplace in LR. porch overlooking the lake. Property is 1 ACRE and has 175 FEET OF LAKE FRONTAGE.

Last Agent to Sell the Property

Veronica Beckwith

Listing by Northeast Realty License #30BE0684599 Listed on: 09/15/2015

Last Buyer's Agent

Veronica Beckwith

Listing by Northeast Realty License #30BE0684599 Listed on: 09/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1920

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Pier And Beam

Interior Spaces

  • 4 Bedrooms
  • 1,160 Sq Ft Home
  • Gas Fireplace

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Beach Access
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 142.12-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Mc Donough-083600
  • Total Assessed Value: 89700
  • Construction: Frame
  • Foundation Description: Pier and Beam
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 85000.00
  • Ratio Close Price By Sq Ft: 73.28
  • Ratio List Price By Acres: 124000.00
  • Ratio List Price By Sq Ft: 106.90
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1925
  • Styles of Residence: Cottage
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 43560
  • Age of Building: 103
  • Year Built: 1920
  • Directions To Property: From center of McDonough, take a RIGHT onto Co. Rd. 5, then take LEFT onto Lake Road, staying to the right, until you see sign on right.
  • WaterRelatedFeatures: Beach/Water Access
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Interior Features: Electrical Fuses - some
  • Floor Description: Carpet, Vinyl-Some
  • Kitchen Appliances Included: Oven/Range Electric
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bedrooms: 4
  • Total Sq Ft: 1160

Exterior Features

  • Number of Acres: 1.0000

Garage/Parking

  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Schools

  • School District: OxfordAcademy and Central

Lot Info

  • Parcel Number: 142.12-1-5

Tax Info

  • Total Taxes: 4225

MLS Schools

  • School District Name: OxfordAcademy and Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Feb 1, 2016
Sold by
Matteson June
Bought by
Hoops Robert
Seller's Agent
Veronica Beckwith
Northeast Realty
Buyer's Agent
Veronica Beckwith
Northeast Realty
List Price
$124,000
Sold Price
$85,000
Premium/Discount to List
-$39,000
-31.45%
Current Estimated Value
$191,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,431
Avg. Annual Appreciation
8.89%
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
Hoops Robert $85,000 Leonard William Smith
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Sold $85,000 -31.5% $73 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $124,000 -- $107 / Sq Ft
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 $4,313 $89,700 $23,900 $65,800
2023 $4,440 $89,700 $23,900 $65,800
2022 $4,390 $89,700 $23,900 $65,800
2021 $4,360 $89,700 $23,900 $65,800
2020 $4,425 $89,700 $23,900 $65,800
2019 $4,296 $89,700 $23,900 $65,800
2018 $4,296 $89,700 $23,900 $65,800
2017 $4,172 $89,700 $23,900 $65,800
2016 $4,148 $89,700 $23,900 $65,800
2015 -- $89,700 $23,900 $65,800
2014 -- $89,700 $23,900 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD102346

Otsego-Delaware Board of REALTORS®

APN: 083600-142-120-0001-005-000-0000