NOT LISTED FOR SALE

339 Arnold Lake Rd Milford, NY 13807

Estimated Value: $226,958 - $539,000

2 Beds
1 Bath
720 Sq Ft
$532/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $260,000 $361 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,856/month

341 Days on Market

Highlights

  • Beach Access
  • Deck
  • Cottage
  • 20.74 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of February 2018

LAKE FRONT COTTAGE WITH OVER 20 ACRES ADJACENT TO *STATE LAND* Located on the areas best kept secret, Arnold Lake! What's nice about Arnold lake is the ability to walk, jog or bike around the entire lake, yes its that private. The rustic cottage is currently a Dreams Park rental receiving $1200.00 dollars a week for the summer months. Theres also a fall market that is not being capitalized on. Included in the sale of this property is an additional 3 houses that are in the need of some work if you so choose. Taking advantage of these 3 buildings could bring in additional revenue this is a great investment. Houses on Arnold lake rarely come to market and when they do, they stay within the family for generations. If you are in the market for an investment or summer get away this home is worth the look. Arnold lake is just a short drive to Cooperstown and Oneonta. PRICE REDUCED TO $275,000

Last Agent to Sell the Property

James Vrooman

Listing by Keller Williams Upstate NY Properties License #10401225654 Listed on: 12/19/2016

Last Buyer's Agent

James Vrooman

Listing by Keller Williams Upstate NY Properties License #10401225654 Listed on: 12/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1942

Lot Details

  • 20.74 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 720 Sq Ft Home
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Heating System Uses Wood
  • Water Rights
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 177.04-2-12.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1942

Lot Details

0

Listing Details

  • NY Swis Code: Hartwick-363200
  • Total Assessed Value: 195200
  • Construction: Frame
  • Foundation Description: Pier and Beam
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 12536.16
  • Ratio Close Price By Sq Ft: 361.11
  • Ratio List Price By Acres: 13259.40
  • Ratio List Price By Sq Ft: 381.94
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • School Tax: 2963
  • Styles of Residence: Cottage
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 903434
  • Age of Building: 81
  • Year Built: 1942
  • Directions To Property: 28 South take a right on County Rd 45- 28 North take a left on County Rd 45 - - Take a left on Arnold Lake Road .7 miles house is on the Right- Lake is on the left.
  • WaterRelatedFeatures: Beach/Water Access, Deeded Water Rights
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 720

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 20.7400

Garage/Parking

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

Utilities

  • Heating Fuel Description: Wood
  • Hvac Type: Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Propane
  • Water Supply: Well

Schools

  • School District: Milford

Lot Info

  • Parcel Number: 177.04-2-12.03

Tax Info

  • Total Taxes: 4337

MLS Schools

  • School District Name: Milford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2016
Closed on
Feb 6, 2018
Sold by
Harrison Rodger and Nagtalon Dante C
Bought by
Impact Ventures 3 Llc
Seller's Agent
James Vrooman
Keller Williams Upstate NY Properties
Buyer's Agent
James Vrooman
Keller Williams Upstate NY Properties
List Price
$235,000
Sold Price
$260,000
Premium/Discount to List
$25,000
10.64%
Current Estimated Value
$453,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,675
Avg. Annual Appreciation
8.11%
Original Mortgage
$200,152
Outstanding Balance
$173,462
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,809
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Impact Ventures 3 Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Impact Ventures 3 Llc $200,152
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $260,000 +10.6% $361 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $235,000 -- $326 / 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 $4,463 $116,800 $116,800 $0
2023 $2,495 $116,800 $116,800 $0
2022 $2,507 $116,800 $116,800 $0
2021 $2,496 $116,800 $116,800 $0
2020 $4,485 $116,800 $116,800 $0
2019 $4,259 $116,800 $116,800 $0
2018 $4,259 $195,200 $116,800 $78,400
2017 $3,159 $195,200 $116,800 $78,400
2016 $5,709 $195,200 $116,800 $78,400
2015 -- $195,200 $116,800 $78,400
2014 -- $195,200 $116,800 $78,400
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD108801

Otsego-Delaware Board of REALTORS®

APN: 363200-177-004-0002-012-003-0000