NOT LISTED FOR SALE

340 Main St Otego, NY 13825

Estimated Value: $217,000 - $274,265

8 Beds
4.5 Baths
4,924 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2023

Last sale price $229,000 $47 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,822 / mo

99 Days on Market

Highlights

  • 1.94 Acre Lot
  • 1 Fireplace
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Open Patio

About This Home

As of August 2023

Two homes for this price in the quaint village of Otego!Restored1850's home at 340 Main Street has been completely painted inside and out. Original floors, plaster walls, and windows have been restored. This 2538 Sq Ft home sits on 1.66 acres has a nice floor plan with two spacious livings rooms (one with a corner fireplace), roomy dining room for gatherings, nicely designed Prep Kitchen/Cooking Kitchen. 2 and 1/2 bathrooms, two master suites. One downstairs and one upstairs total of 4 bedrooms. Attached Carriage House with workshop on second floor. Storage Storage. The home has been restored keeping with the authenticity of the house. This house has a lot to offer.338 Main Street,Tax#317.15-2-24.00 is sold as is. Restorations already started. New roof, new siding on front and back of house, some new windows. 2386 Sq Feet, 4-bedroom, 2 Bath. (One bedroom on the first floor). Functioning forced air furnace, with some electric heat. Add some time and love to this home and bring it back to the beauty it once was.Homes share a driveway.Come take a look at these 2 homes. You will not be dissappointed.

Last Agent to Sell the Property

Roberta J Frazier

Listing by Benson Agency Real Estate LLC Brokerage Phone: 607-435-9118 License #40FR1175103 Listed on: 01/17/2023

Last Buyer's Agent

Lynn Butler

Listing by Benson Agency Real Estate LLC License #10401232911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 1850

Lot Details

  • 1.94 Acre Lot

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,924 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 317.15-2-34.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,415

Year Built

Built in 1850

Lot Details

1.94 Acres

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1850
  • Attribution Contact: 607-435-9118
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Take Route 7 west to the town of Otego. Houses are on the left side of Main Street two houses down from the red light. Look for signs.
  • Flooring: Hardwood, Varies
  • Garage Yn: Yes
  • Year Built Details: Existing Unknown
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplaces: 1

Exterior Features

  • Acres: 1.94
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Common, Garage, Two or More Spaces

Utilities

  • Heating: Electric, Oil, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Unatego

Lot Info

  • Parcel Number: 317.15-2-34.00
  • Lot Size Sq Ft: 84506.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3415.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jun 23, 2023
Sold by
Bought by
Seller's Agent
Roberta J Frazier
Benson Agency Real Estate LLC
Buyer's Agent
Lynn Butler
Benson Agency Real Estate LLC
List Price
$260,000
Sold Price
$229,000
Premium/Discount to List
-$31,000
-11.92%
Views
253
Current Estimated Value
$248,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,566
Avg. Annual Appreciation
2.94%
Original Mortgage
$206,100
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$229,000 None Available
$229,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $206,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $229,000 -4.2% $47 / Sq Ft
04/10/2023 04/10/23 Price Changed $239,000 -8.1% $49 / Sq Ft
01/17/2023 01/17/23 For Sale $260,000 -- $53 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,685 $198,000 $31,300 $166,700
2024 $5,501 $198,000 $31,300 $166,700
2023 $3,413 $125,000 $31,300 $93,700
2022 $3,415 $125,000 $31,300 $93,700
2021 $3,094 $125,000 $31,300 $93,700
2020 $4,134 $125,000 $31,300 $93,700
2019 $3,565 $198,000 $31,300 $166,700
2018 $5,233 $198,000 $31,300 $166,700
2017 $5,246 $198,000 $31,300 $166,700
2016 $5,243 $198,000 $31,300 $166,700
2015 -- $198,000 $31,300 $166,700
2014 -- $198,000 $31,300 $166,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD137395

Otsego-Delaware Board of REALTORS®

APN: 364801-317-015-0002-034-000-0000

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