NOT LISTED FOR SALE

388 Salt Rd Locke, NY 13092

Estimated Value: $264,000 - $401,232

56.95 Acres
$5,720 Price per Acre
2,480,742 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $172,500

Est. 89% increase in value since last sale

Current estimated payment $1,994/month

9 Days on Market

Highlights

  • Home fronts a pond
  • Creek On Lot
  • Corner Lot
  • 56.95 Acre Lot
  • Partially Wooded Lot
  • Horse or Livestock Barn

About This Lot

As of September 2021

Hunter's paradise (some tree stands included-see one in photo) Finished loft area with woodstove in older barn. Solar panel for power. Electric Service at road and eco toilet. Two beautiful ponds
and stream for fishing. One older cow barn and one newer style pole barn with 4 horse stalls, paddock. Level area for riding arena. Acreage approximate. with about 25 acres tillable. Owner will not survey. Artesian well not hooked up to barns. Possibilities with this property are endless! Please consult with Town of Summerhill code enforcement for usage. One of the most beautiful hobby farms around! Property borders Salt Road and some on Montgomery Road.

Last Agent to Sell the Property

Sally Brown Kurtz

Listing by Hage Real Estate License #30KU0733996 Listed on: 06/07/2021

Last Buyer's Agent

Sally Brown Kurtz

Listing by Hage Real Estate License #30KU0733996 Listed on: 06/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,735

Lot Details

  • 56.95 Acre Lot
  • Lot Dimensions are 856 x 841
  • Home fronts a pond
  • Rural Setting
  • Corner Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • Dirt Driveway

Farming

  • Horse or Livestock Barn
  • Tillable Land

Additional Features

  • Creek On Lot
  • Heating System Uses Wood

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 055800-253-000-0001-010-013-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,735

Lot Details

0

Listing Details

  • Topography: Rolling
  • NY Swis Code: Summerhill-055800
  • Total Assessed Value: 104500
  • Buildings Structures: Barn - Wood, Barn-Horse
  • Development Status: Crops Planted
  • Land Features: Creek/Stream, Open Farm, Pond, Water View, Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 856
  • Lot Dimension Front: 841
  • Lot Information: Corner Lot, Rural, Tillable
  • Lot Number: 10
  • Lot Shape: Irregular
  • Nearest Cross Street: Route 90
  • Number of Crop Acres: 25.0000
  • Possible Uses: Agriculture, Horses, Recreational
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 3028.97
  • Ratio List Price By Acres: 3158.91
  • Regional Board Code: Syracuse
  • School Tax: 1896
  • Sub Board Code: Cortland
  • Type: Agricultural, Farm - Working
  • Type of Sale: Normal
  • Lot Sq Ft: 2480742
  • Directions To Property: Route 90 to Salt Road. Property on left. See gates and sign.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: Rural
  • Waterfront Name: The Pond
  • Number of Acres: 56.9500
  • Waterfront Description: Pond

Garage/Parking

  • Driveway Description: Dirt

Utilities

  • Heating Fuel Description: Wood
  • Utilities Available: Electric

Schools

  • School District: Groton

Lot Info

  • Parcel Number: 055800-253-000-0001-010-013-0000

Tax Info

  • Total Taxes: 3735

MLS Schools

  • School District Name: Groton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 4, 2021
Sold by
Knobel Thomas M
Bought by
Zook Jonas and Zook Saloma
Seller's Agent
Sally Brown Kurtz
Hage Real Estate
Buyer's Agent
Sally Brown Kurtz
Hage Real Estate
List Price
$179,900
Sold Price
$172,500
Premium/Discount to List
-$7,400
-4.11%
Current Estimated Value
$325,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,244
Avg. Annual Appreciation
20.73%

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 7, 2021
Sold by
Fichera Michael J
Bought by
Knobel Thomas M
Seller's Agent
Sally Brown Kurtz
Hage Real Estate
Buyer's Agent
Sally Brown Kurtz
Hage Real Estate
List Price
$179,900
Sold Price
$172,500
Premium/Discount to List
-$7,400
-4.11%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Fichera Michael
Bought by
Knobel Thomas
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
Zook Jonas $172,500 Stewart Title
Knobel Thomas M -- Stewart Title
Knobel Thomas $138,000 Edmund Hoffman
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $172,500 -4.1% --
06/16/2021 06/16/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $179,900 -- --
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 $3,207 $290,500 $154,300 $136,200
2023 $8,245 $290,500 $154,300 $136,200
2022 $1,814 $122,000 $75,000 $47,000
2021 $4,482 $104,500 $75,000 $29,500
2020 $4,367 $104,500 $75,000 $29,500
2019 $1,804 $104,500 $75,000 $29,500
2018 $1,688 $104,500 $75,000 $29,500
2017 $1,672 $104,500 $75,000 $29,500
2016 $3,933 $104,500 $75,000 $29,500
2015 -- $104,500 $75,000 $29,500
2014 -- $104,500 $75,000 $29,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sally Brown Kurtz

    Hage Real Estate

    (607) 345-5353

    1 in this area

    54 Total Sales

    Sally Brown Kurtz
    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1342749

Cortland County Board of REALTORS®

APN: 055800-253-000-0001-010-013-0000

New York Cayuga County Locke 13092

388 Salt Rd, Locke, NY

This home is located at 388 Salt Rd, Locke, NY 13092 since 07 June 2021 and is currently estimated at $325,744. 388 Salt Rd is a home located in Cayuga County with nearby schools including Groton Elementary School, Groton Junior/Senior High School, and Summerhill Parochial School.

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