NOT LISTED FOR SALE

401 Searles Rd Margaretville, NY 12455

Estimated Value: $396,000 - $496,000

3 Beds
1 Bath
1,300 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $206,250 $159 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,539/month

167 Days on Market

Highlights

  • Deck
  • Cottage
  • Shed
  • Wood Flooring
  • Patio
  • Baseboard Heating

About This Home

As of April 2016

Absolutely charming cottage will offer you three bedrooms, a full bath and this home is not only immaculate but also turn-key. Situated on 8 acres with a Park like setting with many beautiful perennials, mature trees and some very nice Catskill mountains views to boot. There is a private deck to the back of home with room for your outdoor BBQ time, stone walls and a shed which has a workshop with electric. Something you don't see everyday is the adorable spring house that was once used and lovingly maintained and could still be used if wished. What a great conversation piece and how the kids would just love to make a little play house on the main floor. Kitchen is very functional and there is a laundry room as well as a fireplace for those chilly nights. Located off of a maintained paved road and only a few minutes from Main Street Margaretville, and not to mention the Ski Centers, Golf courses, Pepacton Reservoir, hospital, restaurants & shops. Such a great location.

Last Agent to Sell the Property

Esther de Jong

Listing by Coldwell Banker Timberland Properties License #10301216615 Listed on: 07/23/2015

Coldwell Banker Timberland Properties

Co-Listed By

Sean O'Shaughnessy

Listing by Coldwell Banker Timberland Properties License #10401221373

Last Buyer's Agent

Philip O'Beirne

Listing by Frank Lumia Real Estate Plus! LLC License #30OB0874959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1940

Lot Details

  • 8 Acre Lot

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Freezer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 285.-1-35

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Margaretville-Village-124603
  • Construction: Frame
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 25781.25
  • Ratio Close Price By Sq Ft: 158.65
  • Ratio List Price By Acres: 28062.50
  • Ratio List Price By Sq Ft: 172.69
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1110
  • Styles of Residence: Cottage
  • Sub Board Code: Otsego-Delaware
  • Village: Margaretville-Village
  • Lot Sq Ft: 348480
  • Age of Building: 83
  • Year Built: 1940
  • Directions To Property: From Margaretville turn right on 30 go 0.7 mi and make left on Cemetery Rd go 0.4 mi and make left on Searles Rd. Go 0.4 mi property is on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Floor Description: Carpet, Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Dryer, Freezer, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Washer
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1300

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, High Speed Internet, Patio
  • Number of Acres: 8.0000

Utilities

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

Schools

  • School District: Margaretville

Lot Info

  • Parcel Number: 285.-1-35

Tax Info

  • Total Taxes: 2975

MLS Schools

  • School District Name: Margaretville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2015
Closed on
Apr 29, 2016
Sold by
Braton Margaret A
Bought by
Daniels Loren and Daniels Susan
Seller's Agent
Esther de Jong
Coldwell Banker Timberland Properties
Buyer's Agent
Philip O'Beirne
Frank Lumia Real Estate Plus! LLC
List Price
$224,500
Sold Price
$206,250
Premium/Discount to List
-$18,250
-8.13%
Current Estimated Value
$428,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,858
Avg. Annual Appreciation
9.35%
Original Mortgage
$136,250
Outstanding Balance
$109,511
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$363,433

Purchase Details

Closed on
Dec 5, 1997
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
Daniels Loren $206,250 Jerald M Stein
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Loren $136,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $206,250 -8.1% $159 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
07/23/2015 07/23/15 For Sale $224,500 -- $173 / 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 $2,477 $190,800 $58,800 $132,000
2023 $3,798 $190,800 $58,800 $132,000
2022 $3,617 $190,800 $58,800 $132,000
2021 $3,621 $190,800 $58,800 $132,000
2020 $3,645 $190,800 $58,800 $132,000
2019 $3,700 $190,800 $58,800 $132,000
2018 $3,700 $190,800 $58,800 $132,000
2017 $3,672 $190,800 $58,800 $132,000
2016 $3,136 $190,800 $58,800 $132,000
2015 -- $190,800 $58,800 $132,000
2014 -- $190,800 $58,800 $132,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Esther de Jong

    Coldwell Banker Timberland Properties

    (718) 801-9398

    14 Total Sales

    Section Image
  • Sean O'Shaughnessy

    Seller Co-Listing Agent in 2016

    Sean O'Shaughnessy

    Coldwell Banker Timberland Properties

    (607) 287-0030

    14 Total Sales

    Section Image

  • P

    Buyer's Agent in 2016

    Philip O'Beirne

    Frank Lumia Real Estate Plus! LLC

See All Agents

Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD101418

Otsego-Delaware Board of REALTORS®

APN: 124689-285-000-0001-035-000

New York Delaware County Margaretville 12455

401 Searles Rd, Margaretville, NY

This home is located at 401 Searles Rd, Margaretville, NY 12455 since 23 July 2015 and is currently estimated at $432,350, approximately $332 per square foot. This property was built in 1940. 401 Searles Rd is a home located in Delaware County with nearby schools including Margaretville Central School and Catskill Mountain Christian Academy.

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