NOT LISTED FOR SALE

437 Otsego St Ilion, NY 13357

Estimated Value: $228,000 - $300,306

5 Beds
3 Baths
2,170 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $225,000 $104 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,630/month

7 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 14.64 Acre Lot
  • Wood Flooring
  • Partial Attic

About This Home

As of June 2022

Take a step back in time .... This homestead takes you back to 1785 with decades of history to be had here. The former known as the "Clapsaddle Farm" is located withing the Village of Ilion on the waterfront of Steele Creek which is known for Trout fishing. Over the decades it has transformed into many operations such as an Art and Farmers Market, as well as a Fresh Cider Farm. There is 100 plus apple trees on the property never sprayed. The cider press operation is currently at the property but not used on years. The home was total gutted and renovated about 30 years ago and half has a new foundation. There is 4-5 bedrooms and 3 full baths and 3 fireplace and large wood stove in basement. Main source of heat is Electric baseboard. There is 14.64 acres and most is flat. The home has Village water and municipal electric and septic tank. There is 3 large buildings which need some maintenance, 36x130 barn, 20x80 garage and 27x60 cider press and store.

Last Agent to Sell the Property

Delbert Ball

Listing by Keller-Williams Mohawk Valley License #10401246417 Listed on: 11/23/2021

Keller-Williams Mohawk Valley

Last Buyer's Agent

Rebecca Smith

Listing by Accent Brokerage, Inc. License #10311200694

Accent Brokerage, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,004

Year Built

  • Built in 1785

Lot Details

  • 14.64 Acre Lot
  • 40 Ft Wide Lot

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Poured Concrete
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,170 Sq Ft Home
  • 1.75-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Attic

  • Partial Attic
  • Pull Down Stairs to Attic

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Stone Driveway

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Flood Zone Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 119.60-4-29.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,004

Year Built

Built in 1785

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Ilion Village-German Flatts-212801
  • Total Assessed Value: 122450
  • Foundation Description: Poured, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Front: 40
  • Lot Information: Agricultural District, Flood Zone
  • Nearest Cross Street: Richfield Sr
  • Number of Stories: 1.7500
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 15368.85
  • Ratio Close Price By Sq Ft: 103.69
  • Ratio List Price By Acres: 17008.20
  • Ratio List Price By Sq Ft: 114.75
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 2803
  • Styles of Residence: Cape Cod
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Village: Ilion-Village
  • Year Built Description: Existing
  • Age of Building: 237
  • Year Built: 1785
  • Directions To Property: Travel Otsego st south turn on to Richfield st Look for signs , private driveway
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1785

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: 1st Floor Bedroom, Family Room, Living Room, Office
  • Attic Description: Partial, Pull Down Stairs
  • Basement Description: Crawl Space, Partial
  • Floor Description: Tile-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Freestanding: 1
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2170

Exterior Features

  • Construction: Cedar, Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 14.6400

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 4.0000

Utilities

  • Heating Fuel Description: Electric, Wood
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 119.60-4-29.1

Tax Info

  • Total Taxes: 7004

MLS Schools

  • School District Name: Central Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jun 14, 2022
Sold by
Parker James A
Bought by
Gonyea Grant L
Seller's Agent
Delbert Ball
Keller-Williams Mohawk Valley
Buyer's Agent
Rebecca Smith
Accent Brokerage, Inc.
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$261,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,827
Avg. Annual Appreciation
4.35%
Original Mortgage
$100,000
Outstanding Balance
$94,729
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,098

Purchase Details

Closed on
Apr 21, 2021
Sold by
Panker James A
Bought by
Costin Travis and Costin Jonna

Purchase Details

Closed on
Mar 19, 2021
Sold by
Parker James A
Bought by
Robinson Alan and Robinson Barbara

Purchase Details

Closed on
Aug 3, 2017
Sold by
Parker James A and Parker Hilda C
Bought by
Parker James A

Purchase Details

Closed on
Nov 30, 2016
Sold by
Parker James A
Bought by
Lamb Wade

Purchase Details

Closed on
May 23, 2008
Sold by
Parker James A
Bought by
Robinson Alan B
Source: Public Records

Range of Values:

--
Value Increase
--
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

Date Buyer Sale Price Title Company
Gonyea Grant L $225,000 None Available
Gonyea Grant L $225,000 None Available
Costin Travis $10,000 None Available
Robinson Alan $12,000 None Available
Parker James A -- --
Parker James A -- --
Lamb Wade $9,000 --
Robinson Alan B $5,000 William Jr Calli
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonyea Grant L $100,000
Closed Gonyea Grant L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $225,000 -9.6% $104 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $249,000 -- $115 / Sq Ft
Source: Mid New York Regional MLS

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 $8,584 $131,500 $18,150 $113,350
2023 $8,667 $131,500 $18,150 $113,350
2022 $8,069 $131,500 $18,150 $113,350
2021 $7,818 $122,450 $18,150 $104,300
2020 $14,155 $122,450 $18,150 $104,300
2019 $3,075 $122,450 $18,150 $104,300
2018 $11,158 $122,450 $18,150 $104,300
2017 $5,848 $122,450 $18,150 $104,300
2016 $10,775 $122,700 $18,400 $104,300
2015 -- $122,700 $18,400 $104,300
2014 -- $122,700 $18,400 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1379660

Mid New York Regional MLS

APN: 212801-119-060-0004-029-100-0000