NOT LISTED FOR SALE

472 Otsego St Ilion, NY 13357

Estimated Value: $117,000 - $157,648

3 Beds
1 Bath
1,050 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $131,000 $125 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $873/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Deck
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of November 2023

This sweet little cape sits just at the edge of town, situated on a beautiful, deep double lot... It's like having your very own park when you walk out your back door! Inside there's lots of potential too, with a first floor office, bedroom & bath, and two more bedrooms upstairs. With a few cosmetic improvements, this home will really shine (psst, don't worry, there are more hardwood floors under those carpets!). The attached garage, large shed, and spacious breezeway/mudroom are practical and convenient features. In the basement you'll find a newer hot water heater, 200 amp entrance, and a woodstove for supplemental heating. The home does also have electric heat throughout with incredibly cost effective municipal electric. A charming find, this has been a one-owner home for 70 years since it was first built and is ready to start a new chapter... come take a look!

Last Agent to Sell the Property

John Brown

Listing by Coldwell Banker Faith Properties License #10311200206 Listed on: 08/01/2023

Coldwell Banker Faith Properties

Co-Listed By

Jennifer Hoover

Listing by Coldwell Banker Faith Properties Il License #10401240520

Last Buyer's Agent

Tyler Flisnik

Listing by Howard Hanna Cny Inc License #10401340851

Howard Hanna Cny Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 1954

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 475 x 49

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,050 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 212889-119-067-0001-042-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Year Built

Built in 1954

Lot Details

0.53 Acres

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: German Flatts-212889
  • Total Assessed Value: 48400
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 475
  • Lot Dimension Front: 49
  • Lot Information: Neighborhood Street
  • Lot Number: 42
  • Nearest Cross Street: Old Forge Rd
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 245180.61
  • Ratio Close Price By Sq Ft: 124.76
  • Ratio List Price By Acres: 241437.39
  • Ratio List Price By Sq Ft: 122.86
  • Regional Board Code: Syracuse
  • School Tax: 1412
  • Styles of Residence: Cape Cod
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 23275
  • Age of Building: 69
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1050
  • Directions To Property: Follow Otsego St to edge of town, home is on the right
  • Sq Ft Total Pub: 1050
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1954

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1050

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.5343

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric, Wood
  • Hvac Type: Baseboard, Wood Auxiliary Unit
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 212889-119-067-0001-042-000-0000

Tax Info

  • Total Taxes: 2616

MLS Schools

  • School District Name: Central Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Nov 27, 2023
Sold by
Melnick Kathryn P
Bought by
Bajrektarevic Elvis
Seller's Agent
John Brown
Coldwell Banker Faith Properties
Buyer's Agent
Tyler Flisnik
Howard Hanna Cny Inc
List Price
$129,000
Sold Price
$131,000
Premium/Discount to List
$2,000
1.55%
Views
875
Current Estimated Value
$136,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,912
Avg. Annual Appreciation
1.94%
Original Mortgage
$124,970
Outstanding Balance
$122,714
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,198
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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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
Bajrektarevic Elvis $131,000 None Available
Bajrektarevic Elvis $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajrektarevic Elvis $124,970
Closed Bajrektarevic Elvis $124,970
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $131,000 +1.6% $125 / Sq Ft
08/01/2023 08/01/23 For Sale $129,000 -- $123 / Sq Ft
Source: Mid New York Regional MLS

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 $1,929 $48,400 $11,000 $37,400
2023 $1,973 $48,400 $11,000 $37,400
2022 $1,933 $48,400 $11,000 $37,400
2021 $1,933 $48,400 $11,000 $37,400
2020 $755 $48,400 $11,000 $37,400
2019 $746 $48,400 $11,000 $37,400
2018 $767 $48,400 $11,000 $37,400
2017 $769 $48,400 $11,000 $37,400
2016 $758 $48,400 $11,000 $37,400
2015 -- $48,400 $11,000 $37,400
2014 -- $48,400 $11,000 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1488473

Mid New York Regional MLS

APN: 212889-119-067-0001-042-000-0000

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