NOT LISTED FOR SALE

494 Keys Rd Cooperstown, NY 13326

Estimated Value: $890,000 - $1,106,608

5 Beds
4 Baths
7,000 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $800,000 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,589/month

492 Days on Market

Highlights

  • 21.5 Acre Lot
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Beamed Ceilings

About This Home

As of August 2017

A CATSKILL PREMIER LISTING: This striking 7,000 sq ft . . . 3-level CUSTOM-DESIGNED LUXURY MODERN HOME, just minutes from COOPERSTOWN (America’s most PERFECT VILLAGE) . . . on a 21.5 PRIVATE ACRE SETTING, features the ultimate in DRAMATIC LIFESTYLE AMENITIES. LIFESTYLE HIGHLIGHTS include: a 28’ tall GREAT ROOM with soaring STACKED STONE GAS FIREPLACE and flanking FLOOR-to-CEILING WALLS of GLASS that open to matching ENTERTAINING DECKS; gourmet stainless CHEF’S KITCHEN with 12’ long GRANITE ISLAND, 18’ long GRANITE BREAKFAST BAR, 4-burner JennAire w/FRENCH COOK TOP, expansive CABINETRY and WINE FRIDGE; adjacent CAFÉ/BREAKFAST AREA opening to an exterior deck; 24’ x 22’ vaulted ceiling MASTER EN-SUITE with jetted SOAKING TUB, glass SHOWER, double GLASS VESSEL SINK vanity and private COVERED DECK; lower-level RECREATIONAL ROOM with POOL TABLE area; and . . . professional MOVIE THEATER with STADIUM LEATHER SEATING for 17 guests. Central A/C and full RADIENT HEAT are just a few of the many upgrades. This COUNTRY-MODERN ESTATE is perfect for the large family who enjoys GRAND ENTERTAINING, the recreational amenities of Cooperstown and motor boating on OTSEGO LAKE. In addition, this magnificent home offers incredible income with an IMPRESSIVE TURN-KEY RENTAL HISTORY: in excess of $9,000/summer week!

Last Agent to Sell the Property

Carol Spinelli

Past Member License #40SP0918076 Listed on: 03/12/2016

Past Member

Last Buyer's Agent

Carol Spinelli

Past Member License #40SP0918076 Listed on: 03/12/2016

Past Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,155

Year Built

  • Built in 2006

Lot Details

  • 21.5 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Beamed Ceilings
  • Cathedral Ceiling
  • Stone Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 6.23 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,155

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2006
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 21.5
  • Co List Office Phone: 845-338-5299
  • MLS Status: Closed
  • Architectural Style: Contemporary
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 21.5
  • General Property Information Lot Size Dimensions: 21.5
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Cooling:Central Air: Yes
  • Location Tax and Legal:Tax Annual Amount: 8155.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other, Water Heater, Washer, Refrigerator, Range, Microwave, Exhaust Fan, Dryer, Disposal, Dishwasher
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Kitchen Island
  • Basement: Finished
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement Finished: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Exhaust Fan: Yes
  • Fireplace Features:Stone3: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Asphalt, Shingle
  • Construction Type: Cedar
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Radiant
  • HeatingYN: Yes
  • Water Source: Well
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Dimensions: 21.5
  • Lot Size Sq Ft: 936540.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8155.0
  • Tax Block: 1
  • Tax Lot: 6.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2016
Closed on
Aug 24, 2017
Sold by
Carfagno Vincent
Bought by
Lamicela Joseph
Seller's Agent
Carol Spinelli
Past Member
Buyer's Agent
Carol Spinelli
Past Member
List Price
$879,000
Sold Price
$800,000
Premium/Discount to List
-$79,000
-8.99%
Current Estimated Value
$1,023,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,226
Avg. Annual Appreciation
3.68%
Original Mortgage
$600,000
Outstanding Balance
$508,655
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$558,630

Purchase Details

Closed on
Nov 17, 2004
Sold by
King Marion S
Bought by
Carfagno Vincent
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
Lamicela Joseph $800,000 Robert Birch
Carfagno Vincent $65,000 John F Lambert
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamicela Joseph $600,000
Previous Owner Carfagno Vincent R $690,000
Previous Owner Carfagno Vincent $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $800,000 -9.0% $114 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
03/12/2016 03/12/16 For Sale $879,000 -- $126 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $11,841 $710,000 $162,000 $548,000
2023 $11,594 $710,000 $162,000 $548,000
2022 $11,181 $710,000 $162,000 $548,000
2021 $10,960 $710,000 $162,000 $548,000
2020 $10,924 $710,000 $162,000 $548,000
2019 $8,358 $710,000 $162,000 $548,000
2018 $10,587 $710,000 $162,000 $548,000
2017 $10,096 $710,000 $162,000 $548,000
2016 $9,844 $710,000 $162,000 $548,000
2015 -- $710,000 $162,000 $548,000
2014 -- $680,000 $257,500 $422,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20160937

Hudson Valley Catskills Region Multiple List Service

APN: 365089-069-000-0001-006-023-0000