$362,500
SOLD APR 1, 2025

5 Marion Ln Otego, NY 13825

4 Beds
2.5 Baths
2,600 Sq Ft
0.65 Acres

Recently Sold

$139 Per Sq Ft

3% Below List Price

78 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Tile Flooring
  • Recreation Room
  • Subterranean Parking
  • Combination Dining and Living Room

About This Home

As of April 2025

Welcome to 5 Marion Lane, a beautifully maintained 4-bedroom, 2 and a half-bathroom ranch home nestled on a quiet, street in the heart of Otego. Perfectly blending comfort and convenience, this property offers a peaceful retreat just minutes from local amenities, parks, and schools. Upon entering, you’ll be greeted by a spacious open-concept living and dining area with abundant natural light, creating an inviting atmosphere for both relaxation and entertaining. The updated kitchen features modern appliances, plenty of cabinet space, and an easy flow to the dining room for effortless hosting. The master suite is a true sanctuary, that offers ample closet space. Two additional generously sized bedrooms and a second full bath ensure plenty of space for family or guests. Step outside to discover the expansive backyard perfect for gardening, outdoor play, or simply enjoying the beauty of nature. The rear deck provides a fantastic spot for grilling and enjoying summer evenings. Other highlights of this charming home include a full basement, and attached 2-car garage.

Contact us today to schedule a private showing.

Last Agent to Sell the Property

Catherine Treffeisen

Listing by Coldwell Banker Timberland Properties Brokerage Phone: 607-434-4502 License #10401344269 Listed on: 11/06/2024

Coldwell Banker Timberland Properties

Last Buyer's Agent

Non-Member Agent

Listing by Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1985

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100x0
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Block Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 364801-325-010-0001-014-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,568

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1985
  • Attribution Contact: 607-434-4502
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From I88 take Otego exit and then left on to Rt 7 and another left into Otego Valley (Jeanette Drive). Turn left onto Marion Ln. First house on the right.
  • Architectural Style: Ranch
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Living/Dining Room, Pantry
  • Unit Levels: One
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.65
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Underground

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Unatego

Lot Info

  • Parcel Number: 364801-325-010-0001-014-000-0000
  • Lot Dimensions: 100X0
  • Lot Size Sq Ft: 28314.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5568.0
  • Tax Lot: 14

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Apr 2, 2025
Sold by
Rehmani Amina
Bought by
Okoniewski Peter and Carosi Nicollette
Seller's Agent
Catherine Treffeisen
Coldwell Banker Timberland Properties
Buyer's Agent
Non-Member Agent
Non Member Office
List Price
$375,000
Sold Price
$362,500
Premium/Discount to List
-$12,500
-3.33%
Views
45
Current Estimated Value
$388,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,636
Avg. Annual Appreciation
9.41%
Original Mortgage
$283,500
Outstanding Balance
$282,237
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,899

Purchase Details

Closed on
Dec 9, 2019
Sold by
Mcmichael Byron T and Mcmichael Katherine M
Bought by
Rehmani Amina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2013
Closed on
Aug 30, 2013
Sold by
Urevich Ronald
Bought by
Mcmichael Byron
Seller's Agent
Mike Ranieri
Benson Agency Real Estate LLC
Buyer's Agent
Grover Baker
Benson Agency Real Estate LLC
List Price
$179,500
Sold Price
$185,567
Premium/Discount to List
$6,067
3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$176,288
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2012
Sold by
County Of Otsego
Bought by
Ranieri Michael
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 Type Sale Price Title Company
Warranty Deed $362,500 None Available
Deed $185,000 None Available
Deed $185,567 Frederick Xlander
Deed $185,567 Frederick Xlander
Deed $62,000 --
Quit Claim Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,500 Purchase Money Mortgage
Previous Owner $148,000 New Conventional
Previous Owner $176,288 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $362,500 -3.3% $139 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
11/06/2024 11/06/24 For Sale $375,000 +102.1% $144 / Sq Ft
08/30/2013 08/30/13 Sold $185,567 +3.4% $82 / Sq Ft View Prior Sale
07/23/2013 07/23/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $179,500 -- $80 / 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 $5,694 $205,000 $36,500 $168,500
2023 $5,578 $205,000 $36,500 $168,500
2022 $5,584 $205,000 $36,500 $168,500
2021 $5,057 $205,000 $36,500 $168,500
2020 $5,664 $205,000 $36,500 $168,500
2019 $3,117 $205,000 $36,500 $168,500
2018 $4,220 $205,000 $36,500 $168,500
2017 $4,868 $205,000 $36,500 $168,500
2016 $4,876 $205,000 $36,500 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1576443

Otsego-Delaware Board of REALTORS®

APN: 364801-325-010-0001-014-000-0000