NOT LISTED FOR SALE

502 1/2 Spring St Groton, NY 13073

Estimated Value: $107,000 - $154,659

2 Beds
1 Bath
763 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $99,474 $130 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,061/month

109 Days on Market

Highlights

  • Porch
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Zoned Heating
  • Baseboard Heating

About This Home

As of May 2023

This cozy two bedroom home features many recent updates! The roof is metal, the windows are vinyl, and there's a front porch for resting. The kitchen and bathroom are new and there's new carpeting in the bedrooms and stairway. Downstairs, find new laminate flooring. There's a great deal of basement storage, too! Check out this charmingly-refreshed property that is on Groton municipal services including municipal electric rates!

Last Agent to Sell the Property

Kristopher Buchan

Listing by Tompkins Cortland Real Estate License #10371200368 Listed on: 09/01/2022

Last Buyer's Agent

Jennifer Whelan

Listing by Yaman Real Estate License #10401339305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 223 x 50
  • Flag Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 763 Sq Ft Home
  • 1.7-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range Hood
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway
  • Shared Driveway

Outdoor Features

  • Porch

Schools

  • Groton Elementary School
  • Groton Middle School
  • Groton High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Sec 6 Community
  • Sec 6 Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 502801-006-000-0001-056-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Groton-Village-502801
  • Total Assessed Value: 55000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 223
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 56
  • Lot Shape: Flag
  • Nearest Cross Street: Blanchard Heights
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 261773.68
  • Ratio Close Price By Sq Ft: 130.37
  • Ratio List Price By Acres: 262894.74
  • Ratio List Price By Sq Ft: 130.93
  • Regional Board Code: Syracuse
  • Roof Description: Metal
  • School Tax: 1134
  • Styles of Residence: 2 Story
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Village: Groton-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 16553
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 763
  • Directions To Property: From Groton, follow Spring Street around the bend and past Blanchard Heights. House on the right, Look for signs
  • Sq Ft Total Pub: 763
  • Subdivision Comm Complex: Sec 6
  • Attribution Contact: 607.898.3456
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor, Porch - Open
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 763

Exterior Features

  • Construction: Frame, Wood
  • Number of Acres: 0.3800

Garage/Parking

  • Driveway Description: Shared, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard, Multi-Zone, Municipal Electric
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Groton
  • Elementary School: Groton Elementary
  • Middle School: Groton Middle
  • High School: Groton High

Lot Info

  • Parcel Number: 502801-006-000-0001-056-000-0000

Tax Info

  • Total Taxes: 2167

MLS Schools

  • Elementary School Name: Groton Elementary
  • High School Name: Groton High
  • Middle School Name: Groton Middle
  • School District Name: Groton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
May 10, 2023
Sold by
Dempsey Christopher
Bought by
Dengler Tammy and Tadder Jasmine
Seller's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
Buyer's Agent
Jennifer Whelan
Yaman Real Estate
List Price
$119,900
Sold Price
$99,474
Premium/Discount to List
-$20,426
-17.04%
Views
523
Current Estimated Value
$140,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,429
Avg. Annual Appreciation
12.02%
Original Mortgage
$96,689
Outstanding Balance
$94,174
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$34,241

Purchase Details

Closed on
Mar 18, 2016
Sold by
Walpole Christine
Bought by
Walpole Robert and Walpole W
Source: Public Records

Range of Values:

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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
Dengler Tammy $98,474 None Available
Walpole Robert -- Zwirn Richard
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dengler Tammy $96,689
Closed Dengler Tammy $2,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $99,474 -0.4% $130 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $99,900 -16.7% $131 / Sq Ft
09/01/2022 09/01/22 For Sale $119,900 -- $157 / Sq Ft
Source: Cortland County 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 $3,530 $115,000 $12,800 $102,200
2023 $3,530 $100,000 $14,600 $85,400
2022 $2,141 $55,000 $14,600 $40,400
2021 $2,176 $55,000 $14,600 $40,400
2020 $2,291 $55,000 $14,600 $40,400
2019 $3,536 $55,000 $14,600 $40,400
2018 $3,509 $55,000 $14,600 $40,400
2017 $3,458 $55,000 $14,600 $40,400
2016 $3,497 $55,000 $14,600 $40,400
2015 -- $55,000 $14,600 $40,400
2014 -- $55,000 $14,600 $40,400
Source: Public Records

Agents Affiliated with this Home

  • Kristopher Buchan

    Seller's Agent in 2023

    Kristopher Buchan

    Tompkins Cortland Real Estate

    (607) 745-8553

    57 in this area

    181 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Whelan

    Yaman Real Estate

    (607) 423-7986

    2 in this area

    44 Total Sales

    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1431284

Cortland County Board of REALTORS®

APN: 502801-006-000-0001-056-000-0000

New York Tompkins County Groton Township 13073

502 1/2 Spring St, Groton Township, NY

This home is located at 502 1/2 Spring St, Groton, NY 13073 since 01 September 2022 and is currently estimated at $128,415, approximately $168 per square foot. This property was built in 1920. 502 1/2 Spring St is a home located in Tompkins County with nearby schools including Groton Elementary School and Groton Junior/Senior High School.

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