NOT LISTED FOR SALE

502 Spring St Groton, NY 13073

Estimated Value: $110,000 - $194,000

2 Beds
1 Bath
763 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2023

Last sale price $92,900 $122 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,029 / mo

221 Days on Market

Highlights

  • Baseboard Heating
  • Energy-Efficient Windows
  • Carpet
  • High Speed Internet
  • Walk-Up Access

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

Tompkins Cortland Real Estate Brokerage Email: kris@tcrestate.com License #10371200368 Listed on: 09/01/2022

Last Buyer's Agent

Jennifer Whelan

Warren Real Estate of Ithaca Inc. License #10401339305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1920

Lot Details

  • 4,792

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 763 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • No Garage
  • Common or Shared Parking
  • Shared Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Groton Elementary School
  • Groton Middle School

Utilities

  • Baseboard Heating
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 502801 6.-1-56

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Directions: From Groton, follow Spring Street around the bend and past Blanchard Heights. House on the right, Look for signs
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1920
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: kris@tcrestate.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood
  • Has Basement: Exterior Entry, Full, Walk-Up Access, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Varies
  • Living Area: 763.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block
  • Roof: Metal

Garage/Parking

  • Parking Features: Common, No Garage, Shared Driveway

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Groton Elementary
  • Junior High Dist: Groton
  • Middle Or Junior School: Groton Middle

Lot Info

  • Parcel #: 502801 6.-1-56
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2166.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Apr 24, 2023
Sold by
Dempsey Christopher
Bought by
Drake Brandon S and Drake Emily M
Seller's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
Buyer's Agent
Jennifer Whelan
Warren Real Estate of Ithaca Inc.
List Price
$99,900
Sold Price
$92,900
Premium/Discount to List
-$7,000
-7.01%
Current Estimated Value
$161,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,406
Avg. Annual Appreciation
1.36%
Original Mortgage
$147,250
Outstanding Balance
$143,158
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$18,148

Purchase Details

Closed on
Jun 29, 2022
Sold by
Walpole Robert F and Walpole Christine
Bought by
Dempsey Christopher
Source: Public Records
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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
Drake Brandon S $155,000 None Available
Dempsey Christopher $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Brandon S $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $92,900 -40.1% $122 / Sq Ft
04/24/2023 04/24/23 Sold $155,000 -3.1% $167 / Sq Ft View Prior Sale
04/10/2023 04/10/23 Pending -- -- --
03/25/2023 03/25/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $159,900 +60.1% $172 / Sq Ft
09/01/2022 09/01/22 For Sale $99,900 -- $131 / Sq Ft
Source: Ithaca Board of REALTORS®

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 $5,117 $155,000 $4,200 $150,800
2023 $4,738 $135,000 $5,600 $129,400
2022 $2,141 $55,000 $5,600 $49,400
2021 $2,176 $55,000 $5,600 $49,400
2020 $2,291 $55,000 $5,600 $49,400
2019 $3,536 $55,000 $5,600 $49,400
2018 $3,509 $55,000 $5,600 $49,400
2017 $3,458 $55,000 $5,600 $49,400
2016 $3,497 $55,000 $5,600 $49,400
2015 -- $55,000 $5,600 $49,400
2014 -- $55,000 $5,600 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB407419

APN: 502801-006-000-0001-055-000-0000

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