NOT LISTED FOR SALE

540 Bone Plain Rd Unit B Freeville, NY 13068

Estimated Value: $397,000 - $432,000

6 Beds
3 Baths
3,047 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $295,000 $97 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,975/month

133 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Thermal Windows
  • 1.86 Acre Lot
  • 2 Fireplaces
  • Skylights

About This Home

As of January 2022

This spacious dual home is sitting on just under 2 acres offers the owner more than one way to enjoy its value. 2 homes allows an owner occupied income potential, with a 3 bedroom, 1 bath & open floor plan ranch plus attached garage would be a wonderful income property or use for yourself. The 2 story, 3 bedroom, 2 bath with open floorplan along with a 4 bay / 2 garages would make for spacious living with convenience. Enjoy a manicured in ground heated pool with plenty of spacious patio to entertain. Enjoy a large equipment barn for work or for the outdoor hobbyist. All located in a country setting, conveniently between Dryden and Ithaca.

Last Agent to Sell the Property

Richard J Calale Jr

Listing by Howard Hanna License #10401236245 Listed on: 06/17/2021

Howard Hanna

Last Buyer's Agent

Reciprocal Reciprocal

Listing by RECIPROCAL CORTLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,567

Year Built

  • Built in 2003

Lot Details

  • 1.86 Acre Lot
  • Lot Dimensions are 325 x 250
  • Rectangular Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 3,047 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Scuttle Attic Hole
  • ENERGY STAR Qualified Appliances

Flooring

  • Laminate
  • Ceramic Tile

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • In Ground Pool

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Rent includes garage
  • Assessor Parcel Number 502489-021-000-0001-039-004-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,567

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Accessibility: 32 Inch Doors - some, No Step Laundry
  • NY Swis Code: Dryden-502489
  • Total Assessed Value: 195000
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 325
  • Lot Dimension Front: 250
  • Lot Information: Agricultural District
  • Lot Shape: Rectangular
  • Nearest Cross Street: Sheldon Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 158602.15
  • Ratio Close Price By Sq Ft: 96.82
  • Ratio List Price By Acres: 158602.15
  • Ratio List Price By Sq Ft: 96.82
  • Regional Board Code: Syracuse
  • Rent Includes: Garage
  • Roof Description: Metal
  • School Tax: 3550
  • Sub Board Code: Cortland
  • Type of Residence: Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Ad Headline: Dual Home Income Property
  • Age of Building: 19
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2512
  • Directions To Property: West Dryden Rd to Sheldon Rd to Bone Plain Rd - #540
  • Sq Ft Total Pub: 2512
  • Unit: B
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Skylight, Sump Pump, Water Softener(S) Owned-Some
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Laminate-Some
  • Number of Fireplaces Pellet: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 3047

Exterior Features

  • Construction: Frame, Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Pool-In Ground, Propane Tank - Leased, Thermal Windows - Some
  • Number of Acres: 1.8600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Multi-Zone
  • Number of Heating Units: 2
  • Separate Utilities: Electricity
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Dryden

Green Features

  • Energystar: Appliances, Windows

Lot Info

  • Parcel Number: 502489-021-000-0001-039-004-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5567

MLS Schools

  • School District Name: Dryden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jan 14, 2022
Sold by
Sears Timothy W and Sears Lynne M
Bought by
Fraser Chevaughn and Welch Marci L
Seller's Agent
Richard J Calale Jr
Howard Hanna
Buyer's Agent
Reciprocal Reciprocal
RECIPROCAL CORTLAND
List Price
$329,900
Sold Price
$295,000
Premium/Discount to List
-$34,900
-10.58%
Current Estimated Value
$412,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,009
Avg. Annual Appreciation
8.18%
Original Mortgage
$280,250
Outstanding Balance
$259,144
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,571

Purchase Details

Closed on
Jun 26, 2008
Sold by
Brotherton Kenneth L
Bought by
Brotherton Robert P

Purchase Details

Closed on
Aug 24, 1995
Sold by
George Michael E
Bought by
Sears Timothy W and Sears Lynne M

Purchase Details

Closed on
Aug 12, 1995
Sold by
Bland Robert R and Bland Vicki
Bought by
Christie David M and Clapp Elizabeth

Purchase Details

Closed on
Jan 6, 1995
Sold by
Szymanski Richard Rapp Janis
Bought by
Ruoff Arthur L
Source: Public Records

Range of Values:

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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
Fraser Chevaughn $295,000 None Available
Brotherton Robert P -- Kimberly N Rothman
Sears Timothy W $41,500 --
Christie David M $23,448 --
Ruoff Arthur L $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Chevaughn $280,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $295,000 0.0% $97 / Sq Ft
11/08/2021 11/08/21 Off Market $295,000 -- --
09/10/2021 09/10/21 Price Changed $295,000 -7.8% $97 / Sq Ft
07/20/2021 07/20/21 Price Changed $319,900 -3.0% $105 / Sq Ft
06/17/2021 06/17/21 For Sale $329,900 -- $108 / 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 $9,356 $315,000 $21,500 $293,500
2023 $9,356 $300,000 $21,500 $278,500
2022 $8,342 $290,000 $21,500 $268,500
2021 $5,775 $195,000 $21,500 $173,500
2020 $5,567 $195,000 $21,500 $173,500
2019 $2,017 $177,000 $6,500 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1344197

Cortland County Board of REALTORS®

APN: 502489 21.-1-39.4