NOT LISTED FOR SALE

5504 State Route 414 Hector, NY 14841

Estimated Value: $326,000 - $513,000

3 Beds
2 Baths
1,767 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $285,000 $161 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,558/month

45 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Open Patio
  • Main Floor Bedroom
  • Porch
  • Ceiling Fan

About This Home

As of January 2023

RARE TURN-KEY OPPORTUNITY! Farmhouse and Carriage House right on the Seneca Lake Wine Trail! Farmhouse is currently set up as a 2-unit, owner occupied & the upstairs unit is a successful Airbnb! The Carriage House has a commercial kitchen currently licensed by the Dept. of Ag & Markets as well as a seasonal unit that could be another rental or two! The earning potential here is limitless! Check out the 2-unit Airbnb available at 5521 SR 414, buy both & capitalize on the Finger Lakes lodging & food industry! Check out the Airbnb reviews & ask for the additional information document!

Last Agent to Sell the Property

Shawna Lott

Listing by Franzese Real Estate License #10301219370 Listed on: 11/17/2022

Last Buyer's Agent

Austin Lapp

Listing by Wine Trail Properties License #10491205094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot
  • Property is Fully Fenced

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,767 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12.00-2-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Water Body Name: Seneca (East)
  • Subdivision Name: NONE
  • Directions: From Watkins Glen take State Route 414 North for about 8 miles, property is on the right, just before the Hector Dandy Mini Mart. GPS works.
  • Architectural Style: Farmhouse
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Bedroom on Main Level
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Free-Standing Range, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Fencing: Full
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fully Fenced, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Parking Features: Gravel, No Garage

Utilities

  • Heating: Oil, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Not Connected, Public

Schools

  • Junior High Dist: Watkins Glen

Lot Info

  • Parcel Number: 12.00-2-2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2746.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 31, 2023
Sold by
Barnes Catherine A
Bought by
Argetsinger Bree
Seller's Agent
Shawna Lott
Franzese Real Estate
Buyer's Agent
Austin Lapp
Wine Trail Properties
List Price
$269,900
Sold Price
$285,000
Premium/Discount to List
$15,100
5.59%
Current Estimated Value
$389,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,317
Avg. Annual Appreciation
6.37%
Original Mortgage
$256,500
Outstanding Balance
$248,648
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,133

Purchase Details

Closed on
May 23, 2018
Sold by
Fallon Marjorie J
Bought by
Barnes Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2006
Sold by
Sec Of Veteran Affairs
Bought by
Fallon Marjorie J

Purchase Details

Closed on
Jun 27, 2005
Sold by
Otts Ricky
Bought by
Fallon Marjorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2005
Sold by
Otts Ricky
Bought by
Sec Of Veterans Affairs

Purchase Details

Closed on
Jun 5, 2003
Sold by
Stone Kimberly
Bought by
Otts Ricky

Purchase Details

Closed on
Aug 25, 2001
Sold by
Stone Edward and Stone Kimberly
Bought by
Stone Kimberly A

Purchase Details

Closed on
Mar 8, 2000
Sold by
Fitch David and Fitch Kelly
Bought by
Stone Edward R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Argetsinger Bree $285,000 None Available
Barnes Catherine A $120,000 --
Fallon Marjorie J -- John Hayes
Fallon Marjorie J $80,000 Anthony Pagano
Sec Of Veterans Affairs $53,760 Fun, Such & Crane
Otts Ricky -- Chris Denton
Stone Kimberly A -- Jeseph J., Jr. Balok
Stone Edward R $70,000 Richard Brocklebank
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argetsinger Bree $256,500
Previous Owner Barnes Catherine A $26,200
Previous Owner Barnes Catherine A $5,372
Previous Owner Barnes Catherine A $96,000
Previous Owner Barnes Catherine A $96,000
Previous Owner Fallon Marjorie J $65,700
Previous Owner Fallon Marjorie J $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $285,000 +5.6% $161 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $269,900 -- $153 / Sq Ft
Source: Elmira-Corning Regional Association 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 $5,241 $252,000 $22,000 $230,000
2023 $5,201 $252,000 $22,000 $230,000
2022 $2,988 $143,000 $22,000 $121,000
2021 $2,883 $121,000 $22,000 $99,000
2020 $1,551 $121,000 $22,000 $99,000
2019 $1,329 $121,000 $22,000 $99,000
2018 $1,157 $130,000 $22,000 $108,000
2017 $2,915 $130,000 $22,000 $108,000
2016 $2,915 $124,600 $17,600 $107,000
2015 -- $124,600 $17,600 $107,000
2014 -- $124,600 $17,600 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC268459

APN: 442689-012-000-0001-034-116-0000