NOT LISTED FOR SALE

56508 State Highway 10 South Kortright, NY 13842

Estimated Value: $450,000 - $471,000

5 Beds
3 Baths
4,280 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $142,000 $33 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,875/month

85 Days on Market

Highlights

  • 15.9 Acre Lot
  • Greek Revival Architecture
  • Wood Flooring
  • Deck

About This Home

As of August 2015

This organic farm/artisan Greek revival farmhouse & 16 Acs sits on an irreplaceable site nestled in the middle of the Catskills along the West Branch of the Delaware River. Take a look at this big, beautiful, warm, bright & inviting farmhouse offering a dynamic & diverse range of uses. Single/Multi family ready...5BR, big LRs, +den/office/billiards rm w/antique pool table, 3 Full BAs total(4200 SqFt) currently split into a 3BR/2BA Main (West) side & 2BR, 1BA secondary(East) side each w/their own identity, character & charm. Both sides offer distinct, unique, functional flr plans & living arrangements. Each side has a full KIT, wd stove, wd flrs, lots of light & private south facing decks. Instant income/rental property potential or easy convert back to single family. The farmhouse & land maintain due South orientation & are drenched in sun all day long. Bright pink sunrises & flaming orange sunsets are regular occurrences up & down the Delaware River valley of which the farm overlooks

Last Agent to Sell the Property

Frank Lumia

Listing by Frank Lumia Real Estate Plus!, LLC License #37LU0818789 Listed on: 05/17/2015

Last Buyer's Agent

Frank Lumia

Listing by Frank Lumia Real Estate Plus!, LLC License #37LU0818789 Listed on: 05/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1900

Lot Details

  • 15.9

Home Design

  • Greek Revival Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,280 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 15.9 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 107.-2-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,775

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Kortright-124000
  • Total Assessed Value: 186800
  • Construction: Frame
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 8930.82
  • Ratio Close Price By Sq Ft: 33.18
  • Ratio List Price By Acres: 11257.86
  • Ratio List Price By Sq Ft: 41.82
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 2731
  • Styles of Residence: Farmhouse, Greek Revival
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 692604
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Take Rt 10 through Bloomville, continue past Betty Brk Road property past that on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Dryer, Oven/Range Electric, Refrigerator, Washer
  • Number of Bedrooms 1st Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 4280

Exterior Features

  • Additional Exterior Features: Deck
  • Number of Acres: 15.9000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Hot Water, Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Propane
  • Water Supply: Well

Schools

  • School District: South Kortright

Lot Info

  • Parcel Number: 107.-2-15

Tax Info

  • Total Taxes: 4775

MLS Schools

  • School District Name: South Kortright

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Bianco Jamie L
Bought by
Rai Sarmila
Current Estimated Value
$444,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Outstanding Balance
$280,156
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,176

Purchase Details

Listed on
May 17, 2015
Closed on
Aug 21, 2015
Sold by
Parker Chance R
Bought by
Bianco Jamie Lee
Seller's Agent
Frank Lumia
Frank Lumia Real Estate Plus!, LLC
Buyer's Agent
Frank Lumia
Frank Lumia Real Estate Plus!, LLC
List Price
$179,000
Sold Price
$142,000
Premium/Discount to List
-$37,000
-20.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Rai Sarmila $374,000 None Available
Bianco Jamie Lee $140,000 Steven Feuer
Bianco Jamie Lee $140,000 Steven Feuer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Sarmila $299,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $142,000 -20.7% $33 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
05/17/2015 05/17/15 For Sale $179,000 -- $42 / 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 $14,441 $440,600 $45,900 $394,700
2023 $14,200 $440,600 $45,900 $394,700
2022 $11,177 $440,600 $45,900 $394,700
2021 $7,493 $255,100 $45,900 $209,200
2020 $6,829 $255,100 $45,900 $209,200
2019 $6,675 $255,100 $45,900 $209,200
2018 $6,675 $255,100 $45,900 $209,200
2017 $7,333 $175,600 $36,900 $138,700
2016 $4,867 $175,600 $36,900 $138,700
2015 -- $175,600 $36,900 $138,700
2014 -- $186,800 $39,300 $147,500
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Frank Lumia

    Frank Lumia Real Estate Plus!, LLC

    (607) 434-5910

    91 Total Sales

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD99974

Otsego-Delaware Board of REALTORS®

APN: 124000-107-000-0002-015-000

New York Delaware County South Kortright 13739

56508 State Highway 10, South Kortright, NY

This home is located at 56508 State Highway 10, South Kortright, NY 13842 since 17 May 2015 and is currently estimated at $462,644, approximately $108 per square foot. This property was built in 1900. 56508 State Highway 10 is a home located in Delaware County with nearby schools including South Kortright Central School and Sgt. Henry Johnson Youth Leadership Academy.

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