NOT LISTED FOR SALE

5705 River Rd Downsville, NY 13755

Estimated Value: $174,000

4 Beds
1.5 Baths
2,828 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $350,000 $124 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,271/month

265 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Forced Air Cooling System
  • 56.17 Acre Lot
  • Farmhouse Style Home
  • Shed

About This Home

As of July 2015

If you are looking for a LEGACY PROPERTY . . . that borders a WORLD CLASS TROUT FISHING STREAM . . . and nearby to 1000's of NY STATE CATSKILL PARK acres open to HIKING and SNOWMOBILE TRAILS . . . Look no more! This exceptional 56 acre estate, THE CABLE FARM, has been in the family for almost 100 years, borders the East Branch of the DELAWARE RIVER for approximately one-half mile and enjoys all the recreationally resources of the Campbell Mountain-Cherry Ridge of the Delaware Wild Forest area in the CATSKILL FOREST PRESERVE. The property consists of a 1900's updated 4 bedroom FARMHOUSE in pristine condition w/ wood floors, moldings and doors through-out . . . 4 OUT-STRUCTURES (horse barn, tractor barn, shop, milk barn) and a large, approx 5000 sq ft, barn used by Bob Cable for years as a destination/prestigious ANTIQUE AUCTION BARN. Bob enjoyed his slice of paradise'' by converting part of the property into a PRIVATE GOLF COURSE w/driving range and putting green.

Last Agent to Sell the Property

Carol Spinelli

Listing by Coldwell Banker Timberland Properties License #40SP0918076 Listed on: 06/04/2014

Coldwell Banker Timberland Properties

Last Buyer's Agent

Carol Spinelli

Listing by Coldwell Banker Timberland Properties License #40SP0918076 Listed on: 06/04/2014

Coldwell Banker Timberland Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,279

Year Built

  • Built in 1900

Lot Details

  • 56.17

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,828 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Electric Range
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Shed
  • 56.17 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 358.-1-26

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,279

Year Built

Built in 1900

Lot Details

56.17 Acres

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • NY Swis Code: Colchester-122400
  • Construction: Frame
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 6231.08
  • Ratio Close Price By Sq Ft: 123.76
  • Ratio List Price By Acres: 6763.40
  • Ratio List Price By Sq Ft: 134.34
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 2200
  • Styles of Residence: Farmhouse, Victorian
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 2446765
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Downsville: NY 30. Turn on River Rd. Go over Covered Bridge - at T make right. 5705 River Rd on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Number of Bedrooms 1st Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2828

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Wood Screens/Storms-some
  • Number of Acres: 56.1700

Utilities

  • Heating Fuel Description: Oil, Wood
  • Hvac Type: Forced Air, Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Electric
  • Water Supply: Well

Lot Info

  • Parcel Number: 358.-1-26

Tax Info

  • Total Taxes: 3279

MLS Schools

  • School District Name: Downsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 24, 2015
Sold by
Walker George F
Bought by
Mattson Real Estate Holdings, Llc
Seller's Agent
Carol Spinelli
Coldwell Banker Timberland Properties
Buyer's Agent
Carol Spinelli
Coldwell Banker Timberland Properties
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Current Estimated Value
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,000
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mattson Real Estate Holdings, Llc $350,000 Michael P Degroat
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $350,000 -11.4% $124 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
06/04/2014 06/04/14 For Sale $395,000 -- $140 / Sq Ft
Source: Otsego-Delaware 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 $4,496 $7,000 $1,200 $5,800
2023 $4,384 $7,000 $1,200 $5,800
2022 $4,336 $7,000 $1,200 $5,800
2021 $4,318 $7,000 $1,200 $5,800
2020 $6,732 $7,000 $1,200 $5,800
2019 $4,216 $7,000 $1,200 $5,800
2018 $4,216 $7,000 $1,200 $5,800
2017 $4,152 $7,000 $1,200 $5,800
2016 $4,041 $7,000 $1,200 $5,800
2015 -- $7,000 $2,400 $4,600
2014 -- $7,000 $2,400 $4,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD94758

Otsego-Delaware Board of REALTORS®

APN: 122400-358-000-0001-026-000

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