NOT LISTED FOR SALE

6563 State Highway 12 Norwich, NY 13815

Estimated Value: $225,000 - $296,000

5 Beds
2 Baths
3,056 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $155,000 $51 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,793/month

311 Days on Market

Highlights

  • Barn
  • Deck
  • Balcony
  • 3 Acre Lot
  • Farmhouse Style Home
  • Baseboard Heating

About This Home

As of November 2021

This home sets on 3 acres with plenty of room for gardening, entertaining and relaxing. Located in a rural area but just a few minutes to Norwich where you can find a hospital, doctors, dentists, banks, grocery stores, restaurants, Lowes, Walmart Supercenter, gas stations, tractor supply, pet and feed store,YMCA, Gyms, Auto stores, veterinarians and more. 50 minutes to Binghamton, 30 minutes to Colgate University, 1.25 hrs to Syracuse .Home has been recently updated far as plumbing, electric, heating, new deck, new kitchen and new bathrooms. Home had a new septic put in a few years ago, drilled well, good roof,vinyl siding and fully insulated. This home has spacious rooms and is large enough that someone could run a business from here or easily could be a two family or mother in law suite. Heating can be controlled between upstairs and downstairs.Tax Map and Aerial Map are at the end of the photos.

Last Agent to Sell the Property

Kara Posson Reed

Listing by KP Country Real Estate LLC License #10491201441 Listed on: 08/04/2020

Last Buyer's Agent

Kara Posson Reed

Listing by KP Country Real Estate LLC License #10491201441 Listed on: 08/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1875

Lot Details

  • 3

Home Design

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

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 3 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 110.1-1-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: North Norwich-084000
  • Total Assessed Value: 142500
  • Construction: Frame
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 51666.67
  • Ratio Close Price By Sq Ft: 50.72
  • Ratio List Price By Acres: 55000.00
  • Ratio List Price By Sq Ft: 53.99
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • School Tax: 2300
  • Styles of Residence: 2 Story, Farmhouse
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 130680
  • Age of Building: 148
  • Year Built: 1875
  • Directions To Property: From Norwich, take rt 12 north, house is on left just past road to eye doctors.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Crawl Space, Partial
  • Floor Description: Carpet, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 3056

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Deck
  • Number of Acres: 3.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric
  • Water Supply: Well

Schools

  • School District: Sherburne-Earlville

Lot Info

  • Parcel Number: 110.1-1-20

Tax Info

  • Total Taxes: 4700

MLS Schools

  • School District Name: Sherburne-Earlville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 8, 2021
Sold by
Gramsch Hannelore M
Bought by
Cole Fred R
Seller's Agent
Kara Posson Reed
KP Country Real Estate LLC
Buyer's Agent
Kara Posson Reed
KP Country Real Estate LLC
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%
Current Estimated Value
$257,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,412
Avg. Annual Appreciation
14.28%
Original Mortgage
$151,667
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2015
Sold by
Gramsch Reinhold
Bought by
Hitchcock Ralph
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
Cole Fred R $159,650 Stewart Title
Cole Fred R $159,650 Stewart Title
Hitchcock Ralph $63,500 John M. Silvestri
Hitchcock Ralph $63,500 John M. Silvestri
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Fred R $151,667
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $155,000 -13.4% $51 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
08/04/2020 08/04/20 For Sale $179,000 -- $59 / 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 $4,689 $85,500 $10,500 $75,000
2023 $4,654 $85,500 $10,500 $75,000
2022 $4,492 $85,500 $10,500 $75,000
2021 $4,396 $85,500 $10,500 $75,000
2020 $4,352 $85,500 $10,500 $75,000
2019 $7,228 $85,500 $10,500 $75,000
2018 $7,228 $85,500 $10,500 $75,000
2017 $7,119 $85,500 $10,500 $75,000
2016 $7,144 $85,500 $10,500 $75,000
2015 -- $85,500 $10,500 $75,000
2014 -- $85,500 $10,500 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD127379

Otsego-Delaware Board of REALTORS®

APN: 084000-110-100-0001-020-000-0000