NOT LISTED FOR SALE

702 Elm St Groton, NY 13073

Estimated Value: $288,000 - $325,000

4 Beds
2.5 Baths
3,392 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $260,000 $77 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,347/month

44 Days on Market

Highlights

  • Second Garage
  • Colonial Architecture
  • Wood Flooring
  • 2.23 Acre Lot
  • Deck
  • Bonus Room

About This Home

As of March 2023

Completely updated home, renovated down to the studs 14 years ago. House rests on a large corner lot in a village setting. Well maintanied and chic property with welcoming floor plan and bright natural light throughout the space. Close to shopping, schools and centrally located in the Finger Lakes Region of NYS. Short drive to Summer Hill State Forest, Owasco and Skaneateles Lakes. Come see this blank canvas and all the space to live, work and play!

Last Agent to Sell the Property

David Wahl

Listing by Warren Real Estate of Ithaca License #10301205691 Listed on: 11/16/2022

Last Buyer's Agent

KiRa Fritzky-Randolph

Listing by Carol Bushberg Real Estate License #10401291120

Carol Bushberg Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1920

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 308 x 317
  • Corner Lot
  • Rectangular Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,392 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Open Floorplan
  • Living Room
  • Home Office
  • Bonus Room
  • Workshop
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Circular Driveway

Outdoor Features

  • Deck
  • Shed
  • Play Equipment
  • Porch

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 502801-208-000-0001-002-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,600

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Groton-Village-502801
  • Total Assessed Value: 170000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 308
  • Lot Dimension Front: 317
  • Lot Information: Corner Lot
  • Lot Number: 2
  • Lot Shape: Rectangular
  • Nearest Cross Street: Cedar
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 116591.93
  • Ratio Close Price By Sq Ft: 76.65
  • Ratio List Price By Acres: 118834.08
  • Ratio List Price By Sq Ft: 78.13
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt, Shingles
  • School Tax: 3000
  • Styles of Residence: Colonial
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Village: Groton-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 97139
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3392
  • Directions To Property: From Ithaca: 13N/366E, left on Ed Hill Road after approx. 4 miles. Right on Peruville and left on Lick St. Left on Elm St. Ext., beige house on left.
  • Sq Ft Total Pub: 3392
  • Attribution Contact: 607.227.3132
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Bonus Room, Den/Study, Laundry-2nd Floor, Living Room, Primary Bedroom Bath, Office, Porch - Open, Workshop
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Kitchen/Family Room Combo, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 3392

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Playset / Swingset
  • Number of Acres: 2.2300

Garage/Parking

  • Driveway Description: Blacktop, Circular
  • Garage Description: 2nd Garage, Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Groton

Lot Info

  • Parcel Number: 502801-208-000-0001-002-002-0000

Tax Info

  • Total Taxes: 6600

MLS Schools

  • School District Name: Groton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Feb 21, 2023
Sold by
Lanning Benjamin and Lanning Kiersten
Bought by
Opperman Hillary and Opperman William F
Seller's Agent
David Wahl
Warren Real Estate of Ithaca
Buyer's Agent
KiRa Fritzky-Randolph
Carol Bushberg Real Estate
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
18
Current Estimated Value
$308,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,133
Avg. Annual Appreciation
7.21%
Original Mortgage
$223,100
Outstanding Balance
$216,587
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,546

Purchase Details

Listed on
Feb 6, 2015
Closed on
Aug 22, 2016
Sold by
Maccou Alberto
Bought by
Lanning Benjamin
List Price
$177,500
Sold Price
$165,000
Premium/Discount to List
-$12,500
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$174,807
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2008
Sold by
Homesales Inc
Bought by
Maccou Alberto

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
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 2, 2008
Sold by
Holle David M & By Ref
Bought by
Homesales Inc Of Delaware

Purchase Details

Closed on
Jun 30, 1998
Sold by
Sterns Betsy A
Bought by
Holle David M and Holle Natalie

Purchase Details

Closed on
May 24, 1995
Sold by
Cavanaugh James H and Cavanaugh Patricia A
Bought by
Sternsi Betsy A
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
Opperman Hillary $230,000 None Available
Lanning Benjamin $170,000 Armstrong Donald
Maccou Alberto $80,333 James Henry
Homesales Inc Of Delaware $99,751 Steven J Baum
Holle David M $92,500 --
Sternsi Betsy A $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opperman Hillary $223,100
Previous Owner Lanning Benjamin $174,807
Previous Owner Maccou Alberto $35,000
Previous Owner Maccou Alberto $96,000
Previous Owner Holle David M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $260,000 -1.9% $77 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
11/23/2022 11/23/22 Price Changed $265,000 -3.6% $78 / Sq Ft
11/16/2022 11/16/22 For Sale $275,000 +66.7% $81 / Sq Ft
08/22/2016 08/22/16 Sold $165,000 -7.0% $49 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
02/06/2015 02/06/15 For Sale $177,500 -- $52 / 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 $8,016 $265,000 $21,800 $243,200
2023 $8,016 $230,000 $21,800 $208,200
2022 $6,460 $170,000 $21,800 $148,200
2021 $6,569 $170,000 $21,800 $148,200
2020 $3,211 $170,000 $21,800 $148,200
2019 $6,828 $170,000 $21,800 $148,200
2018 $6,822 $170,000 $21,800 $148,200
2017 $6,751 $170,000 $21,800 $148,200
2016 $6,813 $170,000 $21,800 $148,200
2015 -- $170,000 $16,200 $153,800
2014 -- $185,000 $16,200 $168,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1445664

Cortland County Board of REALTORS®

APN: 502801-208-000-0001-002-002-0000