NOT LISTED FOR SALE

7157 Prospect St Ovid, NY 14521

Estimated Value: $206,430 - $283,000

6 Beds
3 Baths
2,796 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $26,000 $9 Per Sq Ft

Est. 794% increase in value since last sale

Current estimated payment $1,534/month

21 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • High Speed Internet
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Energy-Efficient Windows

About This Home

As of November 2016

Property is HUD owned & subject to HUD rules. FHA eligibility-uninsured. Sold As-Is, no post-contract repairs or credits whatsoever; lien/code violations may or may not exist; mold issues may or may not exist. Buyer to independently verify all measurements, condition and HOA info if any. Buyer responsible for activating utilities for inspection. Investors must complete inspections prior to bid. Buyer to pay closing agent fees, doc stamps, title-ins and HOA transfer fees. Equal Housing Opportunity.

Last Agent to Sell the Property

Kristopher Buchan

Tompkins Cortland Real Estate Brokerage Email: kris@tcrestate.com License #10371200368 Listed on: 09/26/2016

Last Buyer's Agent

Kristopher Buchan

Tompkins Cortland Real Estate Brokerage Email: kris@tcrestate.com License #10371200368 Listed on: 09/26/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.71

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,796 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • South Seneca Elementary School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • 0.71 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 452801 01-2-58

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Water Body Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built: 1890
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: kris@tcrestate.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Varies
  • Living Area: 2796.0
  • Stories: 2

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Frame, Vinyl Siding
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Oil, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: South Seneca Elementary
  • Junior High Dist: South Seneca

Lot Info

  • Lot Size Sq Ft: 30927.0
  • Parcel #: 452801 01-2-58
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2973.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Nov 9, 2016
Sold by
Urban Dev Us Dept Of Housing & and Urban Dev. Us
Bought by
Brewer Martin J
Seller's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
Buyer's Agent
Kristopher Buchan
Tompkins Cortland Real Estate
List Price
$28,000
Sold Price
$26,000
Premium/Discount to List
-$2,000
-7.14%
Current Estimated Value
$232,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,358
Avg. Annual Appreciation
27.82%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Wells Fargo Bank Na and Wells Fargo Bank A
Bought by
Urban Development Secretary Of Housing A

Purchase Details

Closed on
Mar 17, 2015
Sold by
Hillman John S
Bought by
Wells Fargo Bank Na and Wells Fargo Bank A

Purchase Details

Closed on
Jun 9, 2005
Sold by
Hubman David E
Bought by
Hillman John S
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
Brewer Martin J $26,000 Marshall A. Kelly
Urban Development Secretary Of Housing A -- --
Wells Fargo Bank Na $64,500 Woods Oviatt Gilman, Llp
Hillman John S $67,000 Bradley Prozeller
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $26,000 -7.1% $9 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $28,000 -- $10 / Sq Ft
Source: Ithaca 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 $3,011 $75,000 $13,900 $61,100
2023 $3,011 $75,000 $13,900 $61,100
2022 $2,898 $75,000 $13,900 $61,100
2021 $2,877 $75,000 $13,900 $61,100
2020 $2,788 $75,000 $13,900 $61,100
2019 $1,403 $75,000 $13,900 $61,100
2018 $2,661 $75,000 $13,900 $61,100
2017 $2,618 $75,000 $13,900 $61,100
2016 $2,634 $75,000 $13,900 $61,100
2015 -- $75,000 $13,900 $61,100
2014 -- $75,000 $13,900 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB307687

APN: 452801-001-000-0002-058-000-0000