$490,000
SOLD MAR 10, 2025

720 Peru Rd Groton, NY 13073

4 Beds
3 Baths
3,250 Sq Ft
3.25 Acres

Recently Sold

$151 Per Sq Ft

2% Below List Price

38 Days on Market

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 3.25 Acre Lot
  • Indoor Spa
  • Home fronts a pond
  • Maid or Guest Quarters

About This Home

As of March 2025

Grand Four-Bedroom Home with In-Law Suite and Stunning Views. Discover the perfect blend of elegance and comfort in this spacious four-bedroom, three-full-bathroom home with over 3 acres. Featuring an open floor plan, large rooms, and a cozy fireplace, this home is ideal for entertaining or simply relaxing. The property includes a versatile in-law suite or accessory apartment, perfect for extended family or additional rental income. This custom kitchen is enough to make anyone the most renown chef. Outside, enjoy a private pond, inground heated salt water pool, hot tub, outdoor kitchen and breathtaking views that will simply take your breath away. Additional highlights include; Classic and elegant design, Two-car garage and Centrally located just minutes from the charming village of Groton and only 12 minutes from Triphammer Road.
This home is a rare find—don’t miss the opportunity to make it yours!

Last Agent to Sell the Property

Pamela Cullip

Listing by Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607.261.0439 License #10301222374 Listed on: 12/19/2024

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Ryan Mitchell

Listing by Warren Real Estate of Ithaca Inc. (Downtown) License #10401263065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,711

Year Built

  • Built in 1988

Lot Details

  • 3.25 Acre Lot
  • Lot Dimensions are 309x417
  • Home fronts a pond
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Dirt Driveway

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Indoor Spa
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Outdoor Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Propane Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Section 31 Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 502889-031-000-0001-023-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,711

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1988
  • Attribution Contact: 607.261.0439
  • Horses: Yes
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular
  • Road Frontage Type: Main Thoroughfare
  • Subdivision Name: Section 31
  • Architectural Style: Contemporary, Ranch, Raised Ranch
  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Breakfast Area, Ceiling Fan(s), Dry Bar, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Guest Accommodations, Great Room, Home Office, Hot Tub/Spa, Kitchen Island, Living/Dining Room, Sliding Glass Door(s), Solid Surface Counters, Bedroom on Main Level, In-Law Floorplan, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Propane Water Heater, Refrigerator, Range Hood, Wine Cooler, Washer, Water Softener Owned, Water Purifier
  • Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 3.25
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Balcony, Barbecue, Dirt Driveway, Deck, Hot Tub/Spa, Pool, Private Yard, See Remarks
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Underground, Garage, Garage Door Opener

Utilities

  • Cooling: Zoned, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Zoned, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Groton

Lot Info

  • Parcel Number: 502889-031-000-0001-023-001-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 309X417
  • Lot Size Sq Ft: 141570.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11711.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Jul 21, 2023
Sold by
Corcoran Timothy J and Corcoran Helen D
Bought by
Parks Timothy J
Seller's Agent
Mathew Allen
Land of Lakes Realty Inc
List Price
$499,900
Sold Price
$455,000
Premium/Discount to List
-$44,900
-8.98%
Current Estimated Value
$492,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,669
Avg. Annual Appreciation
3.86%
Original Mortgage
$427,500
Outstanding Balance
$417,965
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,704

Purchase Details

Closed on
Jul 7, 2020
Sold by
Ras Closing Services Llc
Bought by
Edamala Robert and Edamala Premila

Purchase Details

Closed on
Jul 18, 2011
Sold by
Gonzalez Alfonso
Bought by
Corcoran Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2001
Sold by
Stanbro William J
Bought by
Gonzalez Alfonso

Purchase Details

Closed on
Dec 19, 1997
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 None Available
Deed $390,000 None Available
Deed $250,000 James Henry
Deed $163,000 Bixler Elizabeth
Deed $130,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 Purchase Money Mortgage
Previous Owner $216,000 Balloon
Previous Owner $55,000 Credit Line Revolving
Previous Owner $24,427 Unknown
Previous Owner $225,000 Unknown
Previous Owner $135,000 Unknown
Previous Owner $17,300 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $490,000 -1.8% $151 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $499,000 +9.7% $154 / Sq Ft
07/21/2023 07/21/23 Sold $455,000 -9.0% $144 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $499,900 -- $158 / 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 $8,894 $460,000 $17,300 $442,700
2023 $8,894 $330,000 $17,300 $312,700
2022 $8,864 $300,000 $17,300 $282,700
2021 $8,910 $290,000 $17,300 $272,700
2020 $2,990 $290,000 $17,300 $272,700
2019 $8,058 $270,000 $17,300 $252,700
2018 $8,063 $270,000 $17,300 $252,700
2017 $7,940 $270,000 $17,300 $252,700
2016 $8,044 $270,000 $17,300 $252,700
2015 -- $270,000 $17,300 $252,700
2014 -- $270,000 $14,300 $255,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1581845

Cortland County Board of REALTORS®

APN: 502889-031-000-0001-023-001-0000