NOT LISTED FOR SALE

817 Flax Island Rd Otego, NY 13825

Estimated Value: $267,000 - $406,819

4 Beds
2.5 Baths
1,242 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $185,000 $149 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,751/month

17 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Ceramic Tile Flooring
  • Log Cabin

About This Home

As of May 2015

Log Home in a private setting offers 4 acres with a large view deck, open floor plan with high cathedral ceiling, 4 Bedrooms, Finished basement walk out gives over 1000 sq ft of additional living space! Ready for your creative improvements.This property is eligible under the Freddie Mac First Look Initiative through 4-5-2015

Last Listed By

Tara Wingate

Listing by Cornerstone Properties License #40WI1025030 Listed on: 03/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 1992

Lot Details

  • 4.83

Parking

  • 2 Car Detached Garage

Home Design

  • 1,242 Sq Ft Home
  • Log Cabin
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 4.83 Acre Lot
  • Finished Basement

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 06.00-1-44.3

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,229

Year Built

Built in 1992

Lot Details

0

Listing Details

  • NY Swis Code: Otego-364889
  • Total Assessed Value: 245000
  • Construction: Frame
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 38302.28
  • Ratio Close Price By Sq Ft: 148.95
  • Ratio List Price By Acres: 40351.97
  • Ratio List Price By Sq Ft: 156.92
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 4440
  • Styles of Residence: Log Home
  • Sub Board Code: Otsego-Delaware
  • Type of Sale: Bank Owned / REO
  • Lot Sq Ft: 210395
  • Age of Building: 31
  • Year Built: 1992
  • Directions To Property: Interstate I 88 to exit 12,Turn right onto NY-7/Main St.Turn left onto Flax Island Rd, Turn slight right to stay on Flax Island Rd
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Finished, Slab
  • Floor Description: Carpet, Ceramic-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1242

Exterior Features

  • Construction: Log Sided, Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 4.8300

Garage/Parking

  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Unatego

Lot Info

  • Parcel Number: 06.00-1-44.3

Tax Info

  • Total Taxes: 6229

MLS Schools

  • School District Name: Unatego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Lapointe Victor J and Lapointe Kristen M
Bought by
Johnson Cheryl L
Total Days on Market
17
Current Estimated Value
$401,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$233,987
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$127,468

Purchase Details

Listed on
Mar 17, 2015
Closed on
May 20, 2015
Sold by
Federal Home Loan Mortgage Corp.
Bought by
Lapoint Victor Lapoint, Kristen
Seller's Agent
Tara Wingate
Cornerstone Properties
Buyer's Agent
Tom Tillapaugh
Howard Hanna
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$181,623
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2015
Sold by
Cirillo Esq
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 18, 1999
Sold by
Winchester Brent W
Bought by
Macumber Jeffrey S

Range of Values:

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Average Value
Not Available
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
Johnson Cheryl L $325,000 None Available
Lapoint Victor Lapoint, Kristen $185,000 Eric Jervis, Esq.
Federal Home Loan Mortgage Corp $248,151 Associates, P.C Rosicki, Ros
Macumber Jeffrey S $127,500 Steven Rothenberg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cheryl L $260,000
Previous Owner Lapoint Victor Lapoint, Kristen $181,623
Previous Owner Smith Harry M $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $185,000 -5.1% $149 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $194,900 -- $157 / 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 $6,291 $243,000 $35,200 $207,800
2023 $6,212 $243,000 $35,200 $207,800
2022 $6,246 $243,000 $35,200 $207,800
2021 $6,397 $243,000 $35,200 $207,800
2020 $6,374 $243,000 $35,200 $207,800
2019 $4,375 $243,000 $35,200 $207,800
2018 $6,096 $243,000 $35,200 $207,800
2017 $6,124 $243,000 $35,200 $207,800
2016 $6,125 $243,000 $35,200 $207,800
2015 -- $243,000 $35,200 $207,800
2014 -- $245,000 $35,200 $209,800
Source: Public Records

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Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD98764

Otsego-Delaware Board of REALTORS®

APN: 364889-306-000-0001-044-003-0000