NOT LISTED FOR SALE

Estimated Value: $357,000 - $452,000

2 Beds
1.5 Baths
1,580 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $188,000 $119 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,311/month

247 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Ranch Style House
  • 1 Fireplace

About This Home

As of March 2013

Pepacton Panorama The views start with the nearby waters of the Pepacton Reservoir, continue to the surrounding forested area and end with miles and miles of tree covered mountains. This is what you see as you start the day with your morning coffee seated on your huge outdoor deck. After you've caught your breath, you'll continue to enjoy your lovely 2 BR, 1 bath contemporary cottage with a large eat-in kitchen which combines form and function and opens to the living room containing a fireplace with insert to keep you toasty through the winter. A separate large dining room and entrance mud/utility room complete the picture. Six acres of surrounding land with lawn and woods keeps you private and protected, but not isolated. Well established perenial flower beds, wooden pathways, stone walls, a second large deck with outdoor shower are sure to give you hours of enjoyment. The 2 car garage and storage shed offer room for a work shop or additional storage. Come see for yourself!

Last Agent to Sell the Property

Rosalie Glauser

Listing by Frank Lumia Real Estate Plus!, LLC License #10301206065 Listed on: 04/30/2012

Last Buyer's Agent

Jeffrey Ashton

Listing by Coldwell Banker Timberland Properties License #40AS1141313

Coldwell Banker Timberland Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1940

Lot Details

  • 6

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 6 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 325.-1-7.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Andes-122000
  • Total Assessed Value: 185000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 31333.33
  • Ratio Close Price By Sq Ft: 118.99
  • Ratio List Price By Acres: 32500.00
  • Ratio List Price By Sq Ft: 123.42
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1287
  • Styles of Residence: Cottage, Ranch
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 261360
  • Age of Building: 83
  • Year Built: 1940
  • Directions To Property: State HWY 28 to Cty Hwy 30, then follow to Rainbow Hill Rd., approx. 2 miles, # 117 is on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1580

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 6.0000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water, Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Gas
  • Water Supply: Well

Schools

  • School District: Margaretville

Lot Info

  • Parcel Number: 325.-1-7.1

Tax Info

  • Total Taxes: 2589

MLS Schools

  • School District Name: Margaretville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
Mar 29, 2013
Sold by
Possenti Peter B
Bought by
Couchman Rolla C
Seller's Agent
Rosalie Glauser
Frank Lumia Real Estate Plus!, LLC
Buyer's Agent
Jeffrey Ashton
Coldwell Banker Timberland Properties
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$386,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,806
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Possenti Peter
Bought by
Possenti Peter
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
Couchman Rolla C $188,000 Dennis Metnick
Possenti Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couchman Rolla C $184,124
Previous Owner Possenti Pater B $17,500
Previous Owner Jacobs Todd C $128,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $188,000 -3.6% $119 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
04/30/2012 04/30/12 For Sale $195,000 -- $123 / 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 $2,025 $225,800 $39,500 $186,300
2023 $3,617 $225,800 $39,500 $186,300
2022 $3,446 $225,800 $39,500 $186,300
2021 $3,408 $188,200 $38,000 $150,200
2020 $3,330 $179,200 $38,000 $141,200
2019 $3,379 $179,200 $38,000 $141,200
2018 $3,379 $179,200 $38,000 $141,200
2017 $3,337 $179,200 $38,000 $141,200
2016 $3,282 $179,200 $38,000 $141,200
2015 -- $179,200 $38,000 $141,200
2014 -- $179,200 $38,000 $141,200
Source: Public Records

Agents Affiliated with this Home

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Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD84220

Otsego-Delaware Board of REALTORS®

APN: 122000-325-000-0001-007-100