NOT LISTED FOR SALE

Estimated Value: $155,000 - $198,000

2 Beds
2 Baths
1,500 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $73,500 $49 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,259/month

93 Days on Market

Highlights

  • Barn
  • Cathedral Ceiling
  • Kitchen Island
  • Cape Cod Architecture
  • Detached Garage
  • High Speed Internet

About This Home

As of July 2012

Have the fresh air and beauty of country living with the ultimate convenience of a well maintained state road. Remodeled Cape Cod style farmhouse situated on 1.48 acres in the scenic Otsego Valley! Beautiful, established property. Convenient to the full service towns of Norwich and Cortland. 45 minutes to Binghamton. 1 hour drive to Ithaca or Syracuse. Spacious kitchen with breakfast bar. Vaulted ceiling opens to large dining room with window seat. Cozy, private and quiet living w/library nook, contains bow window over looking private fenced - in back yard. First floor laundry. Downstairs bedroom and bath can be closed off from rest of house to make a great overnight guest area. Large master bedroom suite w/full bath, walk in closet and plenty of storage on 2nd floor.Enjoy spring breezes and sunshine on the south side deck, spend hot summer afternoons under the shade of a large maple tree on the north side yard. Enjoy rainy days on the front porch. Have the best of indoor and outdoor l

Last Agent to Sell the Property

Harry Young

Listing by Irmin A Mody Real Estate License #30YO0842046 Listed on: 03/18/2012

Last Buyer's Agent

Harry Young

Listing by Irmin A Mody Real Estate License #30YO0842046 Listed on: 03/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1900

Lot Details

  • 1.48

Parking

  • Detached Garage

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Cathedral Ceiling
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Well
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • 1.48 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 77.-1-24.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,225

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Pitcher-085000
  • Total Assessed Value: 48500
  • Construction: Frame
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 49662.16
  • Ratio Close Price By Sq Ft: 49.00
  • Ratio List Price By Acres: 60743.24
  • Ratio List Price By Sq Ft: 59.93
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1489
  • Styles of Residence: Cape Cod
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 64469
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: from Norwich rt 23 west to right on rt 42 to left on rt 26 to sign on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling
  • Floor Description: Carpet, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Island
  • Number of Bedrooms 1st Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1500

Exterior Features

  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 1.4800

Garage/Parking

  • Garage Description: Detached

Utilities

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

Schools

  • School District: Otselic Valley

Lot Info

  • Parcel Number: 77.-1-24.2

Rental Info

  • Type of Tenancy: Owner Occupied

Tax Info

  • Total Taxes: 3225

MLS Schools

  • School District Name: Otselic Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jul 10, 2012
Sold by
Faulkner Charles T
Bought by
Morley Gary C
Seller's Agent
Harry Young
Irmin A Mody Real Estate
Buyer's Agent
Harry Young
Irmin A Mody Real Estate
List Price
$89,900
Sold Price
$73,500
Premium/Discount to List
-$16,400
-18.24%
Current Estimated Value
$175,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,174
Avg. Annual Appreciation
6.86%
Original Mortgage
$80,250
Outstanding Balance
$56,025
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$119,649

Purchase Details

Closed on
Sep 9, 2005
Sold by
Devinne Peter M
Bought by
Faulkner Charles T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
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
Morley Gary C $73,500 Scott Clippinger
Faulkner Charles T $92,500 Myron Dewitt
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morley Gary C $80,250
Previous Owner Faulkner Charles T $87,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2012 07/10/12 Sold $73,500 -18.2% $49 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
03/18/2012 03/18/12 For Sale $89,900 -- $60 / 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 $3,653 $48,500 $7,500 $41,000
2023 $4,014 $48,500 $7,500 $41,000
2022 $3,932 $48,500 $7,500 $41,000
2021 $3,867 $48,500 $7,500 $41,000
2020 $3,185 $48,500 $7,500 $41,000
2019 $3,204 $48,500 $7,500 $41,000
2018 $3,204 $48,500 $7,500 $41,000
2017 $3,198 $48,500 $7,500 $41,000
2016 $3,063 $48,500 $7,500 $41,000
2015 -- $48,500 $7,500 $41,000
2014 -- $48,500 $7,500 $41,000
Source: Public Records

Agents Affiliated with this Home

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Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD83531

Otsego-Delaware Board of REALTORS®

APN: 085000-077-000-0001-024-200-0000