NOT LISTED FOR SALE

Estimated Value: $320,000 - $1,160,000

3 Beds
3 Baths
2,927 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $800,000 $273 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,627/month

155 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Horses Allowed On Property
  • Home fronts a pond
  • Barn
  • Second Kitchen
  • Second Garage

About This Home

As of December 2018

90 deeded acres located in the heart of the picturesque New York Finger Lakes, this luxury custom 2,927sqft (plus 1664 sq ft of decks) classic log & stone three-bedroom, three bath residence captures views of the surrounding hillsides and abundant wildlife. Highlights include 20 acres of fenced pastures, 70 acres of hardwood forest, ponds, apple orchard, fenced garden area, a 32x100 pole barn with tack room and 80x120 outdoor arena. Also, a 24x48 Air-Conditioned workshop and office, 34x32 garage, 16x24 wood shed, and a 12x12 cottage by a two-acre pond loaded with fish. The log home sits perfectly just outside the Village of Van Etten with easy access to the wine country of the Finger lakes, and the city of Ithaca. Single owner pride of ownership is evident throughout the entire property.

Last Agent to Sell the Property

Mike Franklin

Listing by Dropped Members License #10371201034 Listed on: 05/14/2018

Last Buyer's Agent

Mike Franklin

Listing by Dropped Members License #10371201034 Listed on: 05/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1987

Lot Details

  • 90.9 Acre Lot
  • Lot Dimensions are 2,164 x 3,060
  • Home fronts a pond
  • 1,200 Feet of Waterfront
  • Fenced Yard
  • Secluded Lot
  • Irregular Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,927 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Workshop

Kitchen

  • Second Kitchen
  • Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Up Access
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Running Water Available in Garage
  • Heated Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Grill

Schools

  • Spencer-Van Etten Elementary School
  • Spencer-Van Etten Middle School
  • Spencer-Van Etten High School

Utilities

  • Forced Air Cooling System
  • Wall Furnace
  • Heating System Uses Wood
  • Radiant Heating System
  • Heating System Uses Propane
  • 220 Volts in Garage
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 15.00-1-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,748

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • NY Swis Code: Van Etten-073889
  • Total Assessed Value: 272917
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 2164
  • Lot Dimension Front: 3060
  • Lot Information: Agricultural District, Horses Permitted, Secluded, Water View, Wooded Lot
  • Lot Shape: Irregular
  • Nearest Cross Street: Langford Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 8800.88
  • Ratio Close Price By Sq Ft: 273.32
  • Ratio List Price By Acres: 11551.16
  • Ratio List Price By Sq Ft: 358.73
  • Regional Board Code: Syracuse
  • School Tax: 3385
  • Styles of Residence: Log Home
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000000
  • Age of Building: 35
  • Garage Amenities: Bay(s), Electrical Service, Heated, Shop Space, Storage, Water
  • Year Built: 1987
  • Directions To Property: From NYC 80 West to 380 and connect to 81 North. At Binghamton take 17 west to Owego. Take 96 north to Spencer. Take 34 north take left on Hubert Hollow Rd. Left on Vennel follow several miles to 64 Vennel on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Den/Study, Guest Suite, Laundry-Basement, Living Room, Loft, Master Bedroom Bath, Workshop
  • Basement Description: Exterior Walkup/Bulkhead Doors, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Appliances Included: Convection, Cooktop - Gas, Dishwasher, Disposal, Oven/Range Gas
  • Kitchen Dining Description: 2nd Kitchen, Formal Dining Room, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2927

Exterior Features

  • Construction: Log Home, Log Sided, Wood
  • Additional Exterior Features: Barbecue, Deck, Dock- see Remarks, Fully Fenced Yard, Private Yard - see Remarks, Satellite Dish
  • Number of Acres: 90.9000
  • Waterfront Description: Pond
  • Waterfront Frontage: 1200

Garage/Parking

  • Driveway Description: Blacktop, Parking Area, Stone/Gravel, Turnaround
  • Garage Description: 2nd Garage, Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Propane, Wood
  • Hvac Type: AC-Central, Forced Air, Heated Floors, Radiant, Wall Furnace, Wood Auxiliary Unit
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Spencer-Van Etten
  • Elementary School: Spencer-Van Etten Elementary
  • Middle School: Spencer-Van Etten Middle
  • High School: Spencer-Van Etten High

Lot Info

  • Parcel Number: 15.00-1-23

Tax Info

  • Total Taxes: 6748

MLS Schools

  • Elementary School Name: Spencer-Van Etten Elementary
  • High School Name: Spencer-Van Etten High
  • Middle School Name: Spencer-Van Etten Middle
  • School District Name: Spencer-Van Etten

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Nov 15, 2018
Sold by
Vanderburgh Fred D and Vanderburgh Denise A
Bought by
Ristedt David E and Ristedt Kelly D
Seller's Agent
Mike Franklin
Dropped Members
Buyer's Agent
Mike Franklin
Dropped Members
List Price
$1,050,000
Sold Price
$800,000
Premium/Discount to List
-$250,000
-23.81%
Current Estimated Value
$769,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,110
Avg. Annual Appreciation
-0.85%
Original Mortgage
$80,000
Outstanding Balance
$48,958
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$706,067

Purchase Details

Closed on
Jun 4, 1998
Sold by
Vennel Jeffrey
Bought by
Ackley William R and Ackley Linda C
Source: Public Records

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 Buyer Sale Price Title Company
Ristedt David E $800,000 --
Ackley William R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ristedt David E $80,000
Open Ristedt David E $640,000
Previous Owner Vanderburgh Fred D $80,000
Previous Owner Vanderburgh Fred D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $800,000 -23.8% $273 / Sq Ft
05/14/2018 05/14/18 For Sale $1,050,000 -- $359 / Sq Ft
Source: Central New York Information Services

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 $18,311 $500,000 $105,700 $394,300
2023 $18,387 $500,000 $105,700 $394,300
2022 $18,762 $500,000 $105,700 $394,300
2021 $18,453 $500,000 $105,700 $394,300
2020 $17,326 $500,000 $105,700 $394,300
2019 $6,770 $0 $0 $0
2018 $6,770 $267,240 $105,700 $161,540
2017 $6,748 $262,000 $105,700 $156,300
2016 $3,349 $262,000 $105,700 $156,300
2015 -- $262,000 $105,700 $156,300
2014 -- $249,500 $105,700 $143,800
Source: Public Records

Agents Affiliated with this Home

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Source: Central New York Information Services

MLS Number: S1117930

Central New York Information Services

APN: 073800-015-000-0001-023-000-0000