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113 Lee Drive

113 Lee Drive, Maryland, NY 12116
House in Milford
Sold May 14, 2020
$76,000
$68,400 by Homestead Funding Corp
Mortgage Due Jun 01, 2050
Sold Aug 09, 2013
$76,500
$68,850 by Nbt Bank Na
Mortgage Due Jan 01, 2042
Local assessors in Maryland, NY have categorized 113 Lee Drive as a residential type of property. The home was built in 1935 and is 89 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 11,761 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 113 Lee Drive has a total of 640 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in Apr 28, 2020 for $76,000. That's $118.75 per sqft. Prior to that sales transaction, the property was also sold in Aug 6, 2013 for $76,500. 113 Lee Drive was last assessed in 2023. The total value of the property was assessed at $79,000. Specifically, the land the property is located on was valued at $27,000. While improvements on the property were assessed at a total of $52,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Composition
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 640
  • Building Area: 640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: 003CLIFFSIDE TERRACE 0 5

Ownership

  • Current Owner : LOSSI MARK D
  • Current Owner 2: LOSSI KATIE L
  • Previous Owner : MUNSON JUSTIN R
  • Owner Before Previous Owner: LEE BRYAN P

Neighborhood

  • School District Name: Milford Central School District
  • School Tax School District: MILFORD
  • Census Tract: 590500

Geography

  • Account Number: 067700
  • District: 364089
  • Section: 260.09
  • Parcel: 364089 260.09-1-46.00
  • Block: 1
  • Lot: 46.000
  • Municipality: MILFORD (TOV)
  • Latitude: 42.5148
  • Longitude: -74.9821

    Address

  • Full Address: 113 Lee Dr
  • Address - House Number: 113
  • Address - Street Name: Lee
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Maryland
  • Carrier Code: R001
  • 4-Digit Zip Code: 1901
  • Zip Code: 12116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364001

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 92,629
  • High Value: 104,335
  • Low Value: 80,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,400
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: May 14, 2020
  • First Open Lien Mortgage Loan Amount: $68,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $95,758
  • Market Land Value: $32,727
  • Market Improvement Value: $63,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,000
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $52,000

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Transaction ID: 11761722404
  • Current Sale Price: $76,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-1888
  • Previous Sale Recording Date: Aug 09, 2013
  • Previous Sale Contract Date: Aug 06, 2013
  • Previous Sale Amount: $76,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: May 14, 2020
  • First Mortgage Loan Amount: $68,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NBT BANK NA
  • Previous Mortgage Transaction Date: Aug 09, 2013
  • Previous Mortgage Loan Amount: $68,850
  • Previous Mortgage Term: 340
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About Otsego



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Frequently Asked Questions

What neighborhood is 113 Lee Drive located in?
The 113 Lee Drive is a house located in the neighborhood of Milford in Otsego, Maryland.
What is the average sales price for listings in 113 Lee Drive?
The average sales price for units in 113 Lee Drive is $0 currently.

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