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117 Circle Drive

117 Circle Drive, Otego, NY 13825
House in Otego
Sold Dec 18, 2019
$172,900
$176,617 by Homestead Funding Corp
Mortgage Due Dec 18, 2049
Sold Mar 03, 2016
$131,150
$124,592 by Homeowners Advantage
Mortgage Due Jan 01, 2046
Local assessors in Otego, NY have categorized 117 Circle Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 24,829 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 3 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 are also 2 partial bathrooms. 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 117 Circle Drive has a total of 1,264 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 500 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 588 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 117 Circle Drive was last sold in Dec 10, 2019 for $172,900. According to our calculations, that's $136.79 per sqft. Prior to that sales transaction, the property was sold for $131,150 in Feb 26, 2016. Current property owners are expected to pay $0 in taxes per year. The property on 117 Circle Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $158,000. To break that down further, the land itself was valued at $25,700. While improvements to the property were assessed at a total of $132,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,264
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 987UNDERWOOD SUB 0 800

Ownership

  • Current Owner : BACHMAN KEITH E
  • Previous Owner : OHARA RYAN M
  • Previous Owner 2: OHARA JENNIFER L
  • Owner Before Previous Owner: NELLIS WAYNE RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591401

Zoning

  • Zoning: R3

Geography

  • Account Number: 031840
  • District: 364889
  • Section: 324.18
  • Parcel: 364889 324.18-1-37.00
  • Block: 1
  • Lot: 37.000
  • Municipality: OTEGO (TOV)
  • Latitude: 42.3675
  • Longitude: -75.2339

    Address

  • Full Address: 117 Circle Dr
  • Address - House Number: 117
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Otego
  • Carrier Code: R051
  • 4-Digit Zip Code: 2195
  • Zip Code: 13825

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364801

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 150,979
  • High Value: 170,059
  • Low Value: 131,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,617
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Dec 18, 2019
  • First Open Lien Mortgage Loan Amount: $176,617
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 18, 2049

    Market Valuation

  • Market Total Value: $169,892
  • Market Land Value: $27,634
  • Market Improvement Value: $142,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,000
  • Assessed Land Value: $25,700
  • Assessed Improvements Value: $132,300

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 18, 2019
  • Current Sale Transaction ID: 11713469339
  • Current Sale Price: $172,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-5913
  • Previous Sale Recording Date: Mar 03, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $131,150
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Dec 18, 2019
  • First Mortgage Loan Amount: $176,617
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: HOMEOWNERS ADVANTAGE
  • Previous Mortgage Transaction Date: Mar 03, 2016
  • Previous Mortgage Loan Amount: $124,592
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About Otsego



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 117 Circle Drive located in?
The 117 Circle Drive is a house located in the neighborhood of Otego in Otsego, Otego.
What is the average sales price for listings in 117 Circle Drive?
The average sales price for units in 117 Circle Drive is $163,900 , or $130/sqft. currently.

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