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120 Bohling Lane

120 Bohling Lane, Richfield Springs, NY 13439
House in Richfield
Sold Sep 09, 2020
$217,500
$185,000 by Community Bank Na
Mortgage Due Oct 01, 2040
Sold Jul 18, 2001
$77,500
120 Bohling Lane in Richfield Springs, NY was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 120 Bohling Lane has 1,048 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 35,284 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a heating system and being fueled with nothing. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 120 Bohling Lane sold most recently in Aug 21, 2020 for a total of $217,500. If you work out the math, that's approximately a cost of $207.54 per sqft. Before that, the property was also sold for $77,500 in Jul 16, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 120 Bohling Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $220,000. If we break it down further, the land itself was valued at $200,000. Improvements to the property, however, were assessed at a total of $20,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1960
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 35,284
  • Lot Size Frontage Feet: 2,160
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,048
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.81
  • Standard Land Use Code: Seasonal, cabin, vacation residence

Ownership

  • Current Owner : ANDERSON MICHAEL W
  • Current Owner 2: ANDERSON KIMBERLY S
  • Previous Owner : KERR WILLIAM A
  • Previous Owner 2: KERR CAROLYN B
  • Owner Before Previous Owner: COOPER MURRAY
  • Owner Before Previous Owner 2: COOPER CLAIRE

Neighborhood

  • School District Name: Richfield Springs Central School District
  • School Tax School District: RICHFIELD SPRIN
  • Census Tract: 590301

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 009276
  • District: 365689
  • Section: 24.58
  • Parcel: 365689 24.58-1-6.00
  • Block: 1
  • Lot: 6.000
  • Municipality: RICHFIELD (TOV)
  • Latitude: 42.84
  • Longitude: -74.9997

    Address

  • Full Address: 120 Bohling Ln
  • Address - House Number: 120
  • Address - Street Name: Bohling
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Richfield Springs
  • Zip Code: 13439

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 365601

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 317,462
  • High Value: 357,581
  • Low Value: 277,342

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040
  • Second Open Lien Mortgage Lender: COMMUNITY BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 09, 2020
  • Second Open Lien Mortgage Loan Amount: $185,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $309,859
  • Market Land Value: $281,690
  • Market Improvement Value: $28,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $20,000

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11788829768
  • Current Sale Price: $217,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-3789
  • Previous Sale Recording Date: Jul 18, 2001
  • Previous Sale Contract Date: Jul 16, 2001
  • Previous Sale Amount: $77,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Oct 01, 2040

About Otsego



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Frequently Asked Questions

What neighborhood is 120 Bohling Lane located in?
The 120 Bohling Lane is a house located in the neighborhood of Richfield in Otsego, Richfield Springs.
What is the average sales price for listings in 120 Bohling Lane?
The average sales price for units in 120 Bohling Lane is $0 currently.

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