Sold Jan 29, 2018
$255,000
Buyer
$5,806
by Homestead Funding Corp
Mortgage Due Sep 01, 2050
132 Babcock Lake Road has been categorized by the local assessors in Petersburg, NY as a residential type of property.
The building on the property was first built in 1999 and is 25 years old.
The home has a total of 4 bedrooms.
Residents will have access to 4 full bathrooms.
There are 4 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 132 Babcock Lake Road has 3,250 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,740 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage.
The area measurement of the land has been determined as 122,839 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing electric heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jan 19, 2018 for $255,000. That's $78.46 per sqft. 132 Babcock Lake Road was last assessed in 2023. The total value of the property was assessed at $294,000. Specifically, the land the property is located on was valued at $37,200. While improvements on the property were assessed at a total of $256,800. 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 $7,820. 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. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing electric heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jan 19, 2018 for $255,000. That's $78.46 per sqft. 132 Babcock Lake Road was last assessed in 2023. The total value of the property was assessed at $294,000. Specifically, the land the property is located on was valued at $37,200. While improvements on the property were assessed at a total of $256,800. 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 $7,820. 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. 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.
This property description is generated based on publicly available data.