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231 North Lounsberry Road

231 North Lounsberry Road, Brooktondale, NY 14817
Property in Caroline
Sold Mar 20, 2008
$150,000
$142,500 by Tompkins Trust Co
Mortgage Due Jan 01, 2033
Local assessors in Brooktondale, NY have categorized 231 North Lounsberry Road as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 108,900 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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 is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 231 North Lounsberry Road has a total of 1,638 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. 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. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 231 North Lounsberry Road sold most recently in Mar 20, 2008 for a total of $150,000. If you work out the math, that's approximately a cost of $91.58 per sqft. 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. 231 North Lounsberry Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $207,000. If we break it down further, the land itself was valued at $28,800. Improvements to the property, however, were assessed at a total of $178,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,638
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KINNEY MICHELE L
  • Previous Owner : WOODIN RUBY I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ithaca City School District
  • School Tax School District: ITHACA
  • Census Tract: 001901

Geography

  • District: 502000
  • Section: 10.00
  • Parcel: 502000 10.-2-1
  • Block: 2
  • Lot: 1.000
  • Municipality: CAROLINE
  • Latitude: 42.3822
  • Longitude: -76.3876

    Address

  • Full Address: 231 N Lounsberry Rd
  • Address - House Number: 231
  • Street Direction: N
  • Address - Street Name: Lounsberry
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Brooktondale
  • Carrier Code: H068
  • 4-Digit Zip Code: 9402
  • Zip Code: 14817

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 500700

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 228,481
  • High Value: 261,666
  • Low Value: 195,295

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $174,962
  • First Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 20, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $142,500
  • First Open Lien Mortgage Term: 297
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2033
  • Second Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • Second Open Lien Mortgage Recording Date: Mar 24, 2015
  • Second Open Lien Mortgage Loan Amount: $2,462
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2030
  • Third Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • Third Open Lien Mortgage Recording Date: Sep 22, 2017
  • Third Open Lien Mortgage Loan Amount: $30,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Sep 22, 2047

    Market Valuation

  • Market Total Value: $207,000
  • Market Land Value: $28,800
  • Market Improvement Value: $178,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,000
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $178,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2008
  • Current Sale Recording Date: Mar 20, 2008
  • Current Sale Transaction ID: 1139143495
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOMPKINS TRUST CO
  • First Mortgage Transaction Date: Mar 20, 2008
  • First Mortgage Loan Amount: $142,500
  • First Mortgage Terms: 297
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Tompkins



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Frequently Asked Questions

What neighborhood is 231 North Lounsberry Road located in?
The 231 North Lounsberry Road is a located in the neighborhood of Caroline in Tompkins, Brooktondale.
What is the average sales price for listings in 231 North Lounsberry Road?
The average sales price for units in 231 North Lounsberry Road is $0 currently.

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