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2440 Gorton Lake Road

2440 Gorton Lake Road, West Edmeston, NY 13485
Property in Brookfield
Sold Oct 20, 2021
$140,000
$140,000 by Americu Cu
Mortgage Due Oct 20, 2051
Sold Feb 20, 2020
$46,500
2440 Gorton Lake Road has been categorized by the local assessors in West Edmeston, NY as a residential type of property. The building on the property was first built in 1880 and is 144 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2440 Gorton Lake Road has 1,800 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 224,334 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. 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 D by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with oil. 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. 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, 2440 Gorton Lake Road was last sold in Sep 30, 2021 for $140,000. According to our calculations, that's $77.78 per sqft. Prior to that sales transaction, the property was sold for $46,500 in Feb 14, 2020. Current property owners are expected to pay $4,350 in taxes per year. The property on 2440 Gorton Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $118,500. To break that down further, the land itself was valued at $19,700. While improvements to the property were assessed at a total of $98,800. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

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

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 224,334
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 5.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHIPMAN DAVID G
  • Current Owner 2: OSTRANDER BRITTANY C
  • Previous Owner : BELLAIR LEROY
  • Owner Before Previous Owner: DEUTSCHE BANK NATL T CO

Neighborhood

  • School District Name: Brookfield Central School District
  • School Tax School District: BROOKFIELD
  • Census Tract: 031100

Geography

  • Account Number: 290.124
  • District: 252000
  • Section: 158.00
  • Parcel: 252000 158.-1-31.12
  • Block: 1
  • Lot: 31.012
  • Municipality: BROOKFIELD
  • Latitude: 42.8361
  • Longitude: -75.3319

    Address

  • Full Address: 2440 Gorton Lake Rd
  • Address - House Number: 2440
  • Address - Street Name: Gorton Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Edmeston
  • Carrier Code: R001
  • 4-Digit Zip Code: 2842
  • Zip Code: 13485

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,350
  • Tax Rate Code Area: 252009

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 54
  • Final Value: 171,535
  • High Value: 224,781
  • Low Value: 118,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: AMERICU CU
  • First Open Lien Mortgage Recording Date: Oct 20, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Oct 20, 2051

    Market Valuation

  • Market Total Value: $171,739
  • Market Land Value: $28,551
  • Market Improvement Value: $143,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,500
  • Assessed Land Value: $19,700
  • Assessed Improvements Value: $98,800

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Transaction ID: 11864339293
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-7305
  • Previous Sale Recording Date: Feb 20, 2020
  • Previous Sale Contract Date: Feb 14, 2020
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICU CU
  • First Mortgage Transaction Date: Oct 20, 2021
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Madison



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Frequently Asked Questions

What neighborhood is 2440 Gorton Lake Road located in?
The 2440 Gorton Lake Road is a other located in the neighborhood of Brookfield in Madison, West Edmeston.
What is the average sales price for listings in 2440 Gorton Lake Road?
The average sales price for units in 2440 Gorton Lake Road is $0 currently.

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