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3162 Lake Moraine Road

3162 Lake Moraine Road, Hamilton, NY 13346
House in Madison
Sold Oct 20, 2021
$770,000
$548,000 by Finance America Llc
Mortgage Due Oct 20, 2051
3162 Lake Moraine Road in Hamilton, NY was first built in 2013 and is 11 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 7 partial bathrooms. 3162 Lake Moraine Road has 5,218 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. The basement is 2,102 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 442,570 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3162 Lake Moraine Road sold most recently in Sep 29, 2021 for a total of $770,000. If you work out the math, that's approximately a cost of $147.57 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 $13,675 in taxes each year. 3162 Lake Moraine Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $300,000. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $200,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Exterior

Vinyl Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 2,102
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 442,570
  • Total Building Area: 5,218
  • Building Area: 5,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,218
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 10.16
  • Standard Land Use Code: Seasonal, cabin, vacation residence

Ownership

  • Current Owner : CARROLL JENNIFER
  • Previous Owner : CARROLL ROBERT F

Neighborhood

  • School District Name: Madison Central School District
  • School Tax School District: MADISON
  • Census Tract: 031000

Geography

  • Account Number: 385.5
  • District: 254089
  • Section: 138.00
  • Parcel: 254089 138.-1-35.61
  • Block: 1
  • Lot: 35.061
  • Municipality: MADISON (TOV)
  • Latitude: 42.8653
  • Longitude: -75.5154

    Address

  • Full Address: 3162 Lake Moraine Rd
  • Address - House Number: 3162
  • Address - Street Name: Lake Moraine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hamilton
  • Carrier Code: R001
  • 4-Digit Zip Code: 3204
  • Zip Code: 13346

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,675
  • Tax Rate Code Area: 254001

    Appraisal Valuation

  • Standard Deviation: 0.2655
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 713,918
  • High Value: 903,723
  • Low Value: 524,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: FINANCE AMERICA LLC
  • First Open Lien Mortgage Recording Date: Oct 20, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • 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: $508,475
  • Market Land Value: $169,492
  • Market Improvement Value: $338,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $200,000

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Transaction ID: 11864321991
  • Current Sale Price: $770,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-7330

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE AMERICA LLC
  • First Mortgage Transaction Date: Oct 20, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Madison



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3162 Lake Moraine Road located in?
The 3162 Lake Moraine Road is a house located in the neighborhood of Madison in Madison, Hamilton.
What is the average sales price for listings in 3162 Lake Moraine Road?
The average sales price for units in 3162 Lake Moraine Road is $795,000 , or $159/sqft. currently.

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