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3314 Seneca Turnpike

3314 Seneca Turnpike, Canastota, NY 13032
Commercial in Lenox
3314 Seneca Turnpike has been categorized by the local assessors in Canastota, NY as a recreational type of property. The building on the property was first built in 1974 and is 50 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 71,003 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 inside of the home is being cooled with a partial air conditioning at the moment. In terms of heating, the home is utilizing oil. Finally, the property is currently sourcing its water from a municipal 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, 3314 Seneca Turnpike was last sold in Aug 9, 2005 for $300,000. According to our calculations, that's $25.43 per sqft. Current property owners are expected to pay $11,458 in taxes per year. The property on 3314 Seneca Turnpike was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,000. To break that down further, the land itself was valued at $38,400. While improvements to the property were assessed at a total of $261,600. 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 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.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

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190329
03/29/2019
Studio
-
15999 ft²
$450,000
bedrooms
Studio
bathrooms
-
square feet
15999 ft²
-
-
-
JAMES DAVID LEBLANC
Century 21 Arquette Properties

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 4,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 11,799
  • Gross Building Area: 11,799
  • Building Area: 11,799
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Recreational
  • Land Acres: 1.63
  • Standard Land Use Code: Bowling alley

Ownership

  • Current Owner : 3314 SENECA TPKE LLC
  • Previous Owner : RUSSITANO PETER
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Canastota Central School District
  • School Tax School District: CANASTOTA
  • Census Tract: 030300

Geography

  • Account Number: 1809.
  • District: 253689
  • Section: 44.00
  • Parcel: 253689 44.-1-5
  • Block: 1
  • Lot: 5.000
  • Municipality: LENOX (TOV)
  • Latitude: 43.0685
  • Longitude: -75.757

    Address

  • Full Address: 3314 Seneca Tpke
  • Address - House Number: 3314
  • Address - Street Name: Seneca
  • Address - Suffix Type: Tpke
  • State: NY
  • City Name: Canastota
  • Carrier Code: R006
  • 4-Digit Zip Code: 4930
  • Zip Code: 13032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,458
  • Tax Rate Code Area: 253601

    Market Valuation

  • Market Total Value: $428,571
  • Market Land Value: $54,857
  • Market Improvement Value: $373,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $38,400
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Contract Date: Aug 09, 2005
  • Current Sale Recording Date: Aug 10, 2005
  • Current Sale Transaction ID: 1116004351
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWALLIANCE BANK
  • First Mortgage Transaction Date: Aug 10, 2005
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • Second Mortgage Lender: MADISON NY COUNTY OF
  • Second Mortgage Transaction Date: Aug 10, 2005
  • Second Mortgage Loan Amount: $75,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Commercial

About Madison



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3314 Seneca Turnpike located in?
The 3314 Seneca Turnpike is a commercial located in the neighborhood of Lenox in Madison, Canastota.
What is the average sales price for listings in 3314 Seneca Turnpike?
The average sales price for units in 3314 Seneca Turnpike is $0 currently.

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