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3724 Montrose Turnpike

3724 Montrose Turnpike, Owego, NY 13827
House in Owego
Sold Apr 30, 2018
$130,000
$80,000 by Community Bank Na
Mortgage Due Jan 01, 2048
Sold Oct 06, 2017
$131,500
3724 Montrose Turnpike has been categorized by the local assessors in Owego, NY as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3724 Montrose Turnpike has 1,296 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 1,854,349 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 both a covered porch and a patio. 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 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. 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, 3724 Montrose Turnpike was last sold in Apr 26, 2018 for $130,000. According to our calculations, that's $100.31 per sqft. Prior to that sales transaction, the property was sold for $131,500 in Oct 4, 2017. Current property owners are expected to pay $3,878 in taxes per year. The property on 3724 Montrose Turnpike was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,000. To break that down further, the land itself was valued at $42,700. While improvements to the property were assessed at a total of $33,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 1,854,349
  • Lot Size Frontage Feet: 2,113
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 42.57
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: OIL & GAS LEASE: 672/312 O/G LEASE BK683/P155

Ownership

  • Current Owner : LARSON DUSTIN B
  • Current Owner 2: LARSON LYDIA M
  • Previous Owner : LARSON BRIAN
  • Previous Owner 2: LARSON BONNIE
  • Owner Before Previous Owner: TORBERT JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Owego-Apalachin Central School District
  • School Tax School District: OWEGO-APALACHIN
  • Census Tract: 020401

Zoning

  • Zoning: ZONE

Geography

  • Account Number: 00000006305
  • District: 493089
  • Section: 151.00
  • Parcel: 493089 151.00-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: OWEGO (TOV)
  • Latitude: 42.0549
  • Longitude: -76.2289

    Address

  • Full Address: 3724 Montrose Tpke
  • Address - House Number: 3724
  • Address - Street Name: Montrose
  • Address - Suffix Type: Tpke
  • State: NY
  • City Name: Owego
  • Carrier Code: H064
  • 4-Digit Zip Code: 7200
  • Zip Code: 13827

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,878
  • Tax Rate Code Area: 493001

    Appraisal Valuation

  • Standard Deviation: 0.1191
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 150,291
  • High Value: 168,200
  • Low Value: 132,381

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2018
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $140,741
  • Market Land Value: $79,074
  • Market Improvement Value: $61,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $42,700
  • Assessed Improvements Value: $33,300

    Sales

  • Current Sale Contract Date: Apr 26, 2018
  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Transaction ID: 11460694355
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180-00001787
  • Previous Sale Recording Date: Oct 06, 2017
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Amount: $131,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Apr 30, 2018
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

About Tioga



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Frequently Asked Questions

What neighborhood is 3724 Montrose Turnpike located in?
The 3724 Montrose Turnpike is a house located in the neighborhood of Owego in Tioga, Owego.
What is the average sales price for listings in 3724 Montrose Turnpike?
The average sales price for units in 3724 Montrose Turnpike is $150,000 , or $116/sqft. currently.

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