When was property at 3968 Lane Road built and last sold?

The property at 3968 Lane Road was built in 1870 and last sold on Sep 14, 2015 for $10,000.

How much is this home worth?

The estimated value of the home located at 3968 Lane Road is $151,399.

What are some comparable homes to 3968 Lane Road?

There are currently no comparable homes to 3968 Lane Road.

Cayuga

3968 Lane Rd

1 / 39

Map

$115,000

● House - Off Market

3968 Lane Rd

Genoa, NY 13092

3 Beds

2 Baths, 1 Half Bath

$801

Est. Monthly

15.51%

Cap Rate

About This Property

Unique Opportunity! COMPLETELY OFF GRID HOME! Heated w/ wood & electric sourced through solar panels & 3 wind turbines! Not connected to any outside electricity! Absolutely NO utility bills! Welcoming front porch invites you in! Great project home has been almost completely gutted w/ new insulation & efforts made to respect the original character of the home w/plenty of original woodwork & features! Pocket doors & wooden floors! 3+bedrooms, bonus rooms & 1 1/2 bathrooms although they are not completely plumbed in. Most of the house needs sheet rock.Dayroom off kitchen could be used as a bedroom.Spacious rooms just needing to be finished! Well maintained Gorgeous Yard! Mature landscaping.Vegetable gardens, flowerbeds,fruit trees,berrybushes & 2 green houses! One green house boasts a hand dug well which has never frozen in winter! Road frontage on Lane Rd & Weeks Rd. Newer metal roof! If you're tired of utility bills or just interested in an investment property this may be the place for you! It is a project house but has tons of potential for the right buyer! Selling the property as is. Call today! Sq footage per sellers as assessment site has it listed as half as much as reality **

Unit Size

Days on Market

240 days

Land Size

1.30 acres

Price per sqft

Property Type

House

Property Taxes

$138

HOA Dues

Year Built

1870

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (NYSAMLS #R1493045)

Price History

Date / Event	Date	Event
Apr 18, 2024	Sold	$115,000
Sold
Mar 5, 2024	In contract	-
In contract
Feb 16, 2024	Price Decreased	$135,000 ↓ $15K (9.9%)
Price Decreased
Aug 22, 2023	Listed by Land of Lakes Realty, Inc.	$149,900
Listed by Land of Lakes Realty, Inc.
Sep 17, 2015	Sold to Home Loan Mortgage Corporat...	$55,514
Sold to Home Loan Mortgage Corporat...

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1870

Effective Year Built: 1870
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: Fair
Building Quality: C
Building Style: Traditional
Exterior Walls Type: Wood
Floor Count: 2
Basement Type: Partial basement
Basement Area: 0
Parking Space Count: 0
Porch Type: Screened porch

Dimensions

Lot Size Square Feet: 56,628

Total Building Area: 1,380
Building Area: 1,380
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Forced air unit
Heated Square Feet: 1,380
Heating Fuel Type: Oil

Utilities

Sewer System: Septic

Water Service: Well

Building

Property Class: Residential

Land Acres: 1.3
Standard Land Use Code: Single family residential
Legal Description 1: SM 90-66

Ownership

Current Owner : LAFAVE NORMAN M

Current Owner 2: LAFAVE ELLEN E
Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
Owner Before Previous Owner: BISHOP PRESTON
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Southern Cayuga Central School District

School Tax School District: SOUTHERN CAYUGA
Census Tract: 041001

Geography

District: 053000

Section: 250.00
Parcel: 053000 250.00-1-1.2
Block: 1
Lot: 1.002
Municipality: GENOA
Latitude: 42.6351
Longitude: -76.4789

Address

Full Address: 3968 Lane Rd

Address - House Number: 3968
Address - Street Name: Lane
Address - Suffix Type: Rd
State: NY
City Name: Locke
Carrier Code: R002
4-Digit Zip Code: 3264
Zip Code: 13092

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,657
Tax Rate Code Area: 053001

Appraisal Valuation

Standard Deviation: 0.1161

Valuation Date: Mar 06, 2024
Confidence Score: 87
Final Value: 124,673
High Value: 139,147
Low Value: 110,198

Market Valuation

Market Total Value: $90,909

Market Land Value: $29,318
Market Improvement Value: $61,591

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $80,000
Assessed Land Value: $25,800
Assessed Improvements Value: $54,200

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 14, 2015

Current Sale Recording Date: Sep 17, 2015
Current Sale Price: $10,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 2015-00155984
Previous Sale Recording Date: Sep 17, 2015
Previous Sale Contract Date: Mar 24, 2015
Previous Sale Amount: $55,514
Previous Sale Document Type: Referee's Deed - transfer pursuant to a foreclosure sale (NY)

Redact Ownership Info

Comparables

About Cayuga

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$135

Below Asking

0.02%

Average Days on Market

Average Home Size

38 ft²

Average Home Age

104.5 years

Currently For Sale

97 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Last Updated: 8 months ago
Data Source: NYSAMLSs, MLS# R1493045

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

3968 Lane Rd

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Cayuga

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions