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40 West 12th Avenue

40 West 12th Avenue, Gloversville, NY 12078
Property in Gloversville
Sold Feb 10, 2020
$78,230
$76,812 by Nbt Bank National Association
Mortgage Due Mar 01, 2050
Sold Sep 17, 2014
$60,000
40 West 12th Avenue has been categorized by the local assessors in Gloversville, NY as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 40 West 12th Avenue has 1,084 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 13,200 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 299 sqft. According to our sources, there are a total of 2 available parking spaces. 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 C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 40 West 12th Avenue was last sold in Jan 1, 1970 for $78,230. According to our calculations, that's $72.17 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Sep 15, 2014. Current property owners are expected to pay $2,311 in taxes per year. The property on 40 West 12th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,800. To break that down further, the land itself was valued at $14,900. While improvements to the property were assessed at a total of $60,900. 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. 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!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: 1963
  • Effective Year Built: 1963
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 299
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,200
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,084
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD PARCEL =06-24- 92.00

Ownership

  • Current Owner : COLLIER TIMOTHY J
  • Previous Owner : 18 WEST STREET LLC
  • Owner Before Previous Owner: ORLOFF HUGO G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloversville City School District
  • School Tax School District: GLOVERSVILLE
  • Census Tract: 971100

Zoning

  • Zoning: R1

Geography

  • District: 170500
  • Section: 134.10
  • Parcel: 170500 134.10-5-61
  • Block: 5
  • Lot: 61.000
  • Municipality: GLOVERSVILLE
  • Latitude: 43.0651
  • Longitude: -74.3444

    Address

  • Full Address: 40 W 12th Ave
  • Address - House Number: 40
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Gloversville
  • Carrier Code: C007
  • 4-Digit Zip Code: 1311
  • Zip Code: 12078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,311
  • Tax Rate Code Area: 170500

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 122,487
  • High Value: 140,042
  • Low Value: 104,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,812
  • First Open Lien Mortgage Lender: NBT BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Loan Amount: $76,812
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $99,293
  • Market Land Value: $19,518
  • Market Improvement Value: $79,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,800
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $60,900

    Sales

  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11743733728
  • Current Sale Price: $78,230
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 17, 2014
  • Previous Sale Contract Date: Sep 15, 2014
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBT BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $76,812
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

About Gloversville



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Frequently Asked Questions

What neighborhood is 40 West 12th Avenue located in?
The 40 West 12th Avenue is a located in the neighborhood of Gloversville in Gloversville, Gloversville.
What is the average sales price for listings in 40 West 12th Avenue?
The average sales price for units in 40 West 12th Avenue is $0 currently.

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