See Home Value
Herkimer 13357
472 Otsego Street
$131,000
House - Off Market

472 Otsego Street

German Flatts, NY 13357
bedrooms
3 Beds
bathrooms
1 Bath
$129,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This sweet little cape sits just at the edge of town, situated on a beautiful, deep double lot... It's like having your very own park when you walk out your back door! Inside there's lots of potential too, with a first floor office, bedroom & bath, and two more bedrooms upstairs. With a few cosmetic improvements, this home will really shine (psst, don't worry, there are more hardwood floors under those carpets!). The attached garage, large shed, and spacious breezeway/mudroom are practical and convenient features. In the basement you'll find a newer hot water heater, 200 amp entrance, and a woodstove for supplemental heating. The home does also have electric heat throughout with incredibly cost effective municipal electric. A charming find, this has been a one-owner home for 70 years since it was first built and is ready to start a new chapter... come take a look!
Unit Size
-
Days on Market
118 days
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1954
Last updated: 6 months ago (NYSAMLS #S1488473)

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold to Elvis Bajrektarevic $131,000
Sold to Elvis Bajrektarevic
Aug 7, 2023 In contract -
In contract
Aug 1, 2023 Listed by Coldwell Banker Faith Properties $129,000
Listed by Coldwell Banker Faith Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 23,275
  • Lot Size Depth Feet: 4,750
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.534
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UPPER OTSEGO ST R1 54X414

Ownership

  • Current Owner : BAJREKTAREVIC ELVIS
  • Previous Owner : MELNICK KATHRYN P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Central Valley School District
  • School Tax School District: CENTRAL VALLEY
  • Census Tract: 010300

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 020000420
  • District: 212889
  • Section: 119.67
  • Parcel: 212889 119.67-1-42
  • Block: 1
  • Lot: 42.000
  • Municipality: GERMAN FLATTS (TOV)
  • Latitude: 43.0004
  • Longitude: -75.0485

    Address

  • Full Address: 472 Otsego St
  • Address - House Number: 472
  • Address - Street Name: Otsego
  • Address - Suffix Type: St
  • State: NY
  • City Name: Ilion
  • Carrier Code: R562
  • 4-Digit Zip Code: 2531
  • Zip Code: 13357

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 212803

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 96,973
  • High Value: 111,339
  • Low Value: 82,606

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $132,470
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Nov 27, 2023
  • First Open Lien Mortgage Loan Amount: $124,970
  • 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: Nov 27, 2053
  • Second Open Lien Mortgage Lender: M & T BANK
  • Second Open Lien Mortgage Recording Date: Nov 27, 2023
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Nov 27, 2053

    Market Valuation

  • Market Total Value: $88,000
  • Market Land Value: $20,000
  • Market Improvement Value: $68,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,400
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $37,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Transaction ID: 11917691474
  • Current Sale Price: $131,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: RP2023-5473

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Nov 27, 2023
  • First Mortgage Loan Amount: $124,970
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$137,800 Sep 15, 2023
$137,800 Nov 1, 2023
$317/mo
House
4 Beds
2 Baths
-
$144,900 Apr 18, 2023
$144,900 Jul 27, 2023
$248/mo
House
3 Beds
1 Bath
-
$77,250 Oct 11, 2022
$77,250 Mar 28, 2023
$279/mo
House
2 Beds
1 Bath
-
$118,450 Jan 24, 2023
$118,450 Apr 6, 2023
$292/mo
House
4 Beds
1 Bath
-
$114,480 Nov 9, 2022
$114,480 Feb 20, 2023
$388/mo
House
2 Beds
2 Baths
-
$125,000 Oct 26, 2023
-
$210/mo
House
3 Beds
1 Bath
-
$139,900 Oct 26, 2023
-
$309/mo
House
4 Beds
2 Baths
-
$150,000 Sep 1, 2023
-
$245/mo
House
5 Beds
2 Baths
-
$149,900 Oct 9, 2023
-
$337/mo
Commercial
Loft
-
-
$140,000 Mar 9, 2023
-
$403/mo
Multifamily
5 Beds
2 Baths
-
$129,900 Dec 2, 2023
-
$195/mo

About Herkimer


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Frequently Asked Questions

When was property at 472 Otsego Street built and last sold?
The property at 472 Otsego Street was built in 1954 and last sold on Nov 27, 2023 for $131,000.
How much is this home worth?
The estimated value of the home located at 472 Otsego Street is $130,290.
What are some comparable homes to 472 Otsego Street?
Homes that are comparable to 472 Otsego Street include a house property at 171 John Street, 12 High Street, 137 South 3rd Avenue.

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