5 Marion Lane

5 Marion Lane has been categorized by the local assessors in Otego, NY as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 5 Marion Lane has 1,886 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 28,314 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 garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. 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 a material which is produced from two or more constituent materials. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Dec 9, 2019 for $185,000. That's $98.09 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2013 for $185,567. 5 Marion Lane was last assessed in 2023. The total value of the property was assessed at $205,000. Specifically, the land the property is located on was valued at $36,500. While improvements on the property were assessed at a total of $168,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.