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550 Valley Road

550 Valley Road, Brooktondale, NY 14817
House in Caroline
Sold Jun 04, 2020
$221,600
$210,520 by Cfcu Community Cu
Mortgage Due Jun 04, 2050
Sold Feb 07, 2012
$200,500
$120,500 by Alternatives Federal Credit Un
Mortgage Due Jan 01, 2027
550 Valley Road has been categorized by the local assessors in Brooktondale, NY as a residential type of property. The building on the property was first built in 1860 and is 164 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 550 Valley Road has 1,576 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 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 a covered porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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 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, 550 Valley Road was last sold in May 12, 2020 for $221,600. According to our calculations, that's $140.61 per sqft. Prior to that sales transaction, the property was sold for $200,500 in Feb 7, 2012. Current property owners are expected to pay $0 in taxes per year. The property on 550 Valley Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $240,000. To break that down further, the land itself was valued at $19,000. While improvements to the property were assessed at a total of $221,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: Covered porch

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,576
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COFFELT KRISTI M
  • Previous Owner : DOING PARK A
  • Previous Owner 2: GROSSMAN SARAH E
  • Owner Before Previous Owner: SWARTHOUT ELLIOTT C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ithaca City School District
  • School Tax School District: ITHACA
  • Census Tract: 001901

Geography

  • District: 502000
  • Section: 10.00
  • Parcel: 502000 10.-5-12.2
  • Block: 5
  • Lot: 12.002
  • Municipality: CAROLINE
  • Latitude: 42.381
  • Longitude: -76.3912

    Address

  • Full Address: 550 Valley Rd
  • Address - House Number: 550
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Brooktondale
  • Carrier Code: R002
  • 4-Digit Zip Code: 9702
  • Zip Code: 14817

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 500700

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 320,885
  • High Value: 418,175
  • Low Value: 223,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,520
  • First Open Lien Mortgage Lender: CFCU COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $210,520
  • 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: Jun 04, 2050

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $19,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,000
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11767379455
  • Current Sale Price: $221,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-05046
  • Previous Sale Recording Date: Feb 07, 2012
  • Previous Sale Contract Date: Feb 07, 2012
  • Previous Sale Amount: $200,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CFCU COMMUNITY CU
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $210,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: ALTERNATIVES FEDERAL CREDIT UN
  • Previous Mortgage Transaction Date: Feb 07, 2012
  • Previous Mortgage Loan Amount: $120,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2027

About Tompkins



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Frequently Asked Questions

What neighborhood is 550 Valley Road located in?
The 550 Valley Road is a house located in the neighborhood of Caroline in Tompkins, Brooktondale.
What is the average sales price for listings in 550 Valley Road?
The average sales price for units in 550 Valley Road is $235,000 , or $137/sqft. currently.

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