5514 State Route 38

Local assessors in Newark Valley, NY have categorized 5514 State Route 38 as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 57,499 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5514 State Route 38 has a total of 2,599 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 952 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 644 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5514 State Route 38 sold most recently in Jul 23, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $84.65 per sqft. Before that, the property was also sold for $160,000 in Feb 25, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,591 in taxes each year. 5514 State Route 38 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,000. If we break it down further, the land itself was valued at $10,500. Improvements to the property, however, were assessed at a total of $89,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.