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5853 Readburn Road

5853 Readburn Road, Walton, NY 13856
Property in Tompkins
Sold May 09, 2006
$168,000
$134,400 by Flagstar Bank Federal Savings
Mortgage Due Jan 01, 2029
Sold Jun 23, 2003
$82,000
5853 Readburn Road has been categorized by the local assessors in Walton, NY as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The building has a total of 2 stories. In addition, 5853 Readburn Road has 1,404 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 1,119,056 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 heating system and being fueled with nothing. 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. The property was last sold in May 8, 2006 for $168,000. That's $119.66 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2003 for $82,000. 5853 Readburn Road was last assessed in 2023. The total value of the property was assessed at $2,300. Specifically, the land the property is located on was valued at $900. While improvements on the property were assessed at a total of $1,400. 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 $1,490. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,119,056
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,404
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 25.69
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: GL 35 DIV 2 LOT 1

Ownership

  • Current Owner : BERNI STEFANO
  • Previous Owner : DEATS DENNIS R
  • Owner Before Previous Owner: CAMPITI FRANK

Neighborhood

  • School District Name: Hancock Central School District
  • School Tax School District: HANCOCK
  • Census Tract: 970501

Geography

  • Account Number: 08688798711
  • District: 125400
  • Section: 371.00
  • Parcel: 125400 371.-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: TOMPKINS
  • Latitude: 42.0571
  • Longitude: -75.1991

    Address

  • Full Address: 5853 Readburn Rd
  • Address - House Number: 5853
  • Address - Street Name: Readburn
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Walton
  • Carrier Code: R004
  • 4-Digit Zip Code: 3422
  • Zip Code: 13856

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,490
  • Tax Rate Code Area: 123606

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 138,477
  • High Value: 157,436
  • Low Value: 119,517

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $139,058
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FEDERAL SAVINGS
  • First Open Lien Mortgage Recording Date: May 09, 2006
  • First Open Lien Mortgage Loan Amount: $134,400
  • First Open Lien Mortgage Term: 271
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2029
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Oct 02, 2013
  • Second Open Lien Mortgage Loan Amount: $4,658
  • Second Open Lien Mortgage Term: 266
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $38,300
  • Market Land Value: $14,987
  • Market Improvement Value: $23,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,300
  • Assessed Land Value: $900
  • Assessed Improvements Value: $1,400

    Sales

  • Current Sale Contract Date: May 08, 2006
  • Current Sale Recording Date: May 09, 2006
  • Current Sale Transaction ID: 1111099774
  • Current Sale Price: $168,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 23, 2003
  • Previous Sale Contract Date: Jun 20, 2003
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FEDERAL SAVINGS
  • First Mortgage Transaction Date: May 09, 2006
  • First Mortgage Loan Amount: $134,400
  • First Mortgage Terms: 271
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2029

About Delaware



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Frequently Asked Questions

What neighborhood is 5853 Readburn Road located in?
The 5853 Readburn Road is a located in the neighborhood of Tompkins in Delaware, Walton.
What is the average sales price for listings in 5853 Readburn Road?
The average sales price for units in 5853 Readburn Road is $0 currently.

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