See Home Value
$561,601*
House - Off Market

59 RABIE RD

Sand Lake, NY 12018
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1500 Sqft
$450,000 - $548,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jun 18, 2021
$475,000
$380,000 by Farm Credit
Mortgage Due Jun 18, 2051

About This Property

Beautiful equestrian facility located 20 minutes to downtown Albany.  This large quality built horse farm has over 20 plus stalls, wash stalls, grooming areas, heated lounge, indoor arena 60x160, large grass paddocks with safe fencing, hay fields. Farm sits far off the road in a very private setting. The large outdoor riding arena is ideal for horse shows of any discipline. Plenty of parking for horse trailers. Making this farm ideal for training, show facility or breeding.  Successful history as a boarding facility and show grounds. Gorgeous hay fields producing quality hay. Yielding 1000 plus bales of hay. Equipment shed/hay storgage. Quaint farmhouse has large country kitchen, living room, formal dining area, hardwood floors, first floor laundry. In law suite for quests.

The manager has listed the unit size as 1500 square feet.
Unit Size
1,500Ft²
Days on Market
-
Land Size
30.00 acres
Price per sqft
$333
Property Type
House
Property Taxes
$1,059
HOA Dues
-
Year Built
1825

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 15, 2021 In contract -
In contract
Aug 14, 2020 Price Decreased $499,000
↓ $21K (4%)
Price Decreased
Jul 6, 2020 Listed $519,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1825
  • Effective Year Built: 1825
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 1,306,800
  • Lot Size Frontage Feet: 15,615
  • Total Building Area: 1,221
  • Gross Building Area: 1,365
  • Building Area: 1,221
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,221
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 30
  • Standard Land Use Code: Rural/agricultural residence

Ownership

  • Current Owner : SCHMITT WILLIAM J
  • Current Owner 2: SCHMITT BROOKE
  • Previous Owner : WORTHINGTON ELIZABETH H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Averill Park Central School District
  • School Tax School District: AVERILL PARK
  • Census Tract: 052204

Geography

  • Account Number: 305J171120
  • District: 384000
  • Section: 169.00
  • Parcel: 384000 169.-2-3.1
  • Block: 2
  • Lot: 3.001
  • Municipality: SAND LAKE
  • Latitude: 42.6029
  • Longitude: -73.5976

    Address

  • Full Address: 59 Rabie Rd
  • Address - House Number: 59
  • Address - Street Name: Rabie
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Averill Park
  • Carrier Code: R001
  • 4-Digit Zip Code: 4712
  • Zip Code: 12018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,298
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 384001

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 569,250
  • High Value: 691,180
  • Low Value: 447,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: FARM CREDIT
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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 18, 2051

    Market Valuation

  • Market Total Value: $416,836
  • Market Land Value: $120,570
  • Market Improvement Value: $296,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,000
  • Assessed Land Value: $88,800
  • Assessed Improvements Value: $218,200

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11841557909
  • Current Sale Price: $475,000
  • Current Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.
  • Current Sale Input Document Number: 2021-591051

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $380,000
  • 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

About Rensselaer


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Frequently Asked Questions

When was property at 59 Rabie Road built and last sold?
The property at 59 Rabie Road was built in 1825 and last sold on Jun 9, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 59 Rabie Road is $503,990.
What are some comparable homes to 59 Rabie Road?
There are currently no comparable homes to 59 Rabie Road.

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