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7005 Reservoir Road

7005 Reservoir Road, Clinton, NY 13323
House in Kirkland
Sold Oct 06, 2020
$157,685
$126,100 by Key Bank Na
Mortgage Due Feb 01, 2036
Sold Nov 14, 2019
$484,775
7005 Reservoir Road has been categorized by the local assessors in Clinton, NY as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7005 Reservoir Road has 2,646 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 43,560 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,125 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open 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 brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 7005 Reservoir Road sold most recently in Sep 24, 2020 for a total of $157,685. If you work out the math, that's approximately a cost of $59.59 per sqft. Before that, the property was also sold for $484,775 in Sep 6, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,138 in taxes each year. 7005 Reservoir Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $162,950. If we break it down further, the land itself was valued at $25,800. Improvements to the property, however, were assessed at a total of $137,150. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,125
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,646
  • Building Area: 2,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,646
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CAWLEY MICHAEL J
  • Previous Owner : BANK NEW YORK MELLON TR
  • Owner Before Previous Owner: SCHMITT WILLIAM P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clinton Central School District
  • School Tax School District: CLINTON
  • Census Tract: 025003

Geography

  • Account Number: 024020.2
  • District: 304089
  • Section: 346.00
  • Parcel: 304089 346.000-1-66.3
  • Block: 1
  • Lot: 66.003
  • Municipality: KIRKLAND (TOV)
  • Latitude: 43.0402
  • Longitude: -75.4233

    Address

  • Full Address: 7005 Reservoir Rd
  • Address - House Number: 7005
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Clinton
  • Carrier Code: R004
  • 4-Digit Zip Code: 4821
  • Zip Code: 13323

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,138
  • Tax Rate Code Area: 304001

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 341,963
  • High Value: 425,764
  • Low Value: 258,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,100
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Jan 20, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $126,100
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $378,953
  • Market Land Value: $60,000
  • Market Improvement Value: $318,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,950
  • Assessed Land Value: $25,800
  • Assessed Improvements Value: $137,150

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11792821859
  • Current Sale Price: $157,685
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-013320
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $484,775
  • Previous Sale Document Type: Foreclosure

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Frequently Asked Questions

What neighborhood is 7005 Reservoir Road located in?
The 7005 Reservoir Road is a house located in the neighborhood of Kirkland in Oneida, Clinton.
What is the average sales price for listings in 7005 Reservoir Road?
The average sales price for units in 7005 Reservoir Road is $0 currently.

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