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7487 State Route 5

7487 State Route 5, Little Falls, NY 13365
House in Manheim
7487 State Route 5 has been categorized by the local assessors in Little Falls, NY as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 7487 State Route 5 has 1,680 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 1,271,952 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 552 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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. In terms of heating, it is utilizing a forced air unit 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, 7487 State Route 5 sold most recently in Aug 5, 2020 for a total of $149,500. If you work out the math, that's approximately a cost of $88.99 per sqft. Before that, the property was also sold for $38,000 in Jun 20, 2018. 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 $1,071 in taxes each year. 7487 State Route 5 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $79,000. If we break it down further, the land itself was valued at $32,000. Improvements to the property, however, were assessed at a total of $47,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Exterior

Stone Exterior
Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190927
09/27/2019
4 Bed
2 Bath
1680 ft²
$229,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1680 ft²
$149,500 -34.72%
09/01/2020
Brandon Mosher
RIVER HILLS PROPERTIES LLC LF

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 552
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 1,271,952
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 29.2
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: W GAR & BARN

Ownership

  • Current Owner : COLLETTA SHANE M
  • Current Owner 2: SCHAFER KALI M
  • Previous Owner : HALE PHILIP K
  • Owner Before Previous Owner: DEPARTMENT OF HOUSING & URBAN DEV
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Little Falls City School District
  • School Tax School District: LITTLE FALLS
  • Census Tract: 011002

Zoning

  • Zoning: AG60

Geography

  • District: 213689
  • Section: 115.03
  • Parcel: 213689 115.3-1-13.9
  • Block: 1
  • Lot: 13.900
  • Municipality: MANHEIM (TOV)
  • Latitude: 43.038
  • Longitude: -74.8212

    Address

  • Full Address: 7487 State Route 5
  • Address - House Number: 7487
  • Address - Street Name: State Route 5
  • State: NY
  • City Name: Little Falls
  • Carrier Code: R001
  • 4-Digit Zip Code: 3333
  • Zip Code: 13365

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,071
  • Tax Rate Code Area: 210900

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 38,633
  • High Value: 44,399
  • Low Value: 32,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,350
  • First Open Lien Mortgage Lender: AMERICU CU
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $149,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $141,071
  • Market Land Value: $57,143
  • Market Improvement Value: $83,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,000
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $47,000

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11787980432
  • Current Sale Price: $149,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-3685
  • Previous Sale Recording Date: Jun 25, 2018
  • Previous Sale Contract Date: Jun 20, 2018
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICU CU
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $149,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Herkimer



Similar Buildings

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Nearby Rentals

Unit for rent at 54 Ward Street, Little Falls-City, NY, 13365

$950 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
54 Ward Street, Little Falls-City, NY, 13365 Listing by RH Advisors NY

Frequently Asked Questions

What neighborhood is 7487 State Route 5 located in?
The 7487 State Route 5 is a house located in the neighborhood of Manheim in Herkimer, Little Falls.
What is the average sales price for listings in 7487 State Route 5?
The average sales price for units in 7487 State Route 5 is $219,900 , or $131/sqft. currently.

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