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8 Meditation Way

8 Meditation Way, Saratoga Springs, NY 12866
Property in Wilton
Sold Jun 02, 2015
$238,200
$214,380 by Homestead Funding Corp
Mortgage Due Jan 01, 2045
Sold Sep 09, 1997
$113,500
8 Meditation Way has been categorized by the local assessors in Saratoga Springs, NY as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as 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, 8 Meditation Way has 1,869 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,038 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 336 sqft. According to our sources, there is one available parking space. 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 alum/vinyl siding. 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. The property was last sold in May 28, 2015 for $238,200. That's $127.45 per sqft. Prior to that sales transaction, the property was also sold in Sep 9, 1997 for $113,500. 8 Meditation Way was last assessed in 2023. The total value of the property was assessed at $236,000. Specifically, the land the property is located on was valued at $57,100. While improvements on the property were assessed at a total of $178,900. 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 $4,072. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,869
  • Building Area: 1,869
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,869
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GARRETT ROBERT
  • Current Owner 2: GARRETT
  • Previous Owner : PARRISH MICHAEL
  • Owner Before Previous Owner: POWER CLAYTON J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Saratoga Springs City School District
  • School Tax School District: SARATOGA SPRING
  • Census Tract: 060706

Zoning

  • Zoning: R-1

Geography

  • Account Number: 5 J01680
  • District: 415600
  • Section: 140.11
  • Parcel: 415600 140.11-1-43
  • Block: 1
  • Lot: 43.000
  • Municipality: WILTON
  • Latitude: 43.1281
  • Longitude: -73.7538

    Address

  • Full Address: 8 Meditation Way
  • Address - House Number: 8
  • Address - Street Name: Meditation
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Saratoga Springs
  • Carrier Code: R012
  • 4-Digit Zip Code: 5733
  • Zip Code: 12866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,072
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 412,270
  • High Value: 487,376
  • Low Value: 337,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,380
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jun 02, 2015
  • First Open Lien Mortgage Loan Amount: $214,380
  • 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: Jan 01, 2045

    Market Valuation

  • Market Total Value: $327,800
  • Market Land Value: $79,311
  • Market Improvement Value: $248,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,000
  • Assessed Land Value: $57,100
  • Assessed Improvements Value: $178,900

    Sales

  • Current Sale Contract Date: May 28, 2015
  • Current Sale Recording Date: Jun 02, 2015
  • Current Sale Transaction ID: 1224149770
  • Current Sale Price: $238,200
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 09, 1997
  • Previous Sale Contract Date: Sep 09, 1997
  • Previous Sale Amount: $113,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jun 02, 2015
  • First Mortgage Loan Amount: $214,380
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2045

About Saratoga



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Frequently Asked Questions

What neighborhood is 8 Meditation Way located in?
The 8 Meditation Way is a located in the neighborhood of Wilton in Saratoga, Saratoga Springs.
What is the average sales price for listings in 8 Meditation Way?
The average sales price for units in 8 Meditation Way is $0 currently.

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