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824 Franklin Mountain Road

824 Franklin Mountain Road, Otego, NY 13825
Property in Otego
Sold Apr 26, 2016
$140,000
$135,800 by Usny Bank
Mortgage Due Jan 01, 2046
Sold Sep 08, 1999
$115,000
Local assessors in Otego, NY have categorized 824 Franklin Mountain Road as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 63,162 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 824 Franklin Mountain Road has a total of 2,256 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 824 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 7, 2016 for $140,000. That's $62.06 per sqft. Prior to that sales transaction, the property was also sold in Sep 3, 1999 for $115,000. 824 Franklin Mountain Road was last assessed in 2023. The total value of the property was assessed at $176,900. Specifically, the land the property is located on was valued at $20,900. While improvements on the property were assessed at a total of $156,000. 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 $0. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1968
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 824
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 2,256
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 999 0 0

Ownership

  • Current Owner : REISS VICKI J
  • Previous Owner : OF THE REUTER IRREVO JOHANNA ORLOWSKI T
  • Owner Before Previous Owner: AVERY VIRGINIA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591401

Geography

  • Account Number: 013920
  • District: 364889
  • Section: 326.00
  • Parcel: 364889 326.00-1-12.00
  • Block: 1
  • Lot: 12.000
  • Municipality: OTEGO (TOV)
  • Latitude: 42.3879
  • Longitude: -75.1597

    Address

  • Full Address: 824 Franklin Mountain Rd
  • Address - House Number: 824
  • Address - Street Name: Franklin Mountain
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Otego
  • Carrier Code: R051
  • 4-Digit Zip Code: 3113
  • Zip Code: 13825

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364801

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 151,087
  • High Value: 170,180
  • Low Value: 131,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,800
  • First Open Lien Mortgage Lender: USNY BANK
  • First Open Lien Mortgage Recording Date: Apr 26, 2016
  • First Open Lien Mortgage Loan Amount: $135,800
  • 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, 2046

    Market Valuation

  • Market Total Value: $190,215
  • Market Land Value: $22,473
  • Market Improvement Value: $167,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,900
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Contract Date: Apr 07, 2016
  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Transaction ID: 1614080575
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 08, 1999
  • Previous Sale Contract Date: Sep 03, 1999
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USNY BANK
  • First Mortgage Transaction Date: Apr 26, 2016
  • First Mortgage Loan Amount: $135,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2046

About Otsego



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 824 Franklin Mountain Road located in?
The 824 Franklin Mountain Road is a located in the neighborhood of Otego in Otsego, Otego.
What is the average sales price for listings in 824 Franklin Mountain Road?
The average sales price for units in 824 Franklin Mountain Road is $0 currently.

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