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8427 Old Lake Road

8427 Old Lake Road, Lodi, NY 14860
Property in Lodi
Refi Jan 05, 2022
Transfer
$85,000 by Rocket Mortgage
Mortgage Due Feb 01, 2037
8427 Old Lake Road in Lodi, NY was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8427 Old Lake Road has 1,956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 16,553 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 1,192 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,211 in taxes each year. 8427 Old Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,000. If we break it down further, the land itself was valued at $47,500. Improvements to the property, however, were assessed at a total of $128,500. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,192
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Seneca Central School District
  • School Tax School District: SOUTH SENECA
  • Census Tract: 950900

Zoning

  • Zoning: 01

Geography

  • District: 452689
  • Section: 5.00
  • Parcel: 452689 05-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: LODI (TOV)
  • Latitude: 42.6159
  • Longitude: -76.8763

    Address

  • Full Address: 8427 Old Lake Rd
  • Address - House Number: 8427
  • Address - Street Name: Old Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lodi
  • Carrier Code: R901
  • 4-Digit Zip Code: 9621
  • Zip Code: 14860

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $6,211
  • Tax Rate Code Area: 452801

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 50
  • Final Value: 523,047
  • High Value: 699,388
  • Low Value: 346,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Market Valuation

  • Market Total Value: $359,184
  • Market Land Value: $96,939
  • Market Improvement Value: $262,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,000
  • Assessed Land Value: $47,500
  • Assessed Improvements Value: $128,500

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

About Seneca



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Frequently Asked Questions

What neighborhood is 8427 Old Lake Road located in?
The 8427 Old Lake Road is a located in the neighborhood of Lodi in Seneca, Lodi.
What is the average sales price for listings in 8427 Old Lake Road?
The average sales price for units in 8427 Old Lake Road is $0 currently.

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