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$90,000   Price Analysis
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37895 State Highway 28
Margaretville, NY 12455
4 bed 1 bath 1,364 SqFt ($65/SqFt)
0.93 acre lot. Built 1887
Listed 2023-11-21, Taxes $1,542
USDA Eligible
near Margaretville, NY
 

Standing for more than a century

This 1889 majestical house is in need of substantial modification. If you have a passion for historical preservation and are willing to put in the effort, this property could become a unique and charming home once again. Historically, the front of the home was a family-run convenient store for local residents. The land in which the home inhabits is flat and beautifully surrounded by rolling hill views. In addition, there is small spring fed pond which could easily be enlarged. The plumbing system was working in 2022, when the home was still occupied. It has been winterized ever since. The inside of the home was cleared out by the present owner.

The home is in need of major cleaning and repair. The electric is 200 amp service. The septic was installd in 2012, DEP engineered and pumped in 2019 (info obtained from the DEP). The age of the oil tank and water heater are unknown. There are 2 heater unit grates in the home, one on the first floor and one on the second. The wooden floors which are visible are in good shape and could be refurbished. There are areas covered by many layers of linoleum and carpet, but believed to be wood also. The yard consists of a chicken coupe and a small shed, which need cleanout and could possibly be replenished. The land requires removing equipment, RVs and other random clutter. The property is located between Margaretville and Andes and is 2.5 hours from NYC. Surrounding areas have some of the best hiking, kayaking, skiing and arts this region has to offer. The property is being sold as-is and is priced accordingly. Cash preferred.


Presented by SUSAN LENNON at
Coldwell Banker Timberland Properties.
Listing Agent Photo

Property MLS #20233388 from UlsterCounty

Bedrooms: 4

Total Rooms: 12
Basement Features: Dirt Floor, Full, Unfinished

Total Bathrooms: 1
Full Bathrooms: 1

High Speed Internet
Flooring: Carpet, Concrete, Hardwood, Linoleum, Varies
Window Features: Insulated Windows

Water Heater
Refrigerator
Range
Microwave
Electric Water Heater
Dryer

Heating Features: Forced Air
Heating: Yes

Pond

Level
Pond On Lot
Lot Size Acres: 0.93
Lot Size Dimensions: 40511 SF
Lot Size Square Feet: 40511

Fencing: Fenced, Partial
Other Structures: Poultry Coop, Shed(s)
Patio And Porch Features: Enclosed, Glass Enclosed, Patio
Road Surface Type: Dirt
Porch Description: Enclosed, Glass Enclosed, Patio

Parking Features: Circular Driveway, Driveway

View: Mountain(s)
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

School District: Margaretville Central Schools

Margaretville Central School is a public elementary, middle and high school located approximately 2.3 miles away.
directions icon Map directions

Annual Tax Amount: 1541
Source Listing Status: Active
County: Delaware
Directions: Take Exit 19 off the NY State Thruway. Travel West on NY-28 for 47.5 miles and the house will be on the right.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: Residential
Area: Delaware
MLS Area Minor: Delaware
Source Neighborhood: Delaware
Zoning: R-5
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$57,500 + $21,300
$78,800
$1,542
2022$57,500 + $21,300
$78,800
$1,494
2021$57,500 + $21,300
$78,800
$1,496
2020$57,500 + $21,300
$78,800
$1,245
2017$57,500 + $21,300
$78,800
$1,252
2016$57,500 + $21,300
$78,800
$1,244
2015$57,500 + $21,300
$78,800
$1,483
2014$57,500 + $21,300
$78,800
$1,426
2014$57,500 + $21,300
$78,800
$1,468
2013$57,500 + $21,300
$78,800
$1,386
2012$57,500 + $21,300
$78,800
$1,110
2011$38,100 + $11,500
$49,600
$1,231
2010$38,100 + $11,500
$49,600
$1,351
2009$38,100 + $11,500
$49,600
$1,248

Price Changed 2024-04-25
$90,000
UlsterCounty
Listed 2023-11-21
$125,000
UlsterCounty
Sold 2023-01-18
$75,000
Public Record
Sold 2022-11-16
$75,000
NYStateAlliance
Listed 2022-08-01
$75,000
OtsegoDelaware

Total Square Feet Living: 1364
Year Built: 1887
Building Area Total: 1364
Building Exterior Type: Clapboard, Frame, Wood Siding
Other Buildings: Poultry Coop, Shed(s)
Construction Materials: Clapboard, Frame, Wood Siding
Property Age: 137
Roof: Asphalt, Metal, Shingle
Architectural Style: Colonial

Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.