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55 Academy Street

55 Academy Street, Cambridge, NY 12816
Property in Cambridge
Sold Jan 09, 2013
$102,500
Buyer
Seller
$99,523 by Homestead Funding Corp
Mortgage Due Jan 01, 2043
Sold Apr 06, 2009
$37,500
55 Academy Street has been categorized by the local assessors in Cambridge, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 3 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, 55 Academy Street has 1,016 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 1,620 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 8,748 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 detached garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. 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 wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Finally, the property is currently sourcing its water from a municipal 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 Dec 31, 2012 for $102,500. That's $100.89 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 2009 for $37,500. 55 Academy Street was last assessed in 2023. The total value of the property was assessed at $146,800. Specifically, the land the property is located on was valued at $17,100. While improvements on the property were assessed at a total of $129,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,592. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1920
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,748
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,016
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RES

Ownership

  • Current Owner : HUNT SHANNON
  • Previous Owner : CURTIS TODD
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Cambridge Central School District
  • School Tax School District: CAMBRIDGE
  • Census Tract: 093000

Zoning

  • Zoning: VR

Geography

  • Account Number: 821A100150
  • District: 532201
  • Section: 263.07
  • Parcel: 532201 263.7-2-26
  • Block: 2
  • Lot: 26.000
  • Municipality: CAMBRIDGE
  • Latitude: 43.0233
  • Longitude: -73.3892

    Address

  • Full Address: 55 Academy St
  • Address - House Number: 55
  • Address - Street Name: Academy
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cambridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1001
  • Zip Code: 12816

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,592
  • Tax Rate Code Area: 535010

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 50
  • Final Value: 177,996
  • High Value: 238,433
  • Low Value: 117,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,523
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 09, 2013
  • First Open Lien Mortgage Loan Amount: $99,523
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2043

    Market Valuation

  • Market Total Value: $146,800
  • Market Land Value: $17,100
  • Market Improvement Value: $129,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,800
  • Assessed Land Value: $17,100
  • Assessed Improvements Value: $129,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2012
  • Current Sale Recording Date: Jan 09, 2013
  • Current Sale Transaction ID: 1067609327
  • Current Sale Price: $102,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 06, 2009
  • Previous Sale Contract Date: Apr 01, 2009
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTEAD FUNDING CORP
  • First Mortgage Transaction Date: Jan 09, 2013
  • First Mortgage Loan Amount: $99,523
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2043

About Cambridge



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Frequently Asked Questions

What neighborhood is 55 Academy Street located in?
The 55 Academy Street is a located in the neighborhood of Cambridge in Cambridge, Cambridge.
What is the average sales price for listings in 55 Academy Street?
The average sales price for units in 55 Academy Street is $0 currently.

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