NOT LISTED FOR SALE

1003 Overlook Terrace Cazenovia, NY 13035

Estimated Value: $433,000 - $475,000

4 Beds
2.5 Baths
2,794 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $217,000 $78 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,099/month

206 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of January 2015

Lake lovers delight! Surrounded by flower gardens and a blend of evergreen and deciduous trees, 1003 Overlook Terrace has both the convenience of an easy commute to the Village of Cazenovia or Syracuse and the peace and tranquility of living on a private drive with lake rights. With two bedrooms down and two up it offers great flexibility for those who prefer to avoid the stairs. The living room is perfect for entertaining, celebrating the holidays or enjoying a good book. The garage area can be converted back to a two car capacity by eliminating the small studio. Same owner since 1971!

Last Agent to Sell the Property

Thomas Tait

Listing by Oak Tree Real Estate License #10301215203 Listed on: 04/15/2014

Last Buyer's Agent

Theresa Billy

Listing by Arquette & Associates,REALTORS License #10301215253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,353

Year Built

  • Built in 1951

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 131 x 206
  • 58 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Partially Fenced Property
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Formal Dining Room
  • Home Office
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Attic

  • Partial Attic
  • Scuttle Attic Hole
  • Pull Down Stairs to Attic

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Schools

  • Burton Street Elementary School
  • Cazenovia Middle School
  • Cazenovia High School

Utilities

  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 252289-076-013-0001-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,353

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Age: 63
  • NY Swis Code: Cazenovia-252289
  • Total Assessed Value: 237500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 131
  • Lot Dimension Front: 206
  • Lot Information: Beach/Water Access - See Remarks, Private Road
  • Lot Shape: Irregular
  • L P Per Acre: 388135.5900
  • List Price per Sq Ft: 81.9613
  • Nearest Cross Street: West Lake Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 367796.61
  • Ratio Close Price By Sq Ft: 77.67
  • Ratio List Price By Acres: 388135.59
  • Ratio List Price By Sq Ft: 81.96
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 4693
  • Sale Price List Price: 0.9475
  • S P Per Acre: 367796.6100
  • S P Per Sq Ft: 77.6700
  • Styles of Residence: Contemporary
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Value Range Search Low Price: 229000.00
  • Year Built Description: Existing
  • Age of Building: 71
  • Year Built: 1951
  • Directions To Property: From Route 92/Syracuse Road turn onto West Lake Road . In 1.7 miles you will turn right onto Overlook Terrace. At the fork in the road bear right and 1003 Overlook Terrace is the first house on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Sump Pump, Water Softener - Owned, Whirlpool Tub
  • Additional Rooms: 1st Floor Bedroom, Den/Study, Foyer/Entry Hall, Laundry-Basement, Office, Porch - Open, Studio
  • Attic Description: Partial, Pull Down Stairs, Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 2794

Exterior Features

  • Construction: Wood
  • Waterfront Name: Cazenovia Lake
  • Additional Exterior Features: Deck, Dock- see Remarks, Garage Door Opener, Partially Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.5900
  • Waterfront Description: Lake
  • Waterfront Frontage: 58

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fees Description: Annually

Schools

  • School District: Cazenovia
  • Elementary School: Burton Street Elementary
  • Middle School: Cazenovia Middle
  • High School: Cazenovia High

Lot Info

  • Parcel Number: 252289-076-013-0001-025-000-0000

Tax Info

  • Total Taxes: 7353

MLS Schools

  • Elementary School Name: Burton Street Elementary
  • High School Name: Cazenovia High
  • Middle School Name: Cazenovia Middle
  • School District Name: Cazenovia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jan 14, 2015
Sold by
Fradenburg Pau B
Bought by
Caldwell Paul E and Caldwell
Seller's Agent
Thomas Tait
Oak Tree Real Estate
Buyer's Agent
Theresa Billy
Arquette & Associates,REALTORS
List Price
$298,000
Sold Price
$217,000
Premium/Discount to List
-$81,000
-27.18%
Current Estimated Value
$455,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,329
Avg. Annual Appreciation
6.70%
Original Mortgage
$141,000
Interest Rate
3.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caldwell Paul E $217,000 Vaughn Lang
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Paul E $175,000
Closed Caldwell Paul E $143,400
Closed Caldwell Paul E $166,000
Closed Caldwell Paul E $166,000
Closed Caldwell 3Rd Paul E $91,100
Closed Caldwell Paul E $200,000
Closed Caldwell 3Rd Paul E $0
Closed Caldwell 3Rd Paul E $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $217,000 -27.2% $78 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $298,000 -- $107 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,416 $225,000 $39,800 $185,200
2023 $7,272 $225,000 $39,800 $185,200
2022 $6,810 $225,000 $39,800 $185,200
2021 $6,836 $225,000 $39,800 $185,200
2020 $6,208 $225,000 $39,800 $185,200
2019 $5,933 $225,000 $39,800 $185,200
2018 $5,933 $225,000 $39,800 $185,200
2017 $5,898 $225,000 $39,800 $185,200
2016 $2,353 $225,000 $39,800 $185,200
2015 -- $225,000 $39,800 $185,200
2014 -- $295,000 $39,800 $255,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S308560

Central New York Information Services

APN: 252289-076-013-0001-025-000-0000