NOT LISTED FOR SALE

119 Lake Edge Ln Summit, NY 12175

Estimated Value: $214,000 - $355,000

2 Beds
1 Bath
720 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $82,000 $114 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,682/month

394 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Cul-De-Sac
  • Deck
  • Cottage
  • Eat-In Kitchen

About This Home

As of October 2014

2 bedroom home in very good condition. Fronts beautiful Bear Gulch Lake. All water sports, fishing and boating. A rare find and reasonably priced at $110,000. Good Condition

Last Agent to Sell the Property

Alton Makely

Country Boy Realty License #31MA0297647 Listed on: 07/07/2014

Last Buyer's Agent

Alton Makely

Country Boy Realty License #31MA0297647 Listed on: 07/07/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Rubber Roof
  • Wood Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 720 Sq Ft Home
  • Paddle Fans
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / 1
  • Assessor Parcel Number 434800 100.4-1-13

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,464

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Directions: Route 7 W to Route 10 S to Summit. Right on Charlotte Valley Road, right on Bear Gulch Road. Left on Pine Crest Lane, slight left onto Lake Edge Lane.
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Cottage
  • Financial Details General Taxes: 1573.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1891.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.16
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Water Body Name: Bear Gulch Lake
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Cottage: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Interior Amenities: Paddle Fan, Eat-in Kitchen
  • Appliances: Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 720.0
  • Interior Features:Paddle Fan: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Rubber, Asphalt
  • Construction Type: Vinyl Siding, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Waterfront: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: None
  • Heating: Forced Air, Propane
  • Laundry Features: None
  • Water Source: See Remarks
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Other, Cul-De-Sac
  • Parcel #: 434800 100.4-1-13
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3464.0
  • Tax Block: 1
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Oct 2, 2014
Sold by
Kelsch John W
Bought by
Benot Patrick and Benot
Seller's Agent
Alton Makely
Country Boy Realty
Buyer's Agent
Alton Makely
Country Boy Realty
List Price
$110,000
Sold Price
$82,000
Premium/Discount to List
-$28,000
-25.45%
Current Estimated Value
$253,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,131
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Kelsch John
Bought by
Kelsch John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Benot Patrick $82,000 Marvin, Jr Parshall
Kelsch John -- Kurt P. Widmaier
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2014 10/28/14 Sold $82,000 -25.5% $114 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
08/26/2013 08/26/13 For Sale $110,000 -- $153 / Sq Ft
Source: Global MLS

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 $4,305 $64,900 $8,000 $56,900
2023 $4,213 $64,900 $8,000 $56,900
2022 $4,094 $64,900 $8,000 $56,900
2021 $3,748 $60,500 $8,000 $52,500
2020 $3,814 $60,500 $8,000 $52,500
2019 $3,828 $60,500 $8,000 $52,500
2018 $3,828 $60,500 $8,000 $52,500
2017 $3,574 $60,500 $8,000 $52,500
2016 $3,524 $60,500 $8,000 $52,500
2015 -- $60,500 $8,000 $52,500
2014 -- $60,500 $8,000 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201327375

Global MLS

APN: 434800-100-004-0001-013-000-0000