NOT LISTED FOR SALE

12 N Lake Dr Chautauqua, NY 14722

Estimated Value: $1,915,647

32 Beds
27 Baths
8,929 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $1,200,000 $134 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,815/month

240 Days on Market

Highlights

  • Lake Front
  • Main Floor Primary Bedroom
  • 5-minute walk to Palestine Park at Chautauqua Institution
  • Wood Flooring
  • Combination Kitchen and Living

About This Home

As of January 2018

A true Chautauqua classic, The Gleason has a commanding presence with beautiful porches and charming original architectural details. With a central, yet private lakefront location, you have direct access to the lake with sweeping waterfront views. The dock is just steps away, so you are free to enjoy many waterfront activities! Currently designated as a Historic Inn and rooming house, the property is quite unique for not only its size, but also its amazing location on the Lake just north of the Miller Bell Tower. The ground level has been converted to the owner's apartment and is winterized for year round use with four bedrooms and two baths. The open living area takes full advantage of the views with large picture windows and sliding glass doors that lead to a delightful brick patio. The upper four floors are currently adapted for seasonal use with the first, second, and third floors having both guest rooms, and efficiency apartments. The main floor opens to the parlor complete with

Last Agent to Sell the Property

Ruth Nelson

Listing by ERA Team VP Real Estate License #40NE1147920 Listed on: 01/25/2017

ERA Team VP Real Estate

Last Buyer's Agent

Ruth Nelson

Listing by ERA Team VP Real Estate License #40NE1147920 Listed on: 01/25/2017

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,220

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 70 x 72
  • Lake Front

Parking

  • No Garage

Home Design

  • Block Foundation

Interior Spaces

  • 8,929 Sq Ft Home
  • 4-Story Property
  • Combination Kitchen and Living
  • Wood Flooring
  • Water Views
  • Laundry in Basement
  • Dishwasher

Bedrooms and Bathrooms

  • 32 Bedrooms
  • Primary Bedroom on Main
  • 27 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Chautauqua Institution Community
  • Chautauqua Institution Subdivision

Listing and Financial Details

  • Assessor Parcel Number 280.80-1-25

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,220

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Chautauqua-062889
  • Total Assessed Value: 419400
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 70
  • Lot Dimension Front: 72
  • Lot Information: Water View
  • Nearest Cross Street: Morris
  • Number of Stories: 4.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 134.39
  • Ratio List Price By Sq Ft: 195.99
  • Regional Board Code: Rochester
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Main Gate turn right, left on Miller, down to Simpson. Turn left down to corner of Whitfield and N. Lake Dr. The Gleason is on the right.
  • Subdivision Comm Complex: Chautauqua Institution
  • WaterRelatedFeatures: Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 27
  • Additional Rooms: 1st Floor Primary Bedroom, Laundry-Basement
  • Attic Description: Crawl Space
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 9
  • Number of Bedrooms 2nd Floor: 10
  • Number of Bedrooms 3rd Floor: 8
  • Number of Bedrooms 4th Floor: 2
  • Number of Bedrooms Basement: 3
  • Number of 1st Floor Full Bathrooms: 9
  • Number of 2nd Floor Full Bathrooms: 10
  • Number of 3rd Floor Full Bathrooms: 4
  • Number of 4th Floor Full Bathrooms: 2
  • Number of Full Bathrooms in the Basement: 2
  • Number of Rooms: 28
  • Total Bathrooms: 27.00
  • Total Bedrooms: 32
  • Total Sq Ft: 8929

Exterior Features

  • Construction: Wood
  • Waterfront Name: Chautauqua Lake
  • Waterfront Description: Lake

Garage/Parking

  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Chautauqua Lake

Lot Info

  • Parcel Number: 280.80-1-25

Tax Info

  • Total Taxes: 7220

MLS Schools

  • School District Name: Chautauqua Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2017
Sold by
Gleason Hotel Llc
Bought by
Fleischer Properties Llc
Current Estimated Value
$1,915,647

Purchase Details

Closed on
May 12, 2014
Sold by
King Patricia L
Bought by
The Gleason Hotel Llc
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
Fleischer Properties Llc $1,200,000 --
The Gleason Hotel Llc -- Gregory Peterson
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $1,200,000 -31.4% $134 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $1,750,000 -- $196 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,925 $453,000 $301,900 $151,100
2023 $8,558 $453,000 $301,900 $151,100
2022 $8,127 $425,000 $301,900 $123,100
2021 $8,210 $425,000 $301,900 $123,100
2020 $8,823 $419,400 $217,650 $201,750
2019 $8,663 $419,400 $217,650 $201,750
2018 $8,663 $419,400 $217,650 $201,750
2017 $7,944 $419,400 $217,650 $201,750
2016 $7,882 $419,400 $217,650 $201,750
2015 -- $419,400 $217,650 $201,750
2014 -- $419,400 $217,700 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1042066

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062889-280-080-0001-025-000