NOT LISTED FOR SALE

120 W Summit Rd Burlington Flats, NY 13315

Estimated Value: $208,000 - $217,172

3 Beds
1.5 Baths
1,192 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $157,000 $132 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,300/month

75 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Combination Kitchen and Living
  • Porch
  • Wood Flooring
  • Cottage
  • Ceiling Fan

About This Home

As of May 2023

BEAUTIFUL WATERFRONT COTTAGE ON SUMMIT LAKE! This 3 bedroom 1.5 bath home has Magnificent Hardwood Floors throughout, Enjoy the solitude of the private lake from your covered porch that is perfect for dining or entertaining. If you like fishing, kayaking or swimming this property is waiting for you!

Last Agent to Sell the Property

Susan Carpenter

Listing by CARE Brokerage License #10401369910 Listed on: 12/01/2022

Last Buyer's Agent

Susan Carpenter

Listing by CARE Brokerage License #10401369910 Listed on: 12/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1952

Lot Details

  • 0.31 Acre Lot
  • 50 Feet of Waterfront

Home Design

  • Cottage
  • Frame Construction
  • Metal Roof
  • Pier And Beam

Interior Spaces

  • 1,192 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Living
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 63.17-1-2.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1952

Lot Details

0

Listing Details

  • NY Swis Code: Edmeston-362800
  • Total Assessed Value: 38700
  • Construction: Frame
  • Foundation Description: Pier and Beam
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Seasonal Road
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 506451.61
  • Ratio Close Price By Sq Ft: 131.71
  • Ratio List Price By Acres: 603225.81
  • Ratio List Price By Sq Ft: 156.88
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 830
  • Styles of Residence: Cottage
  • Sub Board Code: Otsego-Delaware
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 13504
  • Age of Building: 71
  • Year Built: 1952
  • Directions To Property: From Cooperstown, NY-80 W towards Edmeston, turn left on NY-51 N 2.5 miles turn left on Washburn Rd 1.7 miles turn onto W. Summit Rd
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Porch - Open
  • Floor Description: Hardwood-Some, Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1192

Exterior Features

  • Construction: Wood
  • Waterfront Name: Summit Lake
  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 0.3100
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric
  • Water Supply: Well

Schools

  • School District: Edmeston

Lot Info

  • Parcel Number: 63.17-1-2.00

Tax Info

  • Total Taxes: 1455

MLS Schools

  • School District Name: Edmeston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
May 3, 2023
Sold by
Gibson Brett D
Bought by
Eleven Mill Llc
Seller's Agent
Susan Carpenter
CARE Brokerage
Buyer's Agent
Susan Carpenter
CARE Brokerage
List Price
$187,000
Sold Price
$157,000
Premium/Discount to List
-$30,000
-16.04%
Views
89
Current Estimated Value
$212,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,293
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Gawel Frank P
Bought by
Gibson Brett D

Purchase Details

Closed on
May 3, 2000
Source: Public Records

Range of Values:

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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
Eleven Mill Llc $157,000 None Available
Gibson Brett D $147,500 Robert Larkin
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $157,000 -16.0% $132 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $187,000 -- $157 / Sq Ft
Source: Otsego-Delaware 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 $2,144 $157,000 $25,000 $132,000
2023 $1,672 $38,700 $11,300 $27,400
2022 $1,515 $38,700 $11,300 $27,400
2021 $1,541 $38,700 $11,300 $27,400
2020 $1,493 $38,700 $11,300 $27,400
2019 $1,474 $38,700 $11,300 $27,400
2018 $1,474 $38,700 $11,300 $27,400
2017 $1,444 $38,700 $11,300 $27,400
2016 $1,429 $38,700 $11,300 $27,400
2015 -- $38,700 $11,300 $27,400
2014 -- $38,700 $11,300 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD137108

Otsego-Delaware Board of REALTORS®

APN: 362800-063-017-0001-002-000-0000