NOT LISTED FOR SALE

150 Somerset Lake Rd Hancock, NY 13783

Estimated Value: $110,000 - $248,000

5 Beds
2 Baths
1,300 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $70,000 $54 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,014/month

35 Days on Market

Highlights

  • Lake Privileges
  • Wood Burning Stove
  • Farmhouse Style Home
  • Community Lake
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of February 2020

Lovingly maintained historic farmhouse/cottage on a large 1/2 acre lot at Somerset Lake. Full lake access rights for boating, fishing, and swimming. Ideal three-season property for a family looking for the beautiful charm of the Catskills; could also be winterized for year around use. The home comes with 2 full bathrooms with claw foot tubs, five bedrooms, a wood burning stove, full country kitchen and modern refrigerator and electric stove. Recent updates include a replaced septic system, replacement plumbing in the upstairs bathroom, new toilets, and upgraded telephony equipment to provide whole house wifi and cable TV.With just a bit of love and some updated furnishings, this home could be transformed into your get away retreat for either lake recreation or nearby flyfishing, s, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2

Last Agent to Sell the Property

James Serio

James Serio Real Estate License #SBR000853 Listed on: 12/30/2019

James Serio Real Estate

Last Buyer's Agent

James Serio

James Serio Real Estate License #SBR000853 Listed on: 12/30/2019

James Serio Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Wood Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Personal Watercraft
  • Powered Boats Permitted
  • Lake Privileges
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 449.-2-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,720

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From Hancock: Route 97 South. Left onto Somerset Lake Road. Property on the right, look for sign.
  • Lot Size Acres: 0.5
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1900
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Road
  • Road Surface Type: Other
  • Water Body Name: None
  • ResoSecurityFeatures: Other
  • Architectural Style: Farmhouse
  • Reso Flooring: Hardwood
  • Garage Yn: No
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 1070.40
  • LakeWaterwayInformation: Personal Watercraft,Lake Rights,Powerboat(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Refrigerator, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement: Crawl Space
  • Basement YN: No
  • Fireplace Features: Free Standing, Wood Burning

Exterior Features

  • Roof: Asphalt, Wood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Screened, Porch, Patio, Enclosed

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Electric, Wood Stove, Hot Water
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Parcel #: 449.-2-15
  • Zoning Description: Residential

Tax Info

  • Tax Book Number: 968/33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Feb 17, 2020
Sold by
Bouchoux Graham E
Bought by
Groskoph John G and Groskoph Depetris
Seller's Agent
James Serio
James Serio Real Estate
Buyer's Agent
James Serio
James Serio Real Estate
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$164,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,926
Avg. Annual Appreciation
17.11%

Purchase Details

Closed on
Oct 26, 2017
Sold by
Bouchoux Graham E and Bouchoux Julie G
Bought by
Bouchoux Graham E

Purchase Details

Closed on
Sep 21, 2001
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
Groskoph John G $70,000 None Available
Bouchoux Graham E -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $70,000 0.0% $54 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $70,000 -- $54 / Sq Ft
Source: Pike/Wayne Association 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 $1,720 $11,000 $2,000 $9,000
2023 $2,452 $11,000 $2,000 $9,000
2022 $2,354 $11,000 $2,000 $9,000
2021 $2,331 $11,000 $2,000 $9,000
2020 $2,310 $11,000 $2,000 $9,000
2019 $2,310 $11,000 $2,000 $9,000
2018 $2,310 $11,000 $2,000 $9,000
2017 $2,244 $11,000 $2,000 $9,000
2016 $1,093 $11,000 $2,000 $9,000
2015 -- $11,000 $2,000 $9,000
2014 -- $11,000 $2,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB2051

Pike/Wayne Association of REALTORS®

APN: 123689-449-000-0002-015-000