NOT LISTED FOR SALE

159 E Terrace Ave Lakewood, NY 14750

Estimated Value: $290,662 - $367,000

4 Beds
1.5 Baths
2,000 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $215,000 $108 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,365/month

39 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Screened Porch
  • Forced Air Cooling System
  • Property is near a lake
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of August 2019

Well maintained 4 bedroom 1.5 bath in the Village of Lakewood with Deeded Lake Rights!! This home is just steps to the Lake and is perfect for entertaining. There is plenty of room for your friends and family to stay for the weekend in the bunk room. Sit on your screened in porch and watch the sunrise or cozy up next to your fire pit at night. Enjoy CHQ Lake living at its finest. Call for your private showing today!!

Last Agent to Sell the Property

Tiffany Borst

Listing by PropertyMatch USA, LLC License #10491207244 Listed on: 05/07/2019

Last Buyer's Agent

Rick and Julia McMahon

Listing by Real Estate Advantage License #30MC0941555

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 50 x 50
  • 20 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Property is near a lake

Schools

  • Southwestern Elementary School
  • Southwestern Middle School
  • Southwestern Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 062201-368-020-0002-058-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,162

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 165000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 50
  • Lot Dimension Front: 50
  • Lot Information: Deeded Water Rights
  • Lot Number: 58
  • Nearest Cross Street: Glenwood
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 3745644.60
  • Ratio Close Price By Sq Ft: 107.50
  • Ratio List Price By Acres: 3989547.04
  • Ratio List Price By Sq Ft: 114.50
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 3278
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 2500
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: On the corner of E. Terrace and Glenwood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor, Porch - Enclosed, Porch - Screened
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Island
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 2000

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Chautauqua Lake
  • Number of Acres: 0.0574
  • Waterfront Description: Lake
  • Waterfront Frontage: 20

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Southwestern
  • Elementary School: Southwestern Elementary
  • Middle School: Southwestern Middle
  • High School: Southwestern Senior High

Lot Info

  • Parcel Number: 062201-368-020-0002-058-000

Tax Info

  • Total Taxes: 6162

MLS Schools

  • Elementary School Name: Southwestern Elementary
  • High School Name: Southwestern Senior High
  • Middle School Name: Southwestern Middle
  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 23, 2019
Sold by
J George W Property Mgmt
Bought by
Grasak Sherri
Seller's Agent
Tiffany Borst
PropertyMatch USA, LLC
Buyer's Agent
Rick and Julia McMahon
Real Estate Advantage
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$337,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,916
Avg. Annual Appreciation
7.10%
Original Mortgage
$193,500
Outstanding Balance
$170,180
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$156,236

Purchase Details

Closed on
Aug 30, 2006
Sold by
Fox James W
Bought by
J George W Property Mgt L Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2003
Sold by
Charles Christopher J
Bought by
Fox James W

Purchase Details

Closed on
Oct 22, 1998
Sold by
Nelson Michael G
Bought by
Charles Christopher J

Purchase Details

Closed on
Apr 19, 1996
Sold by
Stenander Ann M
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
Grasak Sherri $215,000 --
J George W Property Mgt L Lc $156,000 Bruce S Scolton
Fox James W $60,000 Edward Christie
Charles Christopher J $43,500 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasak Sherri $193,500
Previous Owner J George W Props Mgmt Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $215,000 -6.1% $108 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $229,000 -- $115 / 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 $6,969 $165,000 $4,100 $160,900
2023 $6,895 $165,000 $4,100 $160,900
2022 $6,487 $165,000 $4,100 $160,900
2021 $6,373 $165,000 $4,100 $160,900
2020 $6,252 $165,000 $4,100 $160,900
2019 $6,055 $165,000 $4,100 $160,900
2018 $6,055 $165,000 $4,100 $160,900
2017 $6,210 $165,000 $4,100 $160,900
2016 $6,066 $165,000 $4,100 $160,900
2015 -- $165,000 $4,100 $160,900
2014 -- $165,000 $4,100 $160,900
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Borst

    Seller's Agent in 2019

    Tiffany Borst

    PropertyMatch USA, LLC

    (716) 397-8565

    19 in this area

    154 Total Sales

    Tiffany Borst
    Section Image
  • Rick and Julia McMahon

    Buyer's Agent in 2019

    Rick and Julia McMahon

    Real Estate Advantage

    (716) 665-8972

    27 in this area

    325 Total Sales

    Rick and Julia McMahon
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1191393

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-020-0002-058-000

New York Chautauqua County Lakewood 14750

159 E Terrace Ave, Lakewood, NY

This home is located at 159 E Terrace Ave, Lakewood, NY 14750 since 07 May 2019 and is currently estimated at $337,916, approximately $168 per square foot. This property was built in 1930. 159 E Terrace Ave is a home located in Chautauqua County with nearby schools including Southwestern Elementary School, Southwestern Middle School, and Southwestern Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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