NOT LISTED FOR SALE

173 Summit Lake Rd Summit, NY 12175

Estimated Value: $255,000 - $341,000

4 Beds
1 Bath
1,389 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $225,000 $162 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,008/month

143 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Cottage
  • Cathedral Ceiling
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of November 2022

LAKEFRONT 4 bedroom 2 story cottage set on approximately 120' of lake frontage on beautiful Summit Lake in Upstate New York. Much beloved one owner camp filled with memories dating back to 1949 when it was originally built. Carefully situated on a large .69 acre parcel with land on both sides of Summit Lake Road, the cottage has all of its original features. A 10' x 30' enclosed sun porch overlooks the lake. That will be your favorite room for reading, watching lake activity, and perfect for afternoon naps. Large wood burning fireplace for those cool fall evenings. Watch a YouTube video of this beautiful property at: Take a 3D tour of the interior at:

Last Agent to Sell the Property

Scot Wentworth

United Country Real Estate Upstate New York Living License #10371201906 Listed on: 09/14/2022

Last Buyer's Agent

Scot Wentworth

United Country Real Estate Upstate New York Living License #10371201906 Listed on: 09/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 1949

Lot Details

  • 0.69 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Camp Architecture
  • Wood Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Dug Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 39.000 / 2
  • Assessor Parcel Number 434800 112.1-2-39

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,563

Year Built

Built in 1949

Lot Details

0.69 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Directions: Route 10 in Summit to Summit Lake Road.
  • Above Grade Finished Sq Ft: 1389.0
  • Architectural Style: Camp, Cottage
  • Financial Details General Taxes: 1775.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2063.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.69
  • Lot Size: 30056
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Full Bathroom Level: First
  • Sale Detail Seller Contribution: No
  • Water Body Name: Summit Lake
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style:Camp: Yes
  • Architectural Style:Cottage: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood, Carpet
  • Basement: Exterior Entry, Full, Interior Entry, Walk-Out Access
  • Interior Amenities: High Speed Internet, Cathedral Ceiling(s), Eat-in Kitchen
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 1389.0
  • Bedroom Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Sunroom Level: First
  • Fireplace: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Vinyl Siding, Wood Siding
  • Patio And Porch Features: Enclosed, Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Lot Features:Views: Yes
  • Lot Features:Other45: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Oil
  • Security: Smoke Detector(s)
  • Water Source: Dug Well
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: 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: Level, Road Frontage, Views, Cleared, Waterfront
  • Parcel #: 434800 112.1-2-39
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3563.45
  • Tax Block: 2
  • Tax Lot: 39.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 30, 2022
Sold by
Swantz Sally Jones
Bought by
Mahoney Daniel Joseph
Seller's Agent
Scot Wentworth
United Country Real Estate Upstate New York Living
Buyer's Agent
Scot Wentworth
United Country Real Estate Upstate New York Living
List Price
$349,900
Sold Price
$225,000
Premium/Discount to List
-$124,900
-35.7%
Views
26
Current Estimated Value
$294,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,222
Avg. Annual Appreciation
8.52%
Original Mortgage
$191,250
Outstanding Balance
$184,890
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$109,332
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
Mahoney Daniel Joseph $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahoney Daniel Joseph $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $225,000 -9.6% $162 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $249,000 -16.7% $179 / Sq Ft
09/14/2022 09/14/22 Price Changed $299,000 -14.5% $215 / Sq Ft
09/14/2022 09/14/22 For Sale $349,900 0.0% $252 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $349,900 -12.5% $252 / Sq Ft
05/27/2022 05/27/22 For Sale $399,900 -- $288 / Sq Ft
Source: Global MLS

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 $5,931 $89,400 $16,600 $72,800
2023 $5,803 $89,400 $16,600 $72,800
2022 $5,028 $89,400 $16,600 $72,800
2021 $3,841 $62,000 $16,600 $45,400
2020 $3,909 $62,000 $16,600 $45,400
2019 $3,923 $62,000 $16,600 $45,400
2018 $3,923 $62,000 $16,600 $45,400
2017 $3,662 $62,000 $16,600 $45,400
2016 $3,611 $62,000 $16,600 $45,400
2015 -- $62,000 $16,600 $45,400
2014 -- $62,000 $16,600 $45,400
Source: Public Records

Agents Affiliated with this Home

  • Scot Wentworth

    Seller's Agent in 2022

    Scot Wentworth

    United Country Real Estate Upstate New York Living

    (518) 231-0509

    4 in this area

    103 Total Sales

    Scot Wentworth
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Map

Source: Global MLS

MLS Number: 202218760

Global MLS

APN: 434800-112-001-0002-039-000-0000

New York Schoharie County Summit 12149

173 Summit Lake Rd, Summit, NY

Not Listed for Sale

Detached

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