NOT LISTED FOR SALE

1731 Log Cabin Rd Penn Yan, NY 14527

Estimated Value: $271,000 - $457,000

2 Beds
1 Bath
732 Sq Ft
$515/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $158,500 $217 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,498/month

139 Days on Market

Highlights

  • Docks
  • Deck
  • Cathedral Ceiling
  • Waterfront
  • Ranch Style House
  • 1 Fireplace

About This Home

As of November 2017

So you want on Seneca Lake, but just haven't been able to find your spot? This property offers a waterfront location with permanent dock. So many improvements, but none quite finished. If you have some elbow grease and finishing skills, this is what you have been waiting for! New Pex plumbing, electric, hickory counters, windows, grinder pump, and so much more! Partially completed tram could be your hi-tech solution to the steps! You've got to see this, but at this price it will not be here long! Sold "as is". Serious inquiries only! Pre-qualified showings. No access without agent.

Last Agent to Sell the Property

Stan Olevnik

Listing by Howard Hanna Lake Group Penn Yan License #10401214287 Listed on: 06/12/2017

Howard Hanna Lake Group Penn Yan

Last Buyer's Agent

Non Member

Listing by Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1935

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 284x50
  • Waterfront

Parking

  • Carport

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 732 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Deck

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • The river is a source of water for the property
  • The lake is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 573689-064-060-1-4-0-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1935
  • Water Body Name: Seneca (West)
  • Subdivision Name: NONE
  • Directions: State Route 14 to Long Point Beach Road. Turn right on Log Cabin Road. Follow to 1731.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Flooring: Laminate, Varies
  • Interior Features: Cathedral Ceiling(s), Bedroom on Main Level
  • Year Built Details: Existing
  • Master Plan Zoning: SFR
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Oven, Refrigerator
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.33
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Dock, See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Lake, River

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 573689-064-060-1-4-0-0
  • Lot Dimensions: 284X50
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2602.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Nov 7, 2017
Sold by
Higgins William J
Bought by
Schmitt Brian J and Schmitt Kimberly A
Seller's Agent
Stan Olevnik
Howard Hanna Lake Group Penn Yan
Buyer's Agent
Non Member
Non-Member
List Price
$149,900
Sold Price
$158,500
Premium/Discount to List
$8,600
5.74%
Current Estimated Value
$379,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,788
Avg. Annual Appreciation
10.25%
Original Mortgage
$126,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Dolan Wm E
Bought by
Higgins Wm J

Purchase Details

Closed on
Nov 30, 2000
Sold by
Dolan William E
Bought by
Trust Dolan
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
Schmitt Brian J $158,000 None Available
Higgins Wm J $89,000 Paul Rubery
Trust Dolan -- Jeffrey Blankstein
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmitt Brian J $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $158,500 +5.7% $217 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $149,900 -- $205 / Sq Ft
Source: Elmira-Corning Regional 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 $5,174 $293,100 $126,000 $167,100
2023 $3,858 $158,000 $88,200 $69,800
2022 $3,164 $158,000 $88,200 $69,800
2021 $3,158 $158,000 $88,200 $69,800
2020 $3,137 $158,000 $88,200 $69,800
2019 $2,683 $158,000 $88,200 $69,800
2018 $2,683 $123,400 $74,100 $49,300
2017 $4,099 $123,400 $74,100 $49,300
2016 $4,052 $123,400 $74,100 $49,300
2015 -- $123,400 $74,100 $49,300
2014 -- $103,700 $75,200 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC248030

APN: 573689-064-060-0001-004-000-0000