NOT LISTED FOR SALE

224 E Terrace Ave Lakewood, NY 14750

Estimated Value: $169,000 - $218,000

3 Beds
2 Baths
983 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $154,500 $157 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,331/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Attached Garage
  • Baseboard Heating
  • Loft
  • Ceramic Tile Flooring
  • Rectangular Lot

About This Home

As of March 2022

Welcome to this charming Village of Lakewood 3 bed 2 bath home that is just steps to CHQ Lake!! This home features a double lot, vinyl windows, and an attached garage. Cozy up to the gas fireplace in the winter and enjoy cocktails outside on your back patio in the Summer. The first floor features a full bath and convenient laundry area. Upstairs has a huge loft/bedroom area, 2 bedrooms, and another full bath. The CHQ Lake access is through Village right-of way at end of street which is perfect for kayaks. Love where you live!!

Last Agent to Sell the Property

Tiffany Borst

Listing by PropertyMatch USA, LLC License #10491207244 Listed on: 11/14/2021

Last Buyer's Agent

Rachel Willow

Listing by Howard Hanna Holt - Mayville License #10401298021

Howard Hanna Holt - Mayville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1945

Lot Details

  • 4,252 Sq Ft Lot
  • Lot Dimensions are 153 x 92
  • Rectangular Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 983 Sq Ft Home
  • 1.7-Story Property
  • Gas Fireplace
  • Loft
  • Crawl Space
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Holland Land Company's Su Community
  • Holland Land Company's Su Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 062201-368-020-0003-044-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,359

Year Built

Built in 1945

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 91575
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 153
  • Lot Dimension Front: 92
  • Lot Information: Beach/Water Access - See Remarks
  • Lot Number: 44
  • Lot Shape: Rectangular
  • Nearest Cross Street: Teddy Ave.
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1582991.80
  • Ratio Close Price By Sq Ft: 157.17
  • Ratio List Price By Acres: 1629098.36
  • Ratio List Price By Sq Ft: 161.75
  • Regional Board Code: Rochester
  • School Tax: 1893
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 4252
  • Age of Building: 77
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 983
  • Directions To Property: Corner of E. Terrace and Teddy Ave.
  • Sq Ft Total Pub: 983
  • Subdivision Comm Complex: Holland Land Company's Su
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1945

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Loft
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 983

Exterior Features

  • Construction: Aluminum/Steel
  • Waterfront Name: Chautauqua Lake
  • Number of Acres: 0.0976

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

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

Lot Info

  • Parcel Number: 062201-368-020-0003-044-000

Tax Info

  • Total Taxes: 4359

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

Closed on
Dec 16, 2012
Sold by
Ohagan Martin
Bought by
Cavalaro Cassandra
Current Estimated Value
$187,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Outstanding Balance
$577,507
Interest Rate
3.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$397,174

Purchase Details

Closed on
Oct 12, 2007
Sold by
Nelson Michael G
Bought by
Ohagan Martin Iv Mary T

Purchase Details

Closed on
Jul 25, 2003
Sold by
Bank One National Assoc
Bought by
Nelson Michael

Purchase Details

Closed on
Jan 31, 2003

Purchase Details

Closed on
Sep 7, 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
Cavalaro Cassandra $84,975 Dale, Esq. Robbins
Ohagan Martin Iv Mary T $69,900 James Maccallum
Nelson Michael $10,000 Randy Rhinehart
-- $30,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maynard Jason $112,500
Open Cavalero Cassandra $824,000
Closed Cavalero Cassandra $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $154,500 -2.8% $157 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $159,000 +76.9% $162 / Sq Ft
04/14/2020 04/14/20 Sold $89,900 0.0% $91 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $89,900 -- $91 / 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 $3,695 $84,975 $4,500 $80,475
2023 $3,551 $84,975 $4,500 $80,475
2022 $3,341 $84,975 $4,500 $80,475
2021 $3,282 $84,975 $4,500 $80,475
2020 $3,609 $84,975 $4,500 $80,475
2019 $3,508 $84,975 $4,500 $80,475
2018 $3,508 $84,975 $4,500 $80,475
2017 $3,537 $84,975 $4,500 $80,475
2016 $3,514 $84,975 $4,500 $80,475
2015 -- $84,975 $4,500 $80,475
2014 -- $84,975 $4,500 $80,475
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Borst

    Seller's Agent in 2022

    Tiffany Borst

    PropertyMatch USA, LLC

    (716) 397-8565

    18 in this area

    153 Total Sales

    Tiffany Borst
    Section Image
  • Rachel Willow

    Buyer's Agent in 2022

    Rachel Willow

    Howard Hanna Holt - Mayville

    (678) 938-2552

    3 in this area

    133 Total Sales

    Rachel Willow
    Section Image
  • Jerod Zahn

    Seller's Agent in 2020

    Jerod Zahn

    ERA Team VP Real Estate

    (716) 499-8238

    17 in this area

    288 Total Sales

    Jerod Zahn
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1378194

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-020-0003-044-000

New York Chautauqua County Lakewood 14750

224 E Terrace Ave, Lakewood, NY

This home is located at 224 E Terrace Ave, Lakewood, NY 14750 since 14 November 2021 and is currently estimated at $187,667, approximately $190 per square foot. This property was built in 1945. 224 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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