$89,900
SOLD APR 14, 2020

224 E Terrace Ave Lakewood, NY 14750

3 Beds
2 Baths
983 Sq Ft
4,252 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

1 Day on Market

Highlights

  • Loft
  • Formal Dining Room
  • Porch
  • Cottage
  • 1 Car Detached Garage
  • Patio

About This Home

As of March 2022

Showings to begin 3/10/20 Charming year round home just steps from Chautauqua Lake! Located in the quaint village of Lakewood and just a short stroll from shops, dining, parks and recreation. So cozy and comfortable! First floor consists of living room(w/gas fireplace), dining room, full bath, laundry and galley kitchen. Second story hosts a spacious loft area considered the third bedroom. This space can also be a great family room, den, office etc. The bedrooms have character and aren't your cookie cutter box rooms. Full bath on the second for convenience. Enjoy the outdoors and lake breeze on the rear patio or front porch. Affordability and quality in the Village...a rare combo. More than a home...it's a Lifestyle!

Last Agent to Sell the Property

Jerod Zahn

Listing by ERA Team VP Real Estate License #40ZA0867242 Listed on: 03/09/2020

ERA Team VP Real Estate

Last Buyer's Agent

Tiffany Borst

Listing by PropertyMatch USA, LLC License #10491207244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1945

Lot Details

  • 4,252 Sq Ft Lot
  • Lot Dimensions are 114 x 37

Home Design

  • Cottage
  • Asphalt Roof

Interior Spaces

  • 983 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Loft
  • Crawl Space
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Baseboard Heating
  • Gas Water Heater

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

$3,151

Year Built

Built in 1945

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 84975
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 114
  • Lot Dimension Front: 37
  • Lot Information: Beach/Water Access - See Remarks
  • Lot Number: 44
  • Nearest Cross Street: oakland
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 921106.56
  • Ratio Close Price By Sq Ft: 91.45
  • Ratio List Price By Acres: 921106.56
  • Ratio List Price By Sq Ft: 91.45
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1657
  • Styles of Residence: 2 Story, Cottage
  • 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
  • Directions To Property: summit to e. terrace. home on left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1945

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor, Living Room, Loft, Porch - Open
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 3rd 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: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 983

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Patio
  • Number of Acres: 0.0976

Garage/Parking

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

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • 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: 062201-368-020-0003-044-000

Tax Info

  • Total Taxes: 3151

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $84,975 Dale, Esq. Robbins
Deed $69,900 James Maccallum
Deed $10,000 Randy Rhinehart
Deed $30,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Open $824,000 Stand Alone Refi Refinance Of Original Loan
Closed $30,000 Unknown
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

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1255655

Chautauqua-Cattaraugus Board of REALTORS®

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