NOT LISTED FOR SALE

228 E Terrace Ave Lakewood, NY 14750

Estimated Value: $120,000 - $165,000

2 Beds
1.5 Baths
985 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $114,900 $117 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,033/month

278 Days on Market

Highlights

  • Cottage
  • Forced Air Cooling System
  • Combination Dining and Living Room
  • Porch
  • Tile Flooring

About This Home

As of December 2021

SMALL, CUTE, COZY,TOTALY REDONE!!! If you looking for this in Lovely area of Lakewood not far from Chautauqua Lake this is it. Remodeled from the floor up, drywall, laminate, wall to wall, New full bath up half bath down, furnace and AC, some windows, New foam and plastic under floors ,Vinyl Shaker Siding, eaves, chimney removed shingled roof. soffit and new awning coming for side of covered front porch. Concept driveway. Move in and enjoy life

Last Agent to Sell the Property

Sandra Rater

Listing by Real Estate Advantage License #30RA0473214 Listed on: 11/19/2020

Last Buyer's Agent

Mary Ann Bianco

Listing by ERA Team VP Real Estate License #10401352267

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1930

Lot Details

  • 3,018 Sq Ft Lot
  • Lot Dimensions are 85 x 35

Parking

  • No Garage

Home Design

  • Cottage
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 985 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 062201-368-020-0003-023-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 47000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 85
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 23
  • Nearest Cross Street: Gerald Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1658008.66
  • Ratio Close Price By Sq Ft: 116.65
  • Ratio List Price By Acres: 1658008.66
  • Ratio List Price By Sq Ft: 116.65
  • Regional Board Code: Rochester
  • School Tax: 919
  • 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: 3018
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 985
  • Directions To Property: Terrace Ave by Rod n Gun, House down on left side look for sign
  • Sq Ft Total Pub: 985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Total Sq Ft: 985

Exterior Features

  • Construction: Shake Shingle, Vinyl
  • Number of Acres: 0.0693

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Southwestern

Lot Info

  • Parcel Number: 062201-368-020-0003-023-000

Tax Info

  • Total Taxes: 1746

MLS Schools

  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 21, 2021
Sold by
Smith Robert L and Smith Janice J
Bought by
Palmer Louis P and Castelli Mary M
Seller's Agent
Sandra Rater
Real Estate Advantage
Buyer's Agent
Mary Ann Bianco
ERA Team VP Real Estate
List Price
$134,900
Sold Price
$114,900
Premium/Discount to List
-$20,000
-14.83%
Current Estimated Value
$144,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,824
Avg. Annual Appreciation
6.55%
Original Mortgage
$57,450
Outstanding Balance
$52,967
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,757

Purchase Details

Closed on
May 23, 2005
Sold by
Mulroy Thomas M
Bought by
Young William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 1999
Sold by
Bamburoski Michael J and Bamburoski Bonnie
Bought by
Rosage Jennifer S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palmer Louis P $114,900 None Available
Young William R $45,000 Randy Rhinehart
Rosage Jennifer S $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Louis P $57,450
Previous Owner Young William R $40,000
Previous Owner Young William R $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $114,900 0.0% $117 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $114,900 -2.6% $117 / Sq Ft
03/24/2021 03/24/21 Price Changed $118,000 -5.5% $120 / Sq Ft
12/17/2020 12/17/20 Price Changed $124,900 -7.4% $127 / Sq Ft
11/19/2020 11/19/20 For Sale $134,900 +187.0% $137 / Sq Ft
08/27/2018 08/27/18 Sold $47,000 -9.4% $48 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/09/2018 06/09/18 Price Changed $51,900 -7.2% $53 / Sq Ft
04/10/2018 04/10/18 Price Changed $55,900 -6.7% $57 / Sq Ft
10/14/2017 10/14/17 For Sale $59,900 -- $61 / 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 $2,927 $67,000 $3,700 $63,300
2023 $2,800 $67,000 $3,700 $63,300
2022 $2,276 $67,000 $3,700 $63,300
2021 $1,815 $47,000 $3,700 $43,300
2020 $1,781 $47,000 $3,700 $43,300
2019 $1,780 $47,000 $3,700 $43,300
2018 $1,780 $48,500 $3,700 $44,800
2017 $1,797 $48,500 $3,700 $44,800
2016 $1,783 $48,500 $3,700 $44,800
2015 -- $48,500 $3,700 $44,800
2014 -- $48,500 $3,700 $44,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandra Rater

    Real Estate Advantage

    Section Image
  • Mary Ann Bianco

    Buyer's Agent in 2021

    Mary Ann Bianco

    ERA Team VP Real Estate

    (716) 450-1081

    2 in this area

    17 Total Sales

    Mary Ann Bianco
    Section Image
  • Sarah Hallberg

    Seller's Agent in 2018

    Sarah Hallberg

    Lake Homes Realty

    (716) 499-1387

    3 in this area

    155 Total Sales

    Sarah Hallberg
    Section Image
  • Melissa Uber

    Buyer's Agent in 2018

    Melissa Uber

    Howard Hanna

    (716) 338-8781

    1 in this area

    47 Total Sales

    Melissa Uber
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1308526

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-020-0003-023-000

New York Chautauqua County Lakewood 14750

228 E Terrace Ave, Lakewood, NY

This home is located at 228 E Terrace Ave, Lakewood, NY 14750 since 19 November 2020 and is currently estimated at $144,724, approximately $146 per square foot. This property was built in 1930. 228 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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