NOT LISTED FOR SALE

273 E Terrace Ave Lakewood, NY 14750

Estimated Value: $175,000 - $312,933

2 Beds
1 Bath
1,026 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $249,000 $243 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,640/month

47 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Porch
  • Kitchen Island
  • Open Floorplan
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of December 2022

Lake Front ! Pristine lake house offers open floor plan with nice size kitchen and island. Lake colors and decor throughout with plenty of windows offers great views of the lake. Covered front deck great for relaxing on lazy summer days. Includes smart home features including nest thermostat and camera system. High end boat dock with platform, a shore station power motored boat lift with cover and ample parking spaces. This lake house comes furnished and ready to enjoy. Close to Restaurants, shopping and more.

Last Agent to Sell the Property

Rick and Julia McMahon

Listing by Real Estate Advantage License #30MC0941555 Listed on: 08/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1993

Lot Details

  • 4,300 Sq Ft Lot
  • Lot Dimensions are 172 x 25
  • 25 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Squires Park Community
  • Squires Park Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 062201-368-020-0004-042-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1993

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 57000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 172
  • Lot Dimension Front: 25
  • Lot Information: Beach/Water Access - See Remarks, Deeded Water Rights, Neighborhood Street
  • Lot Number: 42
  • Nearest Cross Street: terrace
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 2522796.35
  • Ratio Close Price By Sq Ft: 242.69
  • Ratio List Price By Acres: 2522796.35
  • Ratio List Price By Sq Ft: 242.69
  • Regional Board Code: Rochester
  • School Tax: 1178
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 4300
  • Age of Building: 29
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1026
  • Directions To Property: Terrace ave
  • Sq Ft Total Pub: 1026
  • Subdivision Comm Complex: Squires Park
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Open
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dryer, Oven/Range Freestanding, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Island, Kitchen/Family Room Combo, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1026

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Chautauqua Lake
  • Number of Acres: 0.0987
  • Waterfront Description: Lake
  • Waterfront Frontage: 25

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Southwestern

Lot Info

  • Parcel Number: 062201-368-020-0004-042-000

Tax Info

  • Total Taxes: 2197

MLS Schools

  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2022
Closed on
Dec 4, 2022
Sold by
Palermo Joshua J
Bought by
Bushman Peter Michael and Bushman Lisa
Seller's Agent
Rick and Julia McMahon
Real Estate Advantage
Buyer's Agent
Rick and Julia McMahon
Real Estate Advantage
List Price
$319,000
Sold Price
$249,000
Premium/Discount to List
-$70,000
-21.94%
Current Estimated Value
$264,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,233
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Ryan Margaret Est
Bought by
Palermo Joshua J
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
Bushman Peter Michael $249,000 --
Palermo Joshua J $122,500 W Maxwell Coykendall
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $249,000 0.0% $243 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $249,000 -10.8% $243 / Sq Ft
09/20/2022 09/20/22 Price Changed $279,000 -6.7% $272 / Sq Ft
08/27/2022 08/27/22 Price Changed $299,000 -6.3% $291 / Sq Ft
08/26/2022 08/26/22 Price Changed $319,000 0.0% $311 / Sq Ft
08/26/2022 08/26/22 Price Changed $319,001 0.0% $311 / Sq Ft
08/14/2022 08/14/22 For Sale $319,000 -- $311 / 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 $2,408 $57,000 $30,000 $27,000
2023 $2,382 $57,000 $30,000 $27,000
2022 $2,241 $57,000 $30,000 $27,000
2021 $2,202 $57,000 $30,000 $27,000
2020 $2,160 $57,000 $30,000 $27,000
2019 $2,092 $57,000 $30,000 $27,000
2018 $2,092 $57,000 $30,000 $27,000
2017 $2,112 $57,000 $30,000 $27,000
2016 $2,096 $57,000 $30,000 $27,000
2015 -- $57,000 $30,000 $27,000
2014 -- $57,000 $30,000 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1427519

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-020-0004-042-000