NOT LISTED FOR SALE

2870 Coates Rd Penn Yan, NY 14527

Estimated Value: $549,000 - $740,000

3 Beds
2 Baths
2,300 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $500,000 $217 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,407/month

220 Days on Market

Highlights

  • Barn
  • Deck
  • Cathedral Ceiling
  • Heated Floors
  • Wooded Lot
  • Corner Lot

About This Home

As of August 2021

This Gorgeous 1870’s stone farmhouse w/view of Keuka Lake, is rated as a 5-Star Vrbo vacation rental.The house was recently renovated & modernized wHile maintaining its historic feel.Features in this well-appointed home include: 3-bedrooms; 2 baths; eat-in kitchen; formal dining; living room; family room; office; & partially finished walk-out basement-potential for a wine cellar/additional living space.A large early 1900’s barn with potential for additional outdoor entertaining space, workshop or other uses completes the farmhouse property. Surrounded by professionally landscaped gardens, multiple porches, a petanque court (similar to Italian bocce), and beautiful neighboring vineyards, make your time spent here filled with restful contentment. However, access to modern essentials such as high-speed internet is available. This historic gem is within walking distance to one of the many wineries and breweries on the Keuka Lake WineTrail.Minutes to: Keuka College, antique shopping, eateries, hiking, biking, swimming, fishing, & boating opportunities. 24-48 hours notice for showings.(Assessed Value raised/Taxes will be adjusted.)(Sq Footage change due to addition to house)

Last Agent to Sell the Property

Luanne Palme

Listing by Four Seasons Sotheby's Int'l License #40PA0991899 Listed on: 09/14/2020

Four Seasons Sotheby's Int'l

Last Buyer's Agent

Stan Olevnik

Listing by Howard Hanna Lake Group License #10401214287

Howard Hanna Lake Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1870

Lot Details

  • 3.4 Acre Lot
  • Lot Dimensions are 462 x 282
  • Poultry Coop
  • Corner Lot
  • Rectangular Lot
  • Wooded Lot
  • Private Yard
  • Historic Home

Home Design

  • Stone Foundation
  • Stone Frame
  • Metal Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,300 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Heated Floors
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Penn Yan Elementary School
  • Penn Yan Middle School
  • Penn Yan Academy High School

Farming

  • Barn

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Whole House Permanent Generator
  • Well
  • Propane Water Heater
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 572689-072-041-0001-006-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Chicken Coop, Shed/Storage
  • NY Swis Code: Jerusalem-572689
  • Total Assessed Value: 405000
  • Foundation Description: Poured, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 462
  • Lot Dimension Front: 282
  • Lot Information: Agricultural District, Corner Lot, Rural Road, Slope View, Water View, Wooded Lot
  • Lot Number: 6
  • Lot Shape: Rectangular
  • Nearest Cross Street: 2870
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 147058.82
  • Ratio Close Price By Sq Ft: 217.39
  • Ratio List Price By Acres: 176176.47
  • Ratio List Price By Sq Ft: 260.43
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 2088
  • Styles of Residence: Historic
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 148104
  • Age of Building: 152
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 2068
  • Directions To Property: From Penn Yan or Branchport take 54A to Williams Hill Road. Up the hill and take a Right onto Coates Road. Property on the left corner.
  • Sq Ft Total Pub: 2068
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Security System - Owned, Water Purification System
  • Additional Rooms: Basement / Rec Room, Family Room, Laundry-2nd Floor, Living Room, Office, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout, Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Granite Counter, Island
  • Number of Bedrooms 2nd Floor: 3
  • 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: 2300

Exterior Features

  • Construction: Stone and Frame
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Patio, Private Yard - see Remarks, Propane Tank - Leased, Thermal Windows - Some
  • Number of Acres: 3.4000

Garage/Parking

  • Driveway Description: Parking Area, Stone/Gravel, Turnaround
  • Garage Description: No Garage

Utilities

  • Emergency Backup Systems: Panel Connection for Generator, Generator - Permanent
  • Heating Fuel Description: Propane
  • Hvac Type: AC-Central, Forced Air, Heated Floors, Multi-Zone
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Penn Yan
  • Elementary School: Penn Yan Elementary
  • Middle School: Penn Yan Middle
  • High School: Penn Yan Academy

Lot Info

  • Parcel Number: 572689-072-041-0001-006-000-0000

Tax Info

  • Total Taxes: 3840

MLS Schools

  • Elementary School Name: Penn Yan Elementary
  • High School Name: Penn Yan Academy
  • Middle School Name: Penn Yan Middle
  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Aug 13, 2021
Sold by
Stonehouse 1870 Llc
Bought by
Gaston John Edward and Gaston Ellen Kimberley
Seller's Agent
Luanne Palme
Four Seasons Sotheby's Int'l
Buyer's Agent
Stan Olevnik
Howard Hanna Lake Group
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
$658,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,740
Avg. Annual Appreciation
6.99%
Original Mortgage
$400,000
Outstanding Balance
$367,129
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$288,136

Purchase Details

Closed on
Dec 27, 2012
Sold by
Balyszak James M
Bought by
Stonehouse 1870 Llc

Purchase Details

Closed on
Nov 30, 2012
Sold by
Balyszak James M and Balyszak Marion E
Bought by
Stonehouse 1870 Llc
Source: Public Records

Range of Values:

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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
Gaston John Edward $500,000 None Available
Stonehouse 1870 Llc $180,000 Mark Venuti
Stonehouse 1870 Llc $180,000 Mark Venuti
Stonehouse 1870 Llc $180,000 None Available
Stonehouse 1870 Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaston John Edward $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $500,000 -16.5% $217 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
09/14/2020 09/14/20 For Sale $599,000 -- $260 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $9,805 $620,900 $47,000 $573,900
2023 $8,222 $420,000 $35,500 $384,500
2022 $7,069 $405,000 $35,500 $369,500
2021 $7,223 $405,000 $35,500 $369,500
2020 $3,841 $195,000 $40,000 $155,000
2019 $3,786 $195,000 $40,000 $155,000
2018 $3,786 $195,000 $40,000 $155,000
2017 $3,465 $153,800 $29,100 $124,700
2016 $3,321 $153,800 $29,100 $124,700
2015 -- $153,800 $29,100 $124,700
2014 -- $153,800 $29,100 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1293785

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572689-072-041-0001-006-000-0000