NOT LISTED FOR SALE

2870 Coates Rd Penn Yan, NY 14527

Estimated Value: $602,000 - $751,000

3 Beds
2 Baths
2,300 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2021

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

Est. 37% increase in value since last sale

Current estimated payment $4,410 / mo

220 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Cathedral Ceiling
  • Recreation Room
  • Radiant Floor
  • Separate Formal Living Room

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 282x462
  • Rural Setting
  • Corner Lot
  • Rectangular Lot
  • Wooded Lot
  • Private Yard
  • Historic Home

Home Design

  • Stone Foundation
  • Poured Concrete
  • Frame Construction
  • Copper Plumbing
  • Stone

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

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

Farming

  • Agricultural

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • 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

3.4 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1870
  • ResoLaundryFeatures: Upper Level
  • Lot Features: Agricultural, Corner Lot, Rectangular, Rectangular Lot, Rural Lot, Views, Wooded
  • Directions: 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.
  • Architectural Style: Historic/Antique
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Home Office, Kitchen Island, Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Range Hood, Washer, Water Purifier
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 1

Exterior Features

  • Acres: 3.4
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Stone, Copper Plumbing
  • Exterior Features: Deck, Gravel Driveway, Patio, Private Yard, See Remarks, Propane Tank - Leased
  • Foundation Details: Poured, Stone
  • Patio And Porch Features: Deck, Open, Patio, Porch

Garage/Parking

  • Parking Features: No Garage, Driveway, Other

Utilities

  • Cooling: Zoned, Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Zoned, Forced Air, Radiant Floor
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Penn Yan
  • Ninth Grade High School: Penn Yan Academy
  • Middle Or Junior School: Penn Yan Middle

Lot Info

  • Parcel Number: 572689-072-041-0001-006-000-0000
  • Lot Dimensions: 282X462
  • Lot Size Sq Ft: 148104.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3840.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Penn Yan Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Aug 13, 2021
Sold by
Bought by
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
$683,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,624
Avg. Annual Appreciation
6.63%
Original Mortgage
$400,000
Outstanding Balance
$357,564
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$326,060

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Available
$500,000 None Available
$180,000 Mark Venuti
$180,000 Mark Venuti
$180,000 None Available
$180,000 None Available
$180,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,869 $629,900 $47,000 $582,900
2024 $8,677 $620,900 $47,000 $573,900
2023 $82 $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

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