NOT LISTED FOR SALE

291 Bear Gulch Rd Summit, NY 12175

Estimated Value: $250,375 - $316,000

3 Beds
1 Bath
1,000 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $175,000 $175 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,783/month

5 Days on Market

Highlights

  • Lake Front
  • River View
  • Wood Burning Stove
  • Waterfront Deck
  • Deck
  • Wood Flooring

About This Home

As of June 2021

Lakefront cottage on gorgeous Bear Gulch Lake. 3 bedrooms, new bathroom with walk-in shower. Open floor plan, spacious living room with gas stove ensuring a cozy stay. Enjoy scenic mountain views sitting on the dock, large deck, or around the fire pit. Lake offers all motor water sports. Walking distance to State land and E-Z access to snowmobile trails. Well maintained home, being offered furnished. Dock, Excellent Condition

Last Agent to Sell the Property

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 05/28/2021

Last Buyer's Agent

Gary Morgan

Exit Realty Homeward Bound

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1936

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • Landscaped

Property Views

  • River
  • Lake

Home Design

  • Cottage
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,000 Sq Ft Home
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Waterfront Deck
  • Deck
  • Shed

Utilities

  • Heating Available
  • Drilled Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / 3
  • Assessor Parcel Number 434800 100.4-3-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1936
  • Directions: From Cobleskill, Rte 7 West to Rte 10 South, to Charlotte Valley Road in Summit, to Right on Bear Gulch Road, property on left.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Cottage
  • Financial Details General Taxes: 1352.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1616.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.16
  • Lot Size: 0.16 Acres
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: At Closing
  • Full Bathroom Level: First
  • Sale Detail Seller Contribution: No
  • Water Body Name: Bear Gulch Lake
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood: Yes
  • View:Lake2: Yes
  • Architectural Style:Cottage: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet
  • Basement: Crawl Space
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1000.0
  • Bedroom Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes
  • Kitchen Features:Eat-in Kitchen: Yes
  • Kitchen Features:Country Kitchen: Yes
  • Attic Features:Hatch: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • View: River, Lake
  • Waterfront Features: Waterfront Deck, Lake Front
  • Waterfront: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Landscaped: Yes
  • View:River: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Waterfront Deck: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Wood Stove
  • Water Source: See Remarks, Drilled Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Views, Other, Landscaped, Waterfront
  • Parcel #: 434800 100.4-3-15
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Block: 3
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 16, 2021
Sold by
Lambiaso Michael
Bought by
Nedd Rodney A
Seller's Agent
Matthew Loder
Country Boy Realty
Buyer's Agent
Gary Morgan
Exit Realty Homeward Bound
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$277,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,844
Avg. Annual Appreciation
10.74%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Sep 29, 2017
Sold by
Rothschild Robert
Bought by
Lambiaso Michael
Seller's Agent
Matthew Loder
Country Boy Realty
Buyer's Agent
Matthew Loder
Country Boy Realty
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$65,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Cetrone Allan J
Bought by
Rothschild Robert R Barbara M

Purchase Details

Closed on
Aug 27, 2004
Sold by
Gerbase Dino
Bought by
Cetrone Allan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nedd Rodney A $175,000 None Available
Lambiaso Michael $137,500 Michael Breen
Rothschild Robert R Barbara M $147,000 None
Cetrone Allan $108,000 Michael Breen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambiaso Michael $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $175,000 +0.1% $175 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $174,900 +27.2% $175 / Sq Ft
10/25/2017 10/25/17 Sold $137,500 -8.3% $115 / Sq Ft View Prior Sale
08/06/2017 08/06/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $149,900 -- $125 / Sq Ft
Source: Global MLS

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 $3,940 $59,400 $7,700 $51,700
2023 $3,856 $59,400 $7,700 $51,700
2022 -- $59,400 $7,700 $51,700
2021 $2,713 $47,200 $7,700 $39,500
2020 $2,976 $47,200 $7,700 $39,500
2019 $2,987 $47,200 $7,700 $39,500
2018 $2,987 $47,200 $7,700 $39,500
2017 $2,788 $47,200 $7,700 $39,500
2016 $2,749 $47,200 $7,700 $39,500
2015 -- $47,200 $7,700 $39,500
2014 -- $47,200 $7,700 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202119597

Global MLS

APN: 434800-100-004-0003-015-000-0000