NOT LISTED FOR SALE

2927 Merritt Hill Rd Penn Yan, NY 14527

Estimated Value: $375,000 - $631,000

3 Beds
2 Baths
2,112 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $410,000 $194 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,835/month

97 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • 2 Fireplaces
  • Wood Flooring
  • Farmhouse Style Home
  • Quartz Countertops

About This Home

As of August 2024

This 4 acres offers everything you want and more! The historic home is meticulously maintained and offers plenty of indoor space, including three bedrooms on the second floor, a primary bedroom on the main level, and a huge pantry. There are multiple outdoor spaces to enjoy the spectacular view of Keuka Lake, including decks, Pergola covered Patio, New above ground pool and deck, and fantastic fire pit area - all on a mowed lawn surrounded by vineyards. The historic trolley stop offers a shop or hobby space just steps away from the main house, and the 25 x 35 Pole barn has plenty of space for your toys or tools. The property includes beautiful perennial gardens, and multiple fruit trees, an enclosed garden plot, as well as an Invisible fence on more than half the property for the family pets. See attached list for additional items for sale.

Last Agent to Sell the Property

Jan Corning

Listing by Howard Hanna Lake Group Brokerage Phone: 914-260-4704 License #10301223415 Listed on: 05/03/2024

Howard Hanna Lake Group

Last Buyer's Agent

Jan Corning

Listing by Howard Hanna Lake Group Brokerage Phone: 914-260-4704 License #10301223415 Listed on: 05/03/2024

Howard Hanna Lake Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,389

Year Built

  • Built in 1920

Lot Details

  • 4.19 Acre Lot
  • Lot Dimensions are 360x745
  • Lake Front
  • Rural Setting

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Den
  • Wood Flooring
  • Property Views

Kitchen

  • Country Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Porch

Farming

  • Agricultural

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Merritt Hill Road Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 572689-072-002-0001-033-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,389

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 914-260-4704
  • Lot Features: Agricultural, Rural Lot
  • Water Body Name: Keuka Lake
  • Subdivision Name: Merritt Hill Road
  • Directions: Take 54A from Penn Yan. Turn right onto Merritt Hill road. Property is approximately 0.4 miles on your left.
  • Architectural Style: Farmhouse
  • Flooring: Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Den, Country Kitchen, Quartz Counters, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Full, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 4.19
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 572689-072-002-0001-033-000-0000
  • Lot Dimensions: 360X745
  • Lot Size Sq Ft: 174270.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3389.0
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 6, 2024
Sold by
Wiegand William P and Wiegand Christine C
Bought by
Race Chelsea M and Race Derek J
Seller's Agent
Jan Corning
Howard Hanna Lake Group
Buyer's Agent
Jan Corning
Howard Hanna Lake Group
List Price
$434,900
Sold Price
$410,000
Premium/Discount to List
-$24,900
-5.73%
Views
122
Current Estimated Value
$458,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,486
Avg. Annual Appreciation
11.35%
Original Mortgage
$328,000
Outstanding Balance
$324,925
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$133,561

Purchase Details

Listed on
Jan 6, 2013
Closed on
Jul 30, 2013
Sold by
Anderson Katherine H
Bought by
Wiegand William P and Wiegand Christine C
Seller's Agent
Bonnie Curbeau
Curbeau Realty Inc.
Buyer's Agent
Stan Olevnik
Howard Hanna Lake Group
List Price
$159,000
Sold Price
$169,000
Premium/Discount to List
$10,000
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$135,200
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Yonts William F
Bought by
Anderson Katherine H
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
Race Chelsea M $410,000 None Available
Race Chelsea M $410,000 None Available
Wiegand William P $169,000 None Available
Wiegand William P $169,000 None Available
Anderson Katherine H $156,000 Valerie Gardner
Anderson Katherine H $156,000 Valerie Gardner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Race Chelsea M $328,000
Closed Race Chelsea M $328,000
Previous Owner Wiegand William P $135,200
Previous Owner Yonts William F $14,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $410,000 -3.5% $194 / Sq Ft
05/21/2024 05/21/24 Price Changed $424,900 -2.3% $201 / Sq Ft
05/03/2024 05/03/24 For Sale $434,900 +157.3% $206 / Sq Ft
08/02/2013 08/02/13 Sold $169,000 +6.3% $93 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $159,000 -- $87 / 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 $4,047 $256,300 $89,500 $166,800
2023 $36 $205,100 $66,900 $138,200
2022 $3,482 $199,500 $66,900 $132,600
2021 $3,558 $199,500 $66,900 $132,600
2020 $3,564 $196,000 $51,300 $144,700
2019 $1,673 $196,000 $51,300 $144,700
2018 $3,623 $202,000 $51,300 $150,700
2017 $3,418 $166,200 $47,000 $119,200
2016 $3,269 $166,200 $47,000 $119,200
2015 -- $166,200 $47,000 $119,200
Source: Public Records

Agents Affiliated with this Home

  • Jan Corning

    Seller's Agent in 2024

    Jan Corning

    Howard Hanna

    (914) 260-4704

    110 Total Sales

    Jan Corning
    Section Image
  • Bonnie Curbeau

    Seller's Agent in 2013

    Bonnie Curbeau

    Curbeau Realty Inc.

    (315) 277-0236

    115 Total Sales

    Bonnie Curbeau
    Section Image

  • S

    Buyer's Agent in 2013

    Stan Olevnik

    Howard Hanna

    Section Image
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Map

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

MLS Number: R1535078

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572689-072-002-0001-033-000-0000

New York Yates County Penn Yan 14527

2927 Merritt Hill Rd, Penn Yan, NY

This home is located at 2927 Merritt Hill Rd, Penn Yan, NY 14527 since 03 May 2024 and is currently estimated at $458,486, approximately $217 per square foot. This property was built in 1920. 2927 Merritt Hill Rd is a home located in Yates County with nearby schools including Penn Yan Elementary School, Penn Yan Middle School, and Penn Yan Academy.

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