NOT LISTED FOR SALE

2997 Merritt Hill Rd Penn Yan, NY 14527

Estimated Value: $526,000 - $683,000

2 Beds
2 Baths
1,814 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $340,000 $187 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,881/month

3 Days on Market

Highlights

  • Barn
  • Second Kitchen
  • Deck
  • Horses Allowed On Property
  • 12 Acre Lot
  • Wood Burning Stove

About This Home

As of September 2016

12 acres with a view, close to town and Keuka Lake State Park. Kitchen and roof are 6 years old. Trex decking, reverse osmosis water system, walkout basement with second kitchen and bath, new bathroom, central air, no electric bill, your own propane tank, power awning, newer 3 season addition, 150x200 fenced in area, large 2 bay garage with shop, security system. There's a lot to see, please take a look.

Last Agent to Sell the Property

Ed Culver

Listing by Finger Lakes Realty License #40CU1114791 Listed on: 06/28/2016

Last Buyer's Agent

Ed Culver

Listing by Finger Lakes Realty License #40CU1114791 Listed on: 06/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1988

Lot Details

  • 12 Acre Lot
  • Partially Fenced Property
  • Wooded Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,814 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Sliding Doors
  • Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Workshop
  • Heated Sun or Florida Room
  • Security System Owned

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Satellite Dish
  • TV Antenna

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 572689-072-002-0001-030-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,591

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • Age: 28
  • NY Swis Code: Jerusalem-572689
  • Total Assessed Value: 316100
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Agricultural District, Horses Permitted, Recreational, Rural Road, Water View, Wooded Lot
  • L P Per Acre: 32416.6667
  • List Price per Sq Ft: 214.4432
  • Nearest Cross Street: Coates Rd.
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 28333.33
  • Ratio Close Price By Sq Ft: 187.43
  • Ratio List Price By Acres: 32416.67
  • Ratio List Price By Sq Ft: 214.44
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 3409
  • Sale Price List Price: 0.8740
  • S P Per Acre: 28333.3333
  • S P Per Sq Ft: 187.4300
  • Styles of Residence: Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 389000.00
  • Year Built Description: Existing
  • Age of Building: 34
  • Year Built: 1988
  • Directions To Property: From Penn Yan take 54 A South, right on Merritt Hill Road. House is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Security System - Owned, Skylight, Sliding Glass Door, Sump Pump, Water Softener - Owned, Whirlpool Tub
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Den/Study, Florida/Sun Room- Heated, Foyer/Entry Hall, Laundry-Basement, Living Room, Loft, Porch - Open, Workshop
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: 2nd Kitchen, Country Kitchen, Formal Dining Room, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1814

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, High Speed Internet, Partially Fenced Yard, Propane Tank - Owned, Satellite Dish, Thermal Windows - Some, TV Antenna
  • Number of Acres: 12.0000

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Propane, Wood
  • Hvac Type: AC-Central, Wood Auxiliary Unit
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 572689-072-002-0001-030-000-0000

Tax Info

  • Total Taxes: 6591

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 30, 2016
Sold by
Schaeffer George A and Schaeffer Carolyn M
Bought by
Dawkins Timothy A and Dawkins Lindsey
Seller's Agent
Ed Culver
Finger Lakes Realty
Buyer's Agent
Ed Culver
Finger Lakes Realty
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$601,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,061
Avg. Annual Appreciation
7.88%
Original Mortgage
$255,000
Outstanding Balance
$206,551
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$465,458

Purchase Details

Closed on
Nov 13, 2000
Sold by
Caracci Vincent P
Bought by
Schaeffer Goerge A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dawkins Timothy A $340,000 None Available
Schaeffer Goerge A $205,000 Bernetta Bourcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawkins Timothy A $255,000
Previous Owner Schaeffer George A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $340,000 -12.6% $187 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $389,000 -- $214 / 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 $7,277 $460,800 $71,800 $389,000
2023 $6,675 $384,400 $55,300 $329,100
2022 $6,709 $384,400 $55,300 $329,100
2021 $6,855 $384,400 $55,300 $329,100
2020 $6,736 $342,000 $70,000 $272,000
2019 $6,640 $342,000 $70,000 $272,000
2018 $6,640 $342,000 $70,000 $272,000
2017 $7,121 $316,100 $79,000 $237,100
2016 $6,506 $316,100 $79,000 $237,100
2015 -- $316,100 $79,000 $237,100
2014 -- $316,100 $79,000 $237,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ed Culver

    Finger Lakes Realty

See All Agents

Map

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

MLS Number: R310854

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572689-072-002-0001-030-000-0000

New York Yates County Penn Yan 14527

2997 Merritt Hill Rd, Penn Yan, NY

This home is located at 2997 Merritt Hill Rd, Penn Yan, NY 14527 since 28 June 2016 and is currently estimated at $601,061, approximately $331 per square foot. This property was built in 1988. 2997 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upstate New York Real Estate Information Services (UNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes