NOT LISTED FOR SALE

302 Rt 54 East Lake Rd Penn Yan, NY 14527

Estimated Value: $1,193,000 - $3,096,353

6 Beds
4 Baths
2,712 Sq Ft
$881/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $2,690,000 $992 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $15,466/month

43 Days on Market

Highlights

  • 174 Feet of Waterfront
  • Deck
  • Cathedral Ceiling
  • Built-In Refrigerator
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2023

This is your chance to own a beautiful sprawling lake home boasting 174' of private beach enhanced with a large beach deck on Keuka Lake! Properties like this rarely become available. Very spacious, open concept includes a two-story vaulted living area, beautiful lake frontage and breathtaking views from the multi-level windows. Enjoy the two majestic woodburning stone fireplaces encompassing two levels inside. Perfect for relaxing on those chilly nights. Entertainment space both inside and out. Large deck off the living and bedroom areas, in addition to the lower level covered stone patio allows you to fully enjoy the spectacular views and lake living to the fullest. Six large bedrooms and 4 full baths. So much room to spread out. Home designed to fully take advantage of water views, beautiful sunsets and natural light. Main floor master bedroom with bath. Large entryway/mud room with spacious first floor laundry. Attached two-car garage. New whole-house generator. New hot water heater, dishwasher and garbage disposal in 2022. Public sewer, public water and natural gas. Convenient to Penn Yan, Hammondsport and in the heart of Finger Lakes wine trails.

Last Agent to Sell the Property

Brian Zerges

Listing by Finger Lakes Premier Prop. License #31ZE1131187 Listed on: 12/15/2022

Co-Listed By

Brian Schmitt

Listing by Finger Lakes Premier Prop. License #10401339790

Last Buyer's Agent

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160

Century 21 Steve Davoli RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,101

Year Built

  • Built in 2000

Lot Details

  • 1.59 Acre Lot
  • Lot Dimensions are 400 x 174
  • 174 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,712 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Sliding Doors
  • Family Room
  • Open Floorplan
  • Den
  • Scuttle Attic Hole

Kitchen

  • Built-In Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 573089-073-063-0001-002-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,101

Year Built

Built in 2000

Lot Details

0

Listing Details

  • NY Swis Code: Milo-573089
  • Total Assessed Value: 1067100
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 400
  • Lot Dimension Front: 174
  • Lot Information: Beach/Water Access - See Remarks, Flood Zone, Primary Road, Water View
  • Lot Number: 2
  • Nearest Cross Street: 2nd Milo Road
  • Number of Stories: 3.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1688955.86
  • Ratio Close Price By Sq Ft: 991.89
  • Ratio List Price By Acres: 1758020.97
  • Ratio List Price By Sq Ft: 1032.45
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 11648
  • Styles of Residence: Contemporary
  • Sub Board Code: Rochester
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 69380
  • Age of Building: 23
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2712
  • Directions To Property: Out of Penn Yan take Route 54 south to 302 Rt. 54 East Lake Road.
  • Sq Ft Total Pub: 2712
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2000

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sliding Glass Door, Sump Pump, Water Softener - Owned
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Primary Suite, Basement / Rec Room, Den/Study, Family Room, Guest Suite, Laundry-1st Floor, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range Built-In, Refrigerator, Refrigerator-Built In, Washer
  • Kitchen Dining Description: Granite Counter, Island, Kitchen/Family Room Combo, Living/Dining Combo, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 13
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2712

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Cable TV Available, Deck, Dock- see Remarks, High Speed Internet, Patio, Thermal Windows - Some
  • Number of Acres: 1.5927
  • Waterfront Description: Lake
  • Waterfront Frontage: 174

Garage/Parking

  • Driveway Description: Blacktop, Double Wide
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Emergency Backup Systems: Generator - Permanent
  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Programmable Thermostat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 573089-073-063-0001-002-001-0000

Tax Info

  • Total Taxes: 22101

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 13, 2023
Sold by
Baker John K and Baker Joseph W
Bought by
Leinen Raymond F and Leinen Anne M
Seller's Agent
Brian Zerges
Finger Lakes Premier Prop.
Buyer's Agent
Mark Malcolm
Century 21 Steve Davoli RE
List Price
$2,800,000
Sold Price
$2,690,000
Premium/Discount to List
-$110,000
-3.93%
Views
105
Current Estimated Value
$2,377,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,577
Avg. Annual Appreciation
5.95%
Original Mortgage
$750,000
Outstanding Balance
$676,984
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$2,413,013

Purchase Details

Closed on
Sep 3, 2020
Sold by
Baker Joseph W and Baker Joseph W
Bought by
Baker Joseph W and Baker John K
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
Leinen Raymond F $2,690,000 None Available
Baker Joseph W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leinen Raymond F $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $2,690,000 -3.9% $992 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $2,800,000 -- $1,032 / 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 $28,027 $1,688,400 $688,500 $999,900
2023 $28,027 $1,688,400 $688,500 $999,900
2022 $21,984 $1,067,100 $561,200 $505,900
2021 $21,193 $1,067,100 $561,200 $505,900
2020 $21,510 $1,067,100 $561,200 $505,900
2019 $24,079 $1,067,100 $561,200 $505,900
2018 $24,079 $1,057,200 $760,400 $296,800
2017 $23,245 $1,057,200 $760,400 $296,800
2016 $23,194 $1,057,200 $760,400 $296,800
2015 -- $1,057,200 $760,400 $296,800
2014 -- $1,057,200 $738,900 $318,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1447564

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-073-063-0001-002-001-0000