NOT LISTED FOR SALE

32 Pennsylvania Ave Lakewood, NY 14750

Estimated Value: $471,000 - $538,620

5 Beds
3 Baths
5,150 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $425,000 $83 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,183/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Quartz Countertops
  • Deck
  • Finished Attic
  • 4-minute walk to Village of Lakewood

About This Home

As of July 2021

More than a home...it's a Lifestyle! For those whose tastes exceed ordinary this Village of Lakewood distinctive property awaits. Located just a block from Chautauqua Lake, in the heart of the village and all it's amenities. A 5 minute walk to the Yacht Club where members can dock their boat, swim in the lakeside pool, enjoy fine dining and summer events. Lakefront amenities potentially available without the pricetag! This stunning estate has been completely revamped and re-imagined keeping it's rich character in tact but combining modern touches to appeal to today's savvy buyer. Spacious rooms with soaring ceilings trimmed with moldings, original or recreated to match woodwork, and built-ins. Loads of natural lighting. Brand new kitchen with modern appliances and pantry. First floor master suite for convenience. Formal living, dining rooms and parlour. Second floor hosts 4br and fully remodeled bath. The 3rd floor can serve as guest suite, rec room or sprawling master. Lake views from many rooms! Refinished hard wood flooring. New carpet and paint throughout. Basically rebuilt from foundation up. List of improvements available upon request.

Last Agent to Sell the Property

Jerod Zahn

Listing by ERA Team VP Real Estate License #40ZA0867242 Listed on: 05/02/2021

ERA Team VP Real Estate

Last Buyer's Agent

Carolyn Lawson

Listing by Property Sisters of Chautauqua, Inc. License #10311208908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80 x 120

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 5,150 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck

Schools

  • Southwestern Elementary School
  • Southwestern Middle School
  • Southwestern Senior High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Lakewood Community
  • Lakewood Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 062201-368-019-0003-039-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,519

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 59000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 80
  • Lot Dimension Front: 120
  • Lot Information: Neighborhood Street, Water View
  • Lot Number: 39
  • Nearest Cross Street: E Terrace
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1931818.18
  • Ratio Close Price By Sq Ft: 82.52
  • Ratio List Price By Acres: 2070454.55
  • Ratio List Price By Sq Ft: 88.45
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1475
  • Styles of Residence: 2 Story, Colonial
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3706
  • Directions To Property: terrace to pennsylvania.
  • Sq Ft Total Pub: 3706
  • Subdivision Comm Complex: Lakewood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: 1st Floor Master Suite, Den/Study, Family Room, Foyer/Entry Hall, Laundry-1st Floor, Living Room
  • Attic Description: Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Pantry, Quartz Counter
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms 3rd Floor: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 3rd Floor Full Bathrooms: 1
  • Number of Rooms: 12
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 5150

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Deck
  • Number of Acres: 0.2200

Garage/Parking

  • Driveway Description: Blacktop, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Southwestern
  • Elementary School: Southwestern Elementary
  • Middle School: Southwestern Middle
  • High School: Southwestern Senior High

Lot Info

  • Parcel Number: 062201-368-019-0003-039-000

Tax Info

  • Total Taxes: 2519

MLS Schools

  • Elementary School Name: Southwestern Elementary
  • High School Name: Southwestern Senior High
  • Middle School Name: Southwestern Middle
  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jul 27, 2021
Sold by
Chautauqua Dev Llc
Bought by
Chiappetta Timothy J and Chiapetta Elizabeth A
Seller's Agent
Jerod Zahn
ERA Team VP Real Estate
Buyer's Agent
Carolyn Lawson
Property Sisters of Chautauqua, Inc.
List Price
$455,500
Sold Price
$425,000
Premium/Discount to List
-$30,500
-6.7%
Current Estimated Value
$493,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,655
Avg. Annual Appreciation
3.74%
Original Mortgage
$340,000
Outstanding Balance
$309,968
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,687

Purchase Details

Closed on
Jan 15, 2009
Sold by
County Of Chaut
Bought by
Darling Family Trust Lee
Source: Public Records

Range of Values:

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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
Chiappetta Timothy J $425,000 None Available
Darling Family Trust Lee $28,753 County Of Chaut Law Dept
County Of Chaut $28,753 County Of Chaut Law Dept
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiappetta Timothy J $340,000
Previous Owner Chautaqua Development Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $425,000 -6.7% $83 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $455,500 -- $88 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,913 $140,000 $9,800 $130,200
2023 $0 $140,000 $9,800 $130,200
2022 $1,019 $140,000 $9,800 $130,200
2021 $3,946 $57,000 $13,000 $44,000
2020 $4,403 $59,000 $13,000 $46,000
2019 $4,403 $59,000 $13,000 $46,000
2018 $4,403 $59,000 $13,000 $46,000
2017 $4,384 $59,000 $13,000 $46,000
2016 $4,359 $59,000 $13,000 $46,000
2015 -- $59,000 $13,000 $46,000
2014 -- $59,000 $13,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1333287

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-019-0003-039-000