NOT LISTED FOR SALE

3603 Overlook Terrace Bemus Point, NY 14712

Estimated Value: $410,000 - $492,421

4 Beds
2 Baths
1,878 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $260,000 $138 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,116/month

7 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Wood Burning Stove
  • Corner Lot
  • Deck
  • Main Floor Primary Bedroom
  • Cottage

About This Home

As of August 2017

" LOCATION, LOCATION " THIS YEAR ROUND HOME / COTTAGE FEEL HOME, HAS CREATED OVER 40 YEARS OF FAMILY MEMORIES. KIDS ARE GONE AND DAD NEEDS TO DOWNSIZE. A TRUE WESTERN VIEW SETTING FOR THOSE CHAUTAUQUA SUNSETS FROM THE OVERSIZE DECK OVERLOOKING THE LAKE, OR FROM THE LIVING ROOM, DINING ROOM, KITCHEN,OR MASTER BEDROOM. INCREDIBLE LAKE VIEWS FROM ALL THE ROOMS! A GREAT WAY TO START AND END THE DAY! THE 70 FEET OF LAKE FRONTAGE FEELS EVEN LARGER BECAUSE THE LOT BACKS UP TO A DEAD END STREET. ITS LIKE HAVING 140 FEET OF LAKE FRONT, BUT PAYING FOR ONLY 70 FEET. ONE OF THE FEW LAKEFRONT HOMES AVAILABLE IN THE BEMUS POINT SCHOOL DISTRICT. MUST SEE INSIDE TO APPRECIATE THE INCREDIBLE VIEWS FROM ALL THE ROOMS! Community:Community beach,Community:Community park(s)

Last Agent to Sell the Property

Edward Miller

Listing by ERA Team VP Real Estate License #10301204745 Listed on: 05/30/2017

Last Buyer's Agent

Earl Johnson

Listing by Real Estate Advantage License #31JO0882358

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 287 x 70
  • 70 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Membrane Roofing

Interior Spaces

  • 1,878 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Workshop
  • Kitchen Island
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 350.11-1-38

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,000

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Topography: Level
  • Additional Structures: Shed/Storage
  • Amenities Included: Golf
  • NY Swis Code: Ellery-063689
  • Total Assessed Value: 258800
  • Land Features: Scenic View
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 287
  • Lot Dimension Front: 70
  • Lot Information: Corner Lot, Water View
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 138.45
  • Ratio List Price By Sq Ft: 148.56
  • Regional Board Code: Rochester
  • Roof Description: Rubber Membrane
  • Styles of Residence: Cottage
  • Sub Board Code: Chautauqua-Cattaraugus
  • Year Built Description: Existing
  • Age of Building: 71
  • Year Built: 1952
  • Directions To Property: RTE 430 TO LAKECREST JUST PAST CHAUTAUQUA BRICK COMING FROM BEMUS.
  • WaterRelatedFeatures: Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Primary Bedroom, Foyer/Entry Hall, Laundry-1st Floor, Workshop
  • Floor Description: Carpet, Vinyl-Some
  • Kitchen Appliances Included: Refrigerator
  • Kitchen Dining Description: Island
  • Number of Fireplaces Woodburning: 1
  • Number of Fireplaces Woodstoves: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1878

Exterior Features

  • Waterfront Name: Chautauqua Lake
  • Additional Exterior Features: Barbecue, Deck, Dock- see Remarks, Satellite Dish
  • Waterfront Description: Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000
  • Number of Truck Bays: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Water: Public Sewer Available
  • Utilities Available: Telephone
  • Water Supply: Water Rights, Well

Schools

  • School District: Bemus Point

Lot Info

  • Parcel Number: 350.11-1-38

Rental Info

  • Pets Allowed Types: Yes

Tax Info

  • Total Taxes: 6000

MLS Schools

  • School District Name: Bemus Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 28, 2017
Sold by
Prieur Ralph R
Bought by
Gormley Jr. E. Eugene
Seller's Agent
Edward Miller
ERA Team VP Real Estate
Buyer's Agent
Earl Johnson
Real Estate Advantage
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$454,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,855
Avg. Annual Appreciation
6.30%
Original Mortgage
$208,000
Outstanding Balance
$175,257
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,066
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
Gormley Jr. E. Eugene $260,000 Edward P Wright
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gormley Jr. E. Eugene $208,000
Previous Owner Prieur Ralph R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $260,000 0.0% $138 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $260,000 -- $138 / 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 $7,652 $258,800 $140,000 $118,800
2023 $7,557 $258,800 $140,000 $118,800
2022 $7,278 $258,800 $140,000 $118,800
2021 $7,167 $258,800 $140,000 $118,800
2020 $7,177 $258,800 $140,000 $118,800
2019 $7,049 $258,800 $140,000 $118,800
2018 $7,049 $258,800 $140,000 $118,800
2017 $6,095 $258,800 $140,000 $118,800
2016 $9,371 $258,800 $140,000 $118,800
2015 -- $258,800 $140,000 $118,800
2014 -- $258,800 $140,000 $118,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Edward Miller

    ERA Team VP Real Estate

    (716) 785-1940

    2 in this area

    106 Total Sales

    Edward Miller
    Section Image

  • E

    Buyer's Agent in 2017

    Earl Johnson

    Real Estate Advantage

    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1043098

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-350-011-0001-038-000

New York Chautauqua County Bemus Point 14712

3603 Overlook Terrace, Bemus Point, NY

This home is located at 3603 Overlook Terrace, Bemus Point, NY 14712 since 30 May 2017 and is currently estimated at $454,855, approximately $242 per square foot. This property was built in 1952. 3603 Overlook Terrace is a home located in Chautauqua County with nearby schools including Bemus Point Elementary School and Maple Grove Junior/Senior High School.

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.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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