NOT LISTED FOR SALE

3867 Luther Rd Silver Springs, NY 14550

Estimated Value: $342,000 - $800,000

2 Beds
3 Baths
2,349 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $470,250 $200 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,371/month

106 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Second Garage
  • 1.13 Acre Lot
  • Barn
  • Property is near a lake
  • Colonial Architecture

About This Home

As of November 2018

Huge Price Reduction!! A++ Luxury home and Silver Lake waterfront property.Built in 2001 this home and additional shop/second garage has so much to offer.Gorgeous views up and down the lake can be enjoyed from almost any room in the house. Large open concept with tasteful decor and neutral paint choices, bleached maple hardwood flooring, cathedral ceiling in the great room,Large kitchen (2015 new appliances all incld)overlooking the fully windowed breakfast area w/natural cherry wood cabinets! super-sized living room/dining room combo.1st floor laundry room.Open staircase to the second floor Master suite and guest room! Full partially finished basement with a large rec room and other separate rooms.A propane auto-on generator! Check out DRONE FLIGHT: https://youtu.be/sC-wExOP100

Last Agent to Sell the Property

Joseph Rivellino

Listing by No Office Affiliation License #10301215497 Listed on: 05/21/2018

Last Buyer's Agent

Joseph Rivellino

Listing by No Office Affiliation License #10301215497 Listed on: 05/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,729

Year Built

  • Built in 2001

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 407 x 130
  • 130 Feet of Waterfront
  • Property fronts a private road
  • Rectangular Lot

Home Design

  • Colonial Architecture
  • Cottage
  • Vinyl Construction Material

Interior Spaces

  • 2,349 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Bonus Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 4 Car Attached Garage
  • Second Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Property is near a lake
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Schools

  • Perry Elementary School
  • Perry Middle School
  • Perry High School

Farming

  • Barn

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Whole House Permanent Generator
  • Well
  • Propane Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 562689-100-017-0001-018-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,729

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Castile-562689
  • Total Assessed Value: 405000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 407
  • Lot Dimension Front: 130
  • Lot Information: Agricultural District, Beach/Water Access - See Remarks, Deeded Water Rights, Private Road, Water View
  • Lot Number: 18
  • Lot Shape: Rectangular
  • Nearest Cross Street: Silver Grove
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 416150.44
  • Ratio Close Price By Sq Ft: 200.19
  • Ratio List Price By Acres: 441592.92
  • Ratio List Price By Sq Ft: 212.43
  • Regional Board Code: Buffalo
  • School Tax: 6947
  • Styles of Residence: 2 Story, Colonial, Cottage
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 49223
  • Age of Building: 21
  • Garage Amenities: Heated, Shop Space
  • Year Built: 2001
  • Directions To Property: From West Lake Road, take Abbott rd then, Right on Luther. Waterfront property.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Natural Woodwork - some, Sliding Glass Door, Sump Pump
  • Additional Rooms: Basement / Rec Room, Bonus Room, Great Room, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full, Partially Finished
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Microwave, Oven/Range Freestanding, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Room, Eat-In, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Other: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Total Sq Ft: 2349

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Silver Lake
  • Additional Exterior Features: Deck, Dock- see Remarks, Garage Door Opener, High Speed Internet, Patio, Post -Type Gas Grill, Propane Tank - Owned, Thermal Windows - Some
  • Number of Acres: 1.1300
  • Waterfront Description: Lake
  • Waterfront Frontage: 130

Garage/Parking

  • Driveway Description: Blacktop, Parking Area, Turnaround
  • Garage Description: 2nd Garage, Attached
  • Number of Garage Spaces: 4.0000

Utilities

  • Emergency Backup Systems: Generator - Permanent, Sump Pump - Water Power
  • Heating Fuel Description: Propane
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Propane

Schools

  • School District: Perry
  • Elementary School: Perry Elementary
  • Middle School: Perry Middle
  • High School: Perry High

Lot Info

  • Parcel Number: 562689-100-017-0001-018-001-0000

Tax Info

  • Total Taxes: 12729

MLS Schools

  • Elementary School Name: Perry Elementary
  • High School Name: Perry High
  • Middle School Name: Perry Middle
  • School District Name: Perry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Oct 31, 2018
Sold by
Strathearn Barbara A and Ratlife Richard B
Bought by
Strathearn Barbara A and Ratlife Richard B
Seller's Agent
Joseph Rivellino
No Office Affiliation
Buyer's Agent
Joseph Rivellino
No Office Affiliation
List Price
$579,000
Sold Price
$470,250
Premium/Discount to List
-$108,750
-18.78%
Current Estimated Value
$619,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,586
Avg. Annual Appreciation
3.91%
Original Mortgage
$376,200
Outstanding Balance
$330,840
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,821

Purchase Details

Closed on
Sep 1, 2017
Sold by
Houseknecht Kathryn
Bought by
Houseknecht Ny Real Estate Tru

Purchase Details

Closed on
Jul 30, 1999
Sold by
Hanson Warren
Bought by
Houseknecht Kathryn G
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
Strathearn Barbara A $470,250 --
Houseknecht Ny Real Estate Tru -- Paul S Boylan
Houseknecht Kathryn G $155,000 Daniel Rybak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strathearn Barbara A $376,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $470,250 -5.8% $200 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $499,000 -5.0% $212 / Sq Ft
07/23/2018 07/23/18 Price Changed $525,000 -5.4% $223 / Sq Ft
07/02/2018 07/02/18 Price Changed $555,000 -4.1% $236 / Sq Ft
05/21/2018 05/21/18 For Sale $579,000 -- $246 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $12,827 $490,000 $229,000 $261,000
2023 $12,827 $490,000 $229,000 $261,000
2022 $13,364 $510,000 $229,000 $281,000
2021 $13,060 $435,000 $229,000 $206,000
2020 $12,505 $435,000 $229,000 $206,000
2019 $12,276 $435,000 $229,000 $206,000
2018 $12,276 $405,000 $229,000 $176,000
2017 $12,728 $405,000 $229,000 $176,000
2016 $12,526 $405,000 $229,000 $176,000
2015 -- $435,000 $229,000 $206,000
2014 -- $435,000 $229,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1120035

Western New York Real Estate Information Services (WNYREIS)

APN: 562689-100-017-0001-018-001-0000