NOT LISTED FOR SALE

3925 Luther Rd Silver Springs, NY 14550

Estimated Value: $424,000 - $575,000

2 Beds
1 Bath
1,176 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $300,000 $255 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,176/month

9 Days on Market

Highlights

  • 90 Feet of Waterfront
  • 0.8 Acre Lot
  • Wood Flooring
  • Property is near a lake
  • A-Frame Home
  • Sliding Doors

About This Home

As of July 2020

Classic Silver Lake Storybook Cottage on 90+ft of desired West side gently sloping, gorgeous panoramic waterfront views. Listing is two properties combined, with Barn & loft rental potential! Highly sought after deep lot with mature trees & privacy. Galley kitchen with bfast bar. Open family room with soaring ceiling leads to gorgeous lake views! Covered porch w/lg wrap around deck & gazebo. Quality tongue & groove thru-out. Property includes two-story barn & spectacular 20 ‘ x 30’ party loft. This lake home is on quiet street minutes to Letchworth State Park and literally steps onto the greens of Silver Lake Country Club GolfCourse. Fantastic fishing in Lake. Lots of room for parking and Large lawn ideal for outdoor entertainment.Year round street with snow & garbage removal services.

Last Agent to Sell the Property

Robyn Sansone

Listing by WNYbyOwner.com License #10491209960 Listed on: 05/23/2020

Last Buyer's Agent

Michael Gebauer

Listing by NextHome Brixwood License #40GE0750518

NextHome Brixwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1965

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 385 x 90
  • 90 Feet of Waterfront

Home Design

  • A-Frame Home

Interior Spaces

  • 1,176 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Property is near a lake

Utilities

  • Radiant Heating System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 562689-111-008-0001-001-011-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,593

Year Built

Built in 1965

Lot Details

0

Listing Details

  • NY Swis Code: Castile-562689
  • Total Assessed Value: 275000
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 385
  • Lot Dimension Front: 90
  • Lot Information: Beach/Water Access - See Remarks, Water View
  • Lot Number: 1
  • Nearest Cross Street: West Lake Rd
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 373878.36
  • Ratio Close Price By Sq Ft: 255.10
  • Ratio List Price By Acres: 373753.74
  • Ratio List Price By Sq Ft: 255.02
  • Regional Board Code: Buffalo
  • School Tax: 3387
  • Styles of Residence: A-Frame
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 34954
  • Age of Building: 57
  • Year Built: 1965
  • Directions To Property: From Warsaw, take 20A East, turn right Suckerbrook Road to the end. Turn right on Oatka Rd/Lake St. Atstop turn left on West Lake Rd., Travel along golf course. 3rd left on Abbott Rd., first right on LutherRd.#3925 on light post
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Sliding Glass Door
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1176

Exterior Features

  • Construction: Wood
  • Waterfront Name: Silver Lake
  • Number of Acres: 0.8024
  • Waterfront Description: Lake
  • Waterfront Frontage: 90

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Carport
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Radiant
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Perry

Lot Info

  • Parcel Number: 562689-111-008-0001-001-011-0000

Tax Info

  • Total Taxes: 6593

MLS Schools

  • School District Name: Perry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Jul 20, 2020
Sold by
Ratliff Richard B and S-Ratliff Barbara A
Bought by
Greene Peter W and Greene Rachael R
Seller's Agent
Robyn Sansone
WNYbyOwner.com
Buyer's Agent
Michael Gebauer
NextHome Brixwood
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$471,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,979
Avg. Annual Appreciation
9.23%
Original Mortgage
$240,000
Outstanding Balance
$213,763
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$259,293

Purchase Details

Closed on
Jul 7, 2008
Sold by
Wyman Angeline
Bought by
Strathearn - Ratliff Barbara A

Purchase Details

Closed on
May 9, 2005
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
Greene Peter W $300,000 None Available
Strathearn - Ratliff Barbara A $255,000 Jeffrey Erickson
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Peter W $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $300,000 0.0% $255 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $299,900 -- $255 / 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 $8,207 $305,000 $163,400 $141,600
2023 $8,207 $305,000 $163,400 $141,600
2022 $8,433 $305,000 $163,400 $141,600
2021 $8,478 $275,000 $163,400 $111,600
2020 $7,982 $275,000 $163,400 $111,600
2019 $6,649 $275,000 $163,400 $111,600
2018 $6,649 $215,000 $163,400 $51,600
2017 $6,894 $215,000 $163,400 $51,600
2016 $8,411 $270,000 $163,400 $106,600
2015 -- $270,000 $163,400 $106,600
2014 -- $270,000 $163,400 $106,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1265948

Western New York Real Estate Information Services (WNYREIS)

APN: 562689-111-008-0001-001-011-0000