NOT LISTED FOR SALE

4 E Terrace Ave Lakewood, NY 14750

Estimated Value: $407,000 - $565,000

4 Beds
3 Baths
3,296 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $285,000 $86 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,229/month

237 Days on Market

Highlights

  • Second Kitchen
  • 3 Fireplaces
  • Solid Surface Countertops
  • Victorian Architecture
  • Sun or Florida Room
  • 3-minute walk to Village of Lakewood

About This Home

As of December 2021

Come see this unique and historic Lakewood home! Built in 1865 and totally rebuilt in 1979, this beautiful Victorian home has a perfect mix of old and new together. Enjoy the over 3200 sq. feet of living space with 4 large bedrooms and 3 full bathrooms, including 3 wood burning fireplaces, wrap around side and rear interior porch, large rear and side outdoor patio and porch areas. In the kitchen is a unique "Kacheloften" which is a baking/cooking center as well as another heating source for this exceptional home. Near Hartley Park across the street with beach, tennis and park amenities. There is a detached heated garage and workshop. Currently a home and business, zoned residential/commercial. Unlimited possibilities for home, bed and breakfast or business. Schedule a showing today!!

Last Agent to Sell the Property

Mark Sleggs

Listing by Century 21 Turner Brokers License #10401309130 Listed on: 06/01/2019

Century 21 Turner Brokers

Last Buyer's Agent

Lindsay Sadowski

Listing by Century 21 Turner Brokers License #10401288356

Century 21 Turner Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,540

Year Built

  • Built in 1865

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 174 x 100
  • Partially Fenced Property
  • Historic Home

Home Design

  • Victorian Architecture
  • Flat Roof Shape
  • Block Foundation
  • Stone Foundation
  • Membrane Roofing
  • Asphalt Roof

Interior Spaces

  • 3,296 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Stained Glass
  • Living Room
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Partial Basement
  • Unfinished Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Cooling System
  • Humidifier
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Programmable Thermostat
  • 220 Volts in Garage
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 062201-368-019-0003-077-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,540

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 203500
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 174
  • Lot Dimension Front: 100
  • Lot Information: Commercial Zoning, Neighborhood Street, Water View
  • Lot Number: 77
  • Nearest Cross Street: Chautauqua Avenue
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 708602.69
  • Ratio Close Price By Sq Ft: 86.47
  • Ratio List Price By Acres: 892590.75
  • Ratio List Price By Sq Ft: 108.92
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Flat, Rubber Membrane
  • School Tax: 4064
  • Styles of Residence: Historic, Victorian
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 17522
  • Age of Building: 157
  • Garage Amenities: Electrical Service, Heated, Shop Space
  • Year Built: 1865
  • Directions To Property: Take Route 394 to Chautauqua Avenue in Lakewood. Take Chautauqua Avenue to Terrace Avenue. Home is on the corner on the right side.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1865

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Circuit Breakers - Some, Stained Glass - Some
  • Additional Rooms: Den/Study, Florida/Sun Room- Unheated, Laundry-1st Floor, Living Room, Master Bedroom Bath, Porch - Enclosed, Porch - Open, Workshop
  • Attic Description: Stair Access, Unfinished
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: 2nd Kitchen, Eat-In, Formal Dining Room, Island, Pantry, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 12
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 3296

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Patio, Post -Type Gas Grill, Propane Tank - Leased
  • Number of Acres: 0.4022

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas, Propane
  • Hvac Type: Forced Air, Humidifier, Programmable Thermostat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

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

Lot Info

  • Parcel Number: 062201-368-019-0003-077-000

Tax Info

  • Total Taxes: 7540

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
Jun 1, 2019
Closed on
Dec 17, 2021
Sold by
Pearson Jon T Sr Est and Pearson
Bought by
Kamats Kimberly and Pearson Jon T
Seller's Agent
Mark Sleggs
Century 21 Turner Brokers
Buyer's Agent
Lindsay Sadowski
Century 21 Turner Brokers
List Price
$359,000
Sold Price
$285,000
Premium/Discount to List
-$74,000
-20.61%
Current Estimated Value
$461,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,206
Avg. Annual Appreciation
12.67%
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
Kamats Kimberly $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Jon T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $285,000 -20.6% $86 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
06/01/2019 06/01/19 For Sale $359,000 -- $109 / 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 $8,596 $203,500 $38,800 $164,700
2023 $8,503 $203,500 $38,800 $164,700
2022 $8,000 $203,500 $38,800 $164,700
2021 $7,860 $203,500 $38,800 $164,700
2020 $6,404 $203,500 $38,800 $164,700
2019 $6,162 $203,500 $38,800 $164,700
2018 $6,162 $203,500 $38,800 $164,700
2017 $6,231 $203,500 $38,800 $164,700
2016 $6,183 $203,500 $38,800 $164,700
2015 -- $203,500 $38,800 $164,700
2014 -- $203,500 $38,800 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1197474

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-368-019-0003-077-000