NOT LISTED FOR SALE

40 E Summit St Lakewood, NY 14750

Estimated Value: $93,939 - $180,000

3 Beds
1 Bath
1,576 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $35,000 $22 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,108/month

36 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • 4-minute walk to Village of Lakewood

About This Home

As of October 2021

Home in in the Village of Lakewood, great location. Currently rents for $575 a month. Tenant occupied please give 48 hours notice. Estate sale therefore the executor has little information.
PLEASE HAVE BUYER DO A DRIVE BY 1ST

Last Agent to Sell the Property

Tena Dills

Listing by ERA Team VP Real Estate License #10401321012 Listed on: 06/09/2021

ERA Team VP Real Estate

Co-Listed By

Heather Shea-Canaley

Listing by ERA Team VP Real Estate License #10401281174

Last Buyer's Agent

Tena Dills

Listing by ERA Team VP Real Estate License #10401321012 Listed on: 06/09/2021

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 100 x 95
  • Corner Lot

Parking

  • No Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 062201-385-007-0003-001-000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 49500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 95
  • Lot Information: Corner Lot
  • Lot Number: 1
  • Nearest Cross Street: Lakeview Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 160476.85
  • Ratio Close Price By Sq Ft: 22.21
  • Ratio List Price By Acres: 256304.45
  • Ratio List Price By Sq Ft: 35.47
  • Regional Board Code: Rochester
  • School Tax: 1007
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Estate
  • Village: Lakewood-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 9500
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1576
  • Directions To Property: Turn onto E Summit off from Route 394
  • Sq Ft Total Pub: 1576
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Living Room
  • Basement Description: Partial
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1576

Exterior Features

  • Number of Acres: 0.2181

Garage/Parking

  • Garage Description: No Garage

Utilities

  • Sewer Description: Sewer Connected

Schools

  • School District: Southwestern

Lot Info

  • Parcel Number: 062201-385-007-0003-001-000

Tax Info

  • Total Taxes: 3474

MLS Schools

  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 16, 2021
Sold by
Anderson Nancy A Est
Bought by
40 E Summit Llc
Seller's Agent
Tena Dills
ERA Team VP Real Estate
Buyer's Agent
Tena Dills
ERA Team VP Real Estate
List Price
$45,900
Sold Price
$35,000
Premium/Discount to List
-$10,900
-23.75%
Current Estimated Value
$143,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,985
Avg. Annual Appreciation
44.81%
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
40 E Summit Llc $35,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $35,000 -37.4% $22 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $55,900 +21.8% $35 / Sq Ft
06/09/2021 06/09/21 For Sale $45,900 -- $29 / 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 $3,890 $49,500 $9,700 $39,800
2023 $2,068 $49,500 $9,700 $39,800
2022 $1,946 $49,500 $9,700 $39,800
2021 $1,912 $49,500 $9,700 $39,800
2020 $1,884 $49,500 $9,700 $39,800
2019 $1,825 $49,500 $9,700 $39,800
2018 $1,825 $49,500 $9,700 $39,800
2017 $1,834 $49,500 $9,700 $39,800
2016 $1,917 $49,500 $9,700 $39,800
2015 -- $49,500 $9,700 $39,800
2014 -- $49,500 $9,700 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1337879

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-385-007-0003-001-000