NOT LISTED FOR SALE

407 Powers Rd King Ferry, NY 13081

Estimated Value: $668,000 - $1,401,609

0.57 Acre
$1,995,677 Price per Acre
24,829 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $180,000

Est. 532% increase in value since last sale

Current estimated payment $7,414/month

575 Days on Market

Highlights

  • Lake Front
  • Shed
  • Agricultural

About This Lot

As of December 2017

Super rare lakefront building lot close to Ithaca. 119' of frontage on Cayuga Lake with phenomenal views and stone beach! Other huge bonus' is a gravel drive and a fully approved septic system for a 5 bedroom home. Great quality water on the deep part of Cayuga Lake. Build your dream home or just enjoy this investment in the future. They aren't making any more lakefront property! So much to do here including swimming, skiing, fishing, pleasure boating and boating to restaurants and wineries. Convenient to Ithaca, Aurora, Auburn, Syracuse, Rochester, etc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,618

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 119x250
  • Lake Front

Schools

  • Southern Cayuga Elementary School

Additional Features

  • Shed
  • Agricultural
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 053000 236.00-1-18.311

Property Details

Property Type

Land

Est. Annual Taxes

$4,618

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.57
  • Lot Size: 119X250
  • Water Body Name: Cayuga
  • Directions: Lake Rd to Powers Rd, turn left at the fork. Look for the Land of Lakes sign.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Agricultural, Lake Front
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Other Structures: Shed(s), Storage

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available

Schools

  • Elementary School: Southern Cayuga Elementary
  • Junior High Dist: Southern Cayuga

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: 053000 236.00-1-18.311
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4618.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Nov 24, 2017
Sold by
Langefeld Phillip A
Bought by
Mikel Daniel J and Mikel Mary E
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$1,137,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,536
Avg. Annual Appreciation
25.49%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Powers Estate Donald
Bought by
Langefeld Phillip

Purchase Details

Closed on
Apr 20, 2006
Sold by
Powers Estate Donald
Bought by
Wiedemann Robert
Source: Public Records
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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
Mikel Daniel J -- None Available
Langefeld Phillip $150,000 Charles Lynch
Anhinga Forge Llc $150,000 Charles Lynch
Wiedemann Robert $135,000 Jonathan Albanese
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $180,000 -5.2% --
11/15/2017 11/15/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $189,900 -- --
Source: Ithaca Board of REALTORS®

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 $16,529 $781,800 $205,000 $576,800
2023 $16,290 $781,800 $205,000 $576,800
2022 $16,120 $781,800 $205,000 $576,800
2021 $16,560 $781,800 $205,000 $576,800
2020 $7,988 $415,900 $196,000 $219,900
2019 $2,121 $196,000 $196,000 $0
2018 $4,775 $196,000 $196,000 $0
2017 $4,657 $196,000 $196,000 $0
2016 $4,642 $196,000 $196,000 $0
2015 -- $196,000 $196,000 $0
2014 -- $183,800 $183,800 $0
Source: Public Records

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB305862

APN: 053000-236-000-0001-018-311-0000