NOT LISTED FOR SALE

438 E Lake Rd Penn Yan, NY 14527

Estimated Value: $2,175,000 - $2,542,000

3 Beds
4 Baths
4,630 Sq Ft
$512/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $2,299,900 $497 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $14,358/month

43 Days on Market

Highlights

  • Docks
  • Safe Room
  • Primary Bedroom Suite
  • Second Kitchen
  • Spa
  • Property is near a lake

About This Home

As of August 2024

Once in a lifetime Keuka Lake home located on lower East Lake Road; this timeless 4000+ square foot home is essentially 2 full levels of living situated on 165+ feet of level shale beach. The stone exterior, lush landscape & double french doors welcome you to easy one-level living. Vaulted ceiling living room with huge lake facing windows. The new kitchen has luxury appliances, & walk in pantry. Dine in the formal dining room, lake-facing kitchen nook or the private covered deck overlooking water. First floor primary ensuite with balcony, en suite bath, tile shower & walk in closet with private entrance to glassed in grotto hot tub area to stone courtyard! Office space, & laundry with 3 car attached garage complete first floor. Lower level has casual living area with bar, second kitchen, half bath, laundry, & 2 large bedrooms with doors to the lake. The billiard room & second office offer additional flex spaces. The wrap around hardscape patio area features many outdoor entertaining spaces. Gentle access to the shale beach and 2 docks. Built by high end local builder, the character & quality shine in this home; meticulously designed & impressively built for elevated lake living.

Last Agent to Sell the Property

Brianne Kirk

Listing by Wine Trail Properties, LLC Brokerage Phone: 315-651-2572 License #10401281687 Listed on: 05/29/2024

Last Buyer's Agent

Timothy Spooner

Listing by Four Seasons Sotheby's Int'l License #10301216094

Four Seasons Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,113

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 168x154
  • Waterfront
  • Historic Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Stucco
  • Stone

Interior Spaces

  • 4,630 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Safe Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Spa
  • Property is near a lake
  • Docks
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 573089-085-047-0001-015-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,113

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2000
  • Attribution Contact: 315-651-2572
  • ResoLaundryFeatures: In Basement, Main Level
  • Road Frontage Type: Main Thoroughfare
  • Water Body Name: Keuka Lake
  • Directions: From Penn Yan, travel south on Route 54 to the first lower East Lake Rd (about 4 miles). Follow to 438 on the water.
  • Architectural Style: Historic/Antique, Ranch
  • Flooring: Carpet, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Den, Separate/Formal Dining Room, Eat-in Kitchen, Separate/Formal Living Room, Great Room, Kitchen Island, Quartz Counters, Second Kitchen, Storage, Walk-In Pantry, Bar, Window Treatments, Bedroom on Main Level, Bath in Primary Bedroom, Main Level Primary, Primary Suite
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.5976
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Stone, Stucco, PEX Plumbing
  • Exterior Features: Blacktop Driveway, Dock, Hot Tub/Spa, Patio, See Remarks
  • Foundation Details: Poured
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 573089-085-047-0001-015-001-0000
  • Lot Dimensions: 168X154
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23113.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 21, 2024
Sold by
Fonte Michael D and The Fonte Family Irrevocable Trust
Bought by
Hendershot Charles and Hendershot Ingrid
Seller's Agent
Brianne Kirk
Wine Trail Properties, LLC
Buyer's Agent
Timothy Spooner
Four Seasons Sotheby's Int'l
List Price
$2,600,000
Sold Price
$2,299,900
Premium/Discount to List
-$300,100
-11.54%
Views
109
Current Estimated Value
$2,368,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,591
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Fonte Dominic
Bought by
Fonte Dominic
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
Hendershot Charles $2,299,900 Westitle Agency
Hendershot Charles $2,299,900 Westitle Agency
Fonte Dominic -- --
Fonte Dominic -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $2,299,900 -11.5% $497 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $2,600,000 -- $562 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $23,821 $1,428,000 $570,600 $857,400
2023 $237 $1,428,000 $570,600 $857,400
2022 $23,273 $1,111,200 $546,700 $564,500
2021 $22,449 $1,111,200 $546,700 $564,500
2020 $22,488 $1,111,200 $546,700 $564,500
2019 $22,973 $1,111,200 $546,700 $564,500
2018 $22,973 $1,010,200 $586,700 $423,500
2017 $22,135 $1,010,200 $586,700 $423,500
2016 $22,069 $1,010,200 $586,700 $423,500
2015 -- $1,010,200 $586,700 $423,500
2014 -- $1,010,200 $583,300 $426,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1541389

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-085-047-0001-015-001-0000