NOT LISTED FOR SALE

4485 E Lake Rd Cazenovia, NY 13035

Estimated Value: $239,000 - $300,534

3 Beds
2 Baths
2,233 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $191,000 $86 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,776/month

10 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Zoned Heating and Cooling Systems
  • 3-minute walk to Lakeside Park
  • Wood Flooring
  • Wood Burning Fireplace

About This Home

As of September 2022

One of a kind opportunity for owner/occupant or investor. 3/4 acre lot borders Lakeside Park for access to boat launch, Pavillion, ball fields and playground! Has updated furnaces and is zoned a legal 2 family with two basements! Property is currently under guardianship and was owner occupied for many years - apartment was used for guests and no rental history available. Sold 'as-is'. Walking distance to village of Caz and lake access with no village taxes!

Last Agent to Sell the Property

Bill Carroll

Listing by Real Broker NY LLC License #40CA0943190 Listed on: 06/16/2022

Last Buyer's Agent

Bill Carroll

Listing by Real Broker NY LLC License #40CA0943190 Listed on: 06/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1940

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 250 x 117
  • Wooded Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stucco
  • Cedar

Interior Spaces

  • 2,233 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace

Flooring

  • Wood
  • Laminate
  • Tile

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Burton Street Elementary School
  • Cazenovia Middle School
  • Cazenovia High School

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Property held in a trust
  • Rent includes no utilities
  • Tax Lot 20
  • Assessor Parcel Number 252289-085-083-0001-020-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,862

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Cazenovia-252289
  • Total Assessed Value: 160000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 250
  • Lot Dimension Front: 117
  • Lot Information: Neighborhood Street, Wooded Lot
  • Lot Number: 20
  • Nearest Cross Street: Wright Rd
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 244871.79
  • Ratio Close Price By Sq Ft: 85.54
  • Ratio List Price By Acres: 166538.46
  • Ratio List Price By Sq Ft: 58.17
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 3142
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex, Side by Side
  • Type of Sale: Trust
  • Year Built Description: Existing
  • Lot Sq Ft: 33977
  • Age of Building: 82
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 2233
  • Directions To Property: From Albany St, take Forman (East Lake Rd) to house on left after Lakeside Park.
  • Sq Ft Total Pub: 2233
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Attic Description: Scuttle Access, Unfinished
  • Basement Description: Exterior Walkout, Full, Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 2233

Exterior Features

  • Construction: Cedar, Composition, Stucco, Wood
  • Number of Acres: 0.7800

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Multi-Zone
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cazenovia
  • Elementary School: Burton Street Elementary
  • Middle School: Cazenovia Middle
  • High School: Cazenovia High

Lot Info

  • Parcel Number: 252289-085-083-0001-020-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4862

MLS Schools

  • Elementary School Name: Burton Street Elementary
  • High School Name: Cazenovia High
  • Middle School Name: Cazenovia Middle
  • School District Name: Cazenovia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 24, 2022
Sold by
Basic Jennifer M
Bought by
Vaccaro David G
Seller's Agent
Bill Carroll
Real Broker NY LLC
Buyer's Agent
Bill Carroll
Real Broker NY LLC
List Price
$129,900
Sold Price
$191,000
Premium/Discount to List
$61,100
47.04%
Current Estimated Value
$241,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,931
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
May 26, 1998
Source: Public Records

Range of Values:

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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
Vaccaro David G $191,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Valerie R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $191,000 +47.0% $86 / Sq Ft
06/16/2022 06/16/22 For Sale $129,900 -- $58 / Sq Ft
Source: Central New York Information Services

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 $5,274 $160,000 $51,000 $109,000
2023 $5,171 $160,000 $51,000 $109,000
2022 $4,843 $160,000 $51,000 $109,000
2021 $4,861 $160,000 $51,000 $109,000
2020 $3,738 $160,000 $51,000 $109,000
2019 $3,542 $160,000 $51,000 $109,000
2018 $3,542 $160,000 $51,000 $109,000
2017 $3,531 $160,000 $51,000 $109,000
2016 $1,672 $160,000 $51,000 $109,000
2015 -- $160,000 $51,000 $109,000
2014 -- $160,000 $51,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1414107

Central New York Information Services

APN: 252289-085-083-0001-020-000-0000