NOT LISTED FOR SALE

4500 E Bluff Dr Penn Yan, NY 14527

Estimated Value: $132,000 - $655,000

1.5 Acres
$299,461 Price per Acre
65,340 Sq Ft Lot

Last Sold January 16, 2019

Last sale price $360,000 $99 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,467/month

39 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake Property
  • High Speed Internet
  • Scenic Views

About This Lot

As of January 2019

Keuka Lake-Extraordinary building lot with 1.5 acres of a level setting, 50' of all natural frontage, and all municipal services available (water, sewer, natural gas). Very attractive neighborhood, and a safe place to walk or bike. This package represents a perfect setting on which to build your new lake home on Lake Keuka. Property taxes and assessment are based upon listing price, and is not current assessed value of what are portions of 2 tax parcels combined.

Last Agent to Sell the Property

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 08/26/2018

Century 21 Steve Davoli RE

Last Buyer's Agent

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 08/26/2018

Century 21 Steve Davoli RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,474

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 400 x 130
  • 50 Feet of Waterfront
  • Sloped Lot
  • Cleared Lot

Parking

  • Dirt Driveway

Property Views

  • Scenic Vista Views

Outdoor Features

  • Water Access
  • Property is near a lake
  • Lake Property

Utilities

  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 572689-084-036-0001-002-011-0000
  • $1,600 special tax assessment

Property Details

Property Type

Land

Est. Annual Taxes

$10,474

Lot Details

0

Listing Details

  • Topography: Scenic, Slight Slope
  • Annual Special Assessment: 1600
  • NY Swis Code: Jerusalem-572689
  • Total Assessed Value: 399000
  • Development Status: Cleared Land, Site Plan Recorded
  • Land Features: Lake, Scenic View, Water Access, Water View
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 400
  • Lot Dimension Front: 130
  • Lot Information: Residential, Subdivision
  • Nearest Cross Street: Holly Lane
  • Possible Uses: 2nd Home Development, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 240000.00
  • Ratio List Price By Acres: 266000.00
  • Regional Board Code: Rochester
  • School Tax: 4724
  • Sub Board Code: Rochester
  • Type: Building Lot, Residential
  • Type of Sale: Normal
  • Directions To Property: Rte 54A from village of Penn Yan to Central Ave, pass college to 4500 East Bluff Drive.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: Town
  • Waterfront Name: Keuka Lake
  • Number of Acres: 1.5000
  • Waterfront Description: Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway Description: Dirt

Utilities

  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Sanitary Sewer, Telephone, Water
  • Waste Disposal: Sewer Available
  • Water Supply: At Street, Public

Lot Info

  • Parcel Number: 572689-084-036-0001-002-011-0000

Tax Info

  • Total Taxes: 10474

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2018
Closed on
Nov 30, 2018
Sold by
Holly John F and Holly Darla A
Bought by
Coholan Terence P and Coholan Janet M
Seller's Agent
Mark Malcolm
Century 21 Steve Davoli RE
Buyer's Agent
Mark Malcolm
Century 21 Steve Davoli RE
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$449,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,191
Avg. Annual Appreciation
3.24%
Original Mortgage
$213,750
Outstanding Balance
$162,963
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$286,228
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Coholan Terence P $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coholan Terence P $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $360,000 -9.8% $99 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
08/26/2018 08/26/18 For Sale $399,000 -30.6% $109 / Sq Ft
12/31/2014 12/31/14 Sold $575,000 -4.0% $144 / Sq Ft View Prior Sale
12/16/2014 12/16/14 Pending -- -- --
12/02/2014 12/02/14 For Sale $599,000 -- $150 / 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 $1,368 $93,400 $93,400 $0
2023 $1,079 $43,200 $43,200 $0
2022 $1,320 $103,500 $63,200 $40,300
2021 $770 $43,200 $43,200 $0
2020 $492 $25,000 $25,000 $0
2019 $485 $25,000 $25,000 $0
2018 $485 $25,000 $25,000 $0
2017 $451 $20,000 $20,000 $0
2016 $432 $20,000 $20,000 $0
2015 -- $20,000 $20,000 $0
2014 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1144142

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572689-084-036-0001-002-011-0000