$170,000
SOLD DEC 17, 2024

48 E Summit St Lakewood, NY 14750

3 Beds
2 Baths
1,550 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

15% Below List Price

161 Days on Market

Highlights

  • Recreation Room
  • 1 Fireplace
  • Porch
  • Main Floor Bedroom
  • Formal Dining Room
  • 5-minute walk to Village of Lakewood

About This Home

As of December 2024

Fully remodeled charming home in the Village of Lakewood! New roof, electric, plumbing, water line from water main into house, Fireplace, siding and stonework all done about three years ago! The dry basement with laundry area has been freshly painted this week! Enjoy morning coffee on the patio outside of the first-floor bedroom suite or entertain in the enclosed patio area behind the attached garage. A short walk to the Lakewood Park, Library, Ryder's Cup Coffee, Restaurants and of course Chautauqua Lake! This house has been professionally cleaned and ready to move into. All appliances will stay and have been enjoyed by an actual Chef!

Last Agent to Sell the Property

Sherry Griffen

Listing by Century 21 Turner Brokers Brokerage Email: sherry@c21turnerbrokers.com License #10401345729 Listed on: 04/19/2024

Century 21 Turner Brokers

Last Buyer's Agent

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Southwestern Elementary School
  • Southwestern Middle School
  • Southwestern Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 062201-385-007-0003-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1930
  • Attribution Contact: sherry@c21turnerbrokers.com
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Fairmount turn onto Lakeview and then take a right onto Summit.
  • Architectural Style: Two Story
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1148
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Southwestern
  • Ninth Grade High School: Southwestern Senior High
  • Middle Or Junior School: Southwestern Middle

Lot Info

  • Parcel Number: 062201-385-007-0003-004-000
  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2803.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Southwestern Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Dec 11, 2024
Sold by
Sivak Jason
Bought by
Gonzalez Christopher and Sumner Celia Cate
Seller's Agent
Sherry Griffen
Century 21 Turner Brokers
Buyer's Agent
Richard Benedetto
Real Estate Advantage
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
522
Current Estimated Value
$163,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,821
Avg. Annual Appreciation
2.65%
Original Mortgage
$164,900
Outstanding Balance
$163,907
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$9,240

Purchase Details

Closed on
Jun 18, 2004
Sold by
Kolankiewicz Peter P
Bought by
Verleni Nick M
Source: Public Records

Similar Homes in Lakewood, NY

  • 2 Holly Dr, Lakewood, NY 14750

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 2 Holly Dr
    • Lakewood, NY

    Welcome to this beautifully updated 1,650 sq ft ranch-style home just minutes from Chautauqua Lake and the heart of the Village of Lakewood. Located in the desirable Southwestern School District, this property features a fully fenced backyard with privacy fencing, perfect for outdoor living, entertaining, or pets. The main home offers 2 bedrooms and 1 full bathroom, with a spacious open layout,

    Laura Ferraro EXP-Premier Listings Team

    Section Image
  • 3 Webster St, Lakewood, NY 14750

    $175,000

    • 3 Beds
    • 1.5 Baths
    • 2,760 Sq Ft
    • 3 Webster St
    • Lakewood, NY

    This home is in the heart of Lakewood Village. An amazing corner lot totaling over an acre! Enjoy lake views and it's proximity to all the village has to offer. The bones are there and the potential is great to turn this brick ranch home into an amazing property. Over 2700 square feet to play with and room to expand as needed. Currently the home consists of 3br and 1.5 baths with a huge living

    Jerod Zahn ERA Team VP Real Estate

    Section Image
  • 14 Stoneman Ave, Lakewood, NY 14750

    $175,000

    • 5 Beds
    • 3 Baths
    • 2,300 Sq Ft
    • 14 Stoneman Ave
    • Lakewood, NY

    Designed to delight and built to endure, this charming Cape Cod style home is located just a short distance to beautiful lake Chautauqua. Perched on a pretty 100' x 150' site within the Village of Lakewood offering many amenities that are in close proximity including village restaurants, beach, playground and village shops. Part of the Southwestern Central School District. Lake access is

    Stephen Sorg Howard Hanna Holt - Lakewood

    Section Image
  • 3 Mapleview Ave, Lakewood, NY 14750

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,014 Sq Ft
    • 3 Mapleview Ave
    • Lakewood, NY

    Welcome to this beautifully updated 1.5-story home offering 3 bedrooms and 1 full bath. Located in the Village of Lakewood, this property features a cozy front porch perfect for relaxing evenings and enjoying the neighborhood charm.Step inside to discover modern finishes throughout, highlighted by recessed lighting and an abundance of natural light that fills the space. The updated

    Andrea Eckman Century 21 Turner Brokers

    Section Image
  • 269 E Terrace Ave, Lakewood, NY 14750

    $199,900

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • 269 E Terrace Ave
    • Lakewood, NY

    If you've been dreaming of owning a waterfront home, this seasonal fixer-upper(has no heat) might be the perfect opportunity for you. Nestled in the picturesque Village of Lakewood, this vinyl-sided cottage offers a unique blend of potential and location. This cozy cottage includes 2 bedrooms and 1 bathroom, offering a simple yet functional layout. With 25ft. of lakefront, you can enjoy serene

    Richard Benedetto Real Estate Advantage

    Section Image
  • 15 Gifford Ave, Lakewood, NY 14750

    $139,000

    • 1 Bed
    • 1 Bath
    • 618 Sq Ft
    • 15 Gifford Ave
    • Lakewood, NY

    Welcome to 15 Gifford Avenue in Lakewood, NY!This charming and well-cared-for 1-bedroom, 1-bath lake cottage sits on a spacious double lot totaling 10,600 sq. ft. (0.25 acres) in one of Lakewood’s most desirable neighborhoods. While it’s officially a one-bedroom, the home includes a queen-sized Murphy bed and a pullout loveseat, providing comfortable space for 3–4 additional guests—making it

    Sarah Hallberg Lake Homes Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Deed $57,900 Samuel P Price
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,900 New Conventional
Closed $164,900 New Conventional
Previous Owner $73,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $170,000 -8.6% $110 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $185,900 -2.2% $120 / Sq Ft
08/03/2024 08/03/24 Price Changed $190,000 -5.0% $123 / Sq Ft
07/03/2024 07/03/24 For Sale $199,900 0.0% $129 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $199,900 -4.8% $129 / Sq Ft
05/09/2024 05/09/24 For Sale $209,900 0.0% $135 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $209,900 +623.8% $135 / Sq Ft
02/27/2019 02/27/19 Sold $29,000 -16.9% $24 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $34,900 -12.5% $29 / Sq Ft
09/10/2018 09/10/18 For Sale $39,900 -- $33 / 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 $3,126 $74,000 $5,700 $68,300
2023 $3,092 $74,000 $5,700 $68,300
2022 $2,909 $74,000 $5,700 $68,300
2021 $2,858 $74,000 $5,700 $68,300
2020 $2,804 $74,000 $5,700 $68,300
2019 $3,267 $74,000 $5,700 $68,300
2018 $3,267 $74,000 $5,700 $68,300
2017 $6,062 $74,000 $5,700 $68,300
2016 $5,367 $74,000 $5,700 $68,300
2015 -- $74,000 $5,700 $68,300
2014 -- $74,000 $5,700 $68,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1530967

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201 385.07-3-4 01