NOT LISTED FOR SALE

488 E Lake Rd Penn Yan, NY 14527

Estimated Value: $584,000 - $1,508,000

3 Beds
2 Baths
1,904 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $272,000 $143 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $4,572/month

110 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Property is near a lake
  • Raised Ranch Architecture
  • Workshop

About This Home

As of August 2012

Keuka Lake: Nicely maintained 3 bedroom, 2 bath, one car attached garage year round raised ranch on 100 feet of east side lake frontage with a 300 foot deep lot. Over 1990 sq feet of living space with a floor plan that works great with lake living and summer guests. All public utilities offered. Made for relaxing and fun.

Last Agent to Sell the Property

Carol Genecco

Listing by Howard Hanna Lake Group License #10301219482 Listed on: 03/23/2012

Howard Hanna Lake Group

Last Buyer's Agent

Sarah Wilson

Listing by Keller Williams Realty Gateway License #10401207440

Keller Williams Realty Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,071

Year Built

  • Built in 1952

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 300 x 100
  • 100 Feet of Waterfront

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Sliding Doors
  • Living Room
  • Workshop
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Property is near a lake
  • Deck
  • Shed

Schools

  • Penn Yan Elementary School
  • Penn Yan Middle School
  • Penn Yan Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 573089-085-070-0001-002-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,071

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 60
  • NY Swis Code: Milo-573089
  • Total Assessed Value: 401300
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 300
  • Lot Dimension Front: 100
  • Lot Information: Beach/Water Access - See Remarks, Secondary Road, Water View
  • L P Per Acre: 462318.8400
  • List Price per Sq Ft: 167.5420
  • Nearest Cross Street: State Route 54
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 394202.90
  • Ratio Close Price By Sq Ft: 142.86
  • Ratio List Price By Acres: 462318.84
  • Ratio List Price By Sq Ft: 167.54
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 4241
  • Sale Price List Price: 0.8526
  • S P Per Acre: 394202.9000
  • S P Per Sq Ft: 142.8571
  • Styles of Residence: Raised Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 319000.00
  • Year Built Description: Existing
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: From the Village of Penn Yan take Rt 54 South approx 4 miles and turn right at George Fullagar Rd and left onto East Lake Rd.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Laundry-Basement, Living Room, Workshop
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dryer, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1904

Exterior Features

  • Construction: Composition
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, Thermal Windows - Some
  • Number of Acres: 0.6900
  • Waterfront Description: Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 573089-085-070-0001-002-000-0000

Tax Info

  • Total Taxes: 9071

MLS Schools

  • Elementary School Name: Penn Yan Elementary
  • High School Name: Penn Yan Academy
  • Middle School Name: Penn Yan Middle
  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
Aug 31, 2012
Sold by
Spearing Thomas J
Bought by
Harford Alma
Seller's Agent
Carol Genecco
Howard Hanna Lake Group
Buyer's Agent
Sarah Wilson
Keller Williams Realty Gateway
List Price
$345,000
Sold Price
$272,000
Premium/Discount to List
-$73,000
-21.16%
Current Estimated Value
$754,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,859
Avg. Annual Appreciation
8.95%

Purchase Details

Listed on
Mar 23, 2012
Closed on
Aug 30, 2012
Sold by
Spearing Thomas J
Bought by
Harford Alma
Seller's Agent
Carol Genecco
Howard Hanna Lake Group
Buyer's Agent
Sarah Wilson
Keller Williams Realty Gateway
List Price
$345,000
Sold Price
$272,000
Premium/Discount to List
-$73,000
-21.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harford Alma $262,000 David P Miller
Harford Alma $272,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $272,000 -21.2% $143 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $345,000 -- $181 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $7,741 $437,800 $237,400 $200,400
2023 $77 $437,800 $237,400 $200,400
2022 $8,349 $364,900 $194,400 $170,500
2021 $8,078 $364,900 $194,400 $170,500
2020 $7,540 $364,900 $194,400 $170,500
2019 $6,387 $364,900 $194,400 $170,500
2018 $6,387 $272,000 $210,000 $62,000
2017 $6,152 $272,000 $210,000 $62,000
2016 $6,142 $272,000 $210,000 $62,000
2015 -- $272,000 $210,000 $62,000
2014 -- $272,000 $207,300 $64,700
Source: Public Records

Agents Affiliated with this Home

  • Carol Genecco

    Seller's Agent in 2012

    Carol Genecco

    Howard Hanna

    (315) 719-4332

    1 in this area

    36 Total Sales

    Carol Genecco
    Section Image
  • Sarah Wilson

    Buyer's Agent in 2012

    Sarah Wilson

    Keller Williams Realty Gateway

    (315) 842-6704

    18 Total Sales

    Sarah Wilson
    Section Image
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Map

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

MLS Number: R179348

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-085-070-0001-002-000-0000

New York Yates County Penn Yan 14527

488 E Lake Rd, Penn Yan, NY

Not Listed for Sale

Detached

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