NOT LISTED FOR SALE

4881 Springport Cove Rd Cayuga, NY 13034

Estimated Value: $339,000 - $403,000

1 Bed
1 Bath
616 Sq Ft
$614/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $179,000 $291 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,473/month

70 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Cottage
  • 1-Story Property
  • Property is near a lake
  • Eat-In Kitchen

About This Home

As of April 2017

This property offers a large lot with 70 feet of frontage on Cayuga Lake. Located down a secluded road and frontage in the peaceful Springport Cove, renovate this 1950's lakefront cottage or build your dream home. All utilities already present, including public water, public sewer, cable, natural gas, and electric. This lot extends to both sides of Springport Cove road, with a large section on the lakefront, and another deep open lot directly across the quiet private road. Existing structure in need of renovations. Call today for your private tour.

Last Agent to Sell the Property

Daniel Toner

Listing by Century 21 Steve Davoli RE License #10401281611 Listed on: 12/05/2016

Century 21 Steve Davoli RE

Last Buyer's Agent

Daniel Toner

Listing by Century 21 Steve Davoli RE License #10401281611 Listed on: 12/05/2016

Century 21 Steve Davoli RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,967

Year Built

  • Built in 1955

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 384 x 70
  • 70 Feet of Waterfront

Home Design

  • Cottage
  • Bungalow

Interior Spaces

  • 616 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Property is near a lake

Utilities

  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • East Cayuga Reservation Community
  • East Cayuga Reservation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055401-140-008-0001-012-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,967

Year Built

Built in 1955

Lot Details

0

Listing Details

  • NY Swis Code: Union Springs-Village-055401
  • Total Assessed Value: 143800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 384
  • Lot Dimension Front: 70
  • Lot Information: Rural Road, Water View
  • Nearest Cross Street: Backus Rd
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 332219.75
  • Ratio Close Price By Sq Ft: 290.58
  • Ratio List Price By Acres: 333890.13
  • Ratio List Price By Sq Ft: 292.05
  • Regional Board Code: Rochester
  • School Tax: 2423
  • Styles of Residence: Bungalow, Cottage
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Village: Union Springs-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 23468
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: Heading south of State Route 90, turn right onto Backus Rd, left onto Springport Cove Rd, the first right. Sign on premises.
  • Subdivision Comm Complex: East Cayuga Reservation
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 3
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 616

Exterior Features

  • Construction: Concrete Block
  • Waterfront Name: Cayuga Lake
  • Number of Acres: 0.5388
  • Waterfront Description: Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Stove
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fees Description: Annually

Lot Info

  • Parcel Number: 055401-140-008-0001-012-001-0000

Tax Info

  • Total Taxes: 7967

MLS Schools

  • School District Name: Union Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Mar 27, 2017
Sold by
Morris Brian A and Walters Alanson F
Bought by
Casey Herbert M and Martens Diane
Seller's Agent
Daniel Toner
Century 21 Steve Davoli RE
Buyer's Agent
Daniel Toner
Century 21 Steve Davoli RE
List Price
$179,900
Sold Price
$179,000
Premium/Discount to List
-$900
-0.5%
Current Estimated Value
$378,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,462
Avg. Annual Appreciation
9.02%
Original Mortgage
$143,200
Outstanding Balance
$118,935
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$259,527

Purchase Details

Closed on
Oct 6, 2014
Sold by
Walters John R
Bought by
Morris Brian

Purchase Details

Closed on
Jan 3, 2005
Sold by
Walters Ardyce
Bought by
Walters John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Casey Herbert M $179,000 None Available
Morris Brian $150,000 Paul Berndt
Morris Brian A $150,000 None Available
Walters John -- Norman Chirco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Herbert M $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $179,000 -0.5% $291 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $179,900 -- $292 / 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 $5,823 $279,800 $212,000 $67,800
2023 $5,612 $244,500 $182,000 $62,500
2022 $5,109 $192,700 $182,000 $10,700
2021 $5,237 $192,700 $182,000 $10,700
2020 $5,630 $146,800 $84,000 $62,800
2019 $1,032 $146,800 $84,000 $62,800
2018 $5,134 $143,800 $84,000 $59,800
2017 $6,387 $143,800 $84,000 $59,800
2016 $7,684 $143,800 $84,000 $59,800
2015 -- $143,800 $84,000 $59,800
2014 -- $143,800 $84,000 $59,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1016005

Upstate New York Real Estate Information Services (UNYREIS)

APN: 055401-140-008-0001-012-001-0000