NOT LISTED FOR SALE

5 Lake Dr Rhinebeck, NY 12572

Estimated Value: $578,000 - $763,000

2 Beds
1 Bath
1,008 Sq Ft
$681/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $422,900 $420 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,317/month

62 Days on Market

Highlights

  • Beach Front
  • Water Access
  • 20.31 Acre Lot
  • Chancellor Livingston Elementary School Rated A-
  • Lake View
  • Contemporary Architecture

About This Home

As of July 2019

Peace and serenity abound at this contemporary cottage which sits on 20 rolling acres and offers complete privacy at the end of a winding, tree-lined driveway. Featuring 2 bedrooms, 1 bathroom with a vaulted ceiling in the living room, the cottage offers a quiet retreat; the wrap-around porch is the perfect place to sit and enjoy the gorgeous views. A newly-finished 600-square foot studio offers a multitude of opportunities: yoga space, art studio or gym area. Multiple outbuildings dot the property along with a fenced-in garden that is prime for planting. Just over a half mile from the renowned Omega Institute, you will enjoy neighborhood access to their beach, lake, library, sanctuary, trails & tennis courts. There is plenty of acreage to expand and build your dream home overlooking the beautiful landscape, while renting out the cottage - which is currently a steady Airbnb due to its proximity to The Omega Institute. A perfect weekend getaway with many options for expansion!,AboveGrade:1008,InteriorFeatures:Electric Dryer Connection,Gas Stove Connection,FLOORING:Wood,Laminate,FOUNDATION:Block,Masonry,Level 1 Desc:SUNROOM, KITCHEN, LIVING, 2 BEDROOMS & FULL BATH,ROOF:Composition,Metal,Cooling:Ceiling Fan

Last Agent to Sell the Property

ANNE BUTLER

BHHS Hudson Valley Properties License #10301218737 Listed on: 05/09/2019

BHHS Hudson Valley Properties

Last Buyer's Agent

Marsha Bronfeld

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,861

Year Built

  • Built in 1955

Lot Details

  • 20.31 Acre Lot
  • Beach Front
  • Fenced
  • Level Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 1,008 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Crawl Space
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Patio
  • Porch

Schools

  • Chancellor Livingston Elementary Sch
  • Bulkeley Middle School
  • Rhinebeck Senior High School

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 13240000636800007524430000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,861

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Inclusions: Dryer,Refrigerator,Washer
  • Total Bedrooms: 2
  • Living Area: 1008
  • Window Features: Skylight(s)
  • SquareFootage: 1008.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, HardiPlank Type, Other
  • Waterfront Features: Beach Front, Water Access
  • Fencing: Fenced
  • View: Park/Greenbelt, Lake
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Heating: Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bulkeley Middle School

Lot Info

  • Lot Size Acres: 20.31
  • Lot Size Units: Acres
  • Lot Features: Level, Sloped, Wooded
  • Parcel Number: 13240000636800007524430000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6861
  • Tax Map Number: 13240000636800007524430000

MLS Schools

  • Elementary School: Chancellor Livingston Elementary Sch
  • High School: Rhinebeck Senior High School
  • Middle School District: Rhinebeck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 29, 2019
Sold by
Murphy Michael J and Murphy Dermot
Bought by
Long Garrett and Smithyman Paul
Seller's Agent
ANNE BUTLER
BHHS Hudson Valley Properties
Buyer's Agent
Marsha Bronfeld
List Price
$425,000
Sold Price
$422,900
Premium/Discount to List
-$2,100
-0.49%
Current Estimated Value
$686,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,224
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
Jul 26, 2013
Closed on
Jan 21, 2014
Sold by
Clifford Timothy
Bought by
Murphy Michael
Seller's Agent
Adele George
Berkshire Hathaway HomeService
Buyer's Agent
Adele George
Berkshire Hathaway HomeService
List Price
$359,000
Sold Price
$323,500
Premium/Discount to List
-$35,500
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$256,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Sold by
Longo Lawrence M
Bought by
Clifford Timothy J
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
Long Garrett -- --
Murphy Michael $323,500 Justin Cole
Murphy Michael $323,500 Justin Cole
Clifford Timothy J $275,000 Carl Ulrich
Clifford Timothy J $275,000 Carl Ulrich
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Michael $256,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2019 07/29/19 Sold $422,900 -0.5% $420 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $425,000 +31.4% $422 / Sq Ft
01/21/2014 01/21/14 Sold $323,500 -9.9% $247 / Sq Ft View Prior Sale
01/14/2014 01/14/14 Pending -- -- --
07/26/2013 07/26/13 For Sale $359,000 -- $274 / Sq Ft
Source: OneKey® MLS

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 $8,452 $535,000 $164,900 $370,100
2023 $8,161 $513,000 $164,900 $348,100
2022 $7,459 $449,000 $164,900 $284,100
2021 $6,563 $328,000 $149,900 $178,100
2020 $6,412 $305,000 $149,900 $155,100
2019 $6,706 $305,000 $149,900 $155,100
2018 $6,862 $305,000 $149,900 $155,100
2017 $6,929 $300,000 $149,900 $150,100
2016 $6,715 $300,000 $149,900 $150,100
2015 -- $300,000 $149,900 $150,100
2014 -- $300,000 $149,900 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM381174

OneKey® MLS

APN: 132400-6368-00-752443-0000