NOT LISTED FOR SALE

504 Scotts Lake Rd Salem, NY 12865

Estimated Value: $384,000 - $501,000

3 Beds
1.5 Baths
1,200 Sq Ft
$382/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $330,000 $275 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,136/month

412 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Stone Countertops

About This Home

As of February 2021

Lakeside Living ~ beautifully renovated year-round home on a landscaped parcel with wonderful lake frontage on the tranquil Scotts Lake. A light filled home with open floorplan featuring beautiful water views. Enjoyed is a kitchen with custom cabinetry & blue granite counters, hardwood flooring, master bedroom with deck overlooking the lake, family rm with cathedral ceilings, woodstove, and sunroom. Extensive stone retaining walls, tiered garden beds, fenced yard, gazebo, aluminum dock & paved driveway. Large, oversized 2 car garage with an office in the walk-out basement. Renovations include new siding (2018), new roof (2014), updated septic, drilled well, replacement windows & doors, new insulation, & much more. Move on in and enjoy the best of lakefront living! Dock, Excellent Condition, Custom Kitchen Feature

Last Agent to Sell the Property

Kristen Preble

Preble Realty LLC License #10491201084 Listed on: 10/07/2020

Co-Listed By

Chris Preble

Preble Realty LLC License #10491200879

Last Buyer's Agent

Kathleen Hearn

Spring City Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1970

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 149'x245'
  • Lake Front
  • Fenced
  • Landscaped
  • Sloped Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,200 Sq Ft Home
  • Paddle Fans
  • Fireplace
  • Wood Burning Stove
  • Sliding Doors
  • Wood Flooring
  • Partial Basement
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Drilled Well
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 534800 192.1-1-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,449

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Directions: Route 22 to Scott Lake Rd. or County Route 30 to Smith Rd. to Scott Lake Rd. or Chamberlain Mills Rd. to Scotts Lake Rd.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Ranch
  • Financial Details Full Market Assessment: 163053
  • Financial Details General Taxes: 1843.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2606.0
  • School Taxes Description: Estimated
  • Financial Details Tax Assessed Value: 92940.0
  • Lot Size Acres: 0.6
  • Lot Size: 149'x245'
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: At Closing
  • Primary Bedroom Level: First
  • Sale Detail Seller Contribution: No
  • Water Body Name: Scott Lake
  • Co List Office Mls Id: o2222A
  • Co List Office Phone: 518-854-7888
  • Garage Yn: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Hardwood: Yes
  • Architectural Style:Ranch: Yes
  • Appliances Microwave: Yes
  • Flooring:Wood: Yes
  • Fencing:Fenced: Yes
  • Water Softeners: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Hardwood
  • Basement: Partial
  • Interior Amenities: High Speed Internet, Paddle Fan, Solid Surface Counters
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Water Softener
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Wood Burning Stove, Family Room
  • Living Area: 1200.0
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Sunroom Level: First
  • Entry Location: First
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Kitchen Features:Working Only Kitchen: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Partial: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: Drive-Paved, Garden
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Fenced
  • Other Structures: Gazebo, Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Sliding Doors: Yes
  • Exterior Features:Drive-Paved: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Sloped: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Garden: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Workshop in Garage, Paved, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Heating: Forced Air, Oil, Wood, Wood Stove
  • Laundry Features: Main Level
  • Water Source: Drilled Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Wood Stove: Yes
  • Heating:Wood3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Salem

Lot Info

  • Lot Features: Sloped, Views, Cleared, Landscaped, Waterfront
  • Parcel #: 534800 192.1-1-20
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4449.0
  • Tax Block: 1
  • Tax Lot: 20
  • Tax Tract: 192.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Feb 4, 2021
Sold by
Giumarra James A and Giumarra Linda A
Bought by
Richman Barry K and Richman Janet L
Seller's Agent
Kristen Preble
Preble Realty LLC
Buyer's Agent
Kathleen Hearn
Spring City Realty
List Price
$369,900
Sold Price
$330,000
Premium/Discount to List
-$39,900
-10.79%
Current Estimated Value
$458,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,780
Avg. Annual Appreciation
7.23%
Original Mortgage
$200,000
Outstanding Balance
$178,567
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$280,213

Purchase Details

Closed on
Aug 17, 2010
Sold by
Foust Paul
Bought by
Fleming Liesl

Purchase Details

Closed on
Dec 17, 2001
Sold by
Chapman Dolores
Bought by
Giumarra James A
Source: Public Records

Range of Values:

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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
Richman Barry K $330,000 None Available
Fleming Liesl $139,900 --
Giumarra James A $7,500 John V Imhof
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richman Barry K $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $330,000 -10.8% $275 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $369,900 0.0% $308 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $369,900 -5.1% $308 / Sq Ft
01/02/2020 01/02/20 For Sale $389,900 +18.2% $325 / Sq Ft
12/16/2019 12/16/19 Off Market $330,000 -- --
10/01/2019 10/01/19 For Sale $389,900 -- $325 / Sq Ft
Source: Global 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 $8,518 $330,000 $48,900 $281,100
2023 $8,349 $330,000 $48,900 $281,100
2022 $7,104 $330,000 $48,900 $281,100
2021 $6,261 $126,892 $31,300 $95,592
2020 $4,486 $92,940 $31,300 $61,640
2019 $4,440 $92,940 $31,300 $61,640
2018 $4,440 $92,940 $31,300 $61,640
2017 $4,274 $92,940 $31,300 $61,640
2016 $4,336 $92,940 $31,300 $61,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201931932

Global MLS

APN: 534800-192-001-0001-020-000-0000