NOT LISTED FOR SALE

507 Edgewater Dr Westfield, NY 14787

Estimated Value: $118,000 - $194,000

2 Beds
2 Baths
864 Sq Ft
0.25 Acres

Last Sold April 22, 2021

Last sale price $82,000 $95 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,004/month

105 Days on Market

Highlights

  • 2,500 Feet of Waterfront
  • In Ground Pool
  • Vineyard
  • Fitness Center
  • Property is near a lake
  • Clubhouse

About This Home

As of April 2021

Lake Erie lakefront condo with large open waterfront balcony from which to enjoy the lake views and spectacular sunsets. The open living room, dining and kitchen makes it possible to enjoy the views from all of these spaces. The ensuite bedroom/bath provides private owner space and the guest bedroom has the use of the hall bath. Edgewater condominium offers an appealing, affordable year round lifestyle as a primary residence or a vacation getaway. Amenities include a pool, tennis, beach, community building, on site laundry, exercise room and a lakefront common room featuring expansive lake views, fireplace and kitchen - an ideal place for gathering and entertaining. Add to this, there are 50 acres to roam. Take this opportunity to enjoy the Edgewater lifestyle!

Last Agent to Sell the Property

Diana Holt

Listing by Howard Hanna Holt - Mayville License #30HO0853436 Listed on: 12/01/2020

Howard Hanna Holt - Mayville

Last Buyer's Agent

Edward Miller

Listing by ERA Team VP Real Estate License #10301204745

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1985

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Entrance Foyer
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property is near a lake
  • Balcony
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 2,500 Feet of Waterfront
  • Vineyard

Listing and Financial Details

  • Assessor Parcel Number 067289-208-000-0002-005-002-0C59

Community Details

Overview

  • Association fees include common area maintenance, common area taxes and insurance, common heating/cooling, exterior building maintenance, master insurance, reserve fund, snow removal, trash/garbage collection

Amenities

  • Clubhouse
  • Community Kitchen
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,838

Year Built

Built in 1985

Lot Details

0.25 Acres

Listing Details

  • HOA Fee Includes: Common Area Maintenance, Common Area Taxes And Insurance, Common Heating/Cooling, Exterior Building Maintenance, Master Insurance, Reserve Fund, Snow Removal, Trash/Garbage Collection
  • Unit Location: 2nd Floor
  • NY Swis Code: Westfield-067289
  • Total Assessed Value: 46100
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Beach/Water Access - See Remarks, Water View
  • Nearest Cross Street: route 5
  • Number of Stories: 1.0000
  • Property Type: Condo And Townhouse
  • Ratio Close Price By Acres: 328000.00
  • Ratio Close Price By Sq Ft: 94.91
  • Ratio List Price By Acres: 350000.00
  • Ratio List Price By Sq Ft: 101.27
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • School Tax: 1162
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type: Condo-Apartment Style
  • Type of Sale: Normal
  • Unit Floor Plan: One Level
  • Year Built Description: Existing
  • Lot Sq Ft: 10890
  • Ad Copy: Spectacular lake views, 2 br, 2 ba condo with furnishings. Pool, beach, 50A.
  • Ad Headline: Lakefront Condo
  • Age of Building: 37
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 864
  • Directions To Property: Rt 394 Westfield, go through traffic light until you get to the intersection of route 394 and route 5 turn left go approximately 2 miles down and condos will be on your right.
  • Sq Ft Total Pub: 864
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Furnished
  • Additional Rooms: Foyer/Entry Hall, Laundry-Common, Master Bedroom Bath, Porch - Open
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Disposal, Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 864

Exterior Features

  • Construction: Brick, Wood
  • Waterfront Name: Lake Erie
  • Additional Exterior Features: Balcony, Cable TV Available, Pool-In Ground, Vineyard
  • Number of Acres: 0.2500
  • Waterfront Description: Lake
  • Waterfront Frontage: 2500

Garage/Parking

  • Garage Description: No Garage
  • Parking Description: Open

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: AC Unit-Window, Baseboard, Municipal Electric
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Fees: 388
  • HOA Amenities: Clubhouse, Exercise, Kitchen, Pool, Tennis
  • HOA Fees Description: Monthly

Lot Info

  • Parcel Number: 067289-208-000-0002-005-002-0C59

Rental Info

  • Pets Allowed Types: Cats OK, Dogs OK, Number Limit

Tax Info

  • Total Taxes: 2838

MLS Schools

  • School District Name: Westfield Academy and Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Apr 16, 2021
Sold by
Lawrence Patrick J
Bought by
Michael A Mead And Lisa Gaye Shearing Living and Mead
Seller's Agent
Diana Holt
Howard Hanna Holt - Mayville
Buyer's Agent
Edward Miller
ERA Team VP Real Estate
List Price
$87,500
Sold Price
$82,000
Premium/Discount to List
-$5,500
-6.29%
Current Estimated Value
$164,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,582
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bolognese Russell J
Bought by
Lawrence Patrick

Purchase Details

Closed on
Jun 30, 2003
Sold by
Fritz Donald A
Bought by
Bolognese Nancy J
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
Michael A Mead And Lisa Gaye Shearing Living $82,000 Machowski Linda
Lawrence Patrick -- Andrew Freeman
Bolognese Nancy J $75,500 Dustin D Nelson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $82,000 -6.3% $95 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $87,500 -- $101 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,871 $46,100 $4,265 $41,835
2023 $1,828 $46,100 $4,265 $41,835
2022 $1,832 $46,100 $4,265 $41,835
2021 $1,833 $46,100 $4,265 $41,835
2020 $1,800 $46,100 $4,265 $41,835
2019 $1,817 $46,100 $4,265 $41,835
2018 $1,817 $46,100 $4,265 $41,835
2017 $3,229 $82,700 $4,265 $78,435
2016 $3,186 $82,700 $4,265 $78,435
2015 -- $82,700 $4,265 $78,435
2014 -- $82,700 $4,265 $78,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1309755

Chautauqua-Cattaraugus Board of REALTORS®

APN: 067289-208-000-0002-005-002-0C59

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