5071 E Lake Rd Cazenovia, NY 13035
Estimated Value: $2,422,000 - $3,460,000
4
Beds
6
Baths
5,441
Sq Ft
$535/Sq Ft
Est. Value
About This Home
This home is located at 5071 E Lake Rd, Cazenovia, NY 13035 and is currently estimated at $2,913,042, approximately $535 per square foot. 5071 E Lake Rd is a home located in Madison County with nearby schools including Burton Street Elementary School, Cazenovia Middle School, and Cazenovia High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2014
Sold by
Badami J Paul
Bought by
Costello John and Costello
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$559,696
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,353,346
Purchase Details
Closed on
Oct 14, 1997
Sold by
County Madison
Bought by
David Mcnitt J
Purchase Details
Closed on
Jun 24, 1997
Sold by
David Mcnitt J
Bought by
Madison County
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Costello John | $1,750,000 | -- | |
| David Mcnitt J | $12,735 | -- | |
| Madison County | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Costello John | $1,000,000 |
Source: Public Records
Tax History Compared to Growth
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 | $53,301 | $1,600,000 | $519,000 | $1,081,000 |
| 2023 | $51,709 | $1,600,000 | $519,000 | $1,081,000 |
| 2022 | $48,427 | $1,600,000 | $519,000 | $1,081,000 |
| 2021 | $48,614 | $1,600,000 | $519,000 | $1,081,000 |
| 2020 | $47,338 | $1,600,000 | $519,000 | $1,081,000 |
| 2019 | $45,381 | $1,600,000 | $519,000 | $1,081,000 |
| 2018 | $45,381 | $1,600,000 | $519,000 | $1,081,000 |
| 2017 | $45,069 | $1,600,000 | $519,000 | $1,081,000 |
| 2016 | $16,763 | $1,600,000 | $519,000 | $1,081,000 |
| 2015 | -- | $1,600,000 | $519,000 | $1,081,000 |
| 2014 | -- | $1,100,000 | $436,000 | $664,000 |
Source: Public Records
Map
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