NOT LISTED FOR SALE

5075 Overlook Ave Bemus Point, NY 14712

Estimated Value: $583,000 - $820,000

4 Beds
1.5 Baths
2,100 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $470,000 $224 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,936/month

23 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Burning Stove
  • 1.25 Acre Lot

About This Home

As of November 2013

It’s all about location ! Perched on the eastern escarpment of Chautauqua Lake’s north basin is this well preserved lake home. Facing directly west with a scenic view of the Athenaeum Hotel at Chautauqa Institution, it doesn’t get much better than this. The home site is 1.25 acres with 110 feet of private lakefront. The home is bright with lots of glass, original hardwood floors and brick livingroom fireplace. The kitchen has been updated and adjoins the formal dinning room. Three bedrooms and full bath occupy the first floor. Each bedroom has a pedestal sink. On the second floor is additional living and sleeping space. A 14’ x 40’ dorm style room has been renovated and has its own half bath. Outside is a large lakeside deck, ground level brick patio, a two car garage and private boat dock.

Last Agent to Sell the Property

Wayne Reimondo

Listing by ERA Team VP Real Estate License #30RE1149305 Listed on: 09/07/2013

Last Buyer's Agent

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1927

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 500 x 102
  • 110 Feet of Waterfront
  • Lake Front

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,100 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 281.17-1-16.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,000

Year Built

Built in 1927

Lot Details

0

Listing Details

  • NY Swis Code: Ellery-063689
  • Total Assessed Value: 42500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 500
  • Lot Dimension Front: 102
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 376000.00
  • Ratio Close Price By Sq Ft: 223.81
  • Ratio List Price By Acres: 398400.00
  • Ratio List Price By Sq Ft: 237.14
  • Regional Board Code: Rochester
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Year Built Description: Existing
  • Age of Building: 96
  • Year Built: 1927
  • Directions To Property: Rt 430 to Chedwel Rd, left at end (Overlook) house on lakefront.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Full Bathrooms: 1
  • Number of Fireplaces Woodstoves: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 2100

Exterior Features

  • Waterfront Name: Chautauqua Lake
  • Number of Acres: 1.2500
  • Waterfront Description: Lake
  • Waterfront Frontage: 110

Garage/Parking

  • Number of Truck Bays: 2

Utilities

  • Heating Fuel Description: Gas

Schools

  • School District: Bemus Point

Lot Info

  • Parcel Number: 281.17-1-16.1

Tax Info

  • Total Taxes: 11000

MLS Schools

  • School District Name: Bemus Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2020
Sold by
Angelcrest Properties Llc
Bought by
Abood David J and Abood Christa J
Current Estimated Value
$710,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 2016
Sold by
Abood David J
Bought by
Angelcrest Properties Llc

Purchase Details

Listed on
Sep 7, 2013
Closed on
Nov 1, 2013
Sold by
Nolan Donald
Bought by
Abood David
Seller's Agent
Wayne Reimondo
ERA Team VP Real Estate
Buyer's Agent
Richard Benedetto
Real Estate Advantage
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$376,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Abood David J -- Misc Company
Angelcrest Properties Llc -- Gregory L Peterson
Abood David $470,000 Gregory Peterson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abood David J $998
Previous Owner Abood David $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $470,000 0.0% $224 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/07/2013 09/07/13 For Sale $470,000 -- $224 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $12,524 $425,000 $222,000 $203,000
2023 $12,369 $425,000 $222,000 $203,000
2022 $11,906 $425,000 $222,000 $203,000
2021 $6,583 $425,000 $222,000 $203,000
2020 $11,805 $425,000 $222,000 $203,000
2019 $11,589 $425,000 $222,000 $203,000
2018 $11,589 $425,000 $222,000 $203,000
2017 $11,640 $425,000 $222,000 $203,000
2016 $11,276 $425,000 $222,000 $203,000
2015 -- $425,000 $222,000 $203,000
2014 -- $425,000 $222,000 $203,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Wayne Reimondo

    ERA Team VP Real Estate

  • Richard Benedetto

    Buyer's Agent in 2013

    Richard Benedetto

    Real Estate Advantage

    (716) 665-9403

    34 in this area

    272 Total Sales

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1033136

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-281-017-0001-016-001

New York Chautauqua County Bemus Point 14712

5075 Overlook Ave, Bemus Point, NY

This home is located at 5075 Overlook Ave, Bemus Point, NY 14712 since 07 September 2013 and is currently estimated at $736,647, approximately $350 per square foot. This property was built in 1927. 5075 Overlook Ave is a home located in Chautauqua County with nearby schools including Bemus Point Elementary School and Maple Grove Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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