NOT LISTED FOR SALE

5224 Oak Harbor Ln Trumansburg, NY 14886

Estimated Value: $972,000 - $1,478,000

4 Beds
3.5 Baths
3,558 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $999,000 $281 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,867/month

9 Days on Market

Highlights

  • Boat Dock
  • Property is near a lake
  • Marble Flooring
  • Charles O. Dickerson High School Rated 9+
  • Deck
  • 2 Fireplaces

About This Home

As of August 2021

Welcome to this stunning post & beam home with exceptional lake views located in Oak Harbor. Over 3500 sq ft on three levels. Main level custom master suite with private balcony and walk-in closet. Great room with stone hearth fireplace and soaring ceilings with cascading windows allowing for an abundance of natural light and views of the lake. Gourmet kitchen with granite counters, sleek stainless-steel appliances, and large island. Great floor plan offers a finished walk-out lower level, with another stone fireplace, leading to a lovely stone patio. Exclusive lake ownership for association households includes 300' of shoreline, large T-shaped dock and boat lift. Savor the peace of lake life without the maintenance. You'll love the year-round lake living on a town owned road close to the Village of Trumansburg, only minutes to the hospital and only a short 20 min drive to Cornell.

Last Agent to Sell the Property

Jamie Yaman

Listing by Yaman Real Estate License #10491206200 Listed on: 06/09/2021

Last Buyer's Agent

Michael Hardesty

Listing by Dropped Members License #10401277420

Dropped Members

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,944

Year Built

  • Built in 2010

Lot Details

  • 1.98 Acre Lot
  • Lot Dimensions are 340 x 550

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,558 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Property is near a lake
  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 452089-021-000-0002-040-012-0000

Community Details

Overview

  • The community has rules related to deed restrictions

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,944

Year Built

Built in 2010

Lot Details

0

Listing Details

  • NY Swis Code: Covert-452089
  • Total Assessed Value: 828000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 340
  • Lot Dimension Front: 550
  • Lot Information: Beach/Water Access - See Remarks, Deed Restriction
  • Lot Number: 40
  • Nearest Cross Street: Rte 89 N
  • Number of Stories: 3.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 504545.45
  • Ratio Close Price By Sq Ft: 280.78
  • Ratio List Price By Acres: 504545.45
  • Ratio List Price By Sq Ft: 280.78
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 14900
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 86249
  • Age of Building: 12
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 2692
  • Directions To Property: Rte. 89 N, 1 Mile Past Taughannock Park. First house on the right. Square footage was taken from the attached floor plans for livable space.
  • Sq Ft Total Pub: 3529
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2010

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: 1st Floor Bedroom
  • Basement Description: Exterior Walkup/Bulkhead Doors, Finished, Full
  • Floor Description: Hardwood-Some, Marble-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • Total Sq Ft: 3558

Exterior Features

  • Waterfront Name: Cayuga Lake
  • Additional Exterior Features: Deck, Patio
  • Number of Acres: 1.9800
  • Waterfront Description: Lake

Garage/Parking

  • Driveway Description: Pavers
  • Garage Description: Attached
  • Number of Garage Spaces: 3.0000

Utilities

  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Condo/Co-op/Association

  • HOA Fees: 1925
  • HOA Amenities: Dock(S)
  • HOA Fees Description: Annually

Schools

  • School District: Trumansburg

Lot Info

  • Parcel Number: 452089-021-000-0002-040-012-0000

Tax Info

  • Total Taxes: 20944

MLS Schools

  • School District Name: Trumansburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 30, 2021
Sold by
Kimberly F Gutchess Lt
Bought by
Ejmj Ft
Seller's Agent
Jamie Yaman
Yaman Real Estate
Buyer's Agent
Michael Hardesty
Dropped Members
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,270,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,626
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Oct 13, 2017
Sold by
Gutchess Gary and Fassett-Gutchess Kimberly
Bought by
K Fasett Gutchess Lt

Purchase Details

Closed on
May 22, 2016
Sold by
Young Brett
Bought by
Gutchess Gary and Gutchess
Source: Public Records

Range of Values:

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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
Ejmj Ft $999,000 None Available
K Fasett Gutchess Lt -- --
Gutchess Gary $828,000 Holly Wallace
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ypung Brett $686,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $999,000 0.0% $281 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $999,000 -- $281 / Sq Ft
Source: Cortland County 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 $23,966 $849,150 $174,000 $675,150
2023 $23,966 $849,150 $174,000 $675,150
2022 $25,216 $940,000 $174,000 $766,000
2021 $6,597 $828,000 $174,000 $654,000
2020 $6,635 $828,000 $174,000 $654,000
2019 $6,635 $828,000 $174,000 $654,000
2018 $6,561 $828,000 $174,000 $654,000
2017 $6,485 $828,000 $174,000 $654,000
2016 $21,723 $828,000 $174,000 $654,000
2015 -- $403,000 $36,000 $367,000
2014 -- $403,000 $36,000 $367,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1343309

Cortland County Board of REALTORS®

APN: 452089-021-000-0002-040-012-0000