NOT LISTED FOR SALE

538 E Lake Rd Penn Yan, NY 14527

Estimated Value: $601,000 - $615,123

1 Bed
1 Bath
554 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $600,000 $1,083 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,566/month

31 Days on Market

Highlights

  • Property is near a lake
  • Cottage
  • Ductless Heating Or Cooling System
  • Waterfront
  • Eat-In Kitchen
  • Kitchen Island

About This Home

As of September 2024

Keuka Lake! This adorable cottage gives you everything you need. Public Water and Sewer. Property across the lower lake road upon which you can build your garage, workshop, or even a larger house. (plans are in attachments) Recently renovated with a new expansive deck. The frontage includes walk in beach and a boat house for your water toys. Includes dock and boat hoist. Very successful rental.
Rental records available upon request.) Don't miss this.

Last Agent to Sell the Property

Jan Corning

Listing by Howard Hanna Lake Group Brokerage Phone: 914-260-4704 License #10301223415 Listed on: 06/28/2024

Howard Hanna Lake Group

Co-Listed By

Kurt Owen

Listing by Empire Realty Group Brokerage Phone: 914-260-4704 License #10401374348

Last Buyer's Agent

Alan Wood

Listing by RE/MAX Plus License #49WO1164272

RE/MAX Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1923

Lot Details

  • 9,550 Sq Ft Lot
  • Lot Dimensions are 50x191
  • Waterfront
  • Irregular Lot

Home Design

  • Cottage
  • Block Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 554 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Property is near a lake

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 573089-097-022-0001-009-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,397

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1923
  • Attribution Contact: 914-260-4704
  • Lot Features: Irregular Lot, Other, See Remarks
  • Water Body Name: Keuka Lake
  • Co List Office Mls Id: HHLG01
  • Co List Office Phone: 315-536-2700
  • Directions: Proceed south from Penn Yan on State Route 54 approximately 4.5 miles. Make right onto G. Fullager. Turn left onto East Lake Road. Property is on the right in approximately 3/4 mile. Parking is across the street.
  • Architectural Style: Cottage
  • Flooring: Luxury Vinyl
  • Garage Yn: No
  • Interior Features: Eat-in Kitchen, Kitchen Island, Other, See Remarks
  • Unit Levels: One
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Full, Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.21
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Poured

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Ductless, Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless, Electric, Heat Pump
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 573089-097-022-0001-009-000-0000
  • Lot Dimensions: 50X191
  • Lot Size Sq Ft: 9550.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4397.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Sep 18, 2024
Sold by
Dean Lisa M
Bought by
Salvia Peter J
Seller's Agent
Jan Corning
Howard Hanna Lake Group
Buyer's Agent
Alan Wood
RE/MAX Plus
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Views
52
Current Estimated Value
$609,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,531
Avg. Annual Appreciation
1.25%

Purchase Details

Closed on
Apr 8, 2016
Sold by
Kuhl Steven
Bought by
Dean Lisa

Purchase Details

Closed on
Nov 30, 2011
Sold by
Field Arthur D
Bought by
Kuhl Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salvia Peter J $600,000 None Available
Salvia Peter J $600,000 None Available
Dean Lisa $186,000 Steven Barnstead
Dean Lisa $186,000 Steven Barnstead
Kuhl Steven D $155,000 Steven Barnstead
Kuhl Steven D $155,000 Steven Barnstead
Kuhl Steven D $155,000 None Available
Kuhl Steven D $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuhl Steven D $120,000
Previous Owner Kuhl Steven D $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $600,000 +0.2% $1,083 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $599,000 -- $1,081 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $4,470 $236,400 $164,800 $71,600
2023 $4,449 $236,400 $164,800 $71,600
2022 $4,969 $195,900 $105,300 $90,600
2021 $4,824 $195,900 $105,300 $90,600
2020 $4,931 $195,900 $105,300 $90,600
2019 $4,770 $195,900 $105,300 $90,600
2018 $4,770 $167,100 $105,300 $61,800
2017 $4,605 $167,100 $105,300 $61,800
2016 $4,604 $167,100 $105,300 $61,800
2015 -- $167,100 $105,300 $61,800
2014 -- $155,900 $112,400 $43,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1548632

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-097-022-0001-009-000-0000