NOT LISTED FOR SALE

54 Gorwydd Ln Cayuga, NY 13034

Estimated Value: $438,000 - $1,036,000

3 Beds
3 Baths
2,714 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $850,000 $313 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,670/month

About This Home

As of May 2021

Beautiful lakefront home on the East Shore of Cayuga Lake. Meticulously maintained craftsman built custom home featuring Amish Kitchen cabinets and built-ins, solid surface counter tops, and open living, dining and kitchen. The main level primary suite has a jetted tub, cozy den or office. Upstairs are two additional bedrooms, plus unfinished bonus space over garage For future expansion. Wraparound deck with cable railing system. Walk out lower level with wall of windows, wine cellar, superior wall foundation system, 10' ceilings plumbed for a bathroom. Located in a sought after planned lakefront community on the East Side of Cayuga Lake, where the lake bed is sandy, and some of the most spectacular sunsets in Upstate NY. A brand new dock was added last year to this fantastic property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 17, 2021
Sold by
Hallock Kevin F and Hallock Tina M
Bought by
Keeler William A and Keeler Theresa A
Seller's Agent
Lucy Missirian
Warren Real Estate of Ithaca Inc.
List Price
$845,000
Sold Price
$850,000
Premium/Discount to List
$5,000
0.59%
Current Estimated Value
$836,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,667
Avg. Annual Appreciation
-1.61%
Original Mortgage
$510,000
Outstanding Balance
$462,746
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,587

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 17, 2018
Sold by
Burczak Joseph D and Burczak Amy J
Bought by
Hallock Kevin F and Hallock Tina M
Seller's Agent
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
Buyer's Agent
Lucy Missirian
Warren Real Estate of Ithaca Inc.
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$520,000
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 23, 2005
Sold by
Gorwydd Development Co
Bought by
Burczak Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,700
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Keeler William A $850,000 None Available
Hallock Kevin F $650,000 --
Burczak Joseph $112,000 Anthony Dentino
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeler William A $510,000
Previous Owner Hallock Kevin F $520,000
Previous Owner Burczak Joseph $296,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $850,000 +0.6% $313 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $845,000 +30.0% $311 / Sq Ft
12/14/2018 12/14/18 Sold $650,000 -7.1% $276 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $699,900 -- $297 / Sq Ft

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 $14,573 $851,700 $257,900 $593,800
2023 $14,412 $762,700 $218,200 $544,500
2022 $14,964 $677,900 $208,500 $469,400
2021 $15,317 $677,900 $208,500 $469,400
2020 $11,055 $335,400 $105,400 $230,000
2019 $10,628 $335,400 $105,400 $230,000
2018 $10,628 $335,400 $105,400 $230,000
2017 $10,051 $335,400 $105,400 $230,000
2016 $10,411 $335,400 $105,400 $230,000
2015 -- $335,400 $105,400 $230,000
2014 -- $335,400 $105,400 $230,000
Source: Public Records

Agents Affiliated with this Home

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