NOT LISTED FOR SALE

542 E Lake Rd Penn Yan, NY 14527

Estimated Value: $1,175,000 - $1,450,000

4 Beds
5 Baths
3,600 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $636,000 $177 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,535/month

8 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Spa
  • Deck
  • Second Kitchen
  • Property is near a lake
  • Contemporary Architecture

About This Home

As of April 2013

KEUKA LAKE- Newly constructed 3/4 bedroom, 3 full & 2 half baths, east side, gorgeous custom kitchen with all granite tops and walk in pantry. Firplaces, central AC, master suite, 2nd kitchen/wet bar, 2 guest suites, attached garage, zoned sound system, and 75' lake frontage.

Last Agent to Sell the Property

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 02/14/2013

Century 21 Steve Davoli RE

Last Buyer's Agent

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 02/14/2013

Century 21 Steve Davoli RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 2007

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 152 x 75
  • 75 Feet of Waterfront
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Stone

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Studio bedroom
  • Cedar Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Wheelchair Accessible Bath
  • Accessible Kitchen
  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Spa
  • Property is near a lake
  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 573089-097-022-0001-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,000

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Accessibility: 32 Inch Doors - some, Wheelchair Bathroom, Wheelchair Hall - 4 ft plus, Wheelchair Kitchen
  • Age: 6
  • NY Swis Code: Milo-573089
  • Total Assessed Value: 494500
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 152
  • Lot Dimension Front: 75
  • Lot Information: Beach/Water Access - See Remarks, Primary Road, Secondary Road, Water View
  • Lot Shape: Irregular
  • L P Per Acre: 2500000.0000
  • List Price per Sq Ft: 187.5000
  • Nearest Cross Street: RTE.54
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 2355555.56
  • Ratio Close Price By Sq Ft: 176.67
  • Ratio List Price By Acres: 2500000.00
  • Ratio List Price By Sq Ft: 187.50
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 6000
  • Sale Price List Price: 0.9422
  • S P Per Acre: 2355555.5600
  • S P Per Sq Ft: 176.6700
  • Styles of Residence: 2 Story, Contemporary
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 675000.00
  • Year Built Description: Existing
  • Age of Building: 15
  • Year Built: 2007
  • Directions To Property: RTE. 54, 5 1/2 MILES SOUTH OF PENN YAN TO #542
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Cedar Closets, Ceiling Fan, Central Vacuum System, Circuit Breakers - Some, Pex Plumbing- Some, Skylight, Sliding Glass Door, Wet Bar, Whirlpool Tub
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Den/Study, Family Room, Great Room, Guest Suite, In-Law - see Remarks, Laundry-1st Floor, Laundry-2nd Floor, Living Room, Master Bedroom Bath, Porch - Open, Studio
  • Attic Description: Pull Down Stairs
  • Basement Description: Full, Partially Finished
  • Floor Description: Tile-Some
  • Kitchen Appliances Included: Convection, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Oven/Range Built-In, Refrigerator, Washer
  • Kitchen Dining Description: 2nd Kitchen, Breakfast Bar, Eat-In, Granite Counter, Living/Dining Combo, Walk-In Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 13
  • Half Bathrooms: 2
  • Total Bathrooms: 3.20
  • Total Bedrooms: 4
  • Total Sq Ft: 3600

Exterior Features

  • Construction: Composition, Stone
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Barbecue, Cable TV Available, Deck, Dock- see Remarks, Garage Door Opener, High Speed Internet, Hot Tub, Patio, Thermal Windows - Some
  • Number of Acres: 0.2700
  • Waterfront Description: Lake
  • Waterfront Frontage: 75

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Multi-Zone, Radiant
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Green Features

  • Energystar: Appliances

Lot Info

  • Parcel Number: 573089-097-022-0001-012

Tax Info

  • Total Taxes: 12000

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Somers John M and Somers Elizabeth K
Bought by
The Somers Family Revocable Living Trust and Somers
Current Estimated Value
$1,260,591

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 25, 2013
Sold by
Schwarting Robert H
Bought by
Somers John M and Somers Elizabeth K
Seller's Agent
Mark Malcolm
Century 21 Steve Davoli RE
Buyer's Agent
Mark Malcolm
Century 21 Steve Davoli RE
List Price
$675,000
Sold Price
$636,000
Premium/Discount to List
-$39,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$325,000
Outstanding Balance
$215,483
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,045,108
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Somers Family Revocable Living Trust -- None Available
Somers John M $636,000 None Available
Somers John M $636,000 None Available
Somers John M $636,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers John M $325,000
Closed Somers John M $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2013 04/24/13 Sold $636,000 -5.8% $177 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $675,000 -- $188 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $11,871 $692,100 $286,600 $405,500
2023 $118 $692,100 $286,600 $405,500
2022 $14,048 $649,900 $214,000 $435,900
2021 $13,566 $649,900 $214,000 $435,900
2020 $13,786 $649,900 $214,000 $435,900
2019 $14,271 $649,900 $214,000 $435,900
2018 $14,271 $614,000 $172,300 $441,700
2017 $13,753 $614,000 $172,300 $441,700
2016 $13,713 $614,000 $172,300 $441,700
2015 -- $614,000 $172,300 $441,700
2014 -- $494,500 $183,800 $310,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R202642

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-097-022-0001-012-000-0000