NOT LISTED FOR SALE

5420 E Lake Rd Romulus, NY 14541

Estimated Value: $599,000 - $961,224

3 Beds
1.5 Baths
1,088 Sq Ft
$744/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $685,000 $630 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,009/month

8 Days on Market

Highlights

  • Docks
  • Deck
  • Main Floor Bedroom
  • Beach Access
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2021

Opportunity awaits for this rare oversized lot located on the coveted east side of Seneca Lake. The home has been meticulously maintained and updated, including windows, siding, hardwood floors, kitchen, fireplace and more. Box-beam pile driven dock measures 90'; seawall is Endurance CSP Kevlar composite. Separate boathouse by the water on lakeshore with mature trees with a southern buffer from the neighbor offers room for development. Delayed negotiations until 7/13 at noon. Please make offers good for 48 hours.

Last Agent to Sell the Property

Nicholas Davoli

Listing by Century 21 Steve Davoli RE License #10301212705 Listed on: 07/06/2021

Century 21 Steve Davoli RE

Last Buyer's Agent

Nicholas Davoli

Listing by Century 21 Steve Davoli RE License #10301212705 Listed on: 07/06/2021

Century 21 Steve Davoli RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 1940

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 138x221
  • Rural Setting

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Den
  • Workshop
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Property is near a lake
  • Docks
  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 453600-010-000-0003-002-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,584

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • Lot Features: Residential Lot, Rural Lot, Views
  • Road Frontage Type: City Street
  • Water Body Name: Seneca Lake
  • Directions: Head south on E Lake Road.
  • Architectural Style: Bungalow, Cottage
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Den, Eat-in Kitchen, Separate/Formal Living Room, Living/Dining Room, Pantry, Partially Furnished, Natural Woodwork, Bedroom on Main Level, Workshop
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Propane Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.63
  • View: Yes
  • Waterfront Features: Beach Access, Lake, See Remarks, Water Access
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Deck, Dock, Gravel Driveway, Propane Tank - Leased, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Romulus

Lot Info

  • Parcel Number: 453600-010-000-0003-002-000-0000
  • Lot Dimensions: 138X221
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 8584.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 20, 2021
Sold by
Lipsey Robert S and Lipsey Diana L
Bought by
Sessler Kevin
Seller's Agent
Nicholas Davoli
Century 21 Steve Davoli RE
Buyer's Agent
Nicholas Davoli
Century 21 Steve Davoli RE
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Current Estimated Value
$809,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,056
Avg. Annual Appreciation
5.99%
Original Mortgage
$500,000
Outstanding Balance
$456,942
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$410,457

Purchase Details

Closed on
Jan 3, 2002
Sold by
Estate Of Richard T Bleck
Bought by
Lipsey Robert S
Source: Public Records

Range of Values:

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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
Sessler Kevin $685,000 None Available
Lipsey Robert S $170,000 David Dollinger
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sessler Kevin C $500,000
Previous Owner Lipsey Robert S $123,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $685,000 +5.4% $630 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $650,000 -- $597 / 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 $8,847 $266,000 $251,200 $14,800
2023 $8,847 $266,000 $251,200 $14,800
2022 $8,479 $266,000 $251,200 $14,800
2021 $8,555 $266,000 $251,200 $14,800
2020 $8,403 $266,000 $251,200 $14,800
2019 $2,866 $266,000 $251,200 $14,800
2018 $8,284 $266,000 $251,200 $14,800
2017 $8,079 $266,000 $251,200 $14,800
2016 $8,168 $266,000 $251,200 $14,800
2015 -- $266,000 $251,200 $14,800
2014 -- $266,000 $251,200 $14,800
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Davoli

    Seller's Agent in 2021

    Nicholas Davoli

    Century 21 Steve Davoli RE

    (315) 745-9340

    66 Total Sales

    Nicholas Davoli
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Map

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

MLS Number: R1349704

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453600-010-000-0003-002-000-0000

New York Seneca County Romulus 14456

5420 E Lake Rd, Romulus, NY

This home is located at 5420 E Lake Rd, Romulus, NY 14541 since 06 July 2021 and is currently estimated at $809,056, approximately $743 per square foot. This property was built in 1940. 5420 E Lake Rd is a home located in Seneca County with nearby schools including Romulus Central School.

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