NOT LISTED FOR SALE

5458 E Lake Rd Romulus, NY 14541

Estimated Value: $394,000 - $710,000

2 Beds
1 Bath
700 Sq Ft
$840/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $225,000 $321 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,687/month

17 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • 1 Fireplace
  • Property is near a lake
  • Wood Burning Stove
  • Cottage

About This Home

As of November 2015

Great value and investment opportunity! Lakeside cottage has boathouse w/roof deck and 100' of Seneca Lake shoreline...PLUS an additional 1.26 acre parcel across the street for your future building site! Enjoy the cottage as a weekend get-away or guest cottage when you build your new home. Add'l parcel currently has single wide mobile home with rental income & all separate utilities. Spanning lake views and beautiful sunsets! Call today!

Last Agent to Sell the Property

Kathy McLaughlin

Listing by Century 21 Steve Davoli RE License #30MC0538798 Listed on: 09/08/2015

Century 21 Steve Davoli RE

Last Buyer's Agent

Steve Wrobbel

Listing by Howard Hanna License #10301200127

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,314

Year Built

  • Built in 1940

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 633 x 100
  • 100 Feet of Waterfront

Home Design

  • Cottage
  • Block Foundation
  • Stucco

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Linoleum Flooring
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Property is near a lake
  • Deck

Utilities

  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 453600-10-3-15, 10-3-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,314

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Age: 75
  • NY Swis Code: Romulus-453089
  • Total Assessed Value: 237000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 633
  • Lot Dimension Front: 100
  • Lot Information: Beach/Water Access - See Remarks, Secondary Road, Water View
  • L P Per Acre: 160769.2308
  • List Price per Sq Ft: 328.4285
  • Nearest Cross Street: Deal Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 157342.66
  • Ratio Close Price By Sq Ft: 321.43
  • Ratio List Price By Acres: 160769.23
  • Ratio List Price By Sq Ft: 328.43
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 4776
  • Sale Price List Price: 0.9786
  • S P Per Acre: 157342.6573
  • S P Per Sq Ft: 321.4300
  • Styles of Residence: Cottage
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 229900.00
  • Year Built Description: Existing
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: From Routes 5 & 20, Route 96A south to East Lake Road. Property just south of Deal Road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Linoleum/Vinyl
  • Kitchen Appliances Included: Oven/Range Freestanding, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 700

Exterior Features

  • Construction: Stucco
  • Waterfront Name: Seneca Lake
  • Additional Exterior Features: Cable TV Available, Deck, Dock- see Remarks, High Speed Internet
  • Number of Acres: 1.4300
  • Waterfront Description: Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 453600-10-3-15, 10-3-16

Tax Info

  • Total Taxes: 7314

MLS Schools

  • School District Name: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Jun 5, 2014
Sold by
Shine Alexander Paul
Bought by
Sessler Kevin C
Seller's Agent
Sue Ellen Balluff
Senecayuga Properties
Buyer's Agent
Sue Ellen Balluff
Senecayuga Properties
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%
Current Estimated Value
$588,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,244
Avg. Annual Appreciation
9.81%
Original Mortgage
$160,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2014
Sold by
Seneca Cottage Llc
Bought by
Shine Alexander
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
Sessler Kevin C $200,000 William F. Mcgowan
Shine Alexander -- Neil Rubin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sessler Kevin C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2015 11/24/15 Sold $225,000 -2.1% $321 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $229,900 +15.0% $328 / Sq Ft
06/20/2014 06/20/14 Sold $200,000 -13.0% $277 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $229,900 -- $318 / 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 $7,256 $207,500 $200,000 $7,500
2023 $7,013 $207,500 $200,000 $7,500
2022 $6,725 $207,500 $200,000 $7,500
2021 $6,784 $207,500 $200,000 $7,500
2020 $6,683 $207,500 $200,000 $7,500
2019 $2,363 $207,500 $200,000 $7,500
2018 $6,586 $207,500 $200,000 $7,500
2017 $6,422 $207,500 $200,000 $7,500
2016 $6,492 $207,500 $200,000 $7,500
2015 -- $207,500 $200,000 $7,500
2014 -- $214,000 $200,000 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R283358

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453600-010-000-0003-015-000-0000