NOT LISTED FOR SALE

5470 Java Lake Rd Arcade, NY 14009

Estimated Value: $85,000 - $185,000

2 Beds
1 Bath
720 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $55,000 $76 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $827/month

82 Days on Market

Highlights

  • Secluded Lot
  • Partial Attic
  • Formal Dining Room
  • Wood Flooring
  • Log Cabin
  • Woodwork

About This Home

As of May 2018

Welcome to your little piece of heaven! Perfect for a seasonal getaway or live in year round, this quaint log home will have everything you need. Featuring 2 bedrooms, 1 full bath, formal dining room, french doors to a patio overlooking a nice yard. Large shed for storage that has a metal roof. Views of the Lake. Can't get better than that. So make your appointment today! Easy to show!

Last Listed By

Michael Wilson

Listing by Michael Wilson Realty LLC License #49WI1146749 Listed on: 12/07/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 9,807 Sq Ft Lot
  • Lot Dimensions are 100 x 98
  • Secluded Lot

Home Design

  • Log Cabin
  • Bungalow
  • Partial Copper Plumbing

Interior Spaces

  • 720 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Partial Attic
  • Gas Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 36
  • Assessor Parcel Number 563600-140-008-0002-036-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Java-563600
  • Total Assessed Value: 70200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 98
  • Lot Information: Secluded, Water View
  • Lot Number: 36
  • Nearest Cross Street: Chaffee Rd
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 244335.85
  • Ratio Close Price By Sq Ft: 76.39
  • Ratio List Price By Acres: 288316.30
  • Ratio List Price By Sq Ft: 90.14
  • Regional Board Code: Buffalo
  • School Tax: 5893
  • Styles of Residence: Bungalow, Log Home
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 9807
  • Age of Building: 90
  • Year Built: 1932
  • Directions To Property: From Route 78, west on Chaffee Rd, north on Java Lake Rd
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1932

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Living Room
  • Attic Description: Partial
  • Basement Description: Crawl Space
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 720

Exterior Features

  • Construction: Log Home
  • Additional Exterior Features: Patio
  • Number of Acres: 0.2251

Garage/Parking

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

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Pioneer

Lot Info

  • Parcel Number: 563600-140-008-0002-036-000-0000

Tax Info

  • Total Taxes: 7052

MLS Schools

  • School District Name: Pioneer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 29, 2018
Sold by
Christiana T and Christry Tr Susan
Bought by
Mitman David N
Seller's Agent
Michael Wilson
Michael Wilson Realty LLC
Buyer's Agent
David Zilker
ERA Team VP Real Estate - Arcade
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Total Days on Market
82
Current Estimated Value
$127,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,052
Avg. Annual Appreciation
13.27%
Original Mortgage
$53,350
Outstanding Balance
$46,521
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,399

Purchase Details

Closed on
Oct 10, 2017
Sold by
Kowalczyk Teresa
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Mar 1, 2010
Sold by
Hall John
Bought by
Hall John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mason Philip J Sandra L
Bought by
Hall John W Kristine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,350
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1996
Sold by
Fechter Michael
Bought by
Mason Philip J and Mason Sandra L

Range of Values:

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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
Mitman David N $55,000 --
Wilmington Svgs Fund Soc $72,740 --
Hall John -- --
Hall John W Kristine K $61,800 Margaret Dadd
Mason Philip J $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitman David N $53,350
Previous Owner Hall John $63,000
Previous Owner Hall John W Kristine K $61,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $55,000 -15.3% $76 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $64,900 -7.2% $90 / Sq Ft
12/07/2017 12/07/17 For Sale $69,900 -- $97 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,837 $72,000 $7,300 $64,700
2023 $1,837 $72,000 $7,300 $64,700
2022 $1,813 $72,000 $7,300 $64,700
2021 $1,872 $72,000 $7,300 $64,700
2020 $1,917 $72,000 $7,300 $64,700
2019 $1,956 $72,000 $7,300 $64,700
2018 $1,956 $72,000 $7,300 $64,700
2017 $2,358 $70,200 $5,300 $64,900
2016 $2,342 $70,200 $5,300 $64,900
2015 -- $70,200 $5,300 $64,900
2014 -- $70,200 $5,300 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1090423

Western New York Real Estate Information Services (WNYREIS)

APN: 563600-140-008-0002-036-000-0000