NOT LISTED FOR SALE

550 E Lake Rd Penn Yan, NY 14527

Estimated Value: $691,000 - $981,000

3 Beds
1 Bath
1,080 Sq Ft
$735/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $285,000 $264 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $4,935/month

307 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Cape Cod Architecture
  • Porch
  • Property is near a lake
  • Eat-In Country Kitchen
  • 1 Car Attached Garage

About This Home

As of September 2013

This home is located at 550 E Lake Rd, Penn Yan, NY 14527 since 16 October 2012 and is currently estimated at $793,644, approximately $734 per square foot. This property was built in 1932. 550 E Lake Rd is a home located in Yates County with nearby schools including Penn Yan Elementary School, Penn Yan Middle School, and Penn Yan Academy.

Last Agent to Sell the Property

Floyd Lane

Listing by Keuka Lake & Land Realty License #10301209940 Listed on: 10/16/2012

Last Buyer's Agent

Floyd Lane

Listing by Keuka Lake & Land Realty License #10301209940 Listed on: 10/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,940

Year Built

  • Built in 1932

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 173 x 121
  • 100 Feet of Waterfront

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,080 Sq Ft Home
  • Living Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Country Kitchen
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Driveway

Outdoor Features

  • Property is near a lake
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Oil
  • The lake is a source of water for the property
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 573089-097.030-0001-018.0000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,940

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Age: 80
  • NY Swis Code: Milo-573089
  • Total Assessed Value: 418000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 173
  • Lot Dimension Front: 121
  • Lot Information: Beach/Water Access - See Remarks, Primary Road, Water View
  • L P Per Acre: 727083.3300
  • List Price per Sq Ft: 323.1481
  • Nearest Cross Street: G Fullagar
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 593750.00
  • Ratio Close Price By Sq Ft: 263.89
  • Ratio List Price By Acres: 727083.33
  • Ratio List Price By Sq Ft: 323.15
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 5600
  • Sale Price List Price: 0.8166
  • S P Per Acre: 593750.0000
  • S P Per Sq Ft: 263.8900
  • Styles of Residence: Cape Cod
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 349000.00
  • Year Built Description: Existing
  • Age of Building: 90
  • Year Built: 1932
  • Directions To Property: Penn yan, south on route 54, right on G Fullager, left on E. lake rd. Property will be on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1932

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1080

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Keuka Lake
  • Number of Acres: 0.4800
  • Waterfront Description: Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway Description: Blacktop, Parking Area
  • Garage Description: Attached, Under House
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Available, Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 573089-097.030-0001-018.0000000

Tax Info

  • Total Taxes: 10940

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
Sep 16, 2013
Sold by
Quade Douglas S and Quade Susan L
Bought by
Rynone Katherine and Rynone James
Seller's Agent
Floyd Lane
Keuka Lake & Land Realty
Buyer's Agent
Floyd Lane
Keuka Lake & Land Realty
List Price
$349,000
Sold Price
$285,000
Premium/Discount to List
-$64,000
-18.34%
Current Estimated Value
$797,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,624
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Jun 23, 2008
Sold by
Fritz Phyllis A Pease, Carol K
Bought by
Quade Douglas S
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
Rynone Katherine $285,000 None Available
Quade Douglas S $388,000 Donald A Schneider
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $285,000 -18.3% $264 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
10/16/2012 10/16/12 For Sale $349,000 -- $323 / 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 $9,229 $529,400 $312,800 $216,600
2023 $9,182 $529,400 $312,800 $216,600
2022 $9,765 $435,700 $295,300 $140,400
2021 $9,442 $435,700 $295,300 $140,400
2020 $8,686 $435,700 $295,300 $140,400
2019 $7,359 $335,700 $295,300 $40,400
2018 $7,359 $285,000 $250,000 $35,000
2017 $7,100 $285,000 $250,000 $35,000
2016 $7,091 $285,000 $250,000 $35,000
2015 -- $285,000 $250,000 $35,000
2014 -- $285,000 $250,000 $35,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Floyd Lane

    Keuka Lake & Land Realty

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Map

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

MLS Number: R195280

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-097-030-0001-018-001-0000

New York Yates County Penn Yan 14527

550 E Lake Rd, Penn Yan, NY

Not Listed for Sale

Detached

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