NOT LISTED FOR SALE

5503 Broadway St Bemus Point, NY 14712

Estimated Value: $2,204,000 - $3,060,658

10 Beds
10 Baths
10,224 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $2,400,000 $235 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,908/month

58 Days on Market

Highlights

  • 275 Feet of Waterfront
  • Sauna
  • 4.22 Acre Lot
  • Barn
  • Property is near a lake
  • Deck

About This Home

As of December 2023

Nearly 300 feet of gorgeous lake frontage with some of the most spectacular sunsets on the Lake, a magical setting on over 4 acres with a private entrance, and an impressive home that was designed for fun times to be shared year-round. Eat-in chef’s kitchen has beautiful lake views and is ready for entertaining with oceans of granite countertops, 2 dishwashers and 2 sinks. It opens up to a dining area that can accommodate a gigantic dining table or serve as a dining/sitting room and is lined with windows that overlook an enormous deck that is partially covered and partially open–and with beautiful Lake views as well as a great room with cathedral ceilings and stone fireplace. The 1st-floor Ensuite, Lakeside Bedroom has a private sitting room with a fireplace and deck access. Main level laundry and 2 half Baths. 8 large Bedrms, plus a 40x40 bunk room, 4 full Baths, and nice storage are featured on the 2nd level. The lower level hosts a lakefront, walk-out patio, a sprawling game room with FP and bar, an office, 2.5 baths, sauna, and loads of storage. 3 garage bays attached, 3 bays detached with upper storage, and dock. Central AC, generator.

Last Agent to Sell the Property

Karen Goodell

Listing by ERA Team VP Real Estate Brokerage Phone: 917-670-1900 License #30GO0755196 Listed on: 06/06/2023

Last Buyer's Agent

Rick and Julia McMahon

Listing by Real Estate Advantage License #30MC0780823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,328

Year Built

  • Built in 1990

Lot Details

  • 4.22 Acre Lot
  • Lot Dimensions are 499 x 340
  • 275 Feet of Waterfront
  • Secluded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 10,224 Sq Ft Home
  • 2.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Partially Furnished
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Kitchen and Living
  • Home Office
  • Sauna
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Grill
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Full Attic
  • Attic Fan
  • Scuttle Attic Hole

Home Security

  • Security System Owned
  • Intercom

Parking

  • 6 Car Garage
  • Circular Driveway

Outdoor Features

  • Property is near a lake
  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Bemus Elementary School
  • Maple Grove Junior-Senior High School

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Water Rights
  • Well
  • Gas Water Heater
  • Water Purifier
  • Water Softener is Owned

Additional Features

  • Accessible Bedroom
  • Barn

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 063689-298-019-0001-034-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,328

Year Built

Built in 1990

Lot Details

4.22 Acres

Listing Details

  • Accessibility: Entry Level Bedroom, No Step Laundry
  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Ellery-063689
  • Total Assessed Value: 1700000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 499
  • Lot Dimension Front: 340
  • Lot Information: Secluded
  • Lot Number: 34
  • Nearest Cross Street: Route 430
  • Number of Stories: 2.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 568720.38
  • Ratio Close Price By Sq Ft: 234.74
  • Ratio List Price By Acres: 638625.83
  • Ratio List Price By Sq Ft: 263.60
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 27547
  • Styles of Residence: 2 Story, Contemporary
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 169884
  • Age of Building: 33
  • Garage Amenities: Bay(s)
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 6940
  • Directions To Property: From Route 430, turn onto Broadway Street, and driveway to 5503 Broadway is on your left.
  • Sq Ft Total Pub: 10224
  • Attribution Contact: 917-670-1900
  • EnergyEquipment: Other
  • WaterRelatedFeatures: Deeded Water Rights, Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1990

Interior Features

  • Full Bathrooms: 7
  • Additional Interior Features: Attic Fan, Cathedral Ceiling, Ceiling Fan, Central Vacuum System, Furnished-Partially, Intercom, Natural Woodwork - some, Sauna, Security System - Owned, Water Purification System, Water Softener - Owned, Wet Bar
  • Additional Rooms: 1st Floor Primary Bedroom, Basement / Rec Room, Den/Study, Family Room, Foyer/Entry Hall, Great Room, Laundry-1st Floor, Living Room, Office, Porch - Open
  • Attic Description: Full, Scuttle Access
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator, Surface Grill, Washer, Wine Chiller(s)
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Granite Counter, Island, Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 9
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 4
  • Number of Full Bathrooms in the Basement: 2
  • Number of 1st Floor Half Bathrooms: 2
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 30
  • Half Bathrooms: 3
  • Total Bathrooms: 7.30
  • Total Bedrooms: 10
  • Total Sq Ft: 10224

Exterior Features

  • Construction: Brick, Wood
  • Waterfront Name: Chautauqua Lake
  • Additional Exterior Features: Balcony, Deck, Dock- see Remarks, Patio
  • Number of Acres: 4.2200
  • Waterfront Description: Lake
  • Waterfront Frontage: 275

Garage/Parking

  • Driveway Description: Blacktop, Circular, Parking Area
  • Garage Description: Attached, Detached
  • Number of Garage Spaces: 6.0000

Utilities

  • Emergency Backup Systems: Generator - Permanent
  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Baseboard, Forced Air, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 063689-298-019-0001-034-000

Tax Info

  • Total Taxes: 49328

MLS Schools

  • Elementary School Name: Bemus Elementary
  • High School Name: Maple Grove Junior-Senior High
  • School District Name: Bemus Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Nov 24, 2023
Sold by
James R Stover Qualified Personal Reside
Bought by
Sumner Daniel J and Smith-Sumner Alissa L
Seller's Agent
Karen Goodell
ERA Team VP Real Estate
Buyer's Agent
Rick and Julia McMahon
Real Estate Advantage
List Price
$2,695,001
Sold Price
$2,400,000
Premium/Discount to List
-$295,001
-10.95%
Views
648
Current Estimated Value
$2,652,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,553
Avg. Annual Appreciation
4.81%
Source: Public Records
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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
Sumner Daniel J $2,400,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $2,400,000 0.0% $235 / Sq Ft
12/06/2023 12/06/23 Off Market $2,400,000 -- --
08/28/2023 08/28/23 For Sale $2,695,001 0.0% $264 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $2,695,001 0.0% $264 / Sq Ft
06/06/2023 06/06/23 For Sale $2,695,000 -- $264 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $51,425 $1,700,000 $680,000 $1,020,000
2023 $50,162 $1,700,000 $680,000 $1,020,000
2022 $47,829 $1,700,000 $680,000 $1,020,000
2021 $47,098 $1,700,000 $680,000 $1,020,000
2020 $47,768 $1,700,000 $680,000 $1,020,000
2019 $46,882 $1,700,000 $680,000 $1,020,000
2018 $46,882 $1,700,000 $680,000 $1,020,000
2017 $47,087 $1,700,000 $680,000 $1,020,000
2016 $45,706 $1,700,000 $680,000 $1,020,000
2015 -- $1,700,000 $680,000 $1,020,000
2014 -- $1,700,000 $680,000 $1,020,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1473836

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-298-019-0001-034-000

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