NOT LISTED FOR SALE

5503 Broadway St Bemus Point, NY 14712

Estimated Value: $2,725,000 - $2,892,000

10 Beds
10 Baths
10,224 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2023

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

Est. 18% increase in value since last sale

Current estimated payment $19,572 / mo

58 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sauna
  • 4.22 Acre Lot
  • Docks
  • Waterfront
  • 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 340x499
  • Waterfront
  • Secluded Lot

Parking

  • 6 Car Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 10,224 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Partially Furnished
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Entrance Foyer
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Home Office
  • Recreation Room
  • Sauna
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Intercom
  • Property Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Utilities

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Docks
  • Balcony
  • Deck
  • Open Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Water Purifier
  • Water Softener is Owned

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

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1990
  • Attribution Contact: 917-670-1900
  • ResoLaundryFeatures: Accessible Utilities or Laundry, Main Level
  • Lot Features: Secluded
  • Water Body Name: Chautauqua Lake
  • Directions: From Route 430, turn onto Broadway Street, and driveway to 5503 Broadway is on your left.
  • Architectural Style: Contemporary, Two Story
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Wet Bar, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Den, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Great Room, Home Office, Intercom, Kitchen Island, Kitchen/Family Room Combo, Partially Furnished, Sauna, Natural Woodwork, Bedroom on Main Level, Main Level Primary
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Freezer, Disposal, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Range Hood, Wine Cooler, Washer, Water Softener Owned, Water Purifier
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 10
  • Fireplaces: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Acres: 4.22
  • View: Yes
  • Waterfront Features: Deeded Access, Lake
  • Waterfront: Yes
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Blacktop Driveway, Balcony, Deck, Dock, Patio, See Remarks
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Attached, Detached, Garage, Circular Driveway, Driveway

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bemus Point
  • Ninth Grade High School: Maple Grove Junior-Senior High

Lot Info

  • Parcel Number: 063689-298-019-0001-034-000
  • Lot Dimensions: 340X499
  • Lot Size Sq Ft: 169884.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 49328.0
  • Tax Lot: 34

MLS Schools

  • Elementary School: Bemus Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Nov 24, 2023
Sold by
Bought by
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
639
Current Estimated Value
$2,830,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,176
Avg. Annual Appreciation
6.90%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $51,425 $2,019,000 $680,000 $1,339,000
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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