NOT LISTED FOR SALE

5523 State Route 89 Varick, NY 14521

Estimated Value: $262,000 - $839,542

2 Beds
1.5 Baths
1,064 Sq Ft
$582/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $275,000 $258 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,209/month

32 Days on Market

Highlights

  • Docks
  • Deck
  • Attic
  • Waterfront
  • Wood Flooring
  • 1 Fireplace

About This Home

As of July 2015

All seasons lake cottage on the shores of Cayuga Lake with 170 feet of private lake front. This winsome cottage is ready for new owners. Move-in and enjoy! Numerous improvements--plumbing, electrical, insulation, new furnace and more. Recently connected to municipal water. Price can't be beat for amount of lake front and condition. Priced well below assessment for a quick summer deal. 1 car garage with storage plus additional off street parking. On Cayuga Wine Trail.

Last Agent to Sell the Property

Sue Ellen Balluff

Listing by Senecayuga Properties Listed on: 05/21/2015

Last Buyer's Agent

Non Member

Listing by Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,945

Year Built

  • Built in 1947

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 158x170
  • Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Property Views
  • Attic

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-1-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,945

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1947
  • Water Body Name: Cayuga
  • Subdivision Name: NONE
  • Directions: From Watkins Glen, 414 north Ovid Village. Right at light onto 96 South, bear left at curve onto County Road 138. Left onto Route 89 headed north. Cottage is across from Goose Watch Winery.
  • Architectural Style: Two Story
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Attic
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Free-Standing Range, Oven, Refrigerator
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.62
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Composite Siding
  • Exterior Features: Deck, Dock, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Not Connected, Public

Schools

  • Junior High Dist: Romulus

Lot Info

  • Parcel Number: 15-1-27
  • Lot Dimensions: 158X170
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9945.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 17, 2015
Sold by
Chamberlain James C
Bought by
Black Matthew and Black
Seller's Agent
Sue Ellen Balluff
Senecayuga Properties
Buyer's Agent
Non Member
Non-Member
List Price
$295,900
Sold Price
$275,000
Premium/Discount to List
-$20,900
-7.06%
Current Estimated Value
$619,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,386
Avg. Annual Appreciation
8.38%
Original Mortgage
$220,000
Outstanding Balance
$173,149
Interest Rate
3.97%
Mortgage Type
Unknown
Estimated Equity
$449,547

Purchase Details

Closed on
Mar 21, 2005
Sold by
Solon Joseph M
Bought by
Chamberlain James C
Source: Public Records

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
Black Matthew $275,000 Donald J. Cheney
Chamberlain James C $227,900 Frederick Hunt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Matthew $220,000
Previous Owner Dyson Karen E $10,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2015 07/22/15 Sold $275,000 -7.1% $258 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $295,900 -- $278 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

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 $10,913 $327,000 $312,000 $15,000
2023 $10,913 $327,000 $312,000 $15,000
2022 $10,449 $327,000 $312,000 $15,000
2021 $10,542 $327,000 $312,000 $15,000
2020 $10,309 $327,000 $312,000 $15,000
2019 $3,502 $327,000 $312,000 $15,000
2018 $10,176 $327,000 $312,000 $15,000
2017 $9,930 $327,000 $312,000 $15,000
2016 $10,012 $327,000 $312,000 $15,000
2015 -- $327,000 $312,000 $15,000
2014 -- $327,000 $312,000 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC240280

APN: 453600-015-000-0001-027-000-0000