NOT LISTED FOR SALE

5540 Lin Ave Bemus Point, NY 14712

Estimated Value: $221,000 - $355,000

3 Beds
1 Bath
1,483 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $90,000 $61 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,980/month

287 Days on Market

Highlights

  • Lake Front
  • Deck
  • Thermal Windows
  • Scenic Views
  • Cottage
  • Eat-In Country Kitchen

About This Home

As of July 2018

"NICE FAMILY HOME . NEWER ROOF / UPDATED KITCHEN / BATH / TIME FOR DAD TO RETIRE TO ASSISTED LIVING. THIS IS A 1 ACRE LOT, BLOCKS FROM THE LAKE. PRICE TO SELL. IN MAPLE SPRINGS AREA. UNPACK AND HEAD TO THE LAKE.Community:Biking/fitness trail,Community:Community beach,Community:Community park(s)

Last Agent to Sell the Property

Edward Miller

Listing by ERA Team VP Real Estate License #10301204745 Listed on: 07/05/2017

Last Buyer's Agent

Eric Anderson

Listing by Premier Listings Real Estate LLC License #10491209321

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 132 x 165
  • Lake Front
  • Level Lot
  • Cleared Lot

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Scenic Vista Views
  • Basement
  • Laundry in Basement

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill
  • Porch

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Programmable Thermostat
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 298.14-2-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,271

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Topography: Level
  • Additional Structures: Shed/Storage
  • Amenities Included: Golf, Recreation Facilities
  • NY Swis Code: Ellery-063689
  • Total Assessed Value: 143600
  • Foundation Description: Block
  • Land Features: Clear Lot, Scenic View
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 165
  • Lot Information: Near Bus Line
  • Nearest Cross Street: RTE 430
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 60.69
  • Ratio List Price By Sq Ft: 66.76
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • School Tax: 1698
  • Styles of Residence: Cottage, Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Ad Copy: Nice 3 brm, 1 bath family home on 1 acre. Blocks from te lake. could join association for lake access
  • Ad Headline: Bemus Point
  • Age of Building: 66
  • Year Built: 1956
  • Directions To Property: RTE 430 TO LIN AVE. JUST PASS MIDWAY PARK TURN RIGHT ON TO LIN AVE, LOOK FOR SIGN
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Foyer/Entry Hall, Laundry-Basement, Porch - Open
  • Attic Description: Crawl Space
  • Floor Description: Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Country Kitchen, Eat-In, Island, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1483

Exterior Features

  • Construction: Aluminum/Steel
  • Waterfront Name: CHAUTAUQUA LAKE
  • Additional Exterior Features: Barbecue, Deck, Garage Door Opener, Thermal Windows - Some
  • Waterfront Description: Lake

Garage/Parking

  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000
  • Number of Truck Bays: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Programmable Thermostat, Radiant
  • Sewer Description: Sewer Connected
  • Sewer Water: Public Sewer Available
  • Water Heater Fuel: Gas
  • Water Supply: Water Rights

Schools

  • School District: Bemus Point

Lot Info

  • Parcel Number: 298.14-2-4

Rental Info

  • Pets Allowed Types: Yes

Tax Info

  • Total Taxes: 3271

MLS Schools

  • School District Name: Bemus Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Jun 11, 2018
Sold by
Krebs John T
Bought by
Kolstee Rodney L and Kolstee Peggy S
Seller's Agent
Edward Miller
ERA Team VP Real Estate
Buyer's Agent
Eric Anderson
Premier Listings Real Estate LLC
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%
Current Estimated Value
$298,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,253
Avg. Annual Appreciation
18.56%
Original Mortgage
$72,000
Outstanding Balance
$54,229
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,147
Source: Public Records

Range of Values:

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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
Kolstee Rodney L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolstee Rodney L $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $90,000 -9.1% $61 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $99,000 -9.9% $67 / Sq Ft
11/26/2017 11/26/17 Price Changed $109,900 -8.3% $74 / Sq Ft
07/05/2017 07/05/17 For Sale $119,900 -- $81 / Sq Ft
Source: Chautauqua-Cattaraugus Board 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 $3,998 $135,000 $31,900 $103,100
2023 $3,949 $135,000 $31,900 $103,100
2022 $3,798 $135,000 $31,900 $103,100
2021 $3,740 $135,000 $31,900 $103,100
2020 $3,762 $135,000 $31,900 $103,100
2019 $3,692 $135,000 $31,900 $103,100
2018 $3,692 $135,000 $31,900 $103,100
2017 $3,270 $135,000 $31,900 $103,100
2016 $2,755 $135,000 $31,900 $103,100
2015 -- $135,000 $31,900 $103,100
2014 -- $135,000 $31,900 $103,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Edward Miller

    ERA Team VP Real Estate

    (716) 785-1940

    2 in this area

    106 Total Sales

    Section Image
  • Eric Anderson

    Buyer's Agent in 2018

    Eric Anderson

    Premier Listings Real Estate LLC

    (716) 708-2060

    5 in this area

    133 Total Sales

    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1043466

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-298-014-0002-004-000

New York Chautauqua County Bemus Point 14712

5540 Lin Ave, Bemus Point, NY

This home is located at 5540 Lin Ave, Bemus Point, NY 14712 since 05 July 2017 and is currently estimated at $305,628, approximately $206 per square foot. This property was built in 1956. 5540 Lin Ave is a home located in Chautauqua County with nearby schools including Bemus Point Elementary School and Maple Grove Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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