NOT LISTED FOR SALE

557 E Lake Rd Penn Yan, NY 14527

Estimated Value: $826,000 - $1,404,000

3 Beds
3 Baths
3,300 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $535,000 $162 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,351/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Barn
  • Deck
  • Wood Flooring

About This Home

As of August 2019

Fully furnished year 'round lake home in pristine condition. Enjoy panoramic views of Keuka Lake from your enclosed Florida room, open air deck/porch, waterside deck, or level lakefront lawn. Storage at waterfront and rear auxiliary building opens up the opportunities. Pre-qualified showings only.

Last Agent to Sell the Property

Stan Olevnik

Listing by Howard Hanna Lake Group License #10401214287 Listed on: 06/10/2019

Howard Hanna Lake Group

Co-Listed By

Randy Schwingle

Listing by Howard Hanna Lake Group License #10401272810

Last Buyer's Agent

Chad Peek

Listing by Keller Williams Realty Gateway License #10301220238

Keller Williams Realty Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 142 x 50
  • 50 Feet of Waterfront
  • Lake Front
  • Rectangular Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 3,300 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Open Floorplan
  • Living Room
  • Bonus Room
  • Workshop
  • Heated Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Outdoor Grill

Farming

  • Barn

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 573089-097-030-0001-011-000-0000
  • $1,099 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,130

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • Annual Special Assessment: 1099
  • NY Swis Code: Milo-573089
  • Total Assessed Value: 365700
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 142
  • Lot Dimension Front: 50
  • Lot Information: Beach/Water Access - See Remarks, Secondary Road, Water View
  • Lot Number: 11
  • Lot Shape: Rectangular
  • Nearest Cross Street: State Route 54
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 3343750.00
  • Ratio Close Price By Sq Ft: 162.12
  • Ratio List Price By Acres: 3243750.00
  • Ratio List Price By Sq Ft: 157.27
  • Regional Board Code: Rochester
  • School Tax: 4209
  • Styles of Residence: Cape Cod
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 14
  • Year Built: 2008
  • Directions To Property: From Penn Yan, south on State Route 54 to East Lake Rd. Travel to house #557.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Skylight, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Bonus Room, Florida/Sun Room- Heated, Foyer/Entry Hall, Living Room, Master Bedroom Bath, Possible Additional Bedroom, Workshop
  • Basement Description: Finished, Full
  • Floor Description: Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Island, Kitchen/Family Room Combo, Living/Dining Combo, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 12
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 3300

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Balcony, Barbecue, Cable TV Available, Deck, Dock- see Remarks, Garage Door Opener, High Speed Internet, Patio, Thermal Windows - Some
  • Number of Acres: 0.1600
  • Waterfront Description: Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway Description: Concrete - Stamped
  • Garage Description: Under House
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Radiant
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 573089-097-030-0001-011-000-0000

Tax Info

  • Total Taxes: 9130

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 24, 2019
Sold by
Parker John H
Bought by
Hoffman Abigail and Hoffman Kevin
Seller's Agent
Stan Olevnik
Howard Hanna Lake Group
Buyer's Agent
Chad Peek
Keller Williams Realty Gateway
List Price
$519,000
Sold Price
$535,000
Premium/Discount to List
$16,000
3.08%
Current Estimated Value
$1,005,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,009
Avg. Annual Appreciation
11.79%
Original Mortgage
$428,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2015
Closed on
Jul 10, 2015
Sold by
Wager Robert
Bought by
Parker John
Seller's Agent
Dale Lane
Keuka Lake & Land Realty
Buyer's Agent
Stan Olevnik
Howard Hanna Lake Group
List Price
$469,000
Sold Price
$453,000
Premium/Discount to List
-$16,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
May 5, 2000
Sold by
Graham F Richard
Bought by
Wager Robert R and Wager Janet L
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
Hoffman Abigail $535,000 None Available
Parker John $453,000 William P Fletcher
Wager Robert R -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Abigail $426,300
Closed Hoffman Abigail $428,000
Previous Owner Wager Robert R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $535,000 +3.1% $162 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $519,000 +14.6% $157 / Sq Ft
07/08/2015 07/08/15 Sold $453,000 -3.4% $137 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $469,000 -- $142 / 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 $9,413 $543,700 $219,000 $324,700
2023 $9,413 $543,700 $219,000 $324,700
2022 $10,807 $487,800 $160,100 $327,700
2021 $10,445 $487,800 $160,100 $327,700
2020 $10,625 $487,800 $160,100 $327,700
2019 $9,132 $487,800 $160,100 $327,700
2018 $9,132 $365,700 $160,100 $205,600
2017 $8,807 $365,700 $160,100 $205,600
2016 $8,793 $365,700 $160,100 $205,600
2015 -- $365,700 $160,100 $205,600
2014 -- $365,700 $170,800 $194,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Stan Olevnik

    Howard Hanna

    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Randy Schwingle

    Howard Hanna

    Section Image
  • Chad Peek

    Buyer's Agent in 2019

    Chad Peek

    Keller Williams Realty Gateway

    (315) 730-0237

    75 Total Sales

    Chad Peek
    Section Image

  • D

    Seller's Agent in 2015

    Dale Lane

    Keuka Lake & Land Realty

    (315) 374-0017

    152 Total Sales

    Dale Lane
    Section Image
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Map

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

MLS Number: R1200682

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-097-030-0001-011-000-0000

New York Yates County Penn Yan 14527

557 E Lake Rd, Penn Yan, NY

This home is located at 557 E Lake Rd, Penn Yan, NY 14527 since 10 June 2019 and is currently estimated at $1,005,009, approximately $304 per square foot. This property was built in 2008. 557 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.

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