NOT LISTED FOR SALE

5586 Lake Rd Tully, NY 13159

Estimated Value: $750,000 - $1,164,000

4 Beds
2 Baths
4,480 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $515,300 $115 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,876/month

46 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Horses Allowed On Property
  • 18.7 Acre Lot
  • Tully Junior Senior High School Rated 9+
  • Property is near a lake
  • Colonial Architecture

About This Home

As of July 2013

Location, location, location! This exceptional post & beam 19th Century New England Reproduction is situated on Tully Lake Pond with just under 19 private acres! Stunning 3-story Rumsford & stone fireplace is the perfect accent to the cathedral ceilings & open floor plan throughout! Completely finished walkout basement includes a huge pub-like bar, large bedroom, pool table, and tv area! If that isn't enough enjoy the sprawling deck, patio area, waterfront, and lawn with fruit trees & 7 acre invisible fence for your pets! Minutes from Rt 81, Song Mountain, Syracuse, Cortland, & Ithaca!

Last Agent to Sell the Property

Mary Doody-Horton

Listing by Coldwell Banker Prime Prop,Inc License #10301205708 Listed on: 07/13/2012

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Mary Doody-Horton

Listing by Coldwell Banker Prime Prop,Inc License #10301205708 Listed on: 07/13/2012

Coldwell Banker Prime Prop,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1989

Lot Details

  • 18.7 Acre Lot
  • Lot Dimensions are 929 x 2,800
  • 800 Feet of Waterfront
  • Property has an invisible fence for dogs
  • Private Yard

Home Design

  • Colonial Architecture
  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Drapes & Rods
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Finished Basement
  • Walk-Out Basement
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 315489-108-000-0001-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,500

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 23
  • NY Swis Code: Tully-315489
  • Total Assessed Value: 478700
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 929
  • Lot Dimension Front: 2800
  • Lot Information: Beach/Water Access - See Remarks, Horses Permitted, Water View
  • L P Per Acre: 29144.3850
  • List Price per Sq Ft: 121.6517
  • Nearest Cross Street: Wetmore
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 27556.15
  • Ratio Close Price By Sq Ft: 115.02
  • Ratio List Price By Acres: 29144.39
  • Ratio List Price By Sq Ft: 121.65
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 9600
  • Sale Price List Price: 0.9455
  • S P Per Acre: 27556.1497
  • S P Per Sq Ft: 115.0200
  • Styles of Residence: 2 Story, Colonial
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Value Range Search Low Price: 545000.00
  • Year Built Description: Existing
  • Age of Building: 33
  • Year Built: 1989
  • Directions To Property: From Route 81 take Tully Exit 14. Take lake road less than a mile and property will be on your left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Cedar Closets, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Security System - Leased, Wet Bar, Whirlpool Tub
  • Additional Rooms: Basement / Rec Room, Den/Study, Family Room, Great Room, Guest Suite, In-Law - see Remarks, Laundry-1st Floor, Living Room, Office, Porch - Open
  • Basement Description: Exterior Walkout, Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Living/Dining Combo, Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 12
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 4480

Exterior Features

  • Construction: Wood
  • Waterfront Name: Tully Lake
  • Additional Exterior Features: Deck, Dock- see Remarks, Electric Pet Fence, Garage Door Opener, Patio, Private Yard - see Remarks
  • Number of Acres: 18.7000
  • Waterfront Description: Lake
  • Waterfront Frontage: 800

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Tully
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 315489-108-000-0001-025-000-0000

Tax Info

  • Total Taxes: 16500

MLS Schools

  • School District Name: Tully

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2008
Sold by
Cartus Financial Corporat
Bought by
Hunter David
Current Estimated Value
$954,700

Purchase Details

Closed on
Oct 13, 1998
Sold by
Sciera Brian T
Bought by
Thomas George and Thomas Virginia

Purchase Details

Closed on
Sep 14, 1998
Sold by
Sciera Brian T
Bought by
Thomas George and Thomas Virginia

Purchase Details

Closed on
Jan 22, 1998
Source: Public Records

Range of Values:

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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
Hunter David $455,000 --
Cartus Financial Corporat $445,000 --
Thomas George $300,000 --
Thomas George $300,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xavier Brent $75,000
Closed Xavier Brent $75,000
Closed Xavier Brent C $10,359
Open Xavier Brent C $160,988
Open Xavier Brent C $269,567
Closed Xavier Brent C $75,000
Closed Xavier Brent C $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $515,300 -5.4% $115 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $545,000 -- $122 / Sq Ft
Source: Central New York Information Services

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 $21,480 $732,700 $259,700 $473,000
2023 $19,877 $666,100 $236,100 $430,000
2022 $19,236 $594,700 $210,800 $383,900
2021 $18,601 $512,700 $204,700 $308,000
2020 $29,310 $512,700 $204,700 $308,000
2019 $18,299 $497,800 $198,700 $299,100
2018 $28,014 $478,700 $191,100 $287,600
2017 $17,057 $478,700 $191,100 $287,600
2016 $27,741 $478,700 $191,100 $287,600
2015 -- $478,700 $191,100 $287,600
2014 -- $478,700 $191,100 $287,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S275975

Central New York Information Services

APN: 315489-108-000-0001-025-001-0000