NOT LISTED FOR SALE

566 E Lake Rd Penn Yan, NY 14527

Estimated Value: $527,000 - $1,602,328

2 Beds
1 Bath
800 Sq Ft
$1,230/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $270,000 $338 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $5,696/month

215 Days on Market

Highlights

  • Docks
  • Deck
  • Views
  • Waterfront
  • Cottage
  • Patio

About This Home

As of December 2014

Neat and clean lakeside cottage for you to enjoy! 2 bedrooms, 50 ft of frontage, covered deck, patio. Great location, and the best way to be on the lake on a budget.

Last Agent to Sell the Property

Dale Lane

Listing by Keuka Lake & Land Realty Penn Yan License #10331200134 Listed on: 04/01/2014

Last Buyer's Agent

Non Member

Listing by Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,044

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 41x50
  • Waterfront

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Property Views

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 097-038-0001-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,044

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Water Body Name: Keuka (East)
  • Subdivision Name: NONE
  • Directions: from Hammondsport, North on Route 54, left onto E. Lake Rd at 600 block split, north on E. lake rd, property on left. Parking is along side road.
  • Architectural Style: Cottage
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s)
  • Year Built Details: Existing
  • Master Plan Zoning: res
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.05
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Dock, Patio, See Remarks
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage, Other, See Remarks

Utilities

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

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 097-038-0001-011-000-0000
  • Lot Dimensions: 41X50
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Finke Delfs Melody
Bought by
Masyga Nicholas and Masyga Marcy Ann
Current Estimated Value
$983,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$90,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$892,783

Purchase Details

Listed on
Apr 1, 2014
Closed on
Dec 1, 2014
Sold by
Fu Xiaodong
Bought by
Ringo Mary Alice
Seller's Agent
Dale Lane
Keuka Lake & Land Realty Penn Yan
Buyer's Agent
Non Member
Non-Member
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Carruthers Paula F
Bought by
Fw Xiaodong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Trust John P Wenzel Trust
Bought by
Carruthers Paula F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Masyga Nicholas $1,265,000 None Available
Ringo Mary Alice $270,000 Spatorico Llp Pheterson
Fw Xiaodong $290,000 Charles Becraft
Carruthers Paula F $260,000 Stephen Rossettie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masyga Nicholas $100,000
Previous Owner Fw Xiaodong $232,000
Previous Owner Carruthers Paula F $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $270,000 -1.8% $338 / Sq Ft
11/02/2014 11/02/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $275,000 -- $344 / 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 $6,679 $372,400 $185,600 $186,800
2023 $66 $372,400 $185,600 $186,800
2022 $7,559 $325,400 $139,200 $186,200
2021 $7,318 $325,400 $139,200 $186,200
2020 $7,457 $325,400 $139,200 $186,200
2019 $7,249 $325,400 $139,200 $186,200
2018 $7,249 $280,000 $148,500 $131,500
2017 $6,994 $280,000 $148,500 $131,500
2016 $6,985 $280,000 $148,500 $131,500
2015 -- $270,000 $148,500 $121,500
2014 -- $290,000 $148,500 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC237670

APN: 573089-097-038-0001-011-000-0000