NOT LISTED FOR SALE

5725 E Lake Rd Hamilton, NY 13346

Estimated Value: $178,000 - $242,209

1 Bed
1 Bath
320 Sq Ft
$621/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $112,500 $352 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,324/month

Highlights

  • 370 Feet of Waterfront
  • 4.86 Acre Lot
  • Cottage
  • Property is near a lake
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2020

This wonderful year-round Cottage is located 3 miles north of Hamilton NY (Colgate University) and on Lake Moraine. It has 1 bedroom, a full bathroom, a living room, kitchen, dining room open room. There is a deck off the back with great lake views and a picnic table and grilling. The boardwalk takes you to the water's edge and the lake front. A special get-a-way for the family summer fun or year-round home.

Last Agent to Sell the Property

Richard Parent

Listing by Coldwell Banker Prime Properties License #40PA1020017 Listed on: 02/17/2020

Coldwell Banker Prime Properties

Last Buyer's Agent

Richard Parent

Listing by Coldwell Banker Prime Properties License #40PA1020017 Listed on: 02/17/2020

Coldwell Banker Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,289

Year Built

  • Built in 2016

Lot Details

  • 4.86 Acre Lot
  • Lot Dimensions are 1,130 x 188
  • 370 Feet of Waterfront

Home Design

  • Cottage
  • Poured Concrete

Interior Spaces

  • 320 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Property is near a lake

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 254089-138-000-0001-039-021-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,289

Year Built

Built in 2016

Lot Details

4.86 Acres

Listing Details

  • NY Swis Code: Madison-254089
  • Total Assessed Value: 75000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1130
  • Lot Dimension Front: 188
  • Nearest Cross Street: Center
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 23148.15
  • Ratio Close Price By Sq Ft: 351.56
  • Ratio List Price By Acres: 24588.48
  • Ratio List Price By Sq Ft: 373.44
  • Regional Board Code: Syracuse
  • School Tax: 1850
  • Styles of Residence: Cottage
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 6
  • Year Built: 2016
  • Directions To Property: North of Hamilton or from Route 20 – Center Rd to E. Lake (north side of lake)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2016

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Basement Description: Crawl Space
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 320

Exterior Features

  • Construction: Wood
  • Waterfront Name: Lake Moraine
  • Number of Acres: 4.8600
  • Waterfront Description: Lake
  • Waterfront Frontage: 370

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 254089-138-000-0001-039-021-0000

Tax Info

  • Total Taxes: 3289

MLS Schools

  • School District Name: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 21, 2020
Sold by
Esposito Jeffrey R and Esposito James W
Bought by
Davis Brian
Seller's Agent
Richard Parent
Coldwell Banker Prime Properties
Buyer's Agent
Richard Parent
Coldwell Banker Prime Properties
List Price
$119,500
Sold Price
$112,500
Premium/Discount to List
-$7,000
-5.86%
Current Estimated Value
$198,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,302
Avg. Annual Appreciation
10.33%
Original Mortgage
$90,000
Outstanding Balance
$62,491
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$136,311
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Brian $112,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brian $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $112,500 -5.9% $352 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $119,500 -- $373 / Sq Ft
Source: Mid New York Regional MLS

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 $3,631 $75,000 $34,900 $40,100
2023 $3,608 $75,000 $34,900 $40,100
2022 $3,436 $75,000 $34,900 $40,100
2021 $3,354 $75,000 $34,900 $40,100
2020 $3,338 $75,000 $34,900 $40,100
2019 $3,272 $75,000 $34,900 $40,100
2018 $3,272 $75,000 $34,900 $40,100
2017 $2,576 $59,900 $34,900 $25,000
2016 $1,506 $34,900 $34,900 $0
2015 -- $34,900 $34,900 $0
2014 -- $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1251692

Mid New York Regional MLS

APN: 254089-138-000-0001-039-021-0000

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