NOT LISTED FOR SALE

5745 Chedwel Ave Bemus Point, NY 14712

Estimated Value: $660,000 - $850,631

5 Beds
2.5 Baths
2,410 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2018

Last sale price $450,000 $187 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,220 / mo

193 Days on Market

Highlights

  • Beach Access
  • Deck
  • Recreation Room
  • 2.18 Acre Lot
  • Secluded Lot
  • Wood Flooring

About This Home

As of December 2018

Beautiful historic cottage located on Chautauqua Lake. Built in 1912 by the Welch family this well maintained historic home is situated on 2.18 acres w/ approx. 120’ of private lakefront & dock area. Enjoy the breath taking views & beautiful sunsets while dining on the homes wrap porch that overlooks the lawn & Lake Chautauqua. Inside this home has kept the charm of the by gone era but w/ modern conveniences. Enjoy entertaining friends & family in the modern kitchen, or gathering by the wood burning fire place on cool summer nights. This spacious home also features 6 bedrooms, 2.5 baths & natural wood work thru out. Call today for your private showing.EXCELLENT WKLY RENTAL POTENTIAL($4500/WK)OR MAKE IT INTO A BED & BREAKFAST. PROPERTY TAXES WILL BE BASED ON SALE PRICE.

Last Agent to Sell the Property

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362 Listed on: 04/13/2018

Last Buyer's Agent

Diana Holt

Listing by Howard Hanna Holt - Mayville License #30HO0853436

Howard Hanna Holt - Mayville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2.18 Acre Lot
  • Lot Dimensions are 120x857
  • Secluded Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Home Design

  • Cottage
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 1 Fireplace
  • Awning
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Beach Access
  • Water Access
  • Property is near a lake
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 063689-281-013-0001-016-000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

2.18 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1915
  • Lot Features: Secluded
  • Water Body Name: Chautauqua Lake
  • Directions: I-86 to Exit 10. Stay on Route 430 turn left onto Chedwel. Look for sign
  • Architectural Style: Cottage, Historic/Antique, Two Story
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen, Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 2.18
  • Waterfront Features: Beach Access, Lake, See Remarks, Water Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Awning(s), Dirt Driveway, Deck, Gravel Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Oil, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bemus Point

Lot Info

  • Parcel Number: 063689-281-013-0001-016-000
  • Lot Dimensions: 120X857
  • Lot Size Sq Ft: 94961.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2008
Sold by
Sullivan Terence
Bought by
Sullivan Jennifer
Current Estimated Value
$771,658

Purchase Details

Closed on
Nov 10, 2008
Sold by
Follansbee-Walton Nancy
Bought by
Sullivan Terence
Source: Public Records
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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
Sullivan Jennifer -- Dustin Nelson
Sullivan Terence $775,000 Dustin Nelson
Follansbee-Walton Nancy -- --
Follansbee-Walton Nancy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $450,000 0.0% $187 / Sq Ft
11/15/2018 11/15/18 Off Market $450,000 -- --
09/30/2018 09/30/18 Price Changed $579,900 -3.3% $241 / Sq Ft
09/07/2018 09/07/18 Price Changed $599,900 -4.8% $249 / Sq Ft
08/22/2018 08/22/18 Price Changed $629,900 -1.6% $261 / Sq Ft
08/11/2018 08/11/18 Price Changed $639,900 -1.5% $266 / Sq Ft
07/02/2018 07/02/18 Price Changed $649,900 -3.7% $270 / Sq Ft
07/02/2018 07/02/18 Price Changed $674,900 -3.4% $280 / Sq Ft
04/13/2018 04/13/18 For Sale $698,500 -- $290 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $13,546 $450,000 $292,000 $158,000
2024 $13,546 $450,000 $292,000 $158,000
2023 $13,211 $450,000 $292,000 $158,000
2022 $12,607 $450,000 $292,000 $158,000
2021 $12,413 $450,000 $292,000 $158,000
2020 $12,500 $450,000 $292,000 $158,000
2019 $20,451 $450,000 $292,000 $158,000
2018 $20,451 $750,000 $292,000 $458,000
2017 $20,541 $750,000 $292,000 $458,000
2016 $19,899 $750,000 $292,000 $458,000
2015 -- $750,000 $292,000 $458,000
2014 -- $750,000 $292,000 $458,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1110992

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-281-013-0001-016-000

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