NOT LISTED FOR SALE

6162 Old Lake Rd Rock Stream, NY 14878

Estimated Value: $346,000 - $407,000

3 Beds
3.5 Baths
3,280 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $176,500 $54 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,277/month

42 Days on Market

Highlights

  • Docks
  • 25 Acre Lot
  • Wood Flooring
  • Waterfront
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of September 2018

This is a Fannie Mae HECM property. Turn of the Century Farmhouse overlooking 25 rolling acres with some cropland, a pond near the house, and a huge 2 story wood sided banked barn. Hardwood floors throughout with a library room on the second floor. 2 of the 3 full baths are in suites for a bedroom. Huge country kitchen with a wood-burning fireplace and a Dutch entry door. The view from the front porch is of vineyards with a glimpse of Seneca Lake. 7 miles north of Watkins Glen, just a little ways off Route 14 North.

Last Agent to Sell the Property

Kenneth Benedict

Listing by Ken Benedict Real Estate & Appraisal License #37BE0901865 Listed on: 07/17/2018

Last Buyer's Agent

Non Member

Listing by Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1900

Lot Details

  • 25 Acre Lot
  • Waterfront
  • Property is zoned Res-ag

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Docks
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 131.04-1-8.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: From Watkins Glen, take Route 14 north. Approximately 6.5 miles, Old Lake Road will be a left turn just beyond Chase Road. From Penn Yan, take 14A through Dundee. Take a left on Chase Road just past the Schuyler/Yates county lines.
  • Architectural Style: Colonial, Farmhouse, Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Master Plan Zoning: Res-ag
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: See Remarks, Water Heater
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Total Bedrooms: 9

Exterior Features

  • Acres: 25.0
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway, Dock, See Remarks
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Oil, Baseboard, Hot Water, Radiator(s)
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Dundee

Lot Info

  • Parcel Number: 131.04-1-8.1
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 25, 2018
Sold by
Fannie Mae
Bought by
Faus Nowel and Faus Christine
Seller's Agent
Kenneth Benedict
Ken Benedict Real Estate & Appraisal
Buyer's Agent
Non Member
Non-Member
List Price
$140,000
Sold Price
$176,500
Premium/Discount to List
$36,500
26.07%
Current Estimated Value
$378,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,156
Avg. Annual Appreciation
11.45%
Original Mortgage
$180,000
Outstanding Balance
$156,971
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$221,685

Purchase Details

Closed on
Jan 26, 2017
Sold by
Lacy Alberta E
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Faus Nowel $176,500 Crown Title Corp
Federal National Mortgage Association $194,740 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faus Nowel $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $176,500 +26.1% $54 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $140,000 -- $43 / 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 $3,223 $205,300 $110,500 $94,800
2023 $3,718 $205,300 $110,500 $94,800
2022 $3,559 $205,300 $110,500 $94,800
2021 $3,563 $205,300 $110,500 $94,800
2020 $3,236 $187,100 $93,700 $93,400
2019 $3,604 $187,100 $93,700 $93,400
2018 $3,604 $165,000 $82,000 $83,000
2017 $3,653 $165,000 $82,000 $83,000
2016 $3,473 $165,000 $82,000 $83,000
2015 -- $165,000 $82,000 $83,000
2014 -- $155,000 $76,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kenneth Benedict

    Ken Benedict Real Estate & Appraisal

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member

See All Agents

Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC252386

APN: 573489-131-004-0001-008-001-0000

New York Yates County Rock Stream 14878

6162 Old Lake Rd, Rock Stream, NY

This home is located at 6162 Old Lake Rd, Rock Stream, NY 14878 since 17 July 2018 and is currently estimated at $378,656, approximately $115 per square foot. This property was built in 1900. 6162 Old Lake Rd is a home located in Yates County with nearby schools including Dundee Elementary School and Dundee Junior/Senior High School.

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