NOT LISTED FOR SALE

773 E Lake Rd Penn Yan, NY 14527

Estimated Value: $1,045,000 - $1,617,000

3 Beds
2 Baths
1,716 Sq Ft
$745/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $640,000 $373 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,445/month

33 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Views

About This Home

As of June 2013

Your Keuka Lake vacation home awaits you with this 3 bedroom 2 bath home complete with open kitchen living area for entertaining - Recreation/family room in lower level with walk out to lake, this home has it all - watch the sunset while you sit on your wrap around deck. This property has a great rental history for investors or for those that would like to benefit from a rental option. This home perfectly situated on flat level land, lakeside; no roads to cross - this is a must see on Keuka Lake.

Last Agent to Sell the Property

Seth Olney

Listing by Wine Trail Properties License #40OL1127767 Listed on: 04/26/2013

Last Buyer's Agent

David Reeve

Listing by Wine Trail Properties License #37RE1181252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,198

Year Built

  • Built in 1995

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 116x77
  • Waterfront

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,716 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • The river is a source of water for the property
  • The lake is a source of water for the property
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103-59-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,198

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1995
  • Water Body Name: Keuka (East)
  • Subdivision Name: NONE
  • Directions: From Penn Yan corner of St Rts 54 and 14A, take St Rt 54 south approx 7 miles. Turn right onto Lower Lake Rd at Welker Rd. Property on lakeside.
  • Architectural Style: Contemporary
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Window Treatments, Bedroom on Main Level
  • Year Built Details: Existing
  • Master Plan Zoning: Res
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Range, Microwave, Oven, Refrigerator, Washer
  • Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.27
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage, Off Street

Utilities

  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Lake, River

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 103-59-1-5
  • Lot Dimensions: 116X77
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13198.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2013
Closed on
Jun 20, 2013
Sold by
Meyer Scott A and Meyer Suzanne M
Bought by
Sisson Steve A and Sisson Donna M
Seller's Agent
Seth Olney
Wine Trail Properties
Buyer's Agent
David Reeve
Wine Trail Properties
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$1,279,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,141
Avg. Annual Appreciation
5.86%
Original Mortgage
$504,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Whitehead Merle L
Bought by
Meyer Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1993
Sold by
Cooke John and Cooke Jean
Bought by
Whitehead Merle L and Janic Janice A

Purchase Details

Closed on
Oct 30, 1992
Sold by
Estate Genfrude Mare
Bought by
Whitehead Merle L and Whitehead Janice A
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
Sisson Steve A $640,000 Chicago Title Insurance Co
Sisson Steve A $640,000 Chicago Title Insurance Co
Meyer Scott A $668,000 James Burns
Meyer Scott A $668,000 James Burns
Whitehead Merle L $5,000 --
Whitehead Merle L $125,000 --
Whitehead Merle L $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisson Steven A $300,000
Closed Sisson Steve A $504,000
Previous Owner Meyer Scott A $21,619
Previous Owner Meyer Scott A $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $640,000 -8.4% $373 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $699,000 -- $407 / 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 $17,702 $1,063,900 $425,100 $638,800
2023 $16,054 $875,000 $425,000 $450,000
2022 $14,596 $770,000 $425,000 $345,000
2021 $14,427 $770,000 $425,000 $345,000
2020 $13,974 $665,000 $376,000 $289,000
2019 $13,892 $665,000 $376,000 $289,000
2018 $13,892 $665,000 $376,000 $289,000
2017 $13,714 $627,000 $349,000 $278,000
2016 $13,878 $627,000 $349,000 $278,000
2015 -- $627,000 $349,000 $278,000
2014 -- $625,000 $296,000 $329,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Seth Olney

    Wine Trail Properties

    Section Image

  • D

    Buyer's Agent in 2013

    David Reeve

    Wine Trail Properties

    Section Image
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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC232303

APN: 572000-103-059-0001-005-000-0000

New York Yates County Penn Yan 14527

773 E Lake Rd, Penn Yan, NY

This home is located at 773 E Lake Rd, Penn Yan, NY 14527 since 26 April 2013 and is currently estimated at $1,279,141, approximately $745 per square foot. This property was built in 1995. 773 E Lake Rd is a home located in Yates County with nearby schools including Penn Yan Elementary School, Penn Yan Middle School, and Penn Yan Academy.

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