NOT LISTED FOR SALE

780 E Lake Rd Penn Yan, NY 14527

Estimated Value: $925,000 - $1,787,000

3 Beds
2 Baths
1,783 Sq Ft
$746/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $2,200,000 $1,234 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $8,807/month

7 Days on Market

Highlights

  • 266 Feet of Waterfront
  • Deck
  • Partial Attic
  • Barn
  • Marble Flooring
  • Heated Sun or Florida Room

About This Home

As of April 2022

Keuka Lake-One of the Finest Lakefront Lots on all of Keuka Lake! 266' of "dead-level" and natural frontage, with an acre of lawns, all on the lake side of the street. A one-story, rustic cottage with 3 bedrooms, 2 baths, and 1783 square feet. Open porch, enclosed porch, patio, fireplace, large outbuildings/bunkhouse, and 2 permanent docks/hoists, which equate to over $250,000 of investments in the last couple of years. Property sold furnished with exception of the "exclusion list" attached. Delayed negotiations beginning January 31st @ 3PM!

Last Agent to Sell the Property

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 01/24/2022

Century 21 Steve Davoli RE

Last Buyer's Agent

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 01/24/2022

Century 21 Steve Davoli RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,710

Year Built

  • Built in 1951

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 279 x 266
  • 266 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Irregular Lot

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,783 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Workshop
  • Heated Sun or Florida Room
  • Partial Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Farming

  • Barn

Utilities

  • Forced Air Cooling System
  • Well
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 572000-103-059-0001-012-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,710

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Barrington-572000
  • Total Assessed Value: 1000000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 279
  • Lot Dimension Front: 266
  • Lot Information: Beach/Water Access - See Remarks, Cul De Sac, Private Road, Water View
  • Lot Number: 12
  • Lot Shape: Irregular
  • Nearest Cross Street: Rte 54
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 2666666.67
  • Ratio Close Price By Sq Ft: 1233.88
  • Ratio List Price By Acres: 2666666.67
  • Ratio List Price By Sq Ft: 1233.88
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 9740
  • Styles of Residence: Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 71
  • Year Built: 1951
  • Directions To Property: From Penn Yan head South on Rte 54 for approximately 8 miles to Lower East Lake Road, and follow to private road where 780 is noted at the intersection of East Lake and the private road. Follow North to 780.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Furnished, Furnished-Partially, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Florida/Sun Room- Heated, Laundry-1st Floor, Living Room, Master Bedroom Bath, Porch - Open, Studio, Workshop
  • Attic Description: Crawl Space, Partial
  • Basement Description: Slab
  • Floor Description: Marble-Some, Tile-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Dryer, Microwave, Oven/Range Built-In, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Country Kitchen, Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1783

Exterior Features

  • Construction: Wood
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Cable TV Available, Deck, Dock- see Remarks, High Speed Internet, Patio, Propane Tank - Leased
  • Number of Acres: 0.8250
  • Waterfront Description: Lake
  • Waterfront Frontage: 266

Garage/Parking

  • Driveway Description: Parking Area, Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 572000-103-059-0001-012-001-0000

Tax Info

  • Total Taxes: 18710

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 28, 2022
Sold by
Hoopes Patrick J and Hoopes Megan J
Bought by
780 East Lake Road Llc
Seller's Agent
Mark Malcolm
Century 21 Steve Davoli RE
Buyer's Agent
Mark Malcolm
Century 21 Steve Davoli RE
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$1,330,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$869,386
Avg. Annual Appreciation
-13.90%
Original Mortgage
$1,000,000
Outstanding Balance
$948,667
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$381,947

Purchase Details

Listed on
Mar 13, 2018
Closed on
Oct 9, 2018
Sold by
Mcleod Bruce S
Bought by
Hoopes Patrick J and Hoopes Megan J
Seller's Agent
Sarah Welch
Howard Hanna
Buyer's Agent
Sarah Welch
Howard Hanna
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.09%
Original Mortgage
$720,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
780 East Lake Road Llc -- None Available
Hoopes Patrick J $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 780 East Lake Road Llc $1,000,000
Previous Owner Hoopes Patrick J $720,000
Previous Owner Mcleod Bruce S $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $2,200,000 0.0% $1,234 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $2,200,000 +137.8% $1,234 / Sq Ft
10/15/2018 10/15/18 Sold $925,000 -2.6% $519 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $950,000 -- $533 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $18,682 $1,122,800 $782,500 $340,300
2023 $17,610 $1,000,000 $783,000 $217,000
2022 $18,955 $1,000,000 $783,000 $217,000
2021 $18,736 $1,000,000 $783,000 $217,000
2020 $18,134 $875,000 $761,000 $114,000
2019 $17,092 $850,000 $694,000 $156,000
2018 $17,092 $850,000 $694,000 $156,000
2017 $18,378 $871,000 $719,000 $152,000
2016 $18,609 $871,000 $719,000 $152,000
2015 -- $871,000 $719,000 $152,000
2014 -- $852,000 $668,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1386052

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572000-103-059-0001-012-001-0000