Seller's Agent in 2020
Richard Benedetto
Real Estate Advantage
(716) 665-9403
28 in this area
254 Total Sales
8 Summit Park Dr Bemus Point, NY 14712
Estimated Value: $1,434,000 - $1,739,723
5
Beds
3.5
Baths
4,260
Sq Ft
$367/Sq Ft
Est. Value
Highlights
- 140 Feet of Waterfront
- Property is near a lake
- 1.1 Acre Lot
- Boat Dock
- Built-In Refrigerator
- Secluded Lot
About This Home
As of December 2020Beautiful lakefront home located in a very sought after area, is situated on approx. 1 acre of land making it a private & quiet setting. The paved driveway will lead you down to this turnkey ready, 5 bedroom, 3.5 bath lakefront home. Inside, this home features hardwood floors throughout,a high end kitchen that includes wolf gas stainless steel range,subzero refrigerator & black walnut counter top,spacious living room/dining room area's w/beautiful views of the lake, master bedroom & bath are located on the main floor, sitting room w/wood burning fireplace & wine chiller. Upstairs are 4 more bedrooms, 2 baths & rec room. Outside enjoy the wrap around porch that offers panoramic views of the lake,large spacious yard for out door fun,& new shed for plenty of storage. (HOA fees include community boat dock and slip. snow plowing of private driveway.) New owner is able to put in own dock if they choose. Current owner chose not to.
Last Agent to Sell the Property
Listing by Real Estate Advantage License #31BE0882362 Listed on: 03/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,451
Year Built
- Built in 1999
Lot Details
- 1.1 Acre Lot
- Lot Dimensions are 371 x 140
- 140 Feet of Waterfront
- Secluded Lot
Home Design
- Poured Concrete
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 4,260 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Built-In Refrigerator
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Heated Garage
- Driveway
Outdoor Features
- Property is near a lake
- Shed
- Porch
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Well
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 77
- Assessor Parcel Number 063689-315-004-0001-077-000
Community Details
Overview
- Summit Park Community
- Summit Park Subdivision
Recreation
- Boat Dock
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2020
Closed on
Dec 1, 2020
Sold by
Obrien Lisa M
Bought by
Gizzo Christopher and Butwin Andrew
Seller's Agent
Richard Benedetto
Real Estate Advantage
Buyer's Agent
Rick and Julia McMahon
Real Estate Advantage
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,574
Avg. Annual Appreciation
5.39%
Original Mortgage
$960,000
Outstanding Balance
$859,213
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$704,361
Purchase Details
Closed on
Apr 25, 2014
Sold by
O'Brien David
Bought by
O'Brien Lisa
Purchase Details
Listed on
Mar 27, 2012
Closed on
Jun 22, 2012
Sold by
Haffke Katherine L
Bought by
Obrien Dvid P
Seller's Agent
Tom Turner
Century 21 Turner Brokers
Buyer's Agent
Richard Benedetto
Real Estate Advantage
List Price
$675,000
Sold Price
$675,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gizzo Christopher | $1,200,000 | None Available | |
| O'Brien Lisa | -- | N/A | |
| Obrien Dvid P | $675,000 | Kevin Sirwatka |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gizzo Christopher | $960,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $1,200,000 | -7.7% | $282 / Sq Ft | |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- | |
| 03/06/2020 03/06/20 | For Sale | $1,300,000 | +92.6% | $305 / Sq Ft | |
| 06/26/2012 06/26/12 | Sold | $675,000 | 0.0% | $158 / Sq Ft | View Prior Sale |
| 05/17/2012 05/17/12 | Pending | -- | -- | -- | |
| 03/27/2012 03/27/12 | For Sale | $675,000 | -- | $158 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $24,864 | $835,500 | $361,200 | $474,300 |
| 2023 | $24,398 | $835,500 | $361,200 | $474,300 |
| 2022 | $23,497 | $835,500 | $361,200 | $474,300 |
| 2021 | $23,137 | $835,500 | $361,200 | $474,300 |
| 2020 | $22,985 | $835,500 | $361,200 | $474,300 |
| 2019 | $22,335 | $820,000 | $361,200 | $458,800 |
| 2018 | $22,335 | $820,000 | $361,200 | $458,800 |
| 2017 | $22,421 | $820,000 | $361,200 | $458,800 |
| 2016 | $21,722 | $820,000 | $361,200 | $458,800 |
| 2015 | -- | $820,000 | $361,200 | $458,800 |
| 2014 | -- | $820,000 | $361,200 | $458,800 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Benedetto
-
Rick and Julia McMahon
Buyer's Agent in 2020
Rick and Julia McMahon
Real Estate Advantage
(716) 665-8972
42 in this area
322 Total Sales
-
Tom Turner
Seller's Agent in 2012
Tom Turner
Century 21 Turner Brokers
(716) 640-3912
13 in this area
170 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1255300
APN: 063689-315-004-0001-077-000
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