NOT LISTED FOR SALE

8 Summit Park Dr Bemus Point, NY 14712

Estimated Value: $1,471,000 - $1,728,000

5 Beds
3.5 Baths
4,260 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $1,200,000 $282 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,755 / mo

187 Days on Market

Highlights

  • Beach Access
  • 1.1 Acre Lot
  • Wood Flooring
  • Built-In Refrigerator
  • Secluded Lot
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Beautiful 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

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362 Listed on: 03/06/2020

Last Buyer's Agent

Rick and Julia McMahon

Listing by Real Estate Advantage License #30MC0780823

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 140x371
  • Secluded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 4,260 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Water Access
  • Property is near a lake
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Summit Park Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 063689-315-004-0001-077-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,451

Year Built

Built in 1999

Lot Details

1.1 Acres

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1999
  • ResoLaundryFeatures: Main Level
  • Lot Features: Secluded
  • Water Body Name: Chautauqua Lake
  • Subdivision Name: Summit Park
  • Directions: From Lakeside Dr. turn left onto Merriman Rd. Turn left onto Summit Park Dr. Follow down to the house at the end.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Furnished, Living/Dining Room, Bath in Primary Bedroom, Main Level Primary
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Wine Cooler, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.1
  • Waterfront Features: Beach Access, Lake, See Remarks, Water Access
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Poured
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Bemus Point

Lot Info

  • Parcel Number: 063689-315-004-0001-077-000
  • Lot Dimensions: 140X371
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 22451.0
  • Tax Lot: 77

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
$1,595,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,210
Avg. Annual Appreciation
5.41%
Original Mortgage
$960,000
Outstanding Balance
$845,818
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$749,392

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
6.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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 $24,864 $979,500 $361,200 $618,300
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1255300

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063689-315-004-0001-077-000

Your Personal Tour Guide

Ask me questions while you tour the home.