NOT LISTED FOR SALE

8532 Bear Lake Rd Fredonia, NY 14063

Estimated Value: $188,000 - $266,576

6 Beds
1 Bath
2,092 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 21, 2025

Last sale price $195,000 $93 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,369/month

23 Days on Market

Highlights

  • 42.1 Acre Lot
  • Farmhouse Style Home
  • 1 Car Detached Garage
  • Wood Flooring
  • Sun or Florida Room
  • Country Kitchen

About This Home

As of January 2025

Welcome to a place in time on the West end of the Town of Pomfret. This spacious farmhouse from the 1800's needs updated- Some rooms are unfinished but it has all the potential. Amazing views of Lake Erie and on a clear day even Canada can be seen from the top of the property. Sturdy oak cabinets in the kitchen. There is gas well on the property that supplies free heat/hot water. A private water well to the house in addition to a second well to service the barn. Garage, Cattle barn with barn cleaner, 3 more equipment storage buildings.

Last Agent to Sell the Property

Mike Peterson

Listing by Peterson Auction & Realty, LLC Brokerage Phone: 716-665-0668 License #10491210026 Listed on: 09/11/2024

Last Buyer's Agent

Mike Peterson

Listing by Peterson Auction & Realty, LLC Brokerage Phone: 716-665-0668 License #10491210026 Listed on: 09/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1872

Lot Details

  • 42.1 Acre Lot
  • Lot Dimensions are 861x2190
  • Rural Setting

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Partial Basement
  • Country Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 065889-162-000-0003-021-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,282

Year Built

Built in 1872

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1872
  • Attribution Contact: 716-665-0668
  • Lot Features: Rural Lot
  • Directions: Property is at West side of the Town Line of Pomfret. At the intersection of Bear Lake Road and Burr Road.
  • Architectural Style: Farmhouse
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Country Kitchen
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: Auction

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 6
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 42.1
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Exterior Features: Dirt Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Brocton

Lot Info

  • Parcel Number: 065889-162-000-0003-021-001
  • Lot Dimensions: 861X2190
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Jan 14, 2025
Sold by
Crowe Bruce L
Bought by
Gernatt Eric
Seller's Agent
Mike Peterson
Peterson Auction & Realty, LLC
Buyer's Agent
Mike Peterson
Peterson Auction & Realty, LLC
List Price
$110,000
Sold Price
$195,000
Premium/Discount to List
$85,000
77.27%
Views
46
Current Estimated Value
$219,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,894
Avg. Annual Appreciation
13.48%
Original Mortgage
$146,250
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Source: Public Records
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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
Gernatt Eric $195,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gernatt Eric $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold $195,000 +77.3% $93 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $110,000 -- $53 / Sq Ft
Source: Chautauqua-Cattaraugus Board 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 $7,284 $33,700 $13,650 $20,050
2023 $2,371 $33,700 $13,650 $20,050
2022 $7,915 $37,900 $17,850 $20,050
2021 $7,890 $37,900 $17,850 $20,050
2020 $6,120 $37,900 $17,850 $20,050
2019 -- $37,900 $17,850 $20,050
2018 $6,114 $37,900 $17,850 $20,050
2017 $6,027 $37,900 $17,850 $20,050
2016 $6,707 $37,900 $17,850 $20,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1564527

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065889-162-000-0003-021-000