NOT LISTED FOR SALE

8923 Lone Retreat Rd Trumansburg, NY 14886

Estimated Value: $322,000 - $705,000

1 Bed
1 Bath
400 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $301,000 $752 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,350/month

2 Days on Market

Highlights

  • 91 Feet of Waterfront
  • Wood Flooring
  • Cottage
  • Wood Burning Stove
  • 1 Fireplace
  • 1-Story Property

About This Home

As of October 2022

Seasonal cottage on the West shore of Cayuga Lake awaiting its new owner to fix her up or reimagine and start fresh with a new build. Currently used as a camp but this is an ideal building lot in an area with many high end homes. Drive to cottage, sturdy stairs to 85 feet of lake front, permanent dock and boat lift. Lone Retreat is a well maintained road with an informal driveway maintenance agreement with the neighbors, some of which are year round so it is plowed. Experience life in the Finger Lakes, named the most beautiful place in New York! Wineries, restaurants and parks are all within minutes. Imagine the possibilities.

Last Agent to Sell the Property

Kathleen Seaman

Listing by Warren Real Estate License #30SE0908346 Listed on: 09/02/2022

Last Buyer's Agent

Brian Zerges

Listing by Finger Lakes Premier Prop. License #31ZE1131187

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1952

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 270 x 91
  • 91 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Cottage

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Utilities

  • Heating System Uses Wood
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 452089-011-000-0002-051-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,154

Year Built

Built in 1952

Lot Details

0

Listing Details

  • NY Swis Code: Covert-452089
  • Total Assessed Value: 195000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 270
  • Lot Dimension Front: 91
  • Lot Information: Beach/Water Access - See Remarks
  • Lot Shape: Irregular
  • Nearest Cross Street: NYS Route 89
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 501666.67
  • Ratio Close Price By Sq Ft: 752.50
  • Ratio List Price By Acres: 465000.00
  • Ratio List Price By Sq Ft: 697.50
  • Regional Board Code: Syracuse
  • School Tax: 2552
  • Styles of Residence: Cottage
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 70
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 400
  • Directions To Property: West shore of Cayuga Lake, a 25 min. drive from Ithaca. Right onto Lone Retreat, at fork, bear left, cottage is on the right, look for RE sign.
  • Sq Ft Total Pub: 400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Floor Description: Wood-Some
  • Number of Bedrooms 1st Floor: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 400

Exterior Features

  • Construction: Wood
  • Waterfront Name: Cayuga Lake
  • Additional Exterior Features: Dock- see Remarks
  • Number of Acres: 0.6000
  • Waterfront Description: Lake
  • Waterfront Frontage: 91

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Wood
  • Hvac Type: Stove
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: South Seneca

Lot Info

  • Parcel Number: 452089-011-000-0002-051-000-0000

Tax Info

  • Total Taxes: 4154

MLS Schools

  • School District Name: South Seneca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 7, 2022
Sold by
Lynn Michael
Bought by
Ruch Jonathan and Ruch Sara
Seller's Agent
Kathleen Seaman
Warren Real Estate
Buyer's Agent
Brian Zerges
Finger Lakes Premier Prop.
List Price
$279,000
Sold Price
$301,000
Premium/Discount to List
$22,000
7.89%
Current Estimated Value
$509,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,333
Avg. Annual Appreciation
18.45%

Purchase Details

Closed on
Apr 20, 2001
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
Ruch Jonathan $301,000 None Available
Ruch Jonathan $301,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruch Sara $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $301,000 +7.9% $753 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $279,000 -- $698 / Sq Ft
Source: Cortland County 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 $6,898 $350,000 $163,000 $187,000
2023 $6,898 $230,000 $163,000 $67,000
2022 $4,261 $195,000 $163,000 $32,000
2021 $4,192 $195,000 $163,000 $32,000
2020 $4,089 $195,000 $163,000 $32,000
2019 $1,645 $195,000 $163,000 $32,000
2018 $4,439 $195,000 $163,000 $32,000
2017 $4,383 $195,000 $163,000 $32,000
2016 $4,336 $195,000 $163,000 $32,000
2015 -- $193,000 $182,000 $11,000
2014 -- $193,000 $182,000 $11,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathleen Seaman

    Warren Real Estate

    Section Image

  • B

    Buyer's Agent in 2022

    Brian Zerges

    Finger Lakes Premier Prop.

    (888) 599-4810

    68 Total Sales

    Brian Zerges
    Section Image
  • Brian Schmitt

    Buyer Co-Listing Agent in 2022

    Brian Schmitt

    Finger Lakes Premier Prop.

    (585) 509-4318

    54 Total Sales

    Brian Schmitt
    Section Image
See All Agents

Map

Source: Cortland County Board of REALTORS®

MLS Number: S1431415

Cortland County Board of REALTORS®

APN: 452089-011-000-0002-051-000-0000

New York Seneca County Trumansburg 14847

8923 Lone Retreat Rd, Trumansburg, NY

This home is located at 8923 Lone Retreat Rd, Trumansburg, NY 14886 since 02 September 2022 and is currently estimated at $509,333, approximately $1,273 per square foot. This property was built in 1952. 8923 Lone Retreat Rd is a home located in Seneca County with nearby schools including South Seneca Elementary School, South Seneca Middle/High School, and Interlaken Christian School.

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