NOT LISTED FOR SALE

8981 E Bluff Dr Penn Yan, NY 14527

Estimated Value: $2,085,000 - $2,587,783

5 Beds
4 Baths
4,297 Sq Ft
$556/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $1,300,000 $303 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $14,699/month

15 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Wooded Lot
  • Property is near a lake
  • Contemporary Architecture
  • Marble Flooring

About This Home

As of October 2018

Keuka Lake-Luxurious Lake Living....5/6 bedroom, 4 bath, year-round, contemporary "On-The-Water"! There is so much to tell....vaulted ceilings, fireplace, two suites, 4200 sq ft, front decks, new permanent dock w/ hoist, marble and hardwood flooring, central AC, beautifully landscaped, attached garage, custom kitchen, public water & sewer, & Jacuzzi. This is as special as it can possibly get on Keuka Lake!!

Last Agent to Sell the Property

Mark Malcolm

Listing by Century 21 Steve Davoli RE License #30MA0775160 Listed on: 06/30/2018

Century 21 Steve Davoli RE

Last Buyer's Agent

Brian Zerges

Listing by Finger Lakes Premier Prop. License #31ZE1131187

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,274

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100
  • 100 Feet of Waterfront
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 4,297 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Water Views
  • Partial Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Studio bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Property is near a lake
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 572689-110-025-0001-003-000-0000
  • $1,600 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,274

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Annual Special Assessment: 1600
  • NY Swis Code: Jerusalem-572689
  • Total Assessed Value: 900000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 100
  • Lot Information: Beach/Water Access - See Remarks, Secondary Road, Water View, Wooded Lot
  • Nearest Cross Street: Brown Hill Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 3823529.41
  • Ratio Close Price By Sq Ft: 302.54
  • Ratio List Price By Acres: 3382352.94
  • Ratio List Price By Sq Ft: 267.63
  • Regional Board Code: Rochester
  • School Tax: 10314
  • Styles of Residence: Contemporary
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 19
  • Year Built: 2003
  • Directions To Property: Route 54A to Central Ave, past the college, to #8981.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, 1st Floor Master Suite, Basement / Rec Room, Bonus Room, Den/Study, Family Room, Foyer/Entry Hall, Guest Suite, Laundry-1st Floor, Living Room, Master Bedroom Bath, Office, Studio
  • Attic Description: Crawl Space, Partial
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Marble-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Convection, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Breakfast Room, Eat-In, Formal Dining Room, Granite Counter, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 2
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 13
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Total Sq Ft: 4297

Exterior Features

  • Construction: Cedar
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Awning, Cable TV Available, Deck, Dock- see Remarks, Garage Door Opener, High Speed Internet, Patio
  • Number of Acres: 0.3400
  • Waterfront Description: Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway Description: Blacktop, Circular
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: AC-Central, Forced Air, Multi-Zone
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Propane

Lot Info

  • Parcel Number: 572689-110-025-0001-003-000-0000

Tax Info

  • Total Taxes: 21274

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Sep 18, 2018
Sold by
Turner Bruce and Turner Ann
Bought by
Conway John T and Conway Jean M
Seller's Agent
Mark Malcolm
Century 21 Steve Davoli RE
Buyer's Agent
Brian Zerges
Finger Lakes Premier Prop.
List Price
$1,150,000
Sold Price
$1,300,000
Premium/Discount to List
$150,000
13.04%
Current Estimated Value
$2,391,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,091,196
Avg. Annual Appreciation
8.77%
Original Mortgage
$750,000
Outstanding Balance
$617,255
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,773,941

Purchase Details

Closed on
Mar 25, 2008
Sold by
Kelly John
Bought by
Turner Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conway John T $1,300,000 None Available
Turner Bruce $900,000 Valerie G Gardner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway John T $750,000
Previous Owner Turner Bruce $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $1,300,000 +13.0% $303 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $1,150,000 -- $268 / 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 $26,501 $1,878,400 $427,700 $1,450,700
2023 $26,073 $1,396,000 $336,900 $1,059,100
2022 $24,449 $1,390,000 $336,900 $1,053,100
2021 $24,977 $1,390,000 $336,900 $1,053,100
2020 $17,930 $900,000 $350,000 $550,000
2019 -- $900,000 $350,000 $550,000
2018 $17,345 $900,000 $350,000 $550,000
2017 $18,517 $829,000 $311,100 $517,900
2016 $17,815 $829,000 $311,100 $517,900
2015 -- $829,000 $311,100 $517,900
2014 -- $829,000 $311,100 $517,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1131816

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572689-110-025-0001-003-000-0000