NOT LISTED FOR SALE

980 E Lake Rd Dundee, NY 14837

Estimated Value: $871,000 - $1,219,000

5 Beds
3.5 Baths
2,976 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $700,000 $235 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,721/month

23 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Deck
  • Great Room
  • Property is near a lake
  • Bonus Room
  • Den

About This Home

As of May 2021

This spacious 2 story year round colonial with 5 bedrooms 3.5 baths is just waiting for you to start your life on the lake. There's a beautiful yard for outdoor activities. Across the street leads you to a nice pebble beach with 20' of gradual entrance into Keuka Lake with a new permanent dock, private sitting deck and firepit to enjoy lakefront living. Large dining and kitchen area with new stainless appliances. A livingroom equipped with a gas fireplace, to enjoy on those cooler mornings and evenings. Large windows allow for excellent views of the water front. This property has been a successful vacation rental with verifiable income history. Move into that lake living lifestyle one can only experience in the Finger Lakes!

Last Agent to Sell the Property

Brian Zerges

Listing by Finger Lakes Premier Prop. License #31ZE1131187 Listed on: 03/15/2021

Last Buyer's Agent

Brianne Kirk

Listing by Wine Trail Properties, LLC License #10401281687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 2005

Lot Details

  • 9,248 Sq Ft Lot
  • Lot Dimensions are 119 x 77
  • 20 Feet of Waterfront

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Range Hood
  • Microwave
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Parking

  • No Garage
  • Stone Driveway
  • Shared Driveway

Outdoor Features

  • Property is near a lake
  • Deck
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • The lake is a source of water for the property
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 572000-110-082-0001-005-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,510

Year Built

Built in 2005

Lot Details

0

Listing Details

  • NY Swis Code: Barrington-572000
  • Total Assessed Value: 405000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 119
  • Lot Dimension Front: 77
  • Lot Information: Agricultural District, Beach/Water Access - See Remarks, Water View
  • Lot Number: 5
  • Nearest Cross Street: Route 54
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 3297220.91
  • Ratio Close Price By Sq Ft: 235.22
  • Ratio List Price By Acres: 3273198.30
  • Ratio List Price By Sq Ft: 233.50
  • Regional Board Code: Rochester
  • School Tax: 4429
  • Styles of Residence: 2 Story
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9248
  • Age of Building: 17
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 2976
  • Directions To Property: Take upper East Lake to Lower East Lake in the upper 800 block, to 980. Sign in place.
  • Sq Ft Total Pub: 2976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Suite, Bonus Room, Den/Study, Foyer/Entry Hall, Great Room, In-Law Suite, Master Bedroom Bath, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Laminate-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Freestanding, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Breakfast Room, Formal Dining Room, Island
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 5
  • Total Sq Ft: 2976

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Keuka Lake
  • Additional Exterior Features: Deck, Dock- see Remarks
  • Number of Acres: 0.2123
  • Waterfront Description: Lake
  • Waterfront Frontage: 20

Garage/Parking

  • Driveway Description: Blacktop, Common, Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 572000-110-082-0001-005-000-0000

Tax Info

  • Total Taxes: 8510

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 27, 2021
Sold by
R & L Lakeside Cottage Associates
Bought by
Federico Jonathan C and Federico Jennifer L
Seller's Agent
Brian Zerges
Finger Lakes Premier Prop.
Buyer's Agent
Brianne Kirk
Wine Trail Properties, LLC
List Price
$6,949,000
Sold Price
$700,000
Premium/Discount to List
-$6,249,000
-89.93%
Current Estimated Value
$1,044,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,891
Avg. Annual Appreciation
9.81%
Original Mortgage
$630,000
Outstanding Balance
$572,497
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$472,394

Purchase Details

Closed on
Aug 1, 1998
Sold by
Waisley Maynarda
Bought by
Kocher Douglas and Kocher Gerladine
Source: Public Records

Range of Values:

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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
Federico Jonathan C $700,000 None Available
Federico Jonathan C $700,000 None Available
Kocher Douglas $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federico Jonathan C $630,000
Closed Federico Jonathan C $630,000
Previous Owner R & L Lakeside Cottage Associates $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $700,000 +0.7% $235 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/15/2021 03/15/21 Price Changed $694,900 -90.0% $234 / Sq Ft
03/15/2021 03/15/21 For Sale $6,949,000 -- $2,335 / 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 $12,853 $772,500 $84,100 $688,400
2023 $11,348 $600,000 $84,000 $516,000
2022 $11,373 $600,000 $84,000 $516,000
2021 $11,241 $600,000 $84,000 $516,000
2020 $8,510 $405,000 $90,000 $315,000
2019 $8,356 $405,000 $90,000 $315,000
2018 $8,356 $400,000 $90,000 $310,000
2017 $10,937 $500,000 $121,000 $379,000
2016 $11,067 $500,000 $121,000 $379,000
2015 -- $500,000 $121,000 $379,000
2014 -- $448,000 $102,000 $346,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1323750

Upstate New York Real Estate Information Services (UNYREIS)

APN: 572000-110-082-0001-005-000-0000