by RH Advisors

See Home Value
Putnam
197 Lake Drive
$515,000
↓ $35K (6.1%)
House - Off Market

197 Lake Drive

Putnam Valley, NY 10537
bedrooms
3 Beds
bathrooms
2 Baths
$569,862
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

If you are looking for a Lake Front Home, Look NO FURTHER! Wonderful Lake Front Living in this Family Size Home that offers so much. There is a Lake View from just about every Room in this Home. There is a Double Size Lot with Privacy and plenty of room for your Water Toys, Family Gatherings, Entertaining on Three Levels and direct access to the Lake with Privacy. There are Lake Rights to 3 Beaches! This home offers generous sized rooms, full basement waiting to be finished. New Septic, Move in ready and close to all.
Unit Size
-
Days on Market
143 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,096
HOA Dues
-
Year Built
1938
Last updated: 8 months ago (OneKey MLS #H6194813)

Price History

Date / Event Date Event Price
Sep 17, 2023 Price Decreased $540,000
↓ $35K (6.1%)
Price Decreased
Sep 17, 2023 Price Increased $575,000
↑ $60K (11.7%)
Price Increased
Sep 17, 2023 Back on market -
Back on market
Nov 21, 2022 Sold $515,000
Sold
Oct 17, 2022 In contract -
In contract
Show More

Property Highlights

With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,860
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: LAKE PEEKSKILL SECTION B
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRIBBON MARIANNE
  • Previous Owner : KELMACHTER LESLIE
  • Owner Before Previous Owner: KELMACHTER LESLIE D

Neighborhood

  • School District Name: Putnam Valley Central School District
  • School Tax School District: PUTNAM VALLEY
  • Census Tract: 010902

Zoning

  • Zoning: LP

Geography

  • Account Number: 021600
  • District: 372800
  • Section: 83.81
  • Parcel: 372800 83.81-2-12
  • Block: 2
  • Lot: 12.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3366
  • Longitude: -73.8841

    Address

  • Full Address: 197 Lake Shore Rd
  • Address - House Number: 197
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $4,368
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 497,892
  • High Value: 584,803
  • Low Value: 410,980

    Market Valuation

  • Market Total Value: $444,400
  • Market Land Value: $120,000
  • Market Improvement Value: $324,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,400
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Contract Date: Nov 13, 2009
  • Current Sale Recording Date: Nov 20, 2009
  • Current Sale Transaction ID: 1113638212
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Contract Date: Nov 13, 2009
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Nov 20, 2009
  • Previous Mortgage Loan Amount: $343,151
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$525,000 Dec 27, 2021
$525,000 Mar 3, 2022
$892/mo
House
4 Beds
3 Baths
-
$500,000 Jul 1, 2020
$500,000 Jan 19, 2021
$1,033/mo
House
2 Beds
2 Baths
-
$660,000 Sep 9, 2020
$660,000 Dec 7, 2020
$1,268/mo
House
2 Beds
2 Baths
-
$590,000 Sep 1, 2021
$590,000 Dec 30, 2021
$1,010/mo
House
3 Beds
2 Baths
-
$565,000 Sep 15, 2023
-
$1,061/mo
In Contract
House
3 Beds
2 Baths
-
$455,000 May 30, 2023
-
$958/mo
House
2 Beds
2 Baths
-
$459,900 May 14, 2023
-
$797/mo
House
2 Beds
2 Baths
-
$525,000 Sep 8, 2023
-
$701/mo
Multifamily
4 Beds
2 Baths
-
$525,000 May 30, 2023
-
$1,041/mo

About Putnam


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Nearby Rentals

Unit for rent at

$3,099 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,200 ft²
Listing by raj cheruku


Frequently Asked Questions

When was property at 197 Lake Drive built and last sold?
The property at 197 Lake Drive was built in 1938 and last sold on Nov 13, 2009 for $355,000.
How much is this home worth?
The estimated value of the home located at 197 Lake Drive is $545,400.
What are some comparable homes to 197 Lake Drive?
Homes that are comparable to 197 Lake Drive include a house property at 6 School Street, 93 Lake Drive, 21 Sunnyside Place.

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