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2380 Lake Road

2380 Lake Road, Ontario, NY 14519
Property in Ontario
Sold Nov 23, 2021
$260,000
$208,000 by Premium Mortgage Co
Mortgage Due Nov 23, 2051
Sold Sep 23, 2021
$260,000
2380 Lake Road in Ontario, NY was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a log cabin/rustic style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2380 Lake Road has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 29,185 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2380 Lake Road was last sold in Nov 19, 2021 for $260,000. According to our calculations, that's $246.21 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Aug 17, 2021. Current property owners are expected to pay $5,136 in taxes per year. The property on 2380 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $174,300. To break that down further, the land itself was valued at $43,000. While improvements to the property were assessed at a total of $131,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Log Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARENT 837310 31119-00-787436

Ownership

  • Current Owner : MORTILLARO LAURIE M
  • Current Owner 2: MORTILLARO GARY T
  • Previous Owner : BECHTOLD MICHAEL
  • Owner Before Previous Owner: DERKS FREDERICK C
  • Owner Before Previous Owner 2: DERKS PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Central School District
  • School Tax School District: WAYNE
  • Census Tract: 020104

Zoning

  • Zoning: SR

Geography

  • District: 543400
  • Section: 63.119
  • Parcel: 543400 63119-00-817439
  • Lot: 817.439
  • Municipality: ONTARIO
  • Latitude: 43.276
  • Longitude: -77.2667

    Address

  • Full Address: 2380 Lake Rd
  • Address - House Number: 2380
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ontario
  • Carrier Code: R001
  • 4-Digit Zip Code: 9712
  • Zip Code: 14519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,136
  • Tax Rate Code Area: 543401

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 275,756
  • High Value: 334,430
  • Low Value: 217,083

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 23, 2051
  • Second Open Lien Mortgage Lender: ESL FCU
  • Second Open Lien Mortgage Recording Date: Aug 08, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 08, 2052

    Market Valuation

  • Market Total Value: $207,500
  • Market Land Value: $51,190
  • Market Improvement Value: $156,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,300
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $131,300

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11871814111
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R9238947
  • Previous Sale Recording Date: Sep 23, 2021
  • Previous Sale Contract Date: Aug 17, 2021
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CO
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Wayne



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Frequently Asked Questions

What neighborhood is 2380 Lake Road located in?
The 2380 Lake Road is a located in the neighborhood of Ontario in Wayne, Ontario.
What is the average sales price for listings in 2380 Lake Road?
The average sales price for units in 2380 Lake Road is $0 currently.

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