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42 Lake Avenue

42 Lake Avenue, Silver Creek, NY 14136
Land in Hanover
42 Lake Avenue in Silver Creek, NY was first built in 1970 and is 54 years old. This has been categorized as a commercial property type. There are a total of 2 floors. In total, the area measurement of the land is 209,088 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 good. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. As for heating, the home is utilizing oil. 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, 42 Lake Avenue was last sold in Aug 3, 2016 for $361,340. According to our calculations, that's $63.73 per sqft. Prior to that sales transaction, the property was sold for $74,616 in Dec 19, 2001. Current property owners are expected to pay $0 in taxes per year. The property on 42 Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $355,000. To break that down further, the land itself was valued at $84,000. While improvements to the property were assessed at a total of $271,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Wood Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 525
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 209,088
  • Total Building Area: 5,670
  • Gross Building Area: 5,670
  • Building Area: 5,670
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 4.8
  • Standard Land Use Code: Restaurant
  • Legal Description 1: OLD APN: 064603 102-1-1

Ownership

  • Current Owner : COUNTY OF CHAUTATUQUA
  • Previous Owner : SUSAN MARSH DIR FINANCE OR HER SUCCESSOR
  • Owner Before Previous Owner: COUNTY OF CHAUTAUQUA, NEW YORK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 11, 2024

Neighborhood

  • School District Name: Silver Creek Central School District
  • School Tax School District: SILVER CREEK
  • Census Tract: 035100

Zoning

  • Zoning: C

Geography

  • District: 064603
  • Section: 32.13
  • Parcel: 064603 32.13-1-18
  • Block: 1
  • Lot: 18.000
  • Municipality: SILVER CREEK
  • Latitude: 42.549
  • Longitude: -79.1699

    Address

  • Full Address: 42 Lake Ave
  • Address - House Number: 42
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Silver Creek
  • Carrier Code: C001
  • 4-Digit Zip Code: 1042
  • Zip Code: 14136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 64601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,007,255
  • First Open Lien Mortgage Lender: COMMUNITY BANK NATIONAL ASSOCI
  • First Open Lien Mortgage Recording Date: May 24, 2023
  • First Open Lien Mortgage Loan Amount: $1,007,255
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 24, 2053

    Market Valuation

  • Market Total Value: $612,069
  • Market Land Value: $144,828
  • Market Improvement Value: $467,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,000
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $271,000

    Sales

  • Current Sale Contract Date: Aug 03, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Transaction ID: 1923613403
  • Current Sale Price: $361,340
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 31, 2002
  • Previous Sale Contract Date: Dec 19, 2001
  • Previous Sale Amount: $74,616
  • Previous Sale Document Type: Deed

About Silver Creek



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Frequently Asked Questions

What neighborhood is 42 Lake Avenue located in?
The 42 Lake Avenue is a land located in the neighborhood of Hanover in Silver Creek, Silver Creek.
What is the average sales price for listings in 42 Lake Avenue?
The average sales price for units in 42 Lake Avenue is $0 currently.

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