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518 Lakeview Terrace

518 Lakeview Terrace, Webster, NY 14580
Property in Webster
Sold Oct 01, 2021
$252,500
$239,875 by Genesee Regional Bank
Mortgage Due Nov 01, 2051
Sold Sep 08, 2017
$144,000
$115,200 by Hudson Valley Fcu
Mortgage Due Oct 01, 2047
518 Lakeview Terrace in Webster, NY was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 518 Lakeview Terrace has 2,059 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. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,392. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. There is a open 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. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 518 Lakeview Terrace sold most recently in Sep 20, 2021 for a total of $252,500. If you work out the math, that's approximately a cost of $122.63 per sqft. Before that, the property was also sold for $144,000 in Aug 23, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,332 in taxes each year. 518 Lakeview Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,600. If we break it down further, the land itself was valued at $27,500. Improvements to the property, however, were assessed at a total of $134,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,392
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,059
  • Building Area: 2,059
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,059
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHN A GLASSERS SUBDIVISION
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0065-14-07 GLASSER L18 0039017

Ownership

  • Current Owner : CASH JOANNA M
  • Previous Owner : MINGOLLA FRANK
  • Previous Owner 2: MINGOLLA ROBERTA M
  • Owner Before Previous Owner: FULLER DANIEL P
  • Owner Before Previous Owner 2: HARVEY CAILIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Webster Central School District
  • School Tax School District: WEBSTER
  • Census Tract: 011203

Geography

  • Account Number: 03353000000
  • District: 265489
  • Section: 48.190
  • Parcel: 265489 048.19-2-48
  • Block: 2
  • Lot: 48.000
  • Municipality: WEBSTER (TOV)
  • Latitude: 43.2458
  • Longitude: -77.5053

    Address

  • Full Address: 518 Lake View Ter
  • Address - House Number: 518
  • Address - Street Name: Lake View
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Webster
  • Carrier Code: C012
  • 4-Digit Zip Code: 1025
  • Zip Code: 14580

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,332
  • Tax Rate Code Area: 265401

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 322,325
  • High Value: 388,815
  • Low Value: 255,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,875
  • First Open Lien Mortgage Lender: GENESEE REGIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $239,875
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $278,600
  • Market Land Value: $47,410
  • Market Improvement Value: $231,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,600
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $134,100

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11859698782
  • Current Sale Price: $252,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202110011139
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Contract Date: Aug 23, 2017
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENESEE REGIONAL BANK
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $239,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON VALLEY FCU
  • Previous Mortgage Transaction Date: Sep 08, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $115,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Monroe



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Frequently Asked Questions

What neighborhood is 518 Lakeview Terrace located in?
The 518 Lakeview Terrace is a located in the neighborhood of Webster in Monroe, Webster.
What is the average sales price for listings in 518 Lakeview Terrace?
The average sales price for units in 518 Lakeview Terrace is $0 currently.

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