Check Availability

8973 South Lake Road

8973 South Lake Road, Hammondsport, NY 14840
House in Urbana
Sold Oct 30, 2019
$740,000
$484,350 by Corning Fcu
Mortgage Due Oct 30, 2049
Sold Jun 17, 2016
$645,000
$500,000 by Jersey Shore State Bank
Mortgage
8973 South Lake Road in Hammondsport, NY was first built in 1997 and is 27 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 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 are a total of 2 full bathrooms. There are 3 partial bathrooms. 8973 South Lake Road has 2,000 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 1,590 ft and the linear feet between the front and back of the lot is 650. In total, the area measurement of the land is 12,632 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 well 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 alum/vinyl siding. As for heating, the home is utilizing a forced air unit 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, 8973 South Lake Road was last sold in Oct 18, 2019 for $740,000. According to our calculations, that's $370.00 per sqft. Prior to that sales transaction, the property was sold for $645,000 in Jun 17, 2016. Current property owners are expected to pay $17,010 in taxes per year. The property on 8973 South Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $741,000. To break that down further, the land itself was valued at $338,000. While improvements to the property were assessed at a total of $403,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 173 ELR AV UP 03/ PURGE OLD BP

Ownership

  • Current Owner : LEE JOSEPH J
  • Current Owner 2: LEE MEREDITH R
  • Previous Owner : BROWN WILLIAM C
  • Owner Before Previous Owner: BILLINGS F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hammondsport Central School District
  • School Tax School District: HAMMONDSPORT
  • Census Tract: 961400

Zoning

  • Zoning: R

Geography

  • Account Number: 0001619-000
  • District: 467289
  • Section: 118.08
  • Parcel: 467289 118.08-01-004.100
  • Block: 1
  • Lot: 4.100
  • Municipality: URBANA (TOV)
  • Latitude: 42.4095
  • Longitude: -77.2003

    Address

  • Full Address: 8973 S Lake Rd
  • Address - House Number: 8973
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hammondsport
  • Carrier Code: R003
  • 4-Digit Zip Code: 7903
  • Zip Code: 14840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,010
  • Tax Rate Code Area: 467201

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 730,978
  • High Value: 818,307
  • Low Value: 643,648

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $591,350
  • First Open Lien Mortgage Lender: CORNING FCU
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Loan Amount: $484,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 30, 2049
  • Second Open Lien Mortgage Lender: CORNING FCU
  • Second Open Lien Mortgage Recording Date: Oct 30, 2019
  • Second Open Lien Mortgage Loan Amount: $107,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Oct 30, 2049

    Market Valuation

  • Market Total Value: $892,771
  • Market Land Value: $407,229
  • Market Improvement Value: $485,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $741,000
  • Assessed Land Value: $338,000
  • Assessed Improvements Value: $403,000

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11704616920
  • Current Sale Price: $740,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 17, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNING FCU
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Mortgage Lender: CORNING FCU
  • Second Mortgage Transaction Date: Oct 30, 2019
  • Second Mortgage Loan Amount: $107,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Previous Mortgages

  • Previous Mortgage Lender: JERSEY SHORE STATE BANK
  • Previous Mortgage Transaction Date: Jun 17, 2016
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Steuben



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8973 South Lake Road located in?
The 8973 South Lake Road is a house located in the neighborhood of Urbana in Steuben, Hammondsport.
What is the average sales price for listings in 8973 South Lake Road?
The average sales price for units in 8973 South Lake Road is $0 currently.

Quantcast