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2005 Lake Road

2005 Lake Road, Elmira, NY 14903
Property in Elmira
Sold Apr 14, 2006
$50,000
$50,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2030
2005 Lake Road in Elmira, NY was first built in 1940 and is 84 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 traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2005 Lake Road has 1,368 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 510 ft and the linear feet between the front and back of the lot is 1,090. In total, the area measurement of the land is 5,559 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 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. For those who need parking, there is a detached garage. The garage is 216 sqft. There is one available parking space. 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 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, 2005 Lake Road was last sold in Apr 13, 2006 for $50,000. According to our calculations, that's $36.55 per sqft. Current property owners are expected to pay $2,310 in taxes per year. The property on 2005 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,300. To break that down further, the land itself was valued at $8,000. While improvements to the property were assessed at a total of $57,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,559
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,368
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 387 LOT 8

Ownership

  • Current Owner : ROUSSEL ALICE J
  • Previous Owner : DICKINSON STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elmira Heights Central School District
  • School Tax School District: ELMIRA HEIGHTS
  • Census Tract: 010800

Zoning

  • Zoning: GB

Geography

  • Account Number: 03817
  • District: 073089
  • Section: 79.11
  • Parcel: 073089 79.11-1-33
  • Block: 1
  • Lot: 33.000
  • Municipality: ELMIRA (TOV)
  • Latitude: 42.1232
  • Longitude: -76.81

    Address

  • Full Address: 2005 Lake Rd
  • Address - House Number: 2005
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Elmira
  • Carrier Code: C070
  • 4-Digit Zip Code: 1821
  • Zip Code: 14903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,310
  • Tax Rate Code Area: 073402

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 103,660
  • High Value: 135,167
  • Low Value: 72,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 14, 2006
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 284
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Market Valuation

  • Market Total Value: $89,452
  • Market Land Value: $10,959
  • Market Improvement Value: $78,493

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,300
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $57,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2006
  • Current Sale Recording Date: Apr 14, 2006
  • Current Sale Transaction ID: 1193683609
  • Current Sale Price: $50,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 14, 2006
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 284
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2030

About Chemung



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Frequently Asked Questions

What neighborhood is 2005 Lake Road located in?
The 2005 Lake Road is a located in the neighborhood of Elmira in Chemung, Elmira.
What is the average sales price for listings in 2005 Lake Road?
The average sales price for units in 2005 Lake Road is $0 currently.

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