12889 Iola Drive

Hanover, NY 14081

$425,000
Price
5
Beds
2
Baths
1,297 Sq. Ft.
$328 / Sq. Ft.
1,297
Sq. Ft.
$328
per Sq. Ft.

Description

Welcome to the much sought-after Sunset Bay Lakefront Community - and not one, but TWO cottages on one lot just steps away from the beach. Watch the sunset from your own front porch! Extremely short walk to the beach - the only way to be closer would include the cost of lakefront property. Deeded water rights. Perfect set up for personal use or rental income – OR BOTH. Frontage on both Iola Dr and Shady Ln. The main cottage features 3 bedrooms, 1 bath, LR & large eat-in kitchen, covered outside lounge...Welcome to the much sought-after Sunset Bay Lakefront Community - and not one, but TWO cottages on one lot just steps away from the beach. Watch the sunset from your own front porch! Extremely short walk to the beach - the only way to be closer would include the cost of lakefront property. Deeded water rights. Perfect set up for personal use or rental income – OR BOTH. Frontage on both Iola Dr and Shady Ln. The main cottage features 3 bedrooms, 1 bath, LR & large eat-in kitchen, covered outside lounge area with concrete slab & carport. Rental income potential is year-round for the main cottage. Second cottage features 2 bedrooms, 1 bath, K, LR and loft area with potential to add finished space and a great front porch to watch the sunset. Shingle roof 2015, metal roof 2020. Seller willing to share list of renters with buyer. Can be sold furnished, if desired. Showings begin immediately!
  1. Listed by Kathryn Trina Schiavitti • HUNT Real Estate ERA
    P: 716-633-5350 C: 716-998-7887 trina@your716home.com

Property Details for 12889 Iola Drive

Waterfront Description
Beach Access, Lake
On Waterfront
No
Parking Description
Carport, No Driveway
Nearest Cross Street
Shady Lane

Location

Listing Courtesy of HUNT Real Estate ERA
Add your commute
LISTING UPDATED: 02/16/2024 03:38 PM

Property Details for 12889 Iola Drive

StatusActive
MLS #B1508612
Days on Market174
Taxes$4,923 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1940
Lot Size0.09 AC / 3,752 SF
CountyChautauqua County

Location

Listing Courtesy of HUNT Real Estate ERA
Add your commute

Building Information for 12889 Iola Drive

Stories1Residences2Year Built1940Building Size-Lot Size0.09 AC / 3,752 SF

Payment Calculator

$2,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12889 Iola Drive

Summary
Location and General Information
  • Accessibility: Accessible Bedroom, No Stairs
  • Elementary School District: Silver Creek
  • High School District: Silver Creek
  • Middle Or Junior School District: Silver Creek
  • Village: Not Applicable
  • View: Water
  • View YN: Yes
  • Human YN: Yes
Parking
  • Carport YN: Yes
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Hanover-064689
  • Tax Annual Amount: $4,923.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1297.0
  • Land Features: Corner Lot, Flood Zone, Rectangular, Residential Lot
  • Num Of Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Square Feet: 3752.0
  • Lot Size Units: Acres
  • Parcel Number: 064689-032-008-0002-020-000
  • Road Frontage: City Street
  • Lot Number: 20
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $128,000
  • Year Built: 1940
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Exterior Features: Deck
  • Foundation Description: Pillar Post Pier
  • Patio And Porch Features: Deck
  • Roof Description: Metal, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: None
  • Basement YN: No
  • Num Of Possible Bedrooms: 5
  • HVAC Type: Window Units, Wall Units
  • Cooling YN: Yes
  • Door Features: Sliding Doors
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Sliding Glass Doors, Window Treatments, Bedroomon Main Level
  • Levels: One
  • Sq Ft Total: 1297.0
  • Main Level Bathrooms: 0
  • Window Features: Drapes
Multi Family
Multi-Family Information
  • Net Operating Income: -$4,923.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 1
  • Stories Total: 1
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Tenant Pays: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 12889 Iola Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12889 Iola Drive

Taxable ValueLand$8,100Additions$119,900Total$128,000
Home Facts
Baths2Total Finished SqFt901 SqFtAbove Grade Finished SqFt901 SqFtStories1Lot Size3,780 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningRCountyCHAUTAUQUAAPN064689 32.08-2-20

Schools near 12889 Iola Drive

This home is within Silver Creek Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silver Creek Elementary School
PublicPK to 5

Silver Creek Middle School
Public6 to 8

Silver Creek High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

12889 Iola Drive is a multi-family home for sale in Hanover, NY 14081. This property was listed for sale on November 7, 2023 by HUNT Real Estate ERA, it's currently listed at $425,000. It has been on the market for a total of 174 days and was last sold on June 20, 2005. This listing's school district is Silver Creek Central School District. Nearby schools include Silver Creek Elementary School, Silver Creek Middle School and Silver Creek High School. 12889 Iola Drive is a 5-bed, 2-bath, 1,297 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of HUNT Real Estate ERA

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.