ADDRESS: 4555 Warner Bay Rd. Bemus Point, NY

Approximate Lot Size: 42.5 Ft. x 132 Ft.

Construction: Wood Frame

Age: 31 Years (1980 Approx) Public Record, Original Structure 1945 Estimated

Approximate Square Footage: 810 Sq. Ft.

Approximate Taxes:

2010 –2011 School Tax:        $ 2117.02

2011 Town & County:           $ 1787.35

Approx. Total Taxes: $ 3904.37

AMENITIES

* Excellent swimming and boating lake front.

* The location provides a beautiful evening of sun sets and a panoramic view of Chautauqua Lake.

*  Exterior of the seasonal home provides low on going maintenance.

* Close proximity to Long Point State Park, Midway Park, and Bemus Point with it’s restaurants.

* A short drive to world famous Chautauqua Institution.

* The area around Chautauqua Lake has an unlimited number of fine restaurants, shopping & recreational activities.

* Chautauqua Lake offers a excellent fishing opportunity for a number of different fish species.

* Sale of property includes a 100 Ft. long sectional aluminum dock with 10 ft. T section.

* The property is located in a prime recreational area of Western, NY, offering all types of outside summer and winter activities, such as hunting, fishing, golfing, skiing, snowmobiling, etc.

4 rooms  /  Room Dimensions

Living Room & Kitchen: 22’-2”x 11’-6”

Dining Room: 12’-10”x 13’=10”

Bedroom: 7’-10”x 15’-5”

Bedroom: 9’-9” x 7’-5”

Bathroom: 5’x 7’-5”

Entry: 4’-6”x 8’-3”

Utility Room: 4’-6”x 7’

BUILDING STRUCTURE INFORMATION

Basic Structure Size: Starting at the North East Corner (Clockwise): 37’x 5’x 13’-1”x 5’x 14’-2”x 13’-11”x 14’-3”x 15’-5”x 20’-2” x 15’-7”x 7’-6”x 5’-4 1/2”x 22’-6”x 14’-3”

Reference Sketches: 8038

Attached Single Car Garage: 14’-3”x 22’-6”

Open Covered Enclosed Porch: 15’-7”x 7’-6”

Open Lakeside Deck (1/3 Covered): 15’-5”x 14’-3”

Roof: Asphalt Fiberglass Shingle

Siding: II-II Painted, Color-Brown

Trim: Wood, Painted-Brown

Facia: Aluminum, Color-Brown

Soffitt: Aluminum, Ventilated, Color-Brown

Windows: Combination of wood sash, double hung, easement, awning, sliding glass window, single pane with aluminum storm window with screen.

Basement: None, Crawl Space

Foundation: Combination of poured concrete walls and concrete block

Garage Floor: Gravel

Covered Porch Deck: 10”x 30”, Concrete Slabs

Open Lakeside Deck: 2”x 6”, Painted

Driveway: Grass

Boat Dock: Alumidock

14 Sections, 32”x 8’ Long With Stands

2 Sections 5’x 8’ (T Section)

1 Aluminum Dock Ladder

UTILITIES

Sanitary Sewage: Municipal

Chautauqua Lake Sewer District

Cost: $106.50 Quarter

Water: Hand Driven Well. No information available  on well.

Water System: Rapid Dayton centrifugal shallow well  pump with Well/Trol bladder tank.

Electric Service: 60 Amp. “Square D”, 4 fuse entrance service box.

Heating: Lennox Natural gas forced air furnace.

Hot Water: Hot Point, 40 gal. natural gas hot water tank.

Natural Gas Provider: National Fuel Gas Corp.

Electric Provider: National Grid Power Corp.

Telephone Provider: Altel

Cable TV: Time Warner

Internet Provider: Road Runner-Time Warner

PROPERTY DATA:

Zoning: 210, 1 Family Residential, Waterfront

School District: Bemus Point Central School

Township: Ellery

Old Tax Identification: Section 28 Block 1 Lot 26

New Tax Identification: 315.11-1-55

Property Assessment:

Land: $ 84,000

Improvement: $ 45,000

Total Assessment: $129,000

NOTE: Assessed Value Estimated @ 77% of Market Value

County: Chautauqua

Deed Reference: Liber 1942 Page 426 Filed 8/25/1982

Title Search: To Be Furnished

Survey Reference: None Known, To Be Furnished By Seller

Owner Of Record: H. Arnold & Donna Rae Swanson & Clifford Carlson

Flood Plain Information:

In the opinion of Howard & Associates Real Estate the property is or could possibly be in a designated flood plain.

Note: It is the responsibility of the purchaser/ purchasers to verify and satisfy themselves of this fact.

Possession: Deed Recording

Legal Representative:

Fessenden Laumer & DeAngelo

Attorney Neil M. Robinson

81 Forest Ave.

Jamestown, NY 14701

716-484-1010

Furnishings Included: As Inspected

Appliances Included:

* Speed Queen H.D. Washing Machine

* Hot Point Natural Gas Clothes Dryer

* Hot Point No Frost Side By Side Refrigerator/Freezer

* Kenmore Microwave

* NOTE: Appliances included in their “AS IS”   Condition.

DISCLOSURES:

1. Subject to all restrictions, easements, rights-of-way, building lines, leases and oil and gas leases of record, and to all easements and rights-of-way visible and discoverable upon an inspection of the premises.

2. Square Footage: If the square footage is important to the Buyer/Buyers they should have the property measured and not rely upon the information provided in this property prospectus.

3. Sale Price To Current Assessment Disclosure: Under current assessment practices, in order to maintain 100% equalization rate, if the assessment does not equal the sale price you may expect at some point, the assessment to be changed to reflect the actual sale price. If you have questions contact the local town assessment office in which the property is located.

4.  Survey Disclosure: All property dimensions are approximate and subject to verification by a current land / plot survey

5. Flood Plain Insurance Disclosure:

In the opinion of Howard & Associates Real Estate the property is or could possibly be in a designated flood plain.

Note: It is the responsibility of the purchaser/ purchasers to verify and satisfy themselves of this fact.

NOTE: If flood insurance is required then a Federal Emergency Agency Elevation

Certificate should be completed, filed and approved by the National Flood Insurance

Program Agency showing the dwelling at an elevation well above the established flood Elevation

NOTE: It is recommended before purchasing a property that may require flood insurance, that you contact your purposed insurance carrier for a price quotation

NOTE: Not all lending institutions will accept an elevation certificate showing the property out of the flood plain. Verify this fact with your lending institution. Many will require flood insurance even though an elevation certificate shows the property to be out of the flood plain.

NOTE :  Howard & Associates believes all

information to be accurate but subject to verification.