NOT LISTED FOR SALE

106 E Main St Penn Yan, NY 14527

Estimated Value: $181,000 - $203,000

5 Beds
2 Baths
2,888 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $110,000 $38 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,352/month

45 Days on Market

Highlights

  • 0.52 Acre Lot
  • Central Air
  • Multiple Heating Units
  • Wood Flooring
  • Baseboard Heating
  • Electric Fireplace

About This Home

As of January 2019

Come see this Main Street Penn Yan multi-family home. This property already has one side rented and the second unit is ready to have renters move in! If you are looking for an income property in Penn Yan, this is the place for you!

Last Agent to Sell the Property

Bryan Bobo

Listing by Hunt Real Estate ERA/Columbus License #10301215805 Listed on: 09/10/2018

Hunt Real Estate ERA/Columbus

Co-Listed By

Michelle Gray

Listing by Hunt Real Estate ERA/Columbus License #10401234574

Last Buyer's Agent

Brianne Kirk

Listing by Wine Trail Properties, LLC License #10401281687

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 1910

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 349 x 65

Home Design

  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 2,888 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Penn Yan Elementary School
  • Penn Yan Middle School
  • Penn Yan Academy High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance
  • Tax Lot 43
  • Assessor Parcel Number 573001-049-075-0002-043-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,970

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Penn Yan Village-Milo-573001
  • Total Assessed Value: 141800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 349
  • Lot Dimension Front: 65
  • Lot Information: Neighborhood Street
  • Lot Number: 43
  • Nearest Cross Street: Lake St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 211213.52
  • Ratio Close Price By Sq Ft: 38.09
  • Ratio List Price By Acres: 249423.96
  • Ratio List Price By Sq Ft: 44.98
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance
  • School Tax: 1632
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Penn Yan-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 22685
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Heading east on Main Street in Penn Yan, the property is on the left after passing Lake Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full, Slab
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2888

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.5208

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: AC-Central, Baseboard, Municipal Electric, Wall A/C Units-Some
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 573001-049-075-0002-043-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4970

MLS Schools

  • Elementary School Name: Penn Yan Elementary
  • High School Name: Penn Yan Academy
  • Middle School Name: Penn Yan Middle
  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 18, 2019
Sold by
Loveland Paul N and Loveland Family Trust
Bought by
106 Ems Llc
Seller's Agent
Bryan Bobo
Hunt Real Estate ERA/Columbus
Buyer's Agent
Brianne Kirk
Wine Trail Properties, LLC
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%
Current Estimated Value
$194,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,526
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 17, 2019
Sold by
Wagaman Theresa C and Poore Jody
Bought by
Loveland Paul N and Loveland Family Trust
Seller's Agent
Bryan Bobo
Hunt Real Estate ERA/Columbus
Buyer's Agent
Brianne Kirk
Wine Trail Properties, LLC
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Wagaman Mitchell
Bought by
Wagaman Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Robbins Matthew C Aileen A
Bought by
Wagaman Mitchell R Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Covert Peter B
Bought by
Robbins Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1996
Sold by
Ladd Bruce E and Ladd Shirley L
Bought by
Covert Peter and Covert Constance F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
106 Ems Llc -- None Available
Loveland Paul N $110,000 None Available
Wagaman Theresa -- --
Wagaman Mitchell R Theresa $139,900 Valerie G Gardner
Wagaman Mitchell R Theresa $139,900 Valerie G Gardner
Robbins Matthew C $130,000 Philip L Bailey
Covert Peter $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagaman Theresa $137,500
Previous Owner Wagaman Mitchell R Theresa $132,900
Previous Owner Robbins Matthew C $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $110,000 -15.3% $38 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $129,900 -- $45 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,834 $135,000 $24,000 $111,000
2023 $37 $135,000 $24,000 $111,000
2022 $3,687 $110,000 $24,000 $86,000
2021 $3,591 $110,000 $24,000 $86,000
2020 $6,176 $110,000 $24,000 $86,000
2019 $5,016 $110,000 $24,000 $86,000
2018 $5,016 $141,800 $20,700 $121,100
2017 $4,998 $141,800 $20,700 $121,100
2016 $4,794 $141,800 $20,700 $121,100
2015 -- $141,800 $20,700 $121,100
2014 -- $141,800 $18,800 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1146524

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573001-049-075-0002-043-000-0000