NOT LISTED FOR SALE

243 E Main St Penn Yan, NY 14527

Estimated Value: $174,000 - $238,000

4 Beds
2 Baths
2,112 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $128,000 $61 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Thermal Windows
  • Baseboard Heating

About This Home

As of October 2018

STOP PAYING RENT!!! Let your tenants pay your mortgage. Nice 2 unit apartment house on good street at the edge of town. Both apartments are large 2 bedrooms with separate utilities and washer dryer hook ups. Replacement windows and doors, fresh paint, beautiful back deck, plenty of parking. Comes with woodtex shed with electric that makes an awesome workshop. 1st floor apartment has possible 3rd bedroom or another good storage area.

Last Agent to Sell the Property

Daniel Morse

Listing by Keuka Lake & Land Realty License #10331200133 Listed on: 07/30/2018

Last Buyer's Agent

Austin Lapp

Listing by Wine Trail Properties, LLC License #10491205094

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1898

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 132 x 112

Home Design

  • Stone Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Partial Basement
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage, lawn maintenance, snow removal
  • Tax Lot 35
  • Assessor Parcel Number 573001-062-021-0001-035-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,600
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,225

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1600
  • NY Swis Code: Penn Yan Village-Milo-573001
  • Total Assessed Value: 93600
  • Foundation Description: Stone
  • Gross Annual Income: 15600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 112
  • Lot Information: Neighborhood Street, Right of Way
  • Lot Number: 35
  • Nearest Cross Street: South Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 377136.12
  • Ratio Close Price By Sq Ft: 60.61
  • Ratio List Price By Acres: 368296.99
  • Ratio List Price By Sq Ft: 59.19
  • Regional Board Code: Rochester
  • Rent Includes: Garage, Lawn Maintenance, Snow Removal
  • School Tax: 1033
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Village: Penn Yan-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 14784
  • Age of Building: 124
  • Year Built: 1898
  • Directions To Property: Take Lake St to East Main st,
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1898

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 2112

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Thermal Windows - Some
  • Number of Acres: 0.3394

Garage/Parking

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

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air, Municipal Electric
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Penn Yan

Lot Info

  • Parcel Number: 573001-062-021-0001-035-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3225

MLS Schools

  • School District Name: Penn Yan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 29, 2018
Sold by
Magee Chase
Bought by
Voigt Brynn E and Voigt Harrett P
Seller's Agent
Daniel Morse
Keuka Lake & Land Realty
Buyer's Agent
Austin Lapp
Wine Trail Properties, LLC
List Price
$125,000
Sold Price
$128,000
Premium/Discount to List
$3,000
2.4%
Current Estimated Value
$201,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,577
Avg. Annual Appreciation
6.68%
Original Mortgage
$130,752
Outstanding Balance
$114,024
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$87,553

Purchase Details

Closed on
May 27, 2008
Sold by
Morse Daniel T
Bought by
Magee Chase

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,457
Interest Rate
6.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Voigt Brynn E $128,000 None Available
Magee Chase $88,830 Valerie G Gardner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voigt Brynn E $130,752
Previous Owner Magee Chase $87,457
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $128,000 +2.4% $61 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $125,000 -- $59 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $4,017 $145,000 $22,400 $122,600
2023 $4,017 $145,000 $22,400 $122,600
2022 $4,056 $121,000 $22,400 $98,600
2021 $3,950 $121,000 $22,400 $98,600
2020 $3,886 $121,000 $22,400 $98,600
2019 $3,311 $121,000 $22,400 $98,600
2018 $3,311 $93,600 $20,000 $73,600
2017 $3,199 $93,600 $20,000 $73,600
2016 $3,164 $93,600 $20,000 $73,600
2015 -- $93,600 $20,000 $73,600
2014 -- $85,800 $18,900 $66,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1136995

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573001-062-021-0001-035-000-0000