NOT LISTED FOR SALE

34 South St Panama, NY 14767

Estimated Value: $65,000 - $161,438

4 Beds
2 Baths
1,710 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $55,000 $32 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $727/month

4 Days on Market

About This Home

As of September 2022

Welcome to 34-36 South St! Don't miss this rare opportunity to own a multi unit investment property in a rural Chautauqua County! Each unit has 2 bedrooms and 1 bathroom, ample parking, garage space and storage sheds. Both apartments are on the first floor. There is a 2nd floor that is unfinished and could be one or 2 more apartments with the proper permits. Separate utilities, tenant pays gas and electric. New hot water tanks in both units.

Last Agent to Sell the Property

Laura Ferraro

Listing by EXP-Premier Listings Team License #40FE1043219 Listed on: 06/28/2022

Last Buyer's Agent

Laura Ferraro

Listing by EXP-Premier Listings Team License #40FE1043219 Listed on: 06/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1920

Lot Details

  • 2.8 Acre Lot
  • Lot Dimensions are 400 x 240
  • Irregular Lot

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Stone Driveway

Schools

  • Panama K-6 Elementary School
  • Panama High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities
  • Tax Lot 36
  • Assessor Parcel Number 064801-398-002-0001-036-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,755

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Panama-Village-064801
  • Total Assessed Value: 53700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 400
  • Lot Dimension Front: 240
  • Lot Information: Agricultural District
  • Lot Number: 36
  • Lot Shape: Irregular
  • Nearest Cross Street: Stevens Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 19642.86
  • Ratio Close Price By Sq Ft: 32.16
  • Ratio List Price By Acres: 24964.29
  • Ratio List Price By Sq Ft: 40.88
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, No Utilities
  • Roof Description: Metal
  • School Tax: 897
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Panama-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 121968
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1710
  • Directions To Property: Center of Panama, left on South Street, before Stevens Rd. on Right Side
  • Sq Ft Total Pub: 1710
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Sq Ft: 1710

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 2.8000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Panama
  • Elementary School: Panama K-6
  • Middle School: Other - See Remarks
  • High School: Panama High

Lot Info

  • Parcel Number: 064801-398-002-0001-036-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1755

MLS Schools

  • Elementary School Name: Panama K-6
  • High School Name: Panama High
  • School District Name: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 9, 2022
Sold by
Porter Timothy L and Porter Tracey L
Bought by
Phillips Garrett and Phillips Abigail
Seller's Agent
Laura Ferraro
EXP-Premier Listings Team
Buyer's Agent
Laura Ferraro
EXP-Premier Listings Team
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$108,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,610
Avg. Annual Appreciation
26.14%

Purchase Details

Closed on
Mar 3, 2017
Sold by
Porter Tracey L
Bought by
Porter Timothy L

Purchase Details

Closed on
Mar 16, 2016
Sold by
Adamson William
Bought by
Porter Timothy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Phillips Garrett $55,000 None Available
Porter Timothy L -- Dana Lundberg
Porter Timothy $35,000 Dana Lundberg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $55,000 -21.3% $32 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $69,900 -- $41 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,812 $53,700 $15,600 $38,100
2023 $1,808 $53,700 $15,600 $38,100
2022 $1,724 $53,700 $15,600 $38,100
2021 $1,746 $53,700 $15,600 $38,100
2020 $1,634 $50,000 $15,600 $34,400
2019 $1,700 $50,000 $15,600 $34,400
2018 $1,700 $50,000 $15,600 $34,400
2017 $1,808 $50,000 $13,700 $36,300
2016 $3,674 $64,500 $13,700 $50,800
2015 -- $64,500 $13,700 $50,800
2014 -- $64,500 $13,700 $50,800
Source: Public Records

Agents Affiliated with this Home

  • Laura Ferraro

    Seller's Agent in 2022

    Laura Ferraro

    EXP-Premier Listings Team

    (716) 338-8622

    232 Total Sales

    Laura Ferraro
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1416967

Chautauqua-Cattaraugus Board of REALTORS®

APN: 064801-398-002-0001-036-000

New York Chautauqua County Panama 14767

34 South St, Panama, NY

This home is located at 34 South St, Panama, NY 14767 since 28 June 2022 and is currently estimated at $108,610, approximately $63 per square foot. This property was built in 1920. 34 South St is a home located in Chautauqua County with nearby schools including Panama Elementary School and Panama High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes