NOT LISTED FOR SALE

4008 State Route 31 Palmyra, NY 14522

Estimated Value: $227,000 - $324,000

4 Beds
4 Baths
2,200 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $270,000 $123 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,153/month

6 Days on Market

Highlights

  • 1.4 Acre Lot
  • Wood Flooring
  • Sliding Doors
  • Deck
  • Programmable Thermostat
  • Central Air

About This Home

As of November 2022

Great owner-occupied or Duplex rental investment opportunity. Each unit has 1,200 sq.ft living space w/2 BD, 1.5 BA, 3 season sun room & porch access. Large private yard (set back from road), parking/turnaround, garage & full basement. All separate utilities. All appliances (including washer/dryer) per unit included in sale. Improvements; #4008 - bathroom floor & vanity, porch stairs #4010 - Kitchen cabinets, granite countertops, shower/tub enclosure, 150 amp electrical panel/svc & generator hook-up, porch stairs. Rent is currently below market and can bring in $1,450 -1,525 per unit in income. The sqft, #BR, #BA is owner verified.

Last Agent to Sell the Property

Derek Greene

Listing by The Greene Realty Group License #10371200613 Listed on: 07/05/2022

Last Buyer's Agent

Michele Schicker

Listing by Howard Hanna License #10401267706

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,914

Year Built

  • Built in 1965

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 323 x 203
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Rent includes refuse removal, snow removal
  • Tax Lot 839
  • Assessor Parcel Number 543689-065-111-0000-839-675-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $10,000
  • Gross Income $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,914

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Annual Operating Expenses: 10000
  • NY Swis Code: Palmyra-543689
  • Total Assessed Value: 167600
  • Foundation Description: Block
  • Gross Annual Income: 14100
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 323
  • Lot Dimension Front: 203
  • Lot Number: 839
  • Lot Shape: Rectangular
  • Nearest Cross Street: Hammond Rd
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 192857.14
  • Ratio Close Price By Sq Ft: 122.73
  • Ratio List Price By Acres: 192142.86
  • Ratio List Price By Sq Ft: 122.27
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Snow Removal
  • Roof Description: Asphalt, Shingles, Sloped
  • School Tax: 4202
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 60984
  • Age of Building: 57
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 2116
  • Directions To Property: Heading East on NY 31 past the Village of Palmyra, past RT 21 intersection continue past Cross Creek Church, property on right 100 yards past Hammond Rd: horseshoe driveway.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Pex Plumbing- Some, Sliding Glass Door, Sump Pump
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Aluminum/Steel, Frame, Wood
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, Satellite Dish
  • Number of Acres: 1.4000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Baseboard, Heat Pump, Hot Water, Municipal Electric, Programmable Thermostat
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Air Conditioning, Electricity, Gas, Water
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Palmyra-Macedon

Lot Info

  • Parcel Number: 543689-065-111-0000-839-675-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 6914

MLS Schools

  • School District Name: Palmyra-Macedon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 26, 2022
Sold by
Farciglia Michael
Bought by
Adkins Theresa E and Rader Charles W
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Michele Schicker
Howard Hanna
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%
Views
71
Current Estimated Value
$295,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,058
Avg. Annual Appreciation
3.22%
Original Mortgage
$189,000
Outstanding Balance
$182,292
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,766
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
Adkins Theresa E $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Theresa E $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $270,000 +0.4% $123 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $269,000 +63.0% $122 / Sq Ft
05/15/2013 05/15/13 Sold $165,000 -13.1% $78 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
08/01/2012 08/01/12 For Sale $189,900 -- $90 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $6,593 $216,700 $22,000 $194,700
2023 $6,593 $216,700 $22,000 $194,700
2022 $6,765 $216,700 $22,000 $194,700
2021 $6,461 $167,600 $17,600 $150,000
2020 $6,525 $167,600 $17,600 $150,000
2019 $6,506 $167,600 $17,600 $150,000
2018 $6,985 $158,000 $17,600 $140,400
2017 $6,413 $158,000 $17,600 $140,400
2016 $6,512 $158,000 $17,600 $140,400
Source: Public Records

Agents Affiliated with this Home

  • Derek Greene

    Seller's Agent in 2022

    Derek Greene

    The Greene Realty Group

    (860) 560-1006

    1 in this area

    2,968 Total Sales

    Derek Greene
    Section Image
  • Michele Schicker

    Buyer's Agent in 2022

    Michele Schicker

    Howard Hanna

    (585) 472-5508

    5 in this area

    52 Total Sales

    Michele Schicker
    Section Image

  • A

    Seller's Agent in 2013

    Allen Jessman

    Keller Williams Realty Greater Rochester

    Section Image
  • John Antetomaso

    Buyer's Agent in 2013

    John Antetomaso

    RE/MAX

    (585) 279-8170

    91 Total Sales

    John Antetomaso
    Section Image
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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1418161

Western New York Real Estate Information Services (WNYREIS)

APN: 543689-065-111-0000-839-675-0000

New York Wayne County Palmyra 14522

4008 State Route 31, Palmyra, NY

This home is located at 4008 State Route 31, Palmyra, NY 14522 since 05 July 2022 and is currently estimated at $295,058, approximately $134 per square foot. This property was built in 1965. 4008 State Route 31 is a home located in Wayne County with nearby schools including Palmyra-Macedon Primary School, Palmyra-Macedon Intermediate School, and Palmyra-Macedon Middle School.

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