NOT LISTED FOR SALE

4398 State Route 31 Palmyra, NY 14522

Estimated Value: $220,000 - $247,599

3 Beds
1.5 Baths
1,862 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $160,000 $86 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,633/month

27 Days on Market

Highlights

  • 1.88 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Raised Ranch Architecture
  • Porch
  • Combination Dining and Living Room

About This Home

As of August 2022

This spacious 3 bedroom, 1 1/2 bath raised ranch is boasting with lots of natural light. A large formal dining room, living room, family room, full basement with laundry room. Expansive backyard is ideal for outdoor entertaining. Located within walking distance to the Erie Canal with tons of beautiful scenic trails filled with wildlife or go fishing, boating, cayaking and biking. Rural country setting minutes to shopping, grocery, quality restaurants, brewery and 3 local ice cream shops. Showings start immediately.
Please allow seller 24 hour notice for showings. No showings between 12-3. Masks required at all showings.
Open House June 11th from 1:00 - 3:00

Last Agent to Sell the Property

Ricki Friends

Listing by Howard Hanna Lake Group License #10401346992 Listed on: 05/23/2022

Howard Hanna Lake Group

Last Buyer's Agent

Kurt Ledgerwood

Listing by Griffith Realty Group License #10301222352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1958

Lot Details

  • 1.88

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 1.88 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 543689-066-111-0018-318-140-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1958

Lot Details

0

Listing Details

  • NY Swis Code: Palmyra-543689
  • Total Assessed Value: 120000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Primary Road
  • Nearest Cross Street: Port Gibson Rd
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 85106.38
  • Ratio Close Price By Sq Ft: 85.93
  • Ratio List Price By Acres: 90372.34
  • Ratio List Price By Sq Ft: 91.25
  • Regional Board Code: Rochester
  • School Tax: 2549
  • Styles of Residence: Raised Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 64
  • Year Built: 1958
  • Directions To Property: From Rochester take I-490 E, Take exit 26 to merge onto NY-31 E/Palmyra Rd toward Palmyra, destination will be on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Family Room, Laundry-Basement, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Finished
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Refrigerator
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Not Repto Code: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1862

Exterior Features

  • Construction: Brick
  • Number of Acres: 1.8800

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water, Steam
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Newark

Lot Info

  • Parcel Number: 543689-066-111-0018-318-140-0000

Tax Info

  • Total Taxes: 4050

MLS Schools

  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 16, 2022
Sold by
Coates Natalia I and Coates Nathan D
Bought by
Gibbs Kyle L and Gibbs Schyler M
Seller's Agent
Ricki Friends
Howard Hanna Lake Group
Buyer's Agent
Kurt Ledgerwood
Griffith Realty Group
List Price
$188,000
Sold Price
$160,000
Premium/Discount to List
-$28,000
-14.89%
Current Estimated Value
$232,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,900
Avg. Annual Appreciation
13.01%
Original Mortgage
$152,000
Outstanding Balance
$145,478
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,422

Purchase Details

Closed on
Jul 2, 2021
Sold by
Coates Natalia I and Coates Nathan D
Bought by
Coates Natalia I and Coates Nathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 31, 2018
Sold by
Tyler Phillip
Bought by
Coates Natalie I and Coates Hathan D
Seller's Agent
Kimberlee Meeks
Doebler Realty, LLC
Buyer's Agent
Susan Glenz
Keller Williams Realty Greater Rochester
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$122,222
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Messerschmidt Alfred
Bought by
Tyler Phillip

Purchase Details

Closed on
Jun 3, 2005
Sold by
Coco Development Llc
Bought by
Messerschmidt Alfred

Purchase Details

Closed on
Apr 22, 2004
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibbs Kyle L $160,000 None Available
Coates Natalia I -- None Available
Coates Natalia I -- None Available
Coates Natalie I $119,000 --
Coates Natalie I $119,000 --
Tyler Phillip $87,628 Sean Lair
Messerschmidt Alfred $67,500 Michael Ringroe
-- $72,359 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Kyle L $152,000
Previous Owner Coates Natalia I $142,450
Previous Owner Coates Natalie I $122,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $160,000 -5.8% $86 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $169,900 -7.2% $91 / Sq Ft
06/03/2022 06/03/22 Price Changed $183,000 -2.7% $98 / Sq Ft
05/23/2022 05/23/22 For Sale $188,000 +58.0% $101 / Sq Ft
02/02/2018 02/02/18 Sold $119,000 0.0% $64 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $119,000 0.0% $64 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $119,000 -- $64 / 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 $4,473 $179,800 $24,400 $155,400
2023 $4,473 $179,800 $24,400 $155,400
2022 $4,582 $179,800 $24,400 $155,400
2021 $4,050 $120,000 $19,500 $100,500
2020 $4,029 $120,000 $19,500 $100,500
2019 $3,942 $120,000 $19,500 $100,500
2018 $4,941 $125,700 $19,500 $106,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ricki Friends

    Howard Hanna

    (607) 242-6282

    1 in this area

    14 Total Sales

    Ricki Friends
    Section Image
  • Kurt Ledgerwood

    Buyer's Agent in 2022

    Kurt Ledgerwood

    Griffith Realty Group

    (585) 704-2721

    1 in this area

    68 Total Sales

    Kurt Ledgerwood
    Section Image

  • K

    Seller's Agent in 2018

    Kimberlee Meeks

    Doebler Realty, LLC

    8 in this area

    95 Total Sales

    Kimberlee Meeks
    Section Image
  • Susan Glenz

    Buyer's Agent in 2018

    Susan Glenz

    Keller Williams Realty Greater Rochester

    (585) 356-1618

    4 in this area

    983 Total Sales

    Susan Glenz
    Section Image
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Map

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

MLS Number: R1407852

Upstate New York Real Estate Information Services (UNYREIS)

APN: 543689-066-111-0018-318-140-0000

New York Wayne County Palmyra 14522

4398 State Route 31, Palmyra, NY

This home is located at 4398 State Route 31, Palmyra, NY 14522 since 23 May 2022 and is currently estimated at $232,900, approximately $125 per square foot. This property was built in 1958. 4398 State Route 31 is a home located in Wayne County with nearby schools including Norman R. Kelley Intermediate School, Newark Middle School, and Newark Senior High School.

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