NOT LISTED FOR SALE

44 South St Panama, NY 14767

Estimated Value: $150,000 - $200,000

4 Beds
2 Baths
2,124 Sq Ft
$79/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $120,000 $56 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,151/month

34 Days on Market

Highlights

  • Horses Allowed On Property
  • Old Style Architecture
  • Circular Driveway
  • Wood Flooring
  • Formal Dining Room
  • Separate Outdoor Workshop

About This Home

As of September 2021

Desirable Panama location. 4 or 5 bedroom home with 2 full bathrooms. Improvements include new plumbing and newer electric service. First floor features, kitchen, living room, dining room, full bathroom, large first floor bedroom and two bonus rooms, one of which could be used as another bedroom. Upstairs you have 3 more bedrooms and another full bathroom that has been remodeled. Out back there is a 4 bay garage attached to a two story barn. Plenty of room for all your toys and hobbies. All this is situated on 9 acres, conveniently located just a short drive to I-86, Lakewood and Chautauqua Institution.

Last Agent to Sell the Property

James Marchiando

Listing by ERA Team VP Real Estate License #10401325561 Listed on: 03/13/2021

ERA Team VP Real Estate

Last Buyer's Agent

Jeremy Holland

Listing by Real Estate Advantage License #10401348056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1875

Lot Details

  • 9 Acre Lot
  • Lot Dimensions are 1,262 x 345

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Country Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Circular Driveway
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • 220 Volts in Garage
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Separate Outdoor Workshop
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 064801-398-004-0001-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1875

Lot Details

0

Listing Details

  • NY Swis Code: Panama-Village-064801
  • Total Assessed Value: 92000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1262
  • Lot Dimension Front: 345
  • Lot Information: Agricultural District, Horses Permitted, Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Rt. 474 E Main Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 13333.33
  • Ratio Close Price By Sq Ft: 56.50
  • Ratio List Price By Acres: 17766.67
  • Ratio List Price By Sq Ft: 75.28
  • Regional Board Code: Rochester
  • School Tax: 1569
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Panama-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 435600
  • Age of Building: 147
  • Garage Amenities: Bay(s), Electrical Service, Heated, Shop Space, Storage
  • Year Built: 1875
  • Above Grade Finished Sq Ft: 2124
  • Directions To Property: Take Rt. 474 to four corners of Panama, left at the four corners house will be on the right.
  • Sq Ft Total Pub: 2124
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2124

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 9.0000

Garage/Parking

  • Driveway Description: Circular, Dirt
  • Garage Description: Detached
  • Number of Garage Spaces: 4.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Panama

Lot Info

  • Parcel Number: 064801-398-004-0001-005-000

Tax Info

  • Total Taxes: 3048

MLS Schools

  • School District Name: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Sep 7, 2021
Sold by
Lawson Timothy R and Eger Lori J
Bought by
Anthony Nola L
Seller's Agent
James Marchiando
ERA Team VP Real Estate
Buyer's Agent
Jeremy Holland
Real Estate Advantage
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Current Estimated Value
$167,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,969
Avg. Annual Appreciation
9.79%
Original Mortgage
$115,995
Outstanding Balance
$105,854
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$67,357

Purchase Details

Closed on
Apr 6, 2010
Sold by
Foust Calvin F
Bought by
Lawson Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,354
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 1998
Sold by
Pegan James S and Pegan Susan M
Bought by
Foust Calvin F
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
Anthony Nola L $120,000 None Available
Lawson Timothy R $79,800 Jason L Schmidt
Foust Calvin F $67,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony Nola L $115,995
Previous Owner Lawson Timothy R $78,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $120,000 -25.0% $56 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $159,900 -- $75 / 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 $3,105 $92,000 $26,000 $66,000
2023 $3,097 $92,000 $26,000 $66,000
2022 $2,954 $92,000 $26,000 $66,000
2021 $3,003 $92,000 $26,000 $66,000
2020 $3,006 $92,000 $26,000 $66,000
2019 $9,812 $92,000 $26,000 $66,000
2018 $3,063 $92,000 $26,000 $66,000
2017 $2,968 $83,300 $22,500 $60,800
2016 $2,996 $83,300 $22,500 $60,800
2015 -- $83,300 $22,500 $60,800
2014 -- $83,300 $22,500 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1323568

Chautauqua-Cattaraugus Board of REALTORS®

APN: 064801-398-004-0001-005-000