$200,000
SOLD MAY 30, 2025

504 Liberty St Penn Yan, NY 14527

6 Beds
3 Baths
3,216 Sq Ft
9,735 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

20% Below List Price

9 Days on Market

Highlights

  • Patio
  • Rectangular Lot
  • Carpet
  • High Speed Internet
  • Wood Siding
  • Heating Available

About This Home

As of May 2025

INVESTMENT OPPORTUNITY IS CALLING YOUR NAME!!! Multi unit in the village of Penn Yan within walking distance to the schools and downtown amenities. All municipal electric. Perfect for a owner occupy.

Last Agent to Sell the Property

Angelica Bruno

Listing by Keuka Lake & Land Realty License #10401297378 Listed on: 02/25/2025

Last Buyer's Agent

Dale Lane

Listing by Keuka Lake & Land Realty License #10331200134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1895

Lot Details

  • 9,735 Sq Ft Lot
  • Lot Dimensions are 59x165
  • Rectangular Lot

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units
  • Gross Income $26,400

Listing and Financial Details

  • Rent includes common area maintenance, gardener, snow removal, trash collection
  • Tax Lot 8
  • Assessor Parcel Number 573001-049-058-0001-008-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,065

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Trash Collection
  • Year Built: 1895
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2235
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 573001-049-058-0001-008-000-0000
  • Lot Dimensions: 59X165
  • Lot Size Sq Ft: 9735.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 4065.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 27, 2025
Sold by
Galusha Justin P
Bought by
Singh Bikramjit
Seller's Agent
Angelica Bruno
Keuka Lake & Land Realty
Buyer's Agent
Dale Lane
Keuka Lake & Land Realty
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
241.02%
Original Mortgage
$160,000
Outstanding Balance
$159,864
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$77,612

Purchase Details

Closed on
Jan 2, 2020
Sold by
Morse Daniel T
Bought by
Galusha Justin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Ou William R
Bought by
Morse Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2005
Sold by
Dean Wayne C
Bought by
Orr William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Similar Home in Penn Yan, NY

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    • 3 Baths
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    Situated in the Heart of Penn Yan Village this multifamily home offers a great investment opportunity. The large Corner lot offers plenty of parking and a 2-car garage with a shed. This 3-unit property has all separate utilities and has Penn Yan municipal electric, Apartment 1 is situated downstairs with its own private entrance and is a 2-bedroom apartment with living room, dining room and

    Paul Tyrrell Keuka Lake & Land Realty

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $145,000 None Available
Warranty Deed $145,000 None Available
Deed $75,000 Donald Schneider
Deed $75,000 Donald Schneider
Deed $70,000 Robert S Blazak
Deed $70,000 Robert S Blazak
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $108,750 New Conventional
Previous Owner $84,000 New Conventional
Previous Owner $65,000 Unknown
Previous Owner $84,100 Adjustable Rate Mortgage/ARM
Previous Owner $30,000 Unknown
Previous Owner $75,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $200,000 -20.0% $62 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $249,900 -- $78 / 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 $18,000 $127,000
2023 $4,017 $145,000 $18,000 $127,000
2022 $3,439 $102,600 $18,000 $84,600
2021 $3,350 $102,600 $18,000 $84,600
2020 $3,295 $102,600 $18,000 $84,600
2019 $2,851 $102,600 $18,000 $84,600
2018 $2,851 $80,600 $15,400 $65,200
2017 $2,754 $80,600 $15,400 $65,200
2016 $2,725 $80,600 $15,400 $65,200
2015 -- $80,600 $15,400 $65,200
2014 -- $78,400 $13,600 $64,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1589562

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573001-049-058-0001-008-000-0000