NOT LISTED FOR SALE

54 Central Ave Owego, NY 13827

Estimated Value: $102,524

1 Bed
1 Bath
885 Sq Ft
$116/Sq Ft Est. Value

Highlights

  • Window Unit Cooling System
  • Vinyl Flooring
  • 4-minute walk to Owego Riverwalk
  • Forced Air Heating System

About This Home

As of June 2022

Stay at the beautiful Lackawanna Suite in the Historic Delaware & Hudson Building in the Village of Owego NY. The Delaware & Hudson building is a Preservation Association of the Southern Tier Award Winning Property. The D&H building was originally built in 1865 as a Horse Stable & Blacksmiths shop and was owned and used by the railroad. Per capita, the Village of Owego features the 5th largest Historic District in the United States. The D&H Building is one block walking distance to groceries, pharmacy, restaurants, brewery, shopping and the historic Tioga Movie Theater. The Lackawanna suite features a large bedroom with sitting area, living room with TV, Office & Media room with TV, in unit laundry room and updated kitchen and bath. Wi-Fi included. Several hospitals & medical centers are within easy drive. Owego has easy access to highways and is the gateway to the Finger Lakes. FULLY FURNISHED UNIT! Available 1st week of September.

Last Agent to Rent the Property

Roger Katchuk

Listing by First Tioga Realty License #10491202062 Listed on: 04/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1865

Lot Details

  • 0.3 Acre Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 885 Sq Ft Home
  • Window Treatments
  • Vinyl Flooring

Kitchen

  • Oven
  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 5/1/22

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

Built in 1865

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-05-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1865
  • Water Body Name: None
  • Subdivision Name: OTHER
  • Directions: Main St. Owego to Central Ave across the street from Walgreens.
  • Architectural Style: Other, See Remarks
  • Flooring: Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Window Treatments
  • Year Built Details: Existing
  • Master Plan Zoning: res
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Free-Standing Range, Microwave, Oven, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Garage, None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Electric, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Schools

  • Junior High Dist: Owego Apalachin

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2013
Sold by
Scherrer Richard
Bought by
Arkay Property Management Llc
Current Estimated Value
$102,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$61,376
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$38,967

Purchase Details

Closed on
May 21, 2013
Sold by
Tioga Transport Inc
Bought by
Scherrer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$61,376
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$38,967
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
Arkay Property Management Llc $53,000 Paul Price
Scherrer Richard -- Kristen Luce
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkay Property Mgmt Llc $12,206
Open Arkay Property Mgnt Llc $28,228
Open Arkay Property Management Llc $85,000
Closed Scherrer Richard $85,000
Previous Owner Tioga Transport Inc $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Rented $15,000 +1100.0% --
07/23/2024 07/23/24 For Rent $1,250 +8.7% --
12/31/2023 12/31/23 Off Market $1,150 -- --
12/04/2023 12/04/23 Rented $31,200 +2613.0% --
11/02/2023 11/02/23 Price Changed $1,150 -11.5% $1 / Sq Ft
09/16/2023 09/16/23 Price Changed $1,300 +48.6% $1 / Sq Ft
06/10/2022 06/10/22 Rented -- -- --
05/11/2022 05/11/22 Under Contract -- -- --
04/28/2022 04/28/22 For Rent $875 -10.3% --
01/26/2022 01/26/22 For Rent $975 +44.4% --
12/07/2020 12/07/20 For Rent $675 0.0% --
12/07/2020 12/07/20 Rented $675 0.0% --
12/07/2020 12/07/20 Rented -- -- --
12/07/2020 12/07/20 For Rent $675 -- --
Source: Elmira-Corning Regional Association 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 $1,448 $22,800 $4,500 $18,300
2023 $10 $22,800 $4,500 $18,300
2022 $1,004 $22,800 $4,500 $18,300
2021 $998 $22,800 $4,500 $18,300
2020 $986 $22,800 $4,500 $18,300
2019 $446 $22,800 $4,500 $18,300
2018 $1,377 $22,800 $4,500 $18,300
2017 $1,356 $22,800 $4,500 $18,300
2016 $1,349 $22,800 $4,500 $18,300
2015 -- $22,800 $4,500 $18,300
2014 -- $22,800 $4,500 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC265522

APN: 493001-128-008-0007-036-002-0000