NOT LISTED FOR SALE

7342 E Main St Lima, NY 14485

Estimated Value: $175,000 - $207,000

5 Beds
2 Baths
2,378 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $52,605 $22 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,453/month

293 Days on Market

Highlights

  • Full Attic
  • Manor Intermediate School Rated A
  • Wall to Wall Carpet

About This Home

As of January 2017

This is a Fannie Mae Homepath property! Great duplex home located in the Village of Lima! Situated on a spacious lot located close to all needed amenities. Wrap around covered front porch greets you with an open floor plan upon entrance. Lots of natural light throughout the home! Don't miss it!

Last Agent to Sell the Property

Larry Magguilli

Listing by Hunt Real Estate ERA/Columbus License #10301208010 Listed on: 02/19/2016

Hunt Real Estate ERA/Columbus

Last Buyer's Agent

Non MLS

Listing by Non MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 115 x 55

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 2,378 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Walk-Out Basement
  • Full Attic

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 243201-037-010-0003-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,400

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 116
  • NY Swis Code: Lima-Village-243201
  • Total Assessed Value: 85000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 55
  • Lot Information: Neighborhood Street
  • L P Per Acre: 439333.3300
  • List Price per Sq Ft: 27.7123
  • Nearest Cross Street: Rochester St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 350700.00
  • Ratio Close Price By Sq Ft: 22.12
  • Ratio List Price By Acres: 393333.33
  • Ratio List Price By Sq Ft: 24.81
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 1200
  • Sub Board Code: Rochester
  • Type of Residence: Duplex
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 65900.00
  • Village: Lima-Village
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: E Main Street
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Exterior Walkout
  • Floor Description: Resilient-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 8
  • Total Sq Ft: 2378

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1500

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Honeoye Falls-Lima

Lot Info

  • Parcel Number: 243201-037-010-0003-001-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2400

MLS Schools

  • School District Name: Honeoye Falls-Lima

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Dec 14, 2016
Sold by
Fnma
Bought by
Fox Peter
Seller's Agent
Larry Magguilli
Hunt Real Estate ERA/Columbus
Buyer's Agent
Non MLS
Non MLS
List Price
$104,900
Sold Price
$52,605
Premium/Discount to List
-$52,295
-49.85%
Current Estimated Value
$193,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,835
Avg. Annual Appreciation
15.78%

Purchase Details

Closed on
Dec 30, 2015
Sold by
Barbera Michael A
Bought by
Federal National Mortgage Association
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
Fox Peter $52,605 --
Federal National Mortgage Association $168,430 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Peter $110,600
Closed Barbera Michael A $45,000
Previous Owner Barbera Michael A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $52,605 -49.9% $22 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $104,900 -- $44 / 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 $5,176 $134,600 $16,700 $117,900
2023 $4,520 $134,600 $16,700 $117,900
2022 $4,533 $134,600 $16,700 $117,900
2021 $4,424 $103,300 $14,700 $88,600
2020 $9,070 $103,300 $14,700 $88,600
2019 $7,583 $103,300 $14,700 $88,600
2018 $7,583 $103,300 $14,700 $88,600
2017 $6,632 $85,000 $14,700 $70,300
2016 $3,638 $85,000 $14,700 $70,300
2015 -- $85,000 $14,700 $70,300
2014 -- $85,000 $14,700 $70,300
Source: Public Records

Agents Affiliated with this Home

  • Larry Magguilli

    Seller's Agent in 2017

    Larry Magguilli

    Hunt Real Estate

    (585) 703-5045

    1 in this area

    114 Total Sales

    Larry Magguilli
    Section Image

  • N

    Buyer's Agent in 2017

    Non MLS

    Non MLS

    Non MLS
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Map

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

MLS Number: R293097

Upstate New York Real Estate Information Services (UNYREIS)

APN: 243201-037-010-0003-001-000-0000

New York Livingston County Lima 14485

7342 E Main St, Lima, NY

This home is located at 7342 E Main St, Lima, NY 14485 since 19 February 2016 and is currently estimated at $193,440, approximately $81 per square foot. This property was built in 1900. 7342 E Main St is a home located in Livingston County with nearby schools including Lima Elementary School, Manor Intermediate School, and Honeoye Falls Lima Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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