NOT LISTED FOR SALE

8 E Main St Panama, NY 14767

Estimated Value: $85,000 - $176,000

4 Beds
1.5 Baths
1,680 Sq Ft
$82/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $31,000 $18 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $879/month

17 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Forced Air Cooling System

About This Home

As of March 2019

This is a 4 bedroom home with Metal roof in need of some work being sold as is! THIS PROPERTY IS OCCUPIED! OCCUPANTS ARE NOT TO BE CONTACTED OR DISTURBED IN ANY WAY! Property in process of Eviction Please DO NOT DISTURB. Property is available for purchase site un seen. (This listing needed to be cloned this property has actually been listed since 8/7/18 not 12/17/18 so days on market is incorrect)

Last Agent to Sell the Property

Shane Zahm

Listing by ERA Team VP Real Estate License #10401263921 Listed on: 12/17/2018

Last Buyer's Agent

Rick and Julia McMahon

Listing by Real Estate Advantage License #30MC0780823

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 454 x 91

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Panama K-6 Elementary School
  • Panama High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 399.01-2-2

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

1 Acres

Listing Details

  • NY Swis Code: Panama-Village-064801
  • Total Assessed Value: 70500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 454
  • Lot Dimension Front: 91
  • Lot Information: Primary Road
  • Nearest Cross Street: North/South St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 18.45
  • Ratio List Price By Sq Ft: 20.77
  • Regional Board Code: Rochester
  • School Tax: 1340
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Village: Panama-Village
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: From Lakewood take 394 to 474 to the center of Panama if you get to North/ South st u have gone to far and its a couple houses behind you on the left
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Master Bedroom
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wood-Some
  • Kitchen Dining Description: Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1680

Exterior Features

  • Construction: Vinyl, Wood

Garage/Parking

  • Garage Description: No Garage

Utilities

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

Lot Info

  • Parcel Number: 399.01-2-2

Tax Info

  • Total Taxes: 2402

MLS Schools

  • Elementary School Name: Panama K-6
  • High School Name: Panama High
  • School District Name: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2005
Sold by
Crouch Warren E
Bought by
Kester Adam K J
Current Estimated Value
$137,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,200
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kester Adam K J $66,000 Bruce S Scolton
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kester Adam K J $13,200
Open Kester Adam K J $52,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $31,000 -11.2% $18 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $34,900 -- $21 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,044 $60,000 $11,400 $48,600
2023 $1,969 $60,000 $11,400 $48,600
2022 $1,863 $60,000 $11,400 $48,600
2021 $1,828 $56,000 $11,400 $44,600
2020 $1,830 $56,000 $11,400 $44,600
2019 $4,092 $56,000 $11,400 $44,600
2018 $4,092 $75,000 $11,400 $63,600
2017 $1,973 $70,500 $10,400 $60,100
2016 $1,961 $70,500 $10,400 $60,100
2015 -- $70,500 $10,400 $60,100
2014 -- $70,500 $10,400 $60,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shane Zahm

    ERA Team VP Real Estate

    Section Image
  • Rick and Julia McMahon

    Buyer's Agent in 2019

    Rick and Julia McMahon

    Real Estate Advantage

    (716) 665-8972

    324 Total Sales

    Rick and Julia McMahon
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1164643

Chautauqua-Cattaraugus Board of REALTORS®

APN: 064801-399-001-0002-002-000

New York Chautauqua County Panama 14767

8 E Main St, Panama, NY

Not Listed for Sale

Detached

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