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110 Burns Terrace

110 Burns Terrace, Penn Yan, NY 14527
House in Milo
Sold Jan 11, 2019
$175,000
$143,000 by The Lyons National Bank
Mortgage Due Dec 01, 2039
Sold Jul 20, 2012
$137,000
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110 Burns Terrace has been categorized by the local assessors in Penn Yan, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 110 Burns Terrace has 2,114 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,160 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 18,360 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,560 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 110 Burns Terrace was last sold in Jan 11, 2019 for $175,000. According to our calculations, that's $82.78 per sqft. Prior to that sales transaction, the property was sold for $137,000 in Jul 19, 2012. Current property owners are expected to pay $6,729 in taxes per year. The property on 110 Burns Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $235,200. To break that down further, the land itself was valued at $24,900. While improvements to the property were assessed at a total of $210,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,560
  • Parking Space Count: 6
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 18,360
  • Lot Size Depth Feet: 2,160
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,114
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAND TO BARBARA F BELL
  • Land Acres: 0.421
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PERRY DALE T
  • Current Owner 2: PERRY KIMBERLY C
  • Previous Owner : MILLER NELSON L
  • Previous Owner 2: MILLER AMY J
  • Owner Before Previous Owner: WICKHAM MARK A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Penn Yan Central School District
  • School Tax School District: PENN YAN
  • Census Tract: 150400

Geography

  • Account Number: 1509-000
  • District: 573001
  • Section: 49.74
  • Parcel: 573001 49.74-1-2
  • Block: 1
  • Lot: 2.000
  • Municipality: PENN YAN
  • Latitude: 42.6611
  • Longitude: -77.0616

    Address

  • Full Address: 110 Burns Ter
  • Address - House Number: 110
  • Address - Street Name: Burns
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: C003
  • 4-Digit Zip Code: 1104
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,729
  • Tax Rate Code Area: 573001

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 308,430
  • High Value: 384,164
  • Low Value: 232,695

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $147,334
  • First Open Lien Mortgage Lender: THE LYONS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2039
  • Second Open Lien Mortgage Lender: THE LYONS NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Nov 04, 2019
  • Second Open Lien Mortgage Loan Amount: $4,334
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2039

    Market Valuation

  • Market Total Value: $235,200
  • Market Land Value: $24,900
  • Market Improvement Value: $210,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,200
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $210,300

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 11, 2019
  • Current Sale Transaction ID: 11565579922
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00000069
  • Previous Sale Recording Date: Jul 20, 2012
  • Previous Sale Contract Date: Jul 19, 2012
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE LYONS NATIONAL BANK
  • First Mortgage Transaction Date: Jan 11, 2019
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

About Penn Yan



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Frequently Asked Questions

What neighborhood is 110 Burns Terrace located in?
The 110 Burns Terrace is a house located in the neighborhood of Milo in Penn Yan, Penn Yan.
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