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111 Chestnut Street

111 Chestnut Street, Newark, NY 14513
Property in Arcadia
Sold Jul 14, 2022
$155,000
$158,585 by Movement Mortgage
Mortgage Due Jul 14, 2052
Sold Aug 22, 2017
$70,000
$56,000 by Key Bank Na
Mortgage Due Jan 01, 2047
111 Chestnut Street in Newark, NY was first built in 1951 and is 73 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 111 Chestnut Street has 1,064 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 720 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. The property was last sold in Jul 12, 2022 for $155,000. That's $145.68 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $70,000. 111 Chestnut Street was last assessed in 2023. The total value of the property was assessed at $76,300. Specifically, the land the property is located on was valued at $14,400. While improvements on the property were assessed at a total of $61,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,969. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,064
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 36110-07-518857

Ownership

  • Current Owner : MOORE KEVIN
  • Current Owner 2: HUDSON JESSICA F
  • Previous Owner : FARRINGTON SCOTT R
  • Owner Before Previous Owner: VANENWYCK CAROL E
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Newark Central School District
  • School Tax School District: NEWARK
  • Census Tract: 021200

Zoning

  • Zoning: R1

Geography

  • Account Number: 0202-00
  • District: 542001
  • Section: 68.110
  • Parcel: 542001 68110-07-540858
  • Block: 7
  • Lot: 540.858
  • Municipality: NEWARK
  • Latitude: 43.0415
  • Longitude: -77.0876

    Address

  • Full Address: 111 Chestnut St
  • Address - House Number: 111
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Newark
  • Carrier Code: C003
  • 4-Digit Zip Code: 1801
  • Zip Code: 14513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,969
  • Tax Rate Code Area: 542001

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 57
  • Final Value: 147,141
  • High Value: 190,140
  • Low Value: 104,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,585
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 14, 2022
  • First Open Lien Mortgage Loan Amount: $158,585
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 14, 2052

    Market Valuation

  • Market Total Value: $119,219
  • Market Land Value: $22,500
  • Market Improvement Value: $96,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,300
  • Assessed Land Value: $14,400
  • Assessed Improvements Value: $61,900

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Transaction ID: 11893244441
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R9318321
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 14, 2022
  • First Mortgage Loan Amount: $158,585
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Aug 22, 2017
  • Previous Mortgage Loan Amount: $56,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Newark



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Frequently Asked Questions

What neighborhood is 111 Chestnut Street located in?
The 111 Chestnut Street is a located in the neighborhood of Arcadia in Newark, Newark.
What is the average sales price for listings in 111 Chestnut Street?
The average sales price for units in 111 Chestnut Street is $0 currently.

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