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15 Park Street

15 Park Street, Johnson City, NY 13790
Commercial in Union
Sold Apr 14, 2021
Transfer
Sold Jan 25, 2021
$1,075,000
$860,000 by M & T Bank
Mortgage
15 Park Street has been categorized by the local assessors in Johnson City, NY as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The building has a total of 2 stories. In addition, 15 Park Street has 5,490 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 1,480 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 D by the local assessor. In terms of heating, the home is utilizing oil. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $1,075,000 in Jan 25, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,224 in taxes each year. 15 Park Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,700. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $3,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Floor Count: 2
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 1,830
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,400
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,660
  • Gross Building Area: 3,660
  • Building Area: 3,660
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,490
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: APT 4 001H13000G0260000000

Ownership

  • Current Owner : BROOME COUNTY 11-44 LLC
  • Previous Owner : 15 PARK STREET REALTY LLC
  • Previous Owner 2: 38 BURDICK REALTY LLC
  • Owner Before Previous Owner: 15 PARK STREET REALTY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Johnson City Central School District
  • School Tax School District: JOHNSON CITY
  • Census Tract: 013900

Zoning

  • Zoning: UMF

Geography

  • Account Number: 46000143580
  • District: 034603
  • Section: 143.66
  • Parcel: 034603 143.66-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: JOHNSON CITY
  • Latitude: 42.1127
  • Longitude: -75.9506

    Address

  • Full Address: 15 Park St
  • Address - House Number: 15
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: NY
  • City Name: Johnson City
  • Carrier Code: C001
  • 4-Digit Zip Code: 2361
  • Zip Code: 13790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,224
  • Tax Rate Code Area: 034602

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 594,427
  • High Value: 864,414
  • Low Value: 324,439

    Market Valuation

  • Market Total Value: $135,838
  • Market Land Value: $28,902
  • Market Improvement Value: $106,936

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,700
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $3,700

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11914294121
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 9943
  • Previous Sale Recording Date: Jan 25, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $1,075,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Jan 25, 2021
  • Previous Mortgage Loan Amount: $860,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 15 Park Street located in?
The 15 Park Street is a commercial located in the neighborhood of Union in Johnson City, Johnson City.
What is the average sales price for listings in 15 Park Street?
The average sales price for units in 15 Park Street is $0 currently.

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