197 Main Street

Local assessors in Salem, NY have categorized 197 Main Street as a commercial type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 23,958 square feet. The linear feet between the front and back of the lot was measured at 2,610 ft and the front of the lot was measured at 850 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 197 Main Street has a total of 8,436 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 197 Main Street sold most recently in Feb 4, 2021 for a total of $96,500. If you work out the math, that's approximately a cost of $11.44 per sqft. Before that, the property was also sold for $90,000 in Mar 7, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,711 in taxes each year. 197 Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,000. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $73,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.