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25 Elm Street

25 Elm Street, Malone, NY 12953
Commercial in Malone
Sold Dec 28, 2022
$85,000
$95,000 by Clark Legacy Llc
Mortgage Due Dec 28, 2052
25 Elm Street in Malone, NY was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 2 floors. 25 Elm Street has 4,104 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 640 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a covered porch. 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. 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. 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, 25 Elm Street was last sold in Dec 9, 2022 for $85,000. According to our calculations, that's $27.56 per sqft. Current property owners are expected to pay $4,929 in taxes per year. The property on 25 Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,600. To break that down further, the land itself was valued at $6,500. While improvements to the property were assessed at a total of $90,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 5
  • Basement Type: Unfinished basement
  • Basement Area: 1,020
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 640
  • Total Building Area: 3,084
  • Gross Building Area: 3,084
  • Building Area: 3,084
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SECB BLOCK203 LOT2

Ownership

  • Current Owner : RTC VENTURES LLC
  • Previous Owner : MARSHALL HOWARD W
  • Previous Owner 2: MARSHALL LISA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Malone Central School District
  • School Tax School District: MALONE CSD
  • Census Tract: 950501

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 2.-052-07
  • District: 164801
  • Section: 112.25
  • Parcel: 164801 112.25-3-18
  • Block: 3
  • Lot: 18.000
  • Municipality: MALONE
  • Latitude: 44.8498
  • Longitude: -74.2905

    Address

  • Full Address: 25 Elm St
  • Address - House Number: 25
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: NY
  • City Name: Malone
  • Carrier Code: C004
  • 4-Digit Zip Code: 1546
  • Zip Code: 12953

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,929
  • Tax Rate Code Area: 164801

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 601,684
  • High Value: 875,977
  • Low Value: 327,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: CLARK LEGACY LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2022
  • First Open Lien Mortgage Loan Amount: $95,000
  • 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: Dec 28, 2052

    Market Valuation

  • Market Total Value: $161,000
  • Market Land Value: $10,833
  • Market Improvement Value: $150,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,600
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $90,100

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Transaction ID: 11916524075
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-6922

    Last Sale Mortgage

  • First Mortgage Lender: CLARK LEGACY LLC
  • First Mortgage Transaction Date: Dec 28, 2022
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Malone



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 25 Elm Street located in?
The 25 Elm Street is a commercial located in the neighborhood of Malone in Malone, Malone.
What is the average sales price for listings in 25 Elm Street?
The average sales price for units in 25 Elm Street is $0 currently.

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