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25 School Street

25 School Street, Panama, NY 14767
Multifamily in Harmony
Sold Sep 03, 1997
$52,000
25 School Street in Panama, NY was first built in 1962 and is 62 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 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 25 School Street has 1,200 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 1,100 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 18,150 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 well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 432 sqft. There are a total of 2 available parking spaces. 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 electric heaters and being fueled with electricity. The property was last sold in Sep 3, 1997 for $52,000. That's $43.33 per sqft. 25 School Street was last assessed in 2023. The total value of the property was assessed at $74,000. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $69,000. 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 $2,413. 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! 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 432
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 18,150
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.416
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: INCLUDES 103-1-3.2; OLD APN: 064801 103-1-2

Ownership

  • Current Owner : CHAPMAN SHAWN R
  • Previous Owner : DAMON NORMA G
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Panama Central School District
  • School Tax School District: PANAMA
  • Census Tract: 036802

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 48100
  • District: 064801
  • Section: 398.08
  • Parcel: 064801 398.08-1-28
  • Block: 1
  • Lot: 28.000
  • Municipality: PANAMA
  • Latitude: 42.0776
  • Longitude: -79.4874

    Address

  • Full Address: 25 School St
  • Address - House Number: 25
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: NY
  • City Name: Panama
  • Carrier Code: R802
  • 4-Digit Zip Code: 9788
  • Zip Code: 14767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,413
  • Tax Rate Code Area: 064801

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 53
  • Final Value: 122,126
  • High Value: 160,741
  • Low Value: 83,510

    Market Valuation

  • Market Total Value: $103,500
  • Market Land Value: $6,993
  • Market Improvement Value: $96,507

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $69,000

    Sales

  • Current Sale Contract Date: Sep 03, 1997
  • Current Sale Recording Date: Sep 03, 1997
  • Current Sale Transaction ID: 1118678660
  • Current Sale Price: $52,000
  • Current Sale Document Type: Deed

About Panama



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Frequently Asked Questions

What neighborhood is 25 School Street located in?
The 25 School Street is a multifamily located in the neighborhood of Harmony in Panama, Panama.
What is the average sales price for listings in 25 School Street?
The average sales price for units in 25 School Street is $0 currently.

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