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3218 State Rte 364

3218 State Rte 364, Penn Yan, NY 14527
Property in Benton
Sold Mar 28, 2019
$160,000
Buyer
Seller
$155,200 by The Lyons National Bank
Mortgage Due Apr 01, 2049
Sold Apr 23, 2007
$73,000
3218 State Rte 364 has been categorized by the local assessors in Penn Yan, NY as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3218 State Rte 364 has 1,372 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 176,854 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 both a covered porch and a patio. 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 C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 3218 State Rte 364 sold most recently in Mar 26, 2019 for a total of $160,000. If you work out the math, that's approximately a cost of $116.62 per sqft. Before that, the property was also sold for $73,000 in Apr 20, 2007. 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 $3,418 in taxes each year. 3218 State Rte 364 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $166,100. If we break it down further, the land itself was valued at $33,400. Improvements to the property, however, were assessed at a total of $132,700. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 176,854
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 4.06
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HAMM RAINER
  • Previous Owner : HAMM JUSTIN R
  • Owner Before Previous Owner: HAMM RONALD G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Penn Yan Central School District
  • School Tax School District: PENN YAN
  • Census Tract: 150200

Geography

  • Account Number: 0225-000
  • District: 572289
  • Section: 36.55
  • Parcel: 572289 36.55-1-1
  • Block: 1
  • Lot: 1.000
  • Municipality: BENTON (TOV)
  • Latitude: 42.6867
  • Longitude: -77.1226

    Address

  • Full Address: 3218 State Route 364
  • Address - House Number: 3218
  • Address - Street Name: State Route 364
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: R003
  • 4-Digit Zip Code: 9329
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,418
  • Tax Rate Code Area: 573001

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 257,566
  • High Value: 320,811
  • Low Value: 194,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,200
  • First Open Lien Mortgage Lender: THE LYONS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 28, 2019
  • First Open Lien Mortgage Loan Amount: $155,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $207,625
  • Market Land Value: $41,750
  • Market Improvement Value: $165,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,100
  • Assessed Land Value: $33,400
  • Assessed Improvements Value: $132,700

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11596095918
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00000649
  • Previous Sale Recording Date: Apr 23, 2007
  • Previous Sale Contract Date: Apr 20, 2007
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: THE LYONS NATIONAL BANK
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $155,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

About Yates



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Frequently Asked Questions

What neighborhood is 3218 State Rte 364 located in?
The 3218 State Rte 364 is a located in the neighborhood of Benton in Yates, Penn Yan.
What is the average sales price for listings in 3218 State Rte 364?
The average sales price for units in 3218 State Rte 364 is $0 currently.

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