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340 East Elm Street

340 East Elm Street, Penn Yan, NY 14527
Property in Milo
Sold Feb 09, 2011
$105,000
$107,786 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2026
Local assessors in Penn Yan, NY have categorized 340 East Elm Street as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 636 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 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 340 East Elm Street has a total of 1,608 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 180 sqft. Do you like to entertain? The home has a covered 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 average. 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. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. 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, 340 East Elm Street was last sold in Feb 8, 2011 for $105,000. According to our calculations, that's $65.30 per sqft. Current property owners are expected to pay $4,089 in taxes per year. The property on 340 East Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $142,900. To break that down further, the land itself was valued at $28,300. While improvements to the property were assessed at a total of $114,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 636
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,608
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GALLETTA LEO T
  • Previous Owner : WECKELMAN STEPHEN J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • Account Number: 0847-000
  • District: 573001
  • Section: 50.61
  • Parcel: 573001 50.61-1-37
  • Block: 1
  • Lot: 37.000
  • Municipality: PENN YAN
  • Latitude: 42.6633
  • Longitude: -77.0414

    Address

  • Full Address: 340 E Elm St
  • Address - House Number: 340
  • Street Direction: E
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: C004
  • 4-Digit Zip Code: 1348
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,089
  • Tax Rate Code Area: 573001

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 199,948
  • High Value: 251,173
  • Low Value: 148,724

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $108,981
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2011
  • First Open Lien Mortgage Loan Amount: $107,786
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2026
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 03, 2012
  • Second Open Lien Mortgage Loan Amount: $1,195
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $142,900
  • Market Land Value: $28,300
  • Market Improvement Value: $114,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,900
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $114,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2011
  • Current Sale Recording Date: Feb 09, 2011
  • Current Sale Transaction ID: 11437606000
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 09, 2011
  • First Mortgage Loan Amount: $107,786
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2026

About Penn Yan



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Frequently Asked Questions

What neighborhood is 340 East Elm Street located in?
The 340 East Elm Street is a located in the neighborhood of Milo in Penn Yan, Penn Yan.
What is the average sales price for listings in 340 East Elm Street?
The average sales price for units in 340 East Elm Street is $0 currently.

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