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365 Elmwood Road

365 Elmwood Road, Grand Island, NY 14072
Multifamily in Grand Island
Sold May 22, 2019
$32,000
$152,800 by Alden State Bank
Mortgage
Sold Aug 15, 2017
$27,005
365 Elmwood Road has been categorized by the local assessors in Grand Island, NY as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. The building has a total of 2 stories. In addition, 365 Elmwood Road has 2,168 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,380 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 a material which is produced from two or more constituent materials. 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 municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 365 Elmwood Road sold most recently in May 21, 2019 for a total of $32,000. If you work out the math, that's approximately a cost of $14.76 per sqft. Before that, the property was also sold for $27,005 in Jul 21, 2017. 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 $1,332 in taxes each year. 365 Elmwood Road was most recently assessed in 2017. During this assessment, the property's total value was estimated to be about $95,000. If we break it down further, the land itself was valued at $12,300. Improvements to the property, however, were assessed at a total of $82,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,168
  • Gross Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,168
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.584
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MC 659 S 50FT LOTS 17&18 50 X 138

Ownership

  • Current Owner : M PROPERTY HOLDINGS LLC
  • Previous Owner : BIDELL JOHN
  • Previous Owner 2: BIDELL GINGER M
  • Owner Before Previous Owner: MILLER ROBERT C
  • Owner Before Previous Owner 2: PULLANO JOHN M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grand Island Central School District
  • School Tax School District: GRAND ISLAND
  • School Tax District Code 2: 144601
  • Census Tract: 007302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 144600 64.15-2-53
  • District: 144600
  • Section: 64
  • Parcel: 144600 64.15-2-53
  • Block: 2
  • Lot: 53
  • Municipality: GRAND ISLAND
  • Latitude: 42.9715
  • Longitude: -78.9489

    Address

  • Full Address: 365 Elmwood Rd
  • Address - House Number: 365
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Grand Island
  • Carrier Code: C009
  • 4-Digit Zip Code: 3021
  • Zip Code: 14072

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $1,332
  • Tax Rate Code Area: 144601

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Jul 17, 2019
  • Confidence Score: 82
  • Final Value: 36,736
  • High Value: 43,938
  • Low Value: 29,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,800
  • First Open Lien Mortgage Lender: ALDEN STATE BANK
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Loan Amount: $152,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $95,000
  • Market Land Value: $12,300
  • Market Improvement Value: $82,700

    Assessments Valuation

  • Assessed Year: 2017
  • Assessed Total Value: $95,000
  • Assessed Land Value: $12,300
  • Assessed Improvements Value: $82,700

    Sales

  • Current Sale Contract Date: May 21, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11619579617
  • Current Sale Price: $32,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019101241
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Contract Date: Jul 21, 2017
  • Previous Sale Amount: $27,005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALDEN STATE BANK
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $152,800
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Grandyle Village



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Frequently Asked Questions

What neighborhood is 365 Elmwood Road located in?
The 365 Elmwood Road is a multifamily located in the neighborhood of Grand Island in Grandyle Village, Grand Island.
What is the average sales price for listings in 365 Elmwood Road?
The average sales price for units in 365 Elmwood Road is $0 currently.

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