Check Availability

4 Terrace Place

4 Terrace Place, Jamestown, NY 14701
Property in Jamestown
Sold Aug 13, 2021
$63,000
$53,000 by Lake Shore Savings Bank
Mortgage Due Aug 13, 2051
Sold Oct 07, 2019
$56,000
4 Terrace Place in Jamestown, NY was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4 Terrace Place has 2,476 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 450 ft and the linear feet between the front and back of the lot is 1,141. In total, the area measurement of the land is 5,135 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. The exterior walls of the home are made of concrete. As for heating, the home is utilizing a forced air unit and 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, 4 Terrace Place was last sold in Aug 13, 2021 for $63,000. According to our calculations, that's $25.44 per sqft. Prior to that sales transaction, the property was sold for $56,000 in Sep 25, 2019. Current property owners are expected to pay $2,084 in taxes per year. The property on 4 Terrace Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,000. To break that down further, the land itself was valued at $1,900. While improvements to the property were assessed at a total of $38,100. 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. 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. 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: 1900
  • Effective Year Built: 1930
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,135
  • Lot Size Depth Feet: 1,141
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,476
  • Gross Building Area: 2,476
  • Building Area: 2,476
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,476
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.117
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : SHAVER DAVID T
  • Previous Owner : HANSEN STEVE
  • Owner Before Previous Owner: GRIBBLE ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jamestown City School District
  • School Tax School District: JAMESTOWN
  • Census Tract: 030500

Geography

  • Account Number: 076700000
  • District: 060800
  • Section: 387.14
  • Parcel: 060800 387.14-9-2
  • Block: 9
  • Lot: 2.000
  • Municipality: JAMESTOWN
  • Latitude: 42.0897
  • Longitude: -79.2401

    Address

  • Full Address: 4 Terrace Pl
  • Address - House Number: 4
  • Address - Street Name: Terrace
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Jamestown
  • Carrier Code: C039
  • 4-Digit Zip Code: 6714
  • Zip Code: 14701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,084
  • Tax Rate Code Area: 60800

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 47
  • Final Value: 75,267
  • High Value: 101,845
  • Low Value: 48,689

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $62,500
  • First Open Lien Mortgage Lender: LAKE SHORE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $53,000
  • 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: Aug 13, 2051
  • Second Open Lien Mortgage Lender: FEDERAL HM LOAN BK
  • Second Open Lien Mortgage Recording Date: Aug 13, 2021
  • Second Open Lien Mortgage Loan Amount: $9,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Aug 13, 2051

    Market Valuation

  • Market Total Value: $54,795
  • Market Land Value: $2,603
  • Market Improvement Value: $52,192

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $1,900
  • Assessed Improvements Value: $38,100

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11850334297
  • Current Sale Price: $63,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: DE2021005914
  • Previous Sale Recording Date: Oct 07, 2019
  • Previous Sale Contract Date: Sep 25, 2019
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE SHORE SAVINGS BANK
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $53,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Jamestown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 21 E 3rd Street, Jamestown, NY, 14701

$800 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
21 E 3rd Street #303, Jamestown, NY, 14701 Listing by Daniel Terhune

Frequently Asked Questions

What neighborhood is 4 Terrace Place located in?
The 4 Terrace Place is a located in the neighborhood of Jamestown in Jamestown, Jamestown.
What is the average sales price for listings in 4 Terrace Place?
The average sales price for units in 4 Terrace Place is $0 currently.

Quantcast