401 North Washington Street

Local assessors in Rome, NY have categorized 401 North Washington Street as a recreational type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 11,326 square feet. 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 401 North Washington Street has a total of 7,938 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 detached garage for those who need a place to park their vehicle. The garage on the property is 836 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 - D. The home has been utilizing oil for fuel. 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, 401 North Washington Street sold most recently in Jun 22, 2021 for a total of $90,000. If you work out the math, that's approximately a cost of $17.01 per sqft. Before that, the property was also sold for $30,000 in Apr 30, 2014. 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 $3,077 in taxes each year. The initial year of tax delinquency occurred in 2022. 401 North Washington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,000. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $53,000. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.