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406 North Main Street

406 North Main Street, Penn Yan, NY 14527
House in Benton
Sold Oct 14, 2020
$125,000
$97,000 by Community Bank Na
Mortgage Due Sep 27, 2050
Sold Oct 24, 2006
$87,000
$69,600 by Five Star Bank
Mortgage Due Nov 01, 2036
406 North Main Street 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1940. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 406 North Main Street has 1,962 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 1,340 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 a covered porch. 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 D by the local assessor. The exterior walls of the building are made of a material which is produced from two or more constituent materials. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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, 406 North Main Street sold most recently in Sep 23, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $63.71 per sqft. Before that, the property was also sold for $87,000 in Oct 23, 2006. 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 $3,785 in taxes each year. 406 North Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,000. If we break it down further, the land itself was valued at $10,100. Improvements to the property, however, were assessed at a total of $103,900. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1900
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,962
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROBINSON ANDREW J
  • Previous Owner : LAURSEN EDWIN H
  • Owner Before Previous Owner: LONGWELL FRED A KATHLEEN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School Tax School District: PENN YAN
  • Census Tract: 150200

Geography

  • Account Number: 0200-000
  • District: 572201
  • Section: 49.42
  • Parcel: 572201 49.42-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: PENN YAN
  • Latitude: 42.6701
  • Longitude: -77.0596

    Address

  • Full Address: 406 N Main St
  • Address - House Number: 406
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: C001
  • 4-Digit Zip Code: 1013
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,785
  • Tax Rate Code Area: 573001

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 175,098
  • High Value: 223,893
  • Low Value: 126,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Loan Amount: $97,000
  • 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: Sep 27, 2050

    Market Valuation

  • Market Total Value: $142,500
  • Market Land Value: $12,625
  • Market Improvement Value: $129,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,000
  • Assessed Land Value: $10,100
  • Assessed Improvements Value: $103,900

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11799490837
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-2498
  • Previous Sale Recording Date: Oct 24, 2006
  • Previous Sale Contract Date: Oct 23, 2006
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $97,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 27, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIVE STAR BANK
  • Previous Mortgage Transaction Date: Oct 24, 2006
  • Previous Mortgage Loan Amount: $69,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Penn Yan



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Frequently Asked Questions

What neighborhood is 406 North Main Street located in?
The 406 North Main Street is a house located in the neighborhood of Benton in Penn Yan, Penn Yan.
What is the average sales price for listings in 406 North Main Street?
The average sales price for units in 406 North Main Street is $0 currently.

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