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47 South Main Street

47 South Main Street, Silver Springs, NY 14550
Property in Gainesville
Sold Nov 19, 2021
$55,000
$55,000 by Joann Blodgett
Mortgage Due Nov 19, 2051
47 South Main Street has been categorized by the local assessors in Silver Springs, NY as a residential type of property. The building on the property was first built in 1850 and is 174 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 47 South Main Street has 1,940 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 1,200 ft and across the front of the lot is 1,410 ft. The area measurement of the land has been determined as 16,920 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a above ground pool on the property. 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 C by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 47 South Main Street was last sold in Nov 19, 2021 for $55,000. According to our calculations, that's $28.35 per sqft. Current property owners are expected to pay $2,671 in taxes per year. The property on 47 South Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,000. To break that down further, the land itself was valued at $8,700. While improvements to the property were assessed at a total of $58,300. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1850
  • Effective Year Built: 1850
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 16,920
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,940
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.388
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 TOWN 8 RANGE 1

Ownership

  • Current Owner : MAIER ASHLEY L
  • Previous Owner : BLODGETT JOANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Letchworth Central School District
  • School Tax School District: LETCHWORTH
  • Census Tract: 970800

Geography

  • District: 563203
  • Section: 122.20
  • Parcel: 563203 122.20-2-59
  • Block: 2
  • Lot: 59.000
  • Municipality: SILVER SPRINGS
  • Latitude: 42.6581
  • Longitude: -78.0833

    Address

  • Full Address: 47 S Main St
  • Address - House Number: 47
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Silver Springs
  • Carrier Code: R777
  • 4-Digit Zip Code: 9803
  • Zip Code: 14550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,671
  • Tax Rate Code Area: 562601

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 46
  • Final Value: 66,563
  • High Value: 90,812
  • Low Value: 42,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: JOANN BLODGETT
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $55,000
  • 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: Nov 19, 2051

    Market Valuation

  • Market Total Value: $75,281
  • Market Land Value: $9,775
  • Market Improvement Value: $65,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,000
  • Assessed Land Value: $8,700
  • Assessed Improvements Value: $58,300

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11869872060
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4579

    Last Sale Mortgage

  • First Mortgage Lender: JOANN BLODGETT
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Silver Springs



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Frequently Asked Questions

What neighborhood is 47 South Main Street located in?
The 47 South Main Street is a located in the neighborhood of Gainesville in Silver Springs, Silver Springs.
What is the average sales price for listings in 47 South Main Street?
The average sales price for units in 47 South Main Street is $0 currently.

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