501 Walnut Street

501 Walnut Street has been categorized by the local assessors in Elmira, NY as a commercial type of property. The building on the property was first built in 1980 and is 44 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 501 Walnut Street has 1,961 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 1,560 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,920 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, the home is utilizing oil. 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. 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, 501 Walnut Street was last sold in Sep 10, 2007 for $135,000. According to our calculations, that's $68.84 per sqft. Prior to that sales transaction, the property was sold for $38,800 in Feb 18, 1998. Current property owners are expected to pay $7,357 in taxes per year. The property on 501 Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $118,000. To break that down further, the land itself was valued at $27,000. While improvements to the property were assessed at a total of $91,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.