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518 North Main Street

518 North Main Street, Gloversville, NY 12078
Property in Johnstown
Sold Jul 15, 2021
$200,000
$183,150 by Flagstar Bank Fsb
Mortgage Due Jul 15, 2051
Local assessors in Gloversville, NY have categorized 518 North Main Street as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 29,185 square feet. The linear feet between the front and back of the lot was measured at 4,170 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 518 North Main Street has a total of 2,046 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 518 North Main Street was last sold in Jul 14, 2021 for $200,000. According to our calculations, that's $97.75 per sqft. Current property owners are expected to pay $4,905 in taxes per year. The property on 518 North Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $91,200. To break that down further, the land itself was valued at $17,000. While improvements to the property were assessed at a total of $74,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 4,170
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,046
  • Building Area: 2,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,046
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FALLAS JAMES
  • Previous Owner : MARTIN MICHAEL H
  • Previous Owner 2: MARTIN CATHY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloversville City School District
  • School Tax School District: GLOVERSVILLE
  • Census Tract: 970601

Zoning

  • Zoning: R1

Geography

  • Account Number: 16012878000
  • District: 172800
  • Section: 134.01
  • Parcel: 172800 134.1-4-3
  • Block: 4
  • Lot: 3.000
  • Municipality: JOHNSTOWN
  • Latitude: 43.0732
  • Longitude: -74.3418

    Address

  • Full Address: 518 N Main St
  • Address - House Number: 518
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Gloversville
  • Carrier Code: C015
  • 4-Digit Zip Code: 1039
  • Zip Code: 12078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,905
  • Tax Rate Code Area: 170500

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 184,467
  • High Value: 212,213
  • Low Value: 156,720

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,150
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $183,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 15, 2051

    Market Valuation

  • Market Total Value: $179,704
  • Market Land Value: $33,497
  • Market Improvement Value: $146,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,200
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $74,200

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11845556392
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-68557

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $183,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Fulton



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Frequently Asked Questions

What neighborhood is 518 North Main Street located in?
The 518 North Main Street is a located in the neighborhood of Johnstown in Fulton, Gloversville.
What is the average sales price for listings in 518 North Main Street?
The average sales price for units in 518 North Main Street is $199,900 , or $83/sqft. currently.

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