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7 Katie Lane

7 Katie Lane, Painted Post, NY 14870
House in Erwin
Sold Sep 10, 2021
$285,500
$256,950 by United Wholesale Mortgage
Mortgage Due Sep 10, 2051
Sold Sep 29, 2016
$197,500
$158,000 by Corning Federal Credit Union
Mortgage Due Jan 01, 2031
7 Katie Lane has been categorized by the local assessors in Painted Post, NY as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Katie Lane has 1,946 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 300 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,247 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 attached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Sep 3, 2021 for $285,500. That's $146.71 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2016 for $197,500. 7 Katie Lane was last assessed in 2023. The total value of the property was assessed at $239,000. Specifically, the land the property is located on was valued at $49,500. While improvements on the property were assessed at a total of $189,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,191. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,247
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,946
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAND & BLDG LOT 4 SEC 1 BEARTOWN ESTATES

Ownership

  • Current Owner : SINGH SHAMSHER
  • Previous Owner : KNOWLES PATRICIA L
  • Owner Before Previous Owner: VALENTI THOMAS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Corning City School District
  • School Tax School District: CORNING
  • Census Tract: 962301

Geography

  • Account Number: 0000464-040
  • District: 464289
  • Section: 316.07
  • Parcel: 464289 316.07-03-004.000
  • Block: 3
  • Lot: 4.000
  • Municipality: ERWIN (TOV)
  • Latitude: 42.1499
  • Longitude: -77.1157

    Address

  • Full Address: 7 Katie Ln
  • Address - House Number: 7
  • Address - Street Name: Katie
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Painted Post
  • Carrier Code: R010
  • 4-Digit Zip Code: 9004
  • Zip Code: 14870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,191
  • Tax Rate Code Area: 460300

    Appraisal Valuation

  • Standard Deviation: 0.1384
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 274,189
  • High Value: 312,144
  • Low Value: 236,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,950
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $256,950
  • 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: Sep 10, 2051

    Market Valuation

  • Market Total Value: $268,539
  • Market Land Value: $55,618
  • Market Improvement Value: $212,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,000
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $189,500

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11857241202
  • Current Sale Price: $285,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 29, 2016
  • Previous Sale Contract Date: Sep 27, 2016
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $256,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CORNING FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Sep 29, 2016
  • Previous Mortgage Loan Amount: $158,000
  • Previous Mortgage Term: 171
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About Gang Mills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7 Katie Lane located in?
The 7 Katie Lane is a house located in the neighborhood of Erwin in Gang Mills, Painted Post.
What is the average sales price for listings in 7 Katie Lane?
The average sales price for units in 7 Katie Lane is $280,000 , or $124/sqft. currently.

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