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18 Terrace Street

18 Terrace Street, Alfred, NY 14802
Property in Alfred
Sold Aug 30, 2021
$110,000
$82,500 by Community Bank Na
Mortgage Due Aug 30, 2051
Sold Apr 06, 2017
$82,500
$57,500 by Costello Kim
Mortgage Due Dec 01, 2031
18 Terrace Street in Alfred, NY was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 18 Terrace Street has 2,734 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 18 Terrace Street was last sold in Aug 27, 2021 for $110,000. According to our calculations, that's $40.23 per sqft. Prior to that sales transaction, the property was sold for $82,500 in Dec 23, 2016. Current property owners are expected to pay $5,513 in taxes per year. The property on 18 Terrace Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,500. To break that down further, the land itself was valued at $6,175. While improvements to the property were assessed at a total of $79,325. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1940
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,734
  • Gross Building Area: 2,734
  • Building Area: 2,734
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,734
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.29
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: GL 23 66.00 X 189.99

Ownership

  • Current Owner : DUKE CAMERON M
  • Current Owner 2: DUKE MEGA M
  • Previous Owner : HART JADWIN
  • Owner Before Previous Owner: COSTELLO KIM R

Neighborhood

  • School District Name: Alfred-Almond Central School District
  • School Tax School District: ALFRED-ALMOND
  • Census Tract: 950800

Geography

  • Account Number: 00000000337
  • District: 022001
  • Section: 164.11
  • Parcel: 022001 164.11-1-38
  • Block: 1
  • Lot: 38.000
  • Municipality: ALFRED
  • Latitude: 42.2504
  • Longitude: -77.7878

    Address

  • Full Address: 18 Terrace St
  • Address - House Number: 18
  • Address - Street Name: Terrace
  • Address - Suffix Type: St
  • State: NY
  • City Name: Alfred
  • Carrier Code: C001
  • 4-Digit Zip Code: 1321
  • Zip Code: 14802

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,513
  • Tax Rate Code Area: 22001

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 150,125
  • High Value: 170,402
  • Low Value: 129,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,500
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $82,500
  • 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: Aug 30, 2051

    Market Valuation

  • Market Total Value: $127,612
  • Market Land Value: $9,216
  • Market Improvement Value: $118,396

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,500
  • Assessed Land Value: $6,175
  • Assessed Improvements Value: $79,325

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11855167778
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-16605
  • Previous Sale Recording Date: Apr 06, 2017
  • Previous Sale Contract Date: Dec 23, 2016
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $82,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: COSTELLO KIM
  • Previous Mortgage Transaction Date: Apr 06, 2017
  • Previous Mortgage Loan Amount: $57,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2031

About Alfred



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Frequently Asked Questions

What neighborhood is 18 Terrace Street located in?
The 18 Terrace Street is a located in the neighborhood of Alfred in Alfred, Alfred.
What is the average sales price for listings in 18 Terrace Street?
The average sales price for units in 18 Terrace Street is $0 currently.

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