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  • Price cut: $10K (10/5)
    $279,900

    7 South St, Panama, NY 14767

    3beds
    1,750sqft
    Loading
    Single Family Residence
    Built in 1920
    0.27 Acres Lot
    $268,500 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Cozy gas fireplaceNew roofCovered back patioNew wiringStainless steel appliancesBuilt-in wall ovenSpray foam insulation throughout
    Welcome to 7 South St in Panama NY, a beautifully transformed property that was gutted and completely redone from top to bottom. Thoughtful updates throughout combine modern style, comfort, efficiency, and versatile living space. The main home features 2 bedroom, 1.5 baths, luxury vinyl flooring, heated floors on both levels, new windows, new wiring, spray foam insulation throughout, mini splits, and a cozy gas fireplace. At the heart of the home is the beautifully updated kitchen featuring an abundance of cupboard space, stainless steel appliances, a built-in wall oven, and built in microwave. Just off the kitchen is a dedicated coffee and wine bar area, creating the perfect spot for your morning coffee, evening glass of wine, or additional space when entertaining family and friends. The bathrooms have also been completely updated, including an upstairs bathroom featuring a spacious walk-in shower. The laundry room is conveniently located upstairs, keeping everyday necessities close to the bedrooms. Additional improvements include a new roof and an on demand hot water system. Step outside to the covered back patio, an inviting extension of the living space where you can relax, entertain, enjoy outdoor dining, or simply take in the beautiful surrounding scenery. The property also features an impressive 28 x 32 heated floors in garage with epoxy flooring, providing plenty of space for vehicles, storage, hobbies, or a workshop. Above the garage is a separate one-bedroom apartment complete with its own kitchen, bathroom, living area, and mini split system. This additional space offers tremendous flexibility for guests, extended living arrangements, a home office, or potential rental income, subject to applicable local requirements. From the completely renovated main home and stylish kitchen with its own coffee and wine bar to the covered patio, heated garage, and separate apartment, 7 South St. offers a unique combination of modern updates, functionality, and versatility in the Panama community.
    38 days
    611
    40

    Zillow last checked:

    Listing updated:

    Listed by:

    ERA Team VP Real Estate 716-413-0200,

    Heather Shea-Canaley 716-708-5000

    Source: NYSAMLSs,MLS#: R1713613MLS LogoOriginating MLS: Chautauqua-Cattaraugus

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Heating
      • Ductless, Gas, Zoned, Baseboard, Hot Water
      Cooling
      • Ductless, Zoned
      Appliances
      • Included: Appliances Negotiable, Gas Water Heater, Tankless Water Heater
      • Laundry: Upper Level
      Features
      • Den, Separate/Formal Living Room, Home Office, Living/Dining Room
      • Flooring: Hardwood, Luxury Vinyl, Varies
      • Basement: Crawl Space
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,750
      • Total interior livable area: 1,750 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage, Heated Garage, Workshop in Garage, Water Available
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Blacktop Driveway, Patio
      Lot
      • Size: 0.27 Acres
      • Dimensions: 133 x 165
      • Features: Irregular Lot, Residential Lot
      Details
      • Parcel number: 0648013980080002034000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Other, Stone, Spray Foam Insulation, See Remarks
      • Foundation: Other, See Remarks
      • Roof: Asphalt,Metal
      Condition
      • Resale
      • Year built: 1920

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, High Speed Internet Available

      Community & HOA

      Location
      • Region: Panama

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $130,000
      • Annual tax amount: $4,420
      • Date on market: 9/10/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        $268,500

        $255,000 - $282,000

        $1,864/mo

        Price history

        DateEventPrice
        10/5/2026Price change$279,900-3.4%$160/sqft
        Source: NYSAMLSs #R1713613 Report a problem
        9/10/2026Listed for sale$289,900+2420.9%$166/sqft
        Source: NYSAMLSs #R1713613 Report a problem
        12/31/1992Sold$11,500-55.8%$7/sqft
        Source: Agent Provided Report a problem
        7/1/1988Sold$26,000$15/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $130,000
        2024-- $130,000
        2023-- $130,000 +62.5%
        2022-- $80,000 +53.3%
        2021-- $52,200
        2020-- $52,200
        2019-- $52,200 +1.4%
        2018-- $51,500 +2%
        2017$972 $50,500
        2016-- $50,500
        2015-- $50,500
        2014-- $50,500
        2013-- $50,500 -6.3%
        2012-- $53,900
        2011-- $53,900
        2010-- $53,900
        2009-- $53,900
        2008-- $53,900 +10%
        2007-- $49,000
        2006-- $49,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14767

        Getting around

        15 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Panama K-6
        • High: Panama High
        • District: Panama

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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