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.
Active
Price cut: $10K (10/5)
$279,900
7 South St, Panama, NY 14767
3beds
1,750sqft
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
- 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#: R1713613
Originating 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
Video & virtual tour
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
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Price change | $279,900-3.4%$160/sqft |
Source: | ||
| 9/10/2026 | Listed for sale | $289,900+2420.9%$166/sqft |
Source: | ||
| 12/31/1992 | Sold | $11,500-55.8%$7/sqft |
Source: Agent Provided Report a problem | ||
| 7/1/1988 | Sold | $26,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 14767
Nearby schools
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.




