NOT LISTED FOR SALE

1 Wells St Saratoga Springs, NY 12866

Estimated Value: $840,000 - $982,000

3 Beds
4 Baths
2,896 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $501,000 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,534/month

4 Days on Market

Highlights

  • Active Adult
  • Forced Air Heating and Cooling System
  • Level Lot
  • No HOA

About This Home

As of May 2018

Your chance to own this 3-family investment property in the Historic Westside! This well-maintained income-producing triplex is a short stroll to everything Downtown & to Beekman St. Arts District. Spacious units with separate utilities. Unit 3 has central air & W/D. Unit 1A has W/D hookup. 1A & 3 have private rear entry into each kitchen. Walk-up attic! Rents were below market. This opportunity checks all the boxes for any investor and/or owner occupant. Call Agent for more information! Excellent Condition, Very Good Condition

Last Agent to Sell the Property

Lisa Miller

Coldwell Banker Prime Properties Listed on: 03/23/2018

Last Buyer's Agent

MaryAnn Paratore

Howard Hanna Capital Inc License #40PA1121164

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt

Interior Spaces

  • 2,896 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for snow removal
  • Legal Lot and Block 52 / 1
  • Assessor Parcel Number 411501 165.50-1-52

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,553

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1901
  • Directions: From Wilton; Rt 50 South to Van Dam St, Right on Wells St.
  • Above Grade Finished Sq Ft: 2896.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 2923.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4653.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.06
  • Lot Size: per deed
  • Possession Possession Legacy: At closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Other Income Description: Actual
  • Income: 37200.0
  • Income Description: Actual
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Unit Information Number Of Washers: 1
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 2896.0
  • Owner Pays: Snow Removal
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Saratoga Springs

Lot Info

  • Lot Features: Level
  • Parcel #: 411501 165.50-1-52
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7553.0
  • Tax Block: 1
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
37 Greenfield Llc
Bought by
Coughlan Seamus M and Coughlan Eileen T
Current Estimated Value
$917,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$476,575
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$441,004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coughlan Seamus M $725,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlan Seamus M $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $501,000 +4.6% $173 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $479,000 -- $165 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,497 $281,900 $45,000 $236,900
2023 $7,232 $281,900 $45,000 $236,900
2022 $7,232 $281,900 $45,000 $236,900
2021 $7,232 $281,900 $45,000 $236,900
2016 $7,232 $281,900 $45,000 $236,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Miller

    Coldwell Banker Prime Properties

  • MaryAnn Paratore

    Buyer's Agent in 2018

    MaryAnn Paratore

    Howard Hanna Capital Inc

    (518) 587-4323

    7 in this area

    17 Total Sales

    MaryAnn Paratore
    Section Image
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Map

Source: Global MLS

MLS Number: 201814796

Global MLS

APN: 411501 165.50-1-52

New York Saratoga County Saratoga Springs 12866

1 Wells St, Saratoga Springs, NY

Not Listed for Sale

MultiFamily

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