NOT LISTED FOR SALE

101 W Smith St Herkimer, NY 13350

Estimated Value: $95,000 - $157,000

5 Beds
3 Baths
2,776 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $24,900 $9 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $900/month

47 Days on Market

About This Home

As of February 2020

An opportunity to fix up this 3 unit building with adjacent vacant lot. The main structure includes 2 units with additional wing in poor condition for 3rd unit. Central to Main Street amenities the building has potential to become an income producing property. This property is being sold AS IS, it is for the investment buyer interested in a large renovation .

Last Agent to Sell the Property

Patricia Wingate

Listing by Cornerstone Properties License #37WI0792743 Listed on: 11/10/2019

Last Buyer's Agent

Joanne Zennamo

Listing by T. D'Amico Real Estate, LLC License #10301204426

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 82 x 60

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Built-Up Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes no utilities
  • Assessor Parcel Number 120.33-3-25

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Herkimer-Village-213001
  • Total Assessed Value: 68000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 82
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: s Main St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 226363.64
  • Ratio Close Price By Sq Ft: 8.97
  • Ratio List Price By Acres: 226363.64
  • Ratio List Price By Sq Ft: 8.97
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • Roof Description: Built-Up/Tar, Composition, Flat
  • School Tax: 1800
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 3 Unit
  • Type of Sale: Bank Owned / REO
  • Village: Herkimer-Village
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: West State Street Herkimer, right on S Main St , right on W Smith Street.
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2776

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1100

Garage/Parking

  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Sewer Description: Sewer Available
  • Water Heater Fuel: Gas

Schools

  • School District: Herkimer

Lot Info

  • Parcel Number: 120.33-3-25

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 8000

MLS Schools

  • School District Name: Herkimer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2019
Closed on
Jan 27, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Rudd Teresa J
Seller's Agent
Patricia Wingate
Cornerstone Properties
Buyer's Agent
Joanne Zennamo
T. D'Amico Real Estate, LLC
List Price
$24,900
Sold Price
$24,900
Current Estimated Value
$131,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,433
Avg. Annual Appreciation
35.01%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Pimpinella Paul J
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Oct 3, 1991
Source: Public Records

Range of Values:

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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
Rudd Teresa J $24,900 None Available
Wilmington Svgs Fund Soc $25,000 None Available
-- $1,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $24,900 0.0% $9 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $24,900 -- $9 / Sq Ft
Source: Mid New York Regional 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 $2,232 $35,000 $9,900 $25,100
2023 $2,197 $35,000 $9,900 $25,100
2022 $2,127 $35,000 $9,900 $25,100
2021 $2,119 $35,000 $9,900 $25,100
2020 $3,207 $68,000 $9,900 $58,100
2019 $2,312 $68,000 $9,900 $58,100
2018 $6,084 $68,000 $9,900 $58,100
2017 $7,794 $68,000 $9,900 $58,100
2016 $3,915 $68,000 $9,900 $58,100
2015 -- $68,000 $9,900 $58,100
2014 -- $68,000 $9,900 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1237722

Mid New York Regional MLS

APN: 213001-120-033-0003-075-000-0000