NOT LISTED FOR SALE

1031 County Route 12 Pennellville, NY 13132

Estimated Value: $171,000 - $216,000

5 Beds
2 Baths
2,456 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $150,000 $61 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,376/month

250 Days on Market

Highlights

  • 1.6 Acre Lot
  • Corner Lot
  • High Speed Internet
  • Wood Flooring
  • Forced Air Cooling System

About This Home

As of April 2023

Great opportunity for either owner with additional income or investment property. With the new developments with the Great Northern Mall and the future development of the Pine Business Park Chip Manufacturer employing over 2,000 workers housing will be at a premium, great time to own rental property. PLEASE NOTE SELLER IS NOT PROVIDING A SURVEY.

Last Agent to Sell the Property

James David LeBlanc

Listing by Arquette & Associates,REALTORS License #40LE0925608 Listed on: 05/14/2022

Last Buyer's Agent

Renee Kennedy

Listing by Howard Hanna Real Estate License #10401216316

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1920

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 375 x 238
  • Corner Lot
  • Irregular Lot

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,456 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes garage
  • Tax Lot 12
  • Assessor Parcel Number 355489-305-002-0009-012-000-0000

Community Details

Overview

  • 2 Units
  • Scribas Patent Community
  • Scribas Patent Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,391

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Schroeppel-355489
  • Total Assessed Value: 65900
  • Gross Annual Income: 28800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 375
  • Lot Dimension Front: 238
  • Lot Information: Corner Lot
  • Lot Number: 12
  • Lot Shape: Irregular
  • Nearest Cross Street: County Route 10
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 93750.00
  • Ratio Close Price By Sq Ft: 61.07
  • Ratio List Price By Acres: 111875.00
  • Ratio List Price By Sq Ft: 72.88
  • Regional Board Code: Syracuse
  • Rent Includes: Garage
  • School Tax: 2210
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 69696
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2456
  • Directions To Property: From Route 31 in Clay County Route 12 North to intersection of County Route 10 White House on corner.
  • Sq Ft Total Pub: 2456
  • Subdivision Comm Complex: Scribas Patent
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2456

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 1.6000

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Septic
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Phoenix

Lot Info

  • Parcel Number: 355489-305-002-0009-012-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3391

MLS Schools

  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Mar 15, 2023
Sold by
Kline Richard P and Kline Family Revocable Trust
Bought by
Lagstrom Dale L
Seller's Agent
James David LeBlanc
Arquette & Associates,REALTORS
Buyer's Agent
Renee Kennedy
Howard Hanna Real Estate
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Views
15
Current Estimated Value
$192,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,581
Avg. Annual Appreciation
9.75%
Original Mortgage
$112,500
Outstanding Balance
$109,389
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$78,131

Purchase Details

Closed on
Jun 15, 2007
Sold by
Kline David Edward
Bought by
Kline Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.48%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Lagstrom Dale L $150,000 Cnty Abstract &Amp Ttl Svcs
Lagstrom Dale L $150,000 Cnty Abstract &Amp Ttl Svcs
Lagstrom Dale L $150,000 Cnty Abstract &Amp Ttl Svcs
Kline Richard P $70,000 None Available
Kline Richard P $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagstrom Dale L $112,500
Closed Lagstrom Dale L $112,500
Previous Owner Kline Richard $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $150,000 -16.2% $61 / Sq Ft
01/26/2023 01/26/23 For Sale $179,000 0.0% $73 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
10/25/2022 10/25/22 Price Changed $179,000 -0.5% $73 / Sq Ft
05/14/2022 05/14/22 For Sale $179,900 -- $73 / Sq Ft
Source: Central New York Information Services

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 $4,014 $77,000 $17,400 $59,600
2023 $3,631 $65,900 $17,400 $48,500
2022 $3,419 $65,900 $17,400 $48,500
2021 $3,392 $65,900 $17,400 $48,500
2020 $3,550 $65,900 $17,400 $48,500
2018 $3,499 $65,900 $17,400 $48,500
2017 $3,437 $65,900 $17,400 $48,500
2016 $3,380 $65,900 $17,400 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1405604

Central New York Information Services

APN: 355489-305-002-0009-012-000-0000