NOT LISTED FOR SALE

1041 State St Watertown, NY 13601

Estimated Value: $142,000 - $191,000

4 Beds
2 Baths
1,878 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $33,750 $18 Per Sq Ft

Est. 377% increase in value since last sale

Current estimated payment $994/month

83 Days on Market

About This Home

As of May 2020

This 2 unit apartment building is looking for its new owner. If you are entry level investor looking for your first asset for your new inventory, this is the property for you. Make appointment to see it today, and start your income for the new year.

Last Agent to Sell the Property

Rob Moyer

Listing by Door to Door Realty License #10491211809 Listed on: 12/12/2019

Last Buyer's Agent

Betty Bork

Listing by Door to Door Realty License #30BO1002800

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,032 Sq Ft Lot
  • Lot Dimensions are 96 x 42

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,878 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • HUD Owned
  • Tax Lot 202
  • Assessor Parcel Number 221800-006-000-0015-202-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Watertown-City-221800
  • Total Assessed Value: 67400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 96
  • Lot Dimension Front: 42
  • Lot Information: Neighborhood Street
  • Lot Number: 202
  • Nearest Cross Street: N PLEASANT
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 364470.84
  • Ratio Close Price By Sq Ft: 17.97
  • Ratio List Price By Acres: 364470.84
  • Ratio List Price By Sq Ft: 17.97
  • Regional Board Code: Syracuse
  • School Tax: 1015
  • Sub Board Code: Jefferson-Lewis Board
  • Type of Sale: HUD or Govt Owned
  • Year Built Description: Existing
  • Lot Sq Ft: 4032
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Public Square, head up State, past Cheney Tire, home is on left just past N Hamilton and just before N Pleasant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1878

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0926

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 221800-006-000-0015-202-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2374

MLS Schools

  • School District Name: Watertown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
May 4, 2020
Sold by
Usa Hud
Bought by
Atnip John and Atnip Christy
Seller's Agent
Rob Moyer
Door to Door Realty
Buyer's Agent
Betty Bork
Door to Door Realty
List Price
$50,000
Sold Price
$33,750
Premium/Discount to List
-$16,250
-32.5%
Current Estimated Value
$161,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,345
Avg. Annual Appreciation
33.01%
Original Mortgage
$25,312
Outstanding Balance
$22,514
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,581

Purchase Details

Closed on
Oct 11, 2019
Sold by
Jp Morgan Chase Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Sep 12, 2019
Sold by
Weldon Lisa
Bought by
Jp Morgan Cahse Bank Na

Purchase Details

Closed on
Jun 15, 2009
Sold by
Hongach Andrew
Bought by
Foster Aaron

Purchase Details

Closed on
Jul 24, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Newcomb Randy

Purchase Details

Closed on
Feb 2, 2000
Sold by
Slate Maureen T and Slate Sylvester H
Bought by
Mcgregor James S

Purchase Details

Closed on
Dec 9, 1997
Sold by
Haynes Ruth R
Bought by
Slate Maureen
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
Atnip John $33,750 None Available
Usa Hud -- --
Jp Morgan Cahse Bank Na $79,804 --
Foster Aaron $74,000 --
Hongach Andrew $37,000 Andrew N Capone
Newcomb Randy $23,000 --
Mcgregor James S $30,000 --
Slate Maureen $12,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atnip John $25,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Sold $33,750 0.0% $18 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/29/2020 02/29/20 Price Changed $33,750 -25.0% $18 / Sq Ft
01/16/2020 01/16/20 Price Changed $45,000 -10.0% $24 / Sq Ft
12/12/2019 12/12/19 For Sale $50,000 -- $27 / Sq Ft
Source: Jefferson-Lewis Board of REALTORS®

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 $1,760 $96,300 $8,400 $87,900
2023 $710 $96,300 $8,400 $87,900
2022 $777 $96,300 $8,400 $87,900
2021 $777 $96,300 $8,400 $87,900
2020 $1,502 $96,300 $8,400 $87,900
2019 $513 $96,300 $8,400 $87,900
2018 $941 $67,400 $8,400 $59,000
2017 $1,502 $67,400 $8,400 $59,000
2016 $1,502 $67,400 $8,400 $59,000
2015 -- $67,400 $8,400 $59,000
2014 -- $67,400 $8,400 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson-Lewis Board of REALTORS®

MLS Number: S1242285

Jefferson-Lewis Board of REALTORS®

APN: 221800-006-000-0015-202-000-0000