NOT LISTED FOR SALE

106 Cherry St Phoenix, NY 13135

Estimated Value: $152,000 - $190,913

4 Beds
2 Baths
2,308 Sq Ft
$72/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $67,000 $29 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,183/month

7 Days on Market

About This Home

As of September 2018

Nicely remodeled 2 family in the village of Phoenix. Exterior looks fresh and interior apartments are clean and impressive. There is off street parking for both apartments. Best uses are in Law living, live in one apt. and let the other apt. help pay your mortgage. Or collect the total rent from both sides as an income generator.

Last Agent to Sell the Property

John Adolfi

Listing by Dropped Members License #10311200327 Listed on: 07/20/2018

Last Buyer's Agent

Patrick Haggerty

Listing by Century 21 Leah's Signature License #10301221169

Century 21 Leah's Signature

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 192 x 78

Home Design

  • Stone Foundation

Interior Spaces

  • 2,308 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Stone Driveway
  • Dirt Driveway

Schools

  • Michael A Maroun Elementary School
  • Emerson J Dillon Middle School
  • John C Birdlebough High School

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 355401-303-020-0005-009-100-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,200
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1200
  • NY Swis Code: Phoenix-Village-355401
  • Total Assessed Value: 74000
  • Foundation Description: Stone
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 192
  • Lot Dimension Front: 78
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Spring St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 192087.16
  • Ratio Close Price By Sq Ft: 29.03
  • Ratio List Price By Acres: 186353.21
  • Ratio List Price By Sq Ft: 28.16
  • Regional Board Code: Syracuse
  • Rent Includes: Refuse Removal, Water
  • School Tax: 2423
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Village: Phoenix-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 15196
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Volney St (Route 264) to Spring St. to Cherry St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas-Some, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Total Sq Ft: 2308

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.3488

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Dirt, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 355401-303-020-0005-009-100-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4346

MLS Schools

  • Elementary School Name: Michael A Maroun Elementary
  • High School Name: John C Birdlebough High
  • Middle School Name: Emerson J Dillon Middle
  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 20, 2018
Sold by
Fitzgerald Ronald L and Fitzgerald Margaret J
Bought by
French Jonathan R and Higgins Emily L
Seller's Agent
John Adolfi
Dropped Members
Buyer's Agent
Patrick Haggerty
Century 21 Leah's Signature
List Price
$65,000
Sold Price
$67,000
Premium/Discount to List
$2,000
3.08%
Current Estimated Value
$166,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,978
Avg. Annual Appreciation
13.40%
Original Mortgage
$65,786
Outstanding Balance
$57,557
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$109,421
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
French Jonathan R $67,000 Vanguard Research & Title Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French Jonathan R $65,786
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $67,000 +3.1% $29 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $65,000 -- $28 / 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 $3,708 $74,000 $14,100 $59,900
2023 $3,686 $74,000 $14,100 $59,900
2022 $3,485 $74,000 $14,100 $59,900
2021 $4,533 $74,000 $14,100 $59,900
2020 $4,694 $74,000 $14,100 $59,900
2019 $4,646 $74,000 $14,100 $59,900
2018 $4,646 $74,000 $14,100 $59,900
2017 $3,504 $74,000 $14,100 $59,900
2016 $4,533 $74,000 $14,100 $59,900
2015 -- $74,000 $14,100 $59,900
2014 -- $74,000 $14,100 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1132542

Central New York Information Services

APN: 355401-303-020-0005-009-001-0000