NOT LISTED FOR SALE

114 Bay St Glens Falls, NY 12801

Estimated Value: $197,000 - $214,000

4 Beds
3 Baths
1,886 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $149,900 $79 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,508/month

204 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2021

Three units with two, long term, tenants. Third unit is currently vacant, will be rented for $700.

Last Agent to Sell the Property

Janet DiManno

All-American Properties.com Listed on: 10/15/2020

Last Buyer's Agent

Shelli Cameron

Cameron & Associates Real Esta License #10371201208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 61 x 105

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1,886 Sq Ft Home
  • Interior Basement Entry

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • Legal Lot and Block -1 / -12
  • Assessor Parcel Number 520500 302.16--12--1

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1901
  • Directions: From downtown Glens Falls, take Bay Street to corner of Chester, on left. An easy walk to all downtown has to offer and on the bus route!
  • Above Grade Finished Sq Ft: 1886.0
  • Architectural Style: Triplex
  • Lot Size: 61 x 105
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Estimated
  • Income And Expenses Miscellaneous Expense: 850.0
  • Miscellaneous Expense Description: Estimated
  • Income: 2125.0
  • Income Description: Estimated
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Special Features: None

Interior Features

  • Basement: Interior Entry
  • Living Area: 1886.0
  • Basement:Interior Entry: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: Glens Falls

Lot Info

  • Parcel #: 520500 302.16--12--1

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 1493.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4806.0
  • Tax Block: -12
  • Tax Lot: -1
  • Tax Tract: 302.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jun 14, 2021
Sold by
Shustak Michael C and Shustak Bernadette G
Bought by
Palmer Andrea R
Seller's Agent
Janet DiManno
All-American Properties.com
Buyer's Agent
Shelli Cameron
Cameron & Associates Real Esta
List Price
$169,900
Sold Price
$149,900
Premium/Discount to List
-$20,000
-11.77%
Current Estimated Value
$204,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,282
Avg. Annual Appreciation
7.73%
Original Mortgage
$112,425
Outstanding Balance
$102,889
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,293

Purchase Details

Closed on
Dec 18, 2009
Sold by
Nesta Group Llc
Bought by
Shustak Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2008
Sold by
Lapann James L
Bought by
The Nesta Group Llc
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
Palmer Andrea R $149,900 None Available
Shustak Michael $133,000 Michael Borgos
The Nesta Group Llc $200,000 Michael S Borgos
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Andrea $62,883
Open Palmer Andrea R $112,425
Previous Owner Shustak Michael $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $149,900 0.0% $79 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $149,900 -6.3% $79 / Sq Ft
11/06/2020 11/06/20 Price Changed $159,900 -5.9% $85 / Sq Ft
10/15/2020 10/15/20 For Sale $169,900 0.0% $90 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $169,900 -- $90 / 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 $4,754 $167,400 $25,700 $141,700
2023 $4,358 $152,200 $25,700 $126,500
2022 $4,567 $152,200 $25,700 $126,500
2021 $4,889 $110,500 $34,600 $75,900
2020 $4,864 $110,500 $34,600 $75,900
2019 $2,618 $110,500 $34,600 $75,900
2018 $2,618 $110,500 $34,600 $75,900
2017 $2,586 $110,500 $34,600 $75,900
2016 $4,612 $110,500 $34,600 $75,900
2015 -- $110,500 $34,600 $75,900
2014 -- $110,500 $34,600 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202028209

Global MLS

APN: 520500-302-016-0012-001-000-0000