NOT LISTED FOR SALE

124 Prospect St Newark, NY 14513

Estimated Value: $151,000 - $195,344

3 Beds
2 Baths
2,710 Sq Ft
$63/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $75,000 $28 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,265/month

137 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of January 2020

Don't miss out on this wonderful investment opportunity in Newark! This duplex features two units (one 3 BR and one 2 BR) and a great back yard! Nice neighborhood within walking distance of shops and restaurants! Rents are currently below market value, so there is room to grow for the savvy investor! This property is priced to sell, so schedule your showing today!

Last Agent to Sell the Property

Chad Loblaw

Listing by Brix & Maven Realty Group LLC License #10491210656 Listed on: 07/12/2019

Co-Listed By

Karey Grover

Listing by Brix & Maven Realty Group LLC License #10401226173

Last Buyer's Agent

Laura Patrick

Listing by The Young Agency License #10401274190

The Young Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 148 x 66

Interior Spaces

  • 2,710 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 479
  • Assessor Parcel Number 542001-068-110-0006-479-928-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,766

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 78900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 148
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 479
  • Nearest Cross Street: Myrtle
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 326086.96
  • Ratio Close Price By Sq Ft: 27.68
  • Ratio List Price By Acres: 369130.43
  • Ratio List Price By Sq Ft: 31.33
  • Regional Board Code: Rochester
  • School Tax: 1784
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Village: Newark-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 10019
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From 88 North heading toward Newark, right onto E Maple Ave, turn left onto Prospect
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2710

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.2300

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

Lot Info

  • Parcel Number: 542001-068-110-0006-479-928-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3766

MLS Schools

  • School District Name: Newark

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2020 01/16/20 Sold $75,000 -11.7% $28 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $84,900 -5.6% $31 / Sq Ft
07/12/2019 07/12/19 For Sale $89,900 -- $33 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $4,695 $161,000 $14,300 $146,700
2023 $4,360 $78,900 $14,800 $64,100
2022 $4,081 $78,900 $14,800 $64,100
2021 $4,026 $78,900 $14,800 $64,100
2020 $3,933 $78,900 $14,800 $64,100
2019 $1,060 $78,900 $14,800 $64,100
2018 -- $78,900 $14,800 $64,100
2017 -- $78,900 $14,800 $64,100
2016 -- $78,900 $14,800 $64,100
2015 -- $78,900 $14,800 $64,100
2014 -- $78,900 $14,800 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Chad Loblaw

    Seller's Agent in 2020

    Chad Loblaw

    Brix & Maven Realty Group LLC

    (585) 746-8805

    8 in this area

    145 Total Sales

    Chad Loblaw
    Section Image
  • Karey Grover

    Seller Co-Listing Agent in 2020

    Karey Grover

    Brix & Maven Realty Group LLC

    (585) 690-8425

    7 in this area

    127 Total Sales

    Karey Grover
    Section Image

  • L

    Buyer's Agent in 2020

    Laura Patrick

    The Young Agency

    Section Image
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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1203580

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0006-479-928-0000

New York Wayne County Newark 14513

124 Prospect St, Newark, NY

Not Listed for Sale

MultiFamily

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