NOT LISTED FOR SALE

124 Prospect St Newark, NY 14513

Estimated Value: $156,000 - $188,220

3 Beds
2 Baths
2,710 Sq Ft
$62/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2020

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

Est. 125% increase in value since last sale

Current estimated payment $1,293 / mo

137 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating System
  • 2 Car Garage

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 66x148

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,766

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1900
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: RMXP
  • Co List Office Phone: 585-394-8000
  • Directions: From 88 North heading toward Newark, right onto E Maple Ave, turn left onto Prospect
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Newark

Lot Info

  • Parcel Number: 542001-068-110-0006-479-928-0000
  • Lot Dimensions: 66X148
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3766.0
  • Tax Lot: 479

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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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
2025 $4,695 $161,000 $14,300 $146,700
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

    147 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

    130 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

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