NOT LISTED FOR SALE

125 Elm St Newark, NY 14513

Estimated Value: $137,005 - $167,000

4 Beds
2 Baths
2,092 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Last sale price $114,900 $55 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,088 / mo

12 Days on Market

Highlights

  • Woodwork
  • Wood Siding
  • Carpet
  • Forced Air Heating System

About This Home

As of July 2022

2-2 bedroom rental units with long term tenants. Both units have totally separate utilities including water, sewer, electric and gas.

Last Agent to Sell the Property

Jim Van Schaffel

Listing by Howard Hanna License #30VA0986332 Listed on: 06/02/2022

Howard Hanna

Last Buyer's Agent

Tamarah DeWolf

Listing by Empire Realty Group License #10401258261

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 66x75

Parking

  • Paved Parking

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 552
  • Assessor Parcel Number 542001-068-110-0007-552-939-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1890

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1890
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Take South Main St. to Church Street to Hoffman St. property is on corner of Elm and Hoffman
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Resilient, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Newark

Lot Info

  • Parcel Number: 542001-068-110-0007-552-939-0000
  • Lot Dimensions: 66X75
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 14100.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3671.0
  • Tax Lot: 552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 28, 2022
Sold by
Sharrow Robert L
Bought by
Norsen Alan A and Norsen Lori A
Seller's Agent
Jim Van Schaffel
Howard Hanna
Buyer's Agent
Tamarah DeWolf
Empire Realty Group
List Price
$114,900
Sold Price
$114,900
Current Estimated Value
$149,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,351
Avg. Annual Appreciation
7.26%
Original Mortgage
$84,900
Outstanding Balance
$80,592
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,659

Purchase Details

Closed on
Dec 10, 2012
Sold by
Sharrow Robert
Bought by
Sharrow Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1998
Sold by
Dejohn Daniel J
Bought by
Sharrow Robert L and Sharrow Anna M

Purchase Details

Closed on
Feb 4, 1998

Purchase Details

Closed on
Jun 29, 1995
Sold by
Dejohn Daniel J Dejohn Rose L
Bought by
Graffeo Michael and Graffeo Kim
Source: Public Records
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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
Norsen Alan A $114,900 None Available
Norsen Alan A $114,900 None Available
Norsen Alan A $114,900 None Available
Sharrow Robert -- --
Sharrow Robert -- --
Sharrow Robert L $40,000 --
Sharrow Robert L $40,000 --
-- -- --
-- -- --
Graffeo Michael $50,000 --
Graffeo Michael $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norsen Alan A $84,900
Closed Norsen Alan A $84,900
Previous Owner Sharrow Robert $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $114,900 0.0% $55 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $114,900 -- $55 / 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 $3,558 $122,000 $6,600 $115,400
2024 $3,558 $122,000 $6,600 $115,400
2023 $3,629 $72,000 $6,500 $65,500
2022 $3,724 $72,000 $6,500 $65,500
2021 $3,674 $72,000 $6,500 $65,500
2020 $3,589 $72,000 $6,500 $65,500
2019 $967 $72,000 $6,500 $65,500
2018 -- $72,000 $6,500 $65,500
2017 -- $72,000 $6,500 $65,500
2016 -- $72,000 $6,500 $65,500
2015 -- $72,000 $6,500 $65,500
2014 -- $72,000 $6,500 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1409680

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0007-552-939-0000

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