NOT LISTED FOR SALE

1259 Washington St Adirondack, NY 12916

Estimated Value: $745,924

-- Bed
19 Baths
33,696 Sq Ft
$22/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $550,000 $16 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,496/month

Highlights

  • Corner Lot
  • Commercial or Retail Space
  • Coin Laundry

About This Home

As of December 2021

This is a unique business opportunity not to be missed. The Olde School is the former Brushton school that has been converted to a 14 apartment building with commercial or retail spaces also for rent, including the former cafeteria which can be rented out for events. The gymnasium along with two other commercial spaces are rented. The apartments are almost always at full tenancy- vacancies are filled within 30 days. Conveniently located between Malone, Potsdam and the Canadian border, this building makes this an ideal commuter's home. Located on the bus line and next to shopping, restaurants and other conveniences. There is a handicap entrance, an elevator and a laundromat for the tenants.

Last Agent to Sell the Property

Michael Kassian

Kassian Real Estate, LLC License #10491212430 Listed on: 07/07/2020

Last Buyer's Agent

Michael Kassian

Kassian Real Estate, LLC License #10491212430 Listed on: 07/07/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,782

Year Built

  • Built in 1970

Lot Details

  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 19 Full Bathrooms
  • 33,696 Sq Ft Home
  • 2-Story Property
  • Laundry on upper level
  • Basement

Utilities

  • Heating System Uses Propane
  • Drilled Well
  • Septic System

Community Details

  • 14 Units
  • Coin Laundry
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 107.20-9-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,782

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Style: Commercial
  • Style2: Five or more family
  • Alternate Property Type: COMMERCIAL
  • Construction: Brick exterior
  • Foundation: Basement
  • Price Per Sq Ft: 16
  • Year Built: 1970
  • Municipal Inspect Reqd: N
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1267

Interior Features

  • Estimated Sq Ft: 33696
  • Full Bathrooms: 19
  • Number Of Stories: 2
  • Total Bathrooms: 19
  • Stories: Two story

Exterior Features

  • Roof: Built-up Rubber Roof

Garage/Parking

  • Parking: 3 or more parking spaces

Utilities

  • Heat/Cool: Multiple fuel sources, Propane heating
  • Sewer: Septic
  • Water: Well drilled
  • Laundry: Coin-op, Common Laundry Room, Upstairs laundry
  • Number Of Electric Meters: 1

Schools

  • School District: Brushton-Moira Central School District

Lot Info

  • Lot Dimensions: 1 acre
  • Lot: A corner lot

Tax Info

  • Est Annual Taxes: 5782
  • Tax Assessments: 200000
  • Assessor Parcel Number: 107.20-9-4

Multi Family

  • Total Units: 14

MLS Schools

  • School District I D: Brushton-Moira Central School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Dec 21, 2021
Sold by
Dabiew Enterprises Llc
Bought by
1259 Wa Street Llc
Seller's Agent
Michael Kassian
Kassian Real Estate, LLC
Buyer's Agent
Michael Kassian
Kassian Real Estate, LLC
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%
Current Estimated Value
$745,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,924
Avg. Annual Appreciation
8.01%
Original Mortgage
$181,281
Outstanding Balance
$167,436
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,585

Purchase Details

Listed on
Jul 7, 2020
Closed on
Dec 10, 2021
Sold by
Dabiew Enterprises Llc
Bought by
1259 Washington Street Llc
Seller's Agent
Michael Kassian
Kassian Real Estate, LLC
Buyer's Agent
Michael Kassian
Kassian Real Estate, LLC
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,281
Outstanding Balance
$167,436
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,585

Purchase Details

Closed on
Sep 17, 2009
Sold by
Soucia Guy
Bought by
Dabiew Enterprises Llc

Purchase Details

Closed on
Jun 27, 2005
Sold by
Brushton Moira Central Sc Hool District
Bought by
Sourcia Guy
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
1259 Wa Street Llc $584,000 None Available
1259 Washington Street Llc $584,000 First American Titles National
Dabiew Enterprises Llc $33,000 Bryan J Hughes
Sourcia Guy $50,000 John Willer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1259 Washington Street Llc $69,000
Open 1259 Wa Street Llc $181,281
Closed 1259 Washington Street Llc $181,280
Previous Owner Dabiew Ents Llc $23,342
Previous Owner Dabiew Ent Llc $67,164
Previous Owner Dabiew Ent Llc $30,000
Previous Owner Dabiew Ent Llc $10,000
Previous Owner Dabiew Ent Llc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $550,000 -18.5% $16 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $675,000 +22.7% $20 / Sq Ft
07/08/2021 07/08/21 Off Market $550,000 -- --
07/07/2020 07/07/20 For Sale $675,000 -- $20 / Sq Ft
Source: St. Lawrence County Board of REALTORS®

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 $6,269 $200,000 $16,200 $183,800
2023 $6,317 $200,000 $16,200 $183,800
2022 $6,076 $200,000 $16,200 $183,800
2021 $5,900 $200,000 $16,200 $183,800
2020 $5,819 $200,000 $16,200 $183,800
2019 $5,886 $200,000 $16,200 $183,800
2018 $5,645 $200,000 $16,200 $183,800
2017 $5,484 $200,000 $16,200 $183,800
2016 $5,654 $200,000 $16,200 $183,800
2015 -- $200,000 $16,200 $183,800
2014 -- $200,000 $16,200 $183,800
Source: Public Records

Agents Affiliated with this Home

  • Michael Kassian

    Seller's Agent in 2021

    Michael Kassian

    Kassian Real Estate, LLC

    (315) 769-0025

    271 Total Sales

    Michael Kassian
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Map

Source: St. Lawrence County Board of REALTORS®

MLS Number: 44108

St. Lawrence County Board of REALTORS®

APN: 165001-107-020-0009-004-000-0000

New York Franklin County Adirondack 12916

1259 Washington St, Adirondack, NY

This home is located at 1259 Washington St, Adirondack, NY 12916 since 07 July 2020 and is currently estimated at $745,924, approximately $22 per square foot. This property was built in 1970. 1259 Washington St is a home located in Franklin County with nearby schools including Brushton-Moira Elementary School and Brushton-Moira High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

St. Lawrence County Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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