NOT LISTED FOR SALE

126 W Sherman Ave Newark, NY 14513

Estimated Value: $137,000 - $188,000

6 Beds
2 Baths
2,748 Sq Ft
$58/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $115,000 $42 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,178/month

6 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Ceiling Fan
  • Full Attic
  • Forced Air Zoned Heating and Cooling Systems
  • Baseboard Heating

About This Home

As of September 2022

Spacious brick duplex in the heart of Newark! Two large units with 3 bedrooms, 1 bath, kitchen, dining and living areas. Huge porch, back mudroom, washer/dryer hook up and parking on each side. The roof is only 7 years old. 128 is vacant and has an updated kitchen, nice hardwoods, newer thermal windows, and a 1 car garage. 126 is occupied by a long term tenant. Great option to owner occupy or purchase for an investment. Delayed negotiations until Wednesday 6/29 @ noon.

Last Agent to Sell the Property

Chad Loblaw

Listing by Brix & Maven Realty Group LLC License #10491210656 Listed on: 06/23/2022

Co-Listed By

Karey Grover

Listing by Brix & Maven Realty Group LLC License #10401226173

Last Buyer's Agent

Toby Crouse

Listing by Howard Hanna License #10401360007

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100 x 64
  • Partially Fenced Property

Parking

  • 1.5 Car Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,748 Sq Ft Home
  • 2.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Full Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes garage
  • Tax Lot 313
  • Assessor Parcel Number 542001-068-111-0018-313-186-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,063

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 79900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 64
  • Lot Information: Neighborhood Street
  • Lot Number: 313
  • Nearest Cross Street: Main St
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 766666.67
  • Ratio Close Price By Sq Ft: 41.85
  • Ratio List Price By Acres: 766000.00
  • Ratio List Price By Sq Ft: 41.81
  • Regional Board Code: Rochester
  • Rent Includes: Garage
  • School Tax: 1937
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Newark-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6534
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2748
  • Directions To Property: From NY-31 E, left onto Whitbeck Rd, right onto W Shore Blvd, left onto Main St, left onto Sherman
  • Sq Ft Total Pub: 2748
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Electrical Fuses - some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Sump Pump
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 2748

Exterior Features

  • Construction: Brick, Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Hot Water, Multi-Zone
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Newark

Lot Info

  • Parcel Number: 542001-068-111-0018-313-186-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4063

MLS Schools

  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 1, 2022
Sold by
Chaka Properties Llc
Bought by
Peek Matthew S
Seller's Agent
Chad Loblaw
Brix & Maven Realty Group LLC
Buyer's Agent
Toby Crouse
Howard Hanna
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%
Current Estimated Value
$156,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,982
Avg. Annual Appreciation
11.50%
Original Mortgage
$103,500
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
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
Peek Matthew S $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nlk Pro Llc $362,400
Closed Peek Matthew S $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $115,000 +0.1% $42 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $114,900 -- $42 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,812 $120,000 $9,000 $111,000
2023 $3,812 $79,900 $8,400 $71,500
2022 $4,133 $79,900 $8,400 $71,500
2021 $4,077 $79,900 $8,400 $71,500
2020 $3,983 $79,900 $8,400 $71,500
2019 $3,929 $79,900 $8,400 $71,500
2018 $3,814 $79,900 $8,400 $71,500
2017 $3,769 $79,900 $8,400 $71,500
2016 $3,771 $79,900 $8,400 $71,500
Source: Public Records

Agents Affiliated with this Home

  • Chad Loblaw

    Seller's Agent in 2022

    Chad Loblaw

    Brix & Maven Realty Group LLC

    (585) 746-8805

    9 in this area

    153 Total Sales

    Section Image
  • Karey Grover

    Seller Co-Listing Agent in 2022

    Karey Grover

    Brix & Maven Realty Group LLC

    (585) 690-8425

    8 in this area

    136 Total Sales

    Section Image

  • T

    Buyer's Agent in 2022

    Toby Crouse

    Howard Hanna

    Section Image
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Map

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

MLS Number: R1415370

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-111-0018-313-186-0000

New York Wayne County Newark 14513

126 W Sherman Ave, Newark, NY

This home is located at 126 W Sherman Ave, Newark, NY 14513 since 23 June 2022 and is currently estimated at $158,535, approximately $57 per square foot. This property was built in 1880. 126 W Sherman Ave is a home located in Wayne County with nearby schools including Norman R. Kelley Intermediate School, Newark Middle School, and Newark Senior High School.

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