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 February 26, 2018

Last sale price $85,000 $31 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,178/month

65 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 February 2018

Fantastic opportunity to own a two family brick residence in the village of Newark. Two driveways, huge front porch and a garage. Each unit has 3 bedrooms, 1 bath, formal dining room, living room, walk up attic and basement with laundry hookups. Separate utilities, will sell fast so call today.

Last Agent to Sell the Property

Kimberlee Meeks

Listing by Doebler Realty, LLC License #10401248340 Listed on: 11/08/2017

Last Buyer's Agent

Kimberlee Meeks

Listing by Doebler Realty, LLC License #10401248340 Listed on: 11/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,773

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-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
  • Operating Expense $900
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,773

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Annual Operating Expenses: 900
  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 79900
  • Foundation Description: Block
  • Gross Annual Income: 15600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 64
  • Lot Information: Neighborhood Street
  • Lot Number: 313
  • Nearest Cross Street: North Main St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 566666.67
  • Ratio Close Price By Sq Ft: 30.93
  • Ratio List Price By Acres: 633333.33
  • Ratio List Price By Sq Ft: 34.57
  • Regional Board Code: Rochester
  • Rent Includes: Garage
  • School Tax: 1788
  • 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
  • Directions To Property: Rt 31 to Rt 88 north then left onto West Sherman Ave. The property is on the left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • 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
  • Kitchen Appliances Included: Oven/Range Gas-Some, Refrigerator
  • 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: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3773

MLS Schools

  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Chaka Properties Llc
Bought by
Peek Matthew S
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.
Original Mortgage
$103,500
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
02/26/2018 02/26/18 Sold $85,000 -10.5% $31 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
12/01/2017 12/01/17 Price Changed $95,000 -4.0% $35 / Sq Ft
11/08/2017 11/08/17 For Sale $99,000 -- $36 / 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

  • K

    Seller's Agent in 2018

    Kimberlee Meeks

    Doebler Realty, LLC

    60 in this area

    98 Total Sales

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Map

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

MLS Number: R1086312

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 08 November 2017 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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