NOT LISTED FOR SALE

Estimated Value: $128,000 - $161,000

5 Beds
3 Baths
2,764 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $100,000 $36 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,051/month

2 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Heating System Uses Gas
  • Full Attic
  • Property is near a bus stop

About This Home

As of March 2021

This spotless 3 unit is awaiting your tenants. Not much to do here but start making money. Plenty of parking!

Last Agent to Sell the Property

James Benson

Listing by Coldwell Banker Sexton Real Estate License #40BE1048606 Listed on: 09/28/2020

Coldwell Banker Sexton Real Estate

Last Buyer's Agent

Alen Zekic

Listing by Assist2Sell Buyers & Sellers 1st Choice License #10401267029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1918

Lot Details

  • 5,814 Sq Ft Lot
  • Lot Dimensions are 153 x 38

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes cooking gas, water
  • Tax Lot 15
  • Assessor Parcel Number 301600-330-024-0002-015-000-0000

Community Details

Overview

  • 3 Units
  • Sr Lewis Community
  • Sr Lewis Subdivision

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,736

Year Built

Built in 1918

Lot Details

0

Listing Details

  • NY Swis Code: Utica-City-301600
  • Total Assessed Value: 41100
  • Foundation Description: Block
  • Gross Annual Income: 23400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 153
  • Lot Dimension Front: 38
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 15
  • Nearest Cross Street: Elm Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 749063.67
  • Ratio Close Price By Sq Ft: 36.18
  • Ratio List Price By Acres: 748314.61
  • Ratio List Price By Sq Ft: 36.14
  • Regional Board Code: Syracuse
  • Rent Includes: Cooking Gas, Water
  • Roof Description: Asphalt
  • School Tax: 1111
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5814
  • Age of Building: 104
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 2764
  • Directions To Property: Parkway or James to Elm Street
  • Sq Ft Total Pub: 2764
  • Subdivision Comm Complex: Sr Lewis
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2764

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1335

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Utica

Lot Info

  • Parcel Number: 301600-330-024-0002-015-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2736

MLS Schools

  • School District Name: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 23, 2021
Sold by
Le Tung T
Bought by
Velazquez-Ramos Juan
Seller's Agent
James Benson
Coldwell Banker Sexton Real Estate
Buyer's Agent
Alen Zekic
Assist2Sell Buyers & Sellers 1st Choice
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$147,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,324
Avg. Annual Appreciation
9.90%
Original Mortgage
$98,188
Outstanding Balance
$89,013
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$62,218

Purchase Details

Listed on
May 28, 2014
Closed on
Nov 7, 2014
Sold by
Hercules Gregory
Bought by
Le Tung
Seller's Agent
Mvar Nonmember
MVAR NONMEMBER
Buyer's Agent
James Benson
Coldwell Banker Sexton Real Estate
List Price
$49,000
Sold Price
$44,000
Premium/Discount to List
-$5,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$32,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2008
Sold by
Sehic Zijad
Bought by
Hercules Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,050
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2001
Sold by
Hage James
Bought by
Zijad Sehic
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
Velazquez-Ramos Juan $100,000 None Available
Le Tung $44,000 Patricia Shaffer Bobrow
Hercules Gregory $41,340 Steven H Langer, Esq
Zijad Sehic $16,500 Hobika
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez-Ramos Juan $98,188
Previous Owner Le Tung $32,000
Previous Owner Hercules Gregory $33,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $100,000 +0.1% $36 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $99,900 +127.0% $36 / Sq Ft
10/10/2014 10/10/14 Sold $44,000 -10.2% $16 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $49,000 -- $18 / Sq Ft
Source: Mid New York Regional MLS

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 $2,928 $41,100 $4,400 $36,700
2023 $1,102 $41,100 $4,400 $36,700
2022 $1,667 $41,100 $4,400 $36,700
2021 $1,658 $41,100 $4,400 $36,700
2020 $1,626 $41,100 $4,400 $36,700
2019 $494 $41,100 $4,400 $36,700
2018 $494 $41,100 $4,400 $36,700
2017 $1,595 $41,100 $4,400 $36,700
2016 $2,459 $41,100 $4,400 $36,700
2015 -- $41,100 $4,400 $36,700
2014 -- $41,100 $4,400 $36,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1297395

Mid New York Regional MLS

APN: 330-024-0002-015-000-0000