$460,000
SOLD AUG 29, 2022

13 Division St Fort Plain, NY 13339

-- Bed
-- Bath
9,822 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

31% Above List Price

185 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Storm Windows

About This Home

As of August 2022

Fort Plain / Montgomery County Multi-Unit. Three First Floor Business Rentals PLUS Five Apartments. Eight Total Units Provide Positive Cash Flow, New Roof w/ Drain Heaters Plus Many Other Updates. Twelve Car Parking Lot, Tenant Paid Utilities, Turn Key Investment. Close To Thruway, Shopping & Dining. Excellent Condition

Last Agent to Sell the Property

John Devendorf

TriStar Real Estate LLC License #10301218142 Listed on: 12/01/2021

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,542

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 130 x 45
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Storm Windows

Parking

  • 12 Parking Spaces
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity
  • The owner pays for trash collection, parking fee, snow removal
  • Legal Lot and Block 45 / 3
  • Assessor Parcel Number 273001 46.46-3-45
  • Seller Concessions Not Offered

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 8 Units

Building Details

  • Insurance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,542

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 1950
  • Directions: Rt 5S into downtown Ft Plain. Turn onto Division St from downtown, property on the right.
  • Above Grade Finished Sq Ft: 9822.0
  • Architectural Style: Apartment 4 Plus Unit, Other, See Remarks
  • Financial Details General Taxes: 2333.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3326.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 1883.0
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.13
  • Lot Size: 130 x 45
  • Non Member Non Member Name: David Matrulli
  • Parking Features Parking Total: 12.0
  • Possession Possession Legacy: At Closing
  • Sale Detail Buyer Zip Code: 13350
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions,Corporate Owned
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number of Separate Water Meters: 2
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 7620.0
  • Miscellaneous Expense Description: Actual
  • Income: 55800.0
  • Income Description: Actual
  • Number of Dishwashers: 1
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Flooring:Laminate: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: Full
  • Below Grade Sq Ft: 3274.0
  • Living Area: 9822.0
  • Window Features: Storm Window(s)
  • Owner Pays: Trash Collection, Parking Fee, Snow Removal
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 8 Owner Furnish Features:Snow Removal10: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 8 Owner Furnish Features:Sewer9: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 8 Owner Furnish Features:Water10: Yes
  • Unit 4 Owner Furnish Features:Owner Furnishes4: None
  • Unit 2 Owner Furnish Features:Owner Furnishes2: Heat
  • Unit 3 Owner Furnish Features:Owner Furnishes3: None

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 12.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:None11: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes
  • Unit 5 Owner Furnish Features:Parking6: Yes
  • Unit 6 Owner Furnish Features:Parking9: Yes
  • Unit 7 Owner Furnish Features:Parking7: Yes
  • Unit 8 Owner Furnish Features:Parking8: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Fort Plain

Lot Info

  • Lot Features: Level, Corner Lot
  • Parcel #: 273001 46.46-3-45
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 3000.0
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 7542.0
  • Tax Block: 3
  • Tax Lot: 45
  • Tax Tract: 46.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Aug 28, 2019
Sold by
Rebuild Enterprises Llc
Bought by
Garrow Group Llc
Seller's Agent
Donald Toscano
Coldwell Banker Arlene M. Sitt
Buyer's Agent
Daniel Garrow
Coldwell Banker Prime Properties
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%
Current Estimated Value
$291,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,535
Avg. Annual Appreciation
6.98%
Original Mortgage
$152,000
Outstanding Balance
$133,700
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$152,793

Purchase Details

Listed on
Feb 3, 2019
Closed on
Aug 20, 2019
Sold by
Rebuild Enterprises Llc
Bought by
Garrow Group Llc
Seller's Agent
Donald Toscano
Coldwell Banker Arlene M. Sitt
Buyer's Agent
Daniel Garrow
Coldwell Banker Prime Properties
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$133,700
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$152,793

Purchase Details

Closed on
Nov 2, 2011
Sold by
Hillabush Paul
Bought by
Rebuild Enterprises Llc

Purchase Details

Closed on
Feb 25, 1999
Sold by
Berry Harry E
Bought by
Hillabush Paul E and Hillabush Barbara A
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 Type Sale Price Title Company
Deed $190,000 --
Deed $190,000 --
Deed $100,000 John L Kirkpatrick
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Closed $152,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $460,000 +31.5% $47 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $349,900 0.0% $36 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $349,900 +84.2% $36 / Sq Ft
08/20/2019 08/20/19 Sold $190,000 -19.1% $19 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $235,000 -- $24 / Sq Ft
Source: Global 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 $5,880 $175,000 $8,000 $167,000
2023 $8,799 $175,000 $8,000 $167,000
2022 $7,803 $161,100 $7,100 $154,000
2021 $7,430 $161,100 $7,100 $154,000
2020 $11,215 $161,100 $7,100 $154,000
2019 $7,491 $161,100 $7,100 $154,000
2018 $7,491 $161,100 $7,100 $154,000
2017 $8,242 $161,100 $7,100 $154,000
2016 $8,184 $161,100 $7,100 $154,000
2015 -- $161,100 $7,100 $154,000
2014 -- $161,100 $7,100 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202122878

Global MLS

APN: 273001-046-046-0003-045-000-0000