Seller's Agent in 2021
Scott Warden
Howard Hanna
(518) 598-9387
29 in this area
113 Total Sales
13 Division St Glens Falls, NY 12801
Estimated Value: $279,000 - $317,000
5
Beds
3
Baths
2,764
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Senior Community
- No HOA
- Hot Water Heating System
- Wood Flooring
- Porch
- Wood Siding
About This Home
As of June 2021Investment or owner occupied opportunity, only a few blocks from downtown Glens Falls! Large 3 unit home with great rental income. The spacious apartments are all well-maintained and the home has many great features, including a wraparound front porch. The property offers a large backyard and two driveways for plenty of off-street parking. With the limited supply of rentals and the ever-growing demand for the Glens Falls area, this is the perfect time to own an income generating property. Current capitalization rate of 8.5% at the present market value, with potential of close to 10%. Don't let this property pass you by! Good Condition
Last Agent to Sell the Property
Howard Hanna License #10401305853 Listed on: 03/31/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,723
Year Built
- Built in 1850
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 68 x 131
Home Design
- Triplex
- Slate Roof
- Wood Siding
- Asphalt
Interior Spaces
- 2,764 Sq Ft Home
- Interior and Exterior Basement Entry
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 6 Parking Spaces
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Big Cross Street Elementary School
- Glens Falls High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for trash collection, electricity
- The owner pays for trash collection, electricity
- Legal Lot and Block 3 / 3
- Assessor Parcel Number 520500 309.27-3-3
Community Details
Overview
- Senior Community
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $1,787
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2021
Closed on
Jun 7, 2021
Sold by
Varga Romulus I
Bought by
Bruno Kody
Seller's Agent
Scott Warden
Howard Hanna
Buyer's Agent
Dayle Beshara
Howard Hanna
List Price
$214,900
Sold Price
$220,000
Premium/Discount to List
$5,100
2.37%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,840
Avg. Annual Appreciation
6.56%
Original Mortgage
$212,657
Outstanding Balance
$193,371
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$95,234
Purchase Details
Closed on
Jan 5, 2010
Sold by
Varga Romulus
Bought by
Varga Romulus
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bruno Kody | $220,000 | None Available | |
| Varga Romulus | -- | Timothy M. Dougherty |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bruno Kody | $212,657 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2021 06/07/21 | Sold | $220,000 | +2.4% | $80 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $214,900 | -- | $78 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $6,955 | $244,900 | $30,300 | $214,600 |
| 2023 | $6,373 | $222,600 | $30,300 | $192,300 |
| 2022 | $5,595 | $222,600 | $30,300 | $192,300 |
| 2021 | $4,729 | $106,900 | $14,700 | $92,200 |
| 2020 | $4,705 | $106,900 | $14,700 | $92,200 |
| 2019 | $2,533 | $106,900 | $14,700 | $92,200 |
| 2018 | $2,533 | $106,900 | $14,700 | $92,200 |
| 2017 | $2,502 | $106,900 | $14,700 | $92,200 |
| 2016 | $4,461 | $106,900 | $14,700 | $92,200 |
| 2015 | -- | $106,900 | $14,700 | $92,200 |
| 2014 | -- | $106,900 | $14,700 | $92,200 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Warden
-
Julie Snyder
Seller Co-Listing Agent in 2021
Julie Snyder
Howard Hanna
(518) 260-6732
60 in this area
251 Total Sales
-
Dayle Beshara
Buyer's Agent in 2021
Dayle Beshara
Howard Hanna
(518) 796-3955
9 in this area
57 Total Sales
Map
Source: Global MLS
MLS Number: 202114901
APN: 520500-309-027-0003-003-000-0000
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