NOT LISTED FOR SALE

134 2nd Ave Herkimer, NY 13350

Estimated Value: $127,000 - $167,000

8 Beds
3 Baths
3,681 Sq Ft
$40/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $125,000 $34 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $913/month

73 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • 2 Car Garage
  • Wood Flooring

About This Home

As of May 2024

Introducing a fantastic multi-unit investment opportunity conveniently located in the heart of the Village of Herkimer, within a 10-minute drive of Herkimer County Community College. The property is 2 units, 8 total bedrooms, 3 bathrooms and 3 kitchens. This property has been well maintained to ensure that it remains an attractive and comfortable choice for students. The surrounding area offers an array of local amenities, including restaurants, shopping, and public transportation, making it an appealing option for student housing. With a strong demand for off-campus housing in Herkimer and its strategic location, this property presents an excellent investment opportunity.

Last Agent to Sell the Property

Elijah Brown

Listing by Miner Realty & Prop Management License #10301221266 Listed on: 10/16/2023

Last Buyer's Agent

Delbert Ball

Listing by Keller-Williams Mohawk Valley License #10401246417

Keller-Williams Mohawk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,062

Year Built

  • Built in 1900

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 95x105

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Siding

Interior Spaces

  • 3,681 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes all utilities, water
  • Tax Lot 73
  • Assessor Parcel Number 213001-120-032-0001-073-100-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,062

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities, Water
  • Year Built: 1900
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Mohawk to 2nd
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Pull Down Attic Stairs
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.229
  • Waterfront: No
  • Construction Type: Composite Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Herkimer

Lot Info

  • Parcel Number: 213001-120-032-0001-073-100-0000
  • Lot Dimensions: 95X105
  • Lot Size Sq Ft: 9975.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5062.0
  • Tax Lot: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Apr 5, 2024
Sold by
Dass Danish
Bought by
Oldfield Randall A and Oldfield Sandra J
Seller's Agent
Elijah Brown
Miner Realty & Prop Management
Buyer's Agent
Delbert Ball
Keller-Williams Mohawk Valley
List Price
$185,000
Sold Price
$125,000
Premium/Discount to List
-$60,000
-32.43%
Views
82
Current Estimated Value
$146,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,588
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 21, 2022
Sold by
Catello Steven
Bought by
Dass Danish
Seller's Agent
Barbara Owens
Hunt Real Estate Era Cl
Buyer's Agent
Charles Kelsey
Dropped Members
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.40%
Original Mortgage
$52,173
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2020
Sold by
Zhao Xiaotong
Bought by
Catello Steven

Purchase Details

Closed on
Oct 29, 2011
Sold by
Mondo Trust Andrew
Bought by
Zhao Xiaotong

Purchase Details

Closed on
Apr 23, 2011
Sold by
Mondo Jennie
Bought by
Mondo Trust Andrew
Source: Public Records
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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
Oldfield Randall A $125,000 None Available
Oldfield Randall A $125,000 None Available
Oldfield Randall A $125,000 None Available
Dass Danish $195,000 None Available
Dass Danish $195,000 None Available
Catello Steven $75,000 None Available
Catello Steven $75,000 None Available
Catello Steven $75,000 None Available
Zhao Xiaotong $83,000 --
Zhao Xiaotong $83,000 --
Mondo Trust Andrew -- --
Mondo Trust Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dass Danish $52,173
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $125,000 -32.4% $34 / Sq Ft
01/17/2024 01/17/24 Price Changed $185,000 0.0% $50 / Sq Ft
01/17/2024 01/17/24 For Sale $185,000 -7.5% $50 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/21/2023 12/21/23 Price Changed $200,000 -9.1% $54 / Sq Ft
11/22/2023 11/22/23 Price Changed $219,999 -8.3% $60 / Sq Ft
11/13/2023 11/13/23 Price Changed $239,900 -4.0% $65 / Sq Ft
10/16/2023 10/16/23 For Sale $249,900 +28.2% $68 / Sq Ft
10/20/2022 10/20/22 Sold $195,000 -2.5% $53 / Sq Ft View Prior Sale
08/01/2022 08/01/22 For Sale $200,000 -- $54 / Sq Ft
Source: Central New York Information Services

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 $5,418 $82,600 $13,900 $68,700
2023 $5,063 $82,600 $13,900 $68,700
2022 $5,020 $82,600 $13,900 $68,700
2021 $5,001 $82,600 $13,900 $68,700
2020 $10,487 $82,600 $13,900 $68,700
2019 $5,119 $82,600 $13,900 $68,700
2018 $11,155 $82,600 $13,900 $68,700
2017 $5,273 $82,600 $13,900 $68,700
2016 $7,865 $82,600 $13,900 $68,700
2015 -- $82,600 $13,900 $68,700
2014 -- $82,600 $13,900 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1504412

Central New York Information Services

APN: 213001-120-032-0001-073-100-0000