NOT LISTED FOR SALE

Estimated Value: $206,892

-- Bed
-- Bath
4,700 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 03, 2021

Last sale price $139,000 $30 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,467/month

14 Days on Market

Highlights

  • Deck
  • Balcony
  • Property is near a bus stop
  • Wood Flooring
  • Thermal Windows
  • Rectangular Lot

About This Home

As of April 2021

4 Unit property, all units currently rented, large corner lot with plenty of parking, Income producing right from the start

Last Agent to Sell the Property

Sabrina Arcuri

Listing by Pavia Real Estate Residential License #10301222037 Listed on: 11/23/2020

Last Buyer's Agent

James Carnrike

Listing by Miner Realty & Prop Management License #10401335619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 130 x 60
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,700 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Schools

  • Kernan Elementary School
  • Senator James H Donovan Middle School
  • Thomas R Proctor High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, lawn maintenance, refuse removal, snow removal, water
  • Assessor Parcel Number 318.54-3-7
  • $41 special tax assessment

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $4,223
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4223
  • Annual Special Assessment: 41
  • NY Swis Code: Utica-City-301600
  • Total Assessed Value: 59000
  • Foundation Description: Block
  • Gross Annual Income: 35400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: Maple St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 29.57
  • Ratio List Price By Sq Ft: 34.02
  • Regional Board Code: Syracuse
  • Rent Includes: Heat, Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1567
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 62
  • Year Built: 1960
  • Directions To Property: Oswego St to Maple To Lenox
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 4700

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, Deck, Thermal Windows - Some

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Concrete, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 4
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 318.54-3-7

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3922

MLS Schools

  • Elementary School Name: Kernan Elementary
  • High School Name: Thomas R Proctor High
  • Middle School Name: Senator James H Donovan Middle
  • School District Name: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 24, 2021
Sold by
Bonanza Michael J
Bought by
Ali-Khan Muhammad W
Seller's Agent
Sabrina Arcuri
Pavia Real Estate Residential
Buyer's Agent
James Carnrike
Miner Realty & Prop Management
List Price
$159,900
Sold Price
$139,000
Premium/Discount to List
-$20,900
-13.07%
Current Estimated Value
$206,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,892
Avg. Annual Appreciation
9.09%
Original Mortgage
$69,500
Outstanding Balance
$62,333
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$144,559

Purchase Details

Closed on
Dec 3, 2009
Sold by
Bonanza Michael J Tina Lo Galbo
Bought by
Bonanza Michael J

Purchase Details

Closed on
Mar 29, 1996
Sold by
Moore Walter
Bought by
Bonanza Michael J and Bonanza Logalbo Tina
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
Ali-Khan Muhammad W $139,000 None Available
Bonanza Michael J -- --
Bonanza Michael J $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali-Khan Muhammad W $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2021 04/03/21 Sold $139,000 -13.1% $30 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $159,900 -- $34 / 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 $4,551 $59,000 $14,000 $45,000
2023 $1,583 $59,000 $14,000 $45,000
2022 $2,393 $59,000 $14,000 $45,000
2021 $2,380 $59,000 $14,000 $45,000
2020 $2,334 $59,000 $14,000 $45,000
2019 $709 $59,000 $14,000 $45,000
2018 $2,342 $59,000 $14,000 $45,000
2017 $2,290 $59,000 $14,000 $45,000
2016 $3,135 $59,000 $14,000 $45,000
2015 -- $59,000 $14,000 $45,000
2014 -- $59,000 $14,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1308515

Mid New York Regional MLS

APN: 318-054-0003-007-000-0000