$87,000
SOLD FEB 7, 2025

15 Adelaide St Norwich, NY 13815

3 Beds
2 Baths
1,604 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

11% Below List Price

24 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Hot Water Heating System
  • Corner Lot

About This Home

As of February 2025

Take advantage of this conveniently located 2 Unit property within walking distance of downtown Norwich! Live in one and rent the other or use completely as an investment opportunity! The 1st floor apartment features a living room, eat-in kitchen, 2 bedrooms, and 1 bath, offering ample space and comfort! The 2nd floor apartment, which is currently undergoing renovations, with exciting updates coming soon, includes a living room, eat-in kitchen, 1-2 bedrooms, and 1 full bath. Updates will include fresh paint; the seller will fix the front door! Also, more renovations, including an updated water heater and furnace, will be repaired for the 2nd floor. Separate gas and electric utilities. Don’t miss your chance to explore this versatile space—schedule your showing today!

Last Agent to Sell the Property

Khai Vuong

Listing by Assist2Sell Buyers & Sellers 1st Choice License #10401387938 Listed on: 10/01/2024

Last Buyer's Agent

Brenon Maynard

Listing by Howard Hanna License #10401363237

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x70
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 4
  • Assessor Parcel Number 081100-136-500-0001-004-000-0000

Community Details

Overview

  • 2 Units
  • Norwich Subdivision

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $14,400
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1905
  • Lot Features: Corner Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Norwich
  • Directions: Take East Main St to Adelaide St
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Features: Pull Down Attic Stairs
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Stove, Forced Air, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Utilities: Sewer Available, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Norwich

Lot Info

  • Parcel Number: 081100-136-500-0001-004-000-0000
  • Lot Dimensions: 66X70
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 14400.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2244.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Jan 14, 2025
Sold by
Mullins Adelia M
Bought by
Rifanburg Rentals 02 Llc
Seller's Agent
Khai Vuong
Assist2Sell Buyers & Sellers 1st Choice
Buyer's Agent
Brenon Maynard
Howard Hanna
List Price
$98,000
Sold Price
$87,000
Premium/Discount to List
-$11,000
-11.22%
Views
16
Current Estimated Value
$92,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,806
Avg. Annual Appreciation
33.36%

Purchase Details

Listed on
Oct 27, 2015
Closed on
Dec 28, 2015
Sold by
Golden James
Bought by
Mullins Adelia
Seller's Agent
Kevin Walsh
Keller Williams Upstate NY Properties
Buyer's Agent
Patrick McNeil
Keller Williams Upstate NY Properties
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$30,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1995
Sold by
Myers Harry R and Myers Margaret I
Bought by
Golden James M and Golden Carol M
Source: Public Records

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Range of Values:

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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
Warranty Deed $87,000 None Available
Deed $44,000 Lochman & Gorto
Deed $44,000 Lochman & Gorto
Deed $18,000 --
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $87,000 -11.2% $54 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $98,000 +122.7% $61 / Sq Ft
12/31/2015 12/31/15 Sold $44,000 -11.8% $27 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $49,900 -- $31 / 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 $2,243 $28,500 $9,500 $19,000
2023 $2,210 $28,500 $9,500 $19,000
2022 $2,189 $28,500 $9,500 $19,000
2021 $2,223 $28,500 $9,500 $19,000
2020 $2,165 $28,500 $9,500 $19,000
2019 $2,438 $28,500 $9,500 $19,000
2018 $2,438 $28,500 $9,500 $19,000
2017 $904 $28,500 $9,500 $19,000
2016 $906 $28,500 $9,500 $19,000
2015 -- $25,300 $4,500 $20,800
2014 -- $25,300 $4,500 $20,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1569277

Mid New York Regional MLS

APN: 081100-136-500-0001-004-000-0000