$55,000
SOLD MAY 31, 2023

159 Canal St Lyons, NY 14489

-- Bed
-- Bath
2,826 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

39 Days on Market

About This Home

As of May 2023

Duplex rental offered as an individual property, or can be purchased as a package with up to 8 other properties. Owner is retiring and selling off several properties. Here is your chance to make an investment in real estate and enjoy the long term rewards of income. This home could be purchased and used as an owner occupied home with a tenant paying most, or all of your mortgage. Don't wait for this opportunity to pass you by. Owner may consider private financing with terms.

Last Agent to Sell the Property

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 02/13/2023

Last Buyer's Agent

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 02/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1870

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 97 x 79

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 285
  • Assessor Parcel Number 542800-071-111-0010-285-740-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1870

Lot Details

0

Listing Details

  • NY Swis Code: Lyons-542889
  • Total Assessed Value: 59800
  • Gross Annual Income: 17400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 97
  • Lot Dimension Front: 79
  • Lot Information: Neighborhood Street
  • Lot Number: 285
  • Nearest Cross Street: Spencer Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 343750.00
  • Ratio Close Price By Sq Ft: 19.46
  • Ratio List Price By Acres: 343750.00
  • Ratio List Price By Sq Ft: 19.46
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 1455
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6970
  • Age of Building: 153
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 2826
  • Directions To Property: Take Rt 14 (Geneva Street) to Canal Street. Turn east on Canal Street
  • Sq Ft Total Pub: 2826
  • Attribution Contact: 315-923-7653
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2826

Exterior Features

  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1600

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lyons

Lot Info

  • Parcel Number: 542800-071-111-0010-285-740-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2556

MLS Schools

  • School District Name: Lyons

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 31, 2023
Sold by
Messerschmidt Alfred and Messerschmidt Katarzyna
Bought by
High Vly Prop Llc
Seller's Agent
John Flock
Towpath Homes
Buyer's Agent
John Flock
Towpath Homes
List Price
$55,000
Sold Price
$55,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.72%
Original Mortgage
$3,775
Outstanding Balance
$3,694
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,706

Purchase Details

Closed on
Jan 11, 2023
Sold by
Johnson Rita and Messerchmidt Alfred
Bought by
Messerchmidt Katarzyna

Purchase Details

Closed on
Apr 12, 2022
Sold by
Messerschmidt Katarzyna
Bought by
Johnson Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,079
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Est Young Mary B
Bought by
Messerschmidt Katauzyna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $397,500 None Available
Deed $424,917 None Available
Warranty Deed $50,000 None Available
Deed $20,000 Michael J Ringrose
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,775 Purchase Money Mortgage
Previous Owner $4,079 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $119,999 +118.2% $42 / Sq Ft
05/31/2023 05/31/23 Sold $55,000 0.0% $19 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $55,000 -- $19 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $2,924 $58,700 $1,900 $56,800
2023 $2,924 $58,700 $1,900 $56,800
2022 $2,499 $59,800 $3,000 $56,800
2021 $2,485 $59,800 $3,000 $56,800
2020 $2,321 $59,800 $3,000 $56,800
2019 $2,288 $59,800 $3,000 $56,800
2018 $2,306 $59,800 $3,000 $56,800
2017 $3,556 $59,800 $3,000 $56,800
2016 $2,267 $59,800 $3,000 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1454772

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542800-071-111-0010-285-740-0000