NOT LISTED FOR SALE

16 Ransom St Hornell, NY 14843

Estimated Value: $103,000 - $138,014

4 Beds
3 Baths
2,442 Sq Ft
$47/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $42,000 $17 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $832/month

25 Days on Market

Highlights

  • Forced Air Cooling System
  • High Speed Internet
  • Wall to Wall Carpet
  • Heating System Uses Steam

About This Home

As of July 2018

If you are looking for an investment property, have a look at this spacious three unit! Situated on a one way street and only a short walk to downtown Hornell merchants and Shawmut Park make this property an ideal location. Two of the three units are rented. Separate utilities for each unit, newer hot water tanks, washer and dryer hook ups available for upper and lower units in shared basement. The two tenant occupied units rental income is $500 each. The back studio apartment is not rented at this time.

Last Agent to Sell the Property

Lisbeth VanDyke

Listing by Hunt Real Estate ERA License #10401293678 Listed on: 03/05/2018

Hunt Real Estate ERA

Last Buyer's Agent

Daniel McManus/Retired

Listing by Real Inc. License #40MC0900369

Real Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,024

Year Built

  • Built in 1875

Lot Details

  • 5,705 Sq Ft Lot
  • Lot Dimensions are 140 x 40

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Stone Driveway
  • Shared Driveway
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 41
  • Assessor Parcel Number 460600-151-063-0001-041-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,024

Year Built

Built in 1875

Lot Details

0

Listing Details

  • NY Swis Code: Hornell-City-460600
  • Total Assessed Value: 53500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 41
  • Nearest Cross Street: Thacher Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 320610.69
  • Ratio Close Price By Sq Ft: 17.20
  • Ratio List Price By Acres: 419083.97
  • Ratio List Price By Sq Ft: 22.48
  • Regional Board Code: Rochester
  • Rent Includes: Refuse Removal, Water
  • School Tax: 922
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5705
  • Age of Building: 147
  • Year Built: 1875
  • Directions To Property: From Main Street turn onto Thacher Street then take a right turn onto Ransom Street. Property will be on the left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 2442

Exterior Features

  • Construction: Brick, Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1310

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Dirt, Shared, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Hot Water, Steam, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Hornell

Lot Info

  • Parcel Number: 460600-151-063-0001-041-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2024

MLS Schools

  • School District Name: Hornell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2018
Sold by
Ellis Jean J
Bought by
Oyer Edward
Current Estimated Value
$115,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Oyer Edward $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyer Edward J $112,000
Previous Owner Oyer Edward $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $42,000 -23.5% $17 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $54,900 -- $22 / 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 $2,408 $64,500 $11,600 $52,900
2023 $1,541 $64,500 $11,600 $52,900
2022 $1,581 $64,500 $11,600 $52,900
2021 $1,578 $64,500 $11,600 $52,900
2020 $1,550 $64,500 $11,600 $52,900
2019 $956 $53,500 $10,700 $42,800
2018 $2,060 $53,500 $10,700 $42,800
2017 $1,409 $53,500 $10,700 $42,800
2016 $1,478 $53,500 $10,700 $42,800
2015 -- $53,500 $10,700 $42,800
2014 -- $53,500 $10,700 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1101207

Upstate New York Real Estate Information Services (UNYREIS)

APN: 460600-151-063-0001-041-000