NOT LISTED FOR SALE

16 W Academy St Canisteo, NY 14823

Estimated Value: $93,000 - $132,000

4 Beds
2 Baths
1,880 Sq Ft
$59/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $70,000 $37 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $785/month

265 Days on Market

About This Home

As of January 2022

Four unit apartment complex. Front unit has 3 bedrooms and one bath. Back unit is an efficiency apartment with bath. Basement apartment with sunroom. and Garage is an apartment. Complex has just been inspected by Village and has certificate of occupancy. Rent includes all utilities. Laundry facilities in back hallway for all tenants use. All long term tenants wishing to stay. Being sold "as is"

Last Agent to Sell the Property

Robert Coddington

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10301217201 Listed on: 02/11/2021

Keller Williams Realty Southern Tier & Finger Lakes

Last Buyer's Agent

Robert Coddington

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10301217201 Listed on: 02/11/2021

Keller Williams Realty Southern Tier & Finger Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1880

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 173 x 71

Parking

  • Dirt Driveway

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities, cable TV, electric, garage, heat, hot water
  • Tax Lot 11
  • Assessor Parcel Number 463201-197-014-0001-011-000

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,595

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Canisteo-Village-463201
  • Total Assessed Value: 63600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 173
  • Lot Dimension Front: 71
  • Lot Information: Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: Russell
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 247175.14
  • Ratio Close Price By Sq Ft: 37.23
  • Ratio List Price By Acres: 326624.29
  • Ratio List Price By Sq Ft: 49.20
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities, Cable TV, Electric, Garage, Heat, Hot Water
  • School Tax: 1146
  • Sub Board Code: Rochester
  • Type of Residence: 4 Unit
  • Type of Sale: Estate
  • Village: Canisteo-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 12336
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1880
  • Directions To Property: Go down Greenwood St to the High School and turn right onto W. Academy St and past Russell St. property will be on the right.
  • Sq Ft Total Pub: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1880

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.2832

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Dirt

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Canisteo-Greenwood

Lot Info

  • Parcel Number: 463201-197-014-0001-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 2595

MLS Schools

  • School District Name: Canisteo-Greenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Jan 14, 2022
Sold by
Thomas Rita J Est
Bought by
Shinebarger Dale
Seller's Agent
Robert Coddington
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Robert Coddington
Keller Williams Realty Southern Tier & Finger Lakes
List Price
$139,900
Sold Price
$70,000
Premium/Discount to List
-$69,900
-49.96%
Current Estimated Value
$110,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,340
Avg. Annual Appreciation
8.64%
Original Mortgage
$60,000
Outstanding Balance
$55,523
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,355
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
Shinebarger Dale $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinebarger Dale $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $70,000 -24.3% $37 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $92,500 -6.5% $49 / Sq Ft
07/19/2021 07/19/21 Price Changed $98,900 -1.0% $53 / Sq Ft
03/30/2021 03/30/21 Price Changed $99,900 -28.6% $53 / Sq Ft
02/11/2021 02/11/21 For Sale $139,900 -- $74 / 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 $2,366 $70,000 $10,500 $59,500
2023 $2,366 $70,000 $10,500 $59,500
2022 $2,445 $70,000 $10,500 $59,500
2021 $2,559 $63,600 $6,400 $57,200
2020 $2,568 $63,600 $6,400 $57,200
2019 $2,386 $63,600 $6,400 $57,200
2018 $2,386 $63,600 $6,400 $57,200
2017 $2,335 $63,600 $6,400 $57,200
2016 $2,240 $60,600 $4,400 $56,200
2015 -- $60,600 $4,400 $56,200
2014 -- $60,600 $4,400 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1319002

Upstate New York Real Estate Information Services (UNYREIS)

APN: 463201-197-014-0001-011-000