NOT LISTED FOR SALE

16 Willow St Sidney, NY 13838

Estimated Value: $73,000 - $92,812

4 Beds
2 Baths
1,820 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $62,500 $34 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $499/month

132 Days on Market

Highlights

  • Forced Air Heating System
  • Rectangular Lot
  • Walk-Up Access
  • Baseboard Heating
  • Wood Siding
  • Vinyl Flooring

About This Home

As of March 2024

Investment opportunity with 13.5% Cap Rate and long term tenants. Each unit has two spacious bedrooms with walk-in closets. Both also have washer/dryer hook-ups. Tenants can enjoy the large backyard. Downstairs apartment has forced hot air, fueled by oil. Upstairs apartment is all electric. Or- live in one unit and rent the other to pay the mortgage! This is the X500 year flood zone and may not require flood insurance depending on the loan company.

Last Agent to Sell the Property

Joan Hale

Listing by Howard Hanna Brokerage Phone: 607-206-8717 License #10301202572 Listed on: 10/13/2023

Howard Hanna

Co-Listed By

Lorraine Keckeisen

Listing by Howard Hanna Brokerage Phone: 607-206-8717 License #10401366830

Last Buyer's Agent

David Cornwell

Listing by Coldwell Banker Timberland Properties License #40CO1023760

Coldwell Banker Timberland Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 67x120
  • Rectangular Lot

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 125001-115-012-0006-005-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,648
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1900
  • Attribution Contact: 607-206-8717
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ODUSA
  • Co List Office Phone: 607-563-1020
  • Directions: Liberty St to right on Pleasant St, then quick left onto Cross St. Turn right on Willow St. Home on the right.
  • Architectural Style: Duplex
  • Flooring: Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Exterior Entry, Partial, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Electric, Oil, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Sidney

Lot Info

  • Parcel Number: 125001-115-012-0006-005-000
  • Lot Dimensions: 67X120
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Annual Operating Expense: 9648.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 2459.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Feb 24, 2024
Sold by
Granfors Timothy S and Granfors Patricia
Bought by
Darpa Carlo and Bruno Nicole
Seller's Agent
Joan Hale
Howard Hanna
Buyer's Agent
David Cornwell
Coldwell Banker Timberland Properties
List Price
$70,000
Sold Price
$62,500
Premium/Discount to List
-$7,500
-10.71%
Views
121
Current Estimated Value
$79,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,453
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Haynes Frederic C
Bought by
Granfors Timothy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darpa Carlo $62,500 None Available
Darpa Carlo $62,500 None Available
Granfors Timothy $60,000 Carl Griffith
Granfors Timothy $60,000 Carl Griffith
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $62,500 -10.7% $34 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
10/13/2023 10/13/23 For Sale $70,000 -- $38 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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 $2,565 $45,700 $9,100 $36,600
2023 $2,545 $45,700 $9,100 $36,600
2022 $2,435 $45,700 $9,100 $36,600
2021 $2,364 $45,700 $9,100 $36,600
2020 $2,307 $45,700 $9,100 $36,600
2019 $2,188 $45,700 $9,100 $36,600
2018 $2,188 $45,700 $9,100 $36,600
2017 $3,142 $45,700 $9,100 $36,600
2016 $2,224 $45,700 $9,100 $36,600
2015 -- $45,700 $9,100 $36,600
2014 -- $45,700 $9,100 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1504208

Otsego-Delaware Board of REALTORS®

APN: 125001-115-012-0006-005-000