NOT LISTED FOR SALE

171 Ridge St Glens Falls, NY 12801

Estimated Value: $263,431

-- Bed
4 Baths
4,615 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $189,900 $41 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,060/month

45 Days on Market

Highlights

  • Senior Community
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of November 2020

Great investment property, extremely well built, large brick 3 unit on a corner lot with a backyard and 2 car garage. Rents could be higher but some tenants have been there a long time. Don’t miss out the chance to own a lovely rental in the heart of glens falls. Roof kept up by seller, 2 apartments have been renovated, 2 water heaters and 2 furnaces have been updated (unknown dates). Very Good Condition

Last Agent to Sell the Property

Lisa Ostrander

Howard Hanna License #10301200119 Listed on: 07/10/2020

Howard Hanna

Last Buyer's Agent

Lisa Ostrander

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 46x200x39x200
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Rubber Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,615 Sq Ft Home
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Senior Community
  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity, gas, grounds care
  • Legal Lot and Block 16 / 16
  • Assessor Parcel Number 520500 303.13-16-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,373

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Single Residence
  • Year Built: 1950
  • Directions: Ridge road in between fulton and grand, located on the corner of ridge and auburn place
  • Above Grade Finished Sq Ft: 4615.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.19
  • Lot Size: 46x200x39x200
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: No Disclosures
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Separate Water Meters: 1
  • Water Sewer Expense Description: Actual
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 1
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Carpet, Hardwood, Laminate
  • Basement: Interior Entry
  • Living Area: 4615.0
  • Basement:Interior Entry: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Slate, Metal, Rubber
  • Construction Type: Brick, Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Glens Falls

Lot Info

  • Lot Features: Level, Corner Lot
  • Parcel #: 520500 303.13-16-16
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Cable TV, Electricity, Gas, Grounds Care

Tax Info

  • Tax Annual Amount: 5373.0
  • Tax Block: 16
  • Tax Lot: 16
  • Tax Tract: 303.13

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 10, 2020
Sold by
Kendall Robert V
Bought by
Bryan-Mulcahy John T
Seller's Agent
Lisa Ostrander
Howard Hanna
Buyer's Agent
Lisa Ostrander
Howard Hanna
List Price
$189,000
Sold Price
$189,900
Premium/Discount to List
$900
0.48%
Current Estimated Value
$263,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,531
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Springer Jack F
Bought by
Kendall Robert V

Purchase Details

Closed on
Jun 1, 2005
Sold by
Tallon Ruth E
Bought by
Springer Jack E
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
Bryan-Mulcahy John T $184,900 None Available
Kendall Robert V $184,000 --
Springer Jack E $149,900 Elan Cherney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ikendall V Robert $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $189,900 +0.5% $41 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $189,000 -- $41 / Sq Ft
Source: Global 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 $7,537 $265,400 $56,800 $208,600
2023 $7,238 $252,800 $56,800 $196,000
2022 $6,368 $252,800 $56,800 $196,000
2021 $5,402 $122,100 $29,400 $92,700
2020 $5,374 $122,100 $29,400 $92,700
2019 $2,893 $122,100 $29,400 $92,700
2018 $2,893 $122,100 $29,400 $92,700
2017 $2,858 $122,100 $29,400 $92,700
2016 $5,096 $122,100 $29,400 $92,700
2015 -- $122,100 $29,400 $92,700
2014 -- $122,100 $29,400 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202022280

Global MLS

APN: 520500-303-013-0016-016-000-0000