NOT LISTED FOR SALE

188 Fall St Seneca Falls, NY 13148

Estimated Value: $150,000 - $190,287

4 Beds
2 Baths
2,080 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $95,000 $46 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,217/month

74 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • 5-minute walk to Women's Rights National Historical Park
  • Wood Flooring

About This Home

As of September 2021

Calling Investors and Owner Occupants! This is the investment property you have been waiting for! 2 beautiful apartments, fully rented with long term tenants. 3 bed, 1.5 bath and a 1 bed 1 bath. $900 a month and $700 a month. Landlord only pays water. Over 2000 square feet. Excellent parking for all tenants with a 2 car garage! Back portion of the roof is newer, with the rest being roughly 15 years old, 30 year shingles. Don't miss this.

Last Agent to Sell the Property

Colin Dombek

Listing by RE/MAX Plus License #10301219760 Listed on: 04/27/2021

Last Buyer's Agent

Shelly Bachman

Listing by Lake To Lake Real Estate License #40BA0998538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1854

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 55

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1.7-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 57
  • Assessor Parcel Number 453289-014-000-0003-057-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • Operating Expense $520
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,127

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Annual Operating Expenses: 520
  • NY Swis Code: Seneca Falls-453289
  • Total Assessed Value: 69700
  • Foundation Description: Stone
  • Gross Annual Income: 19200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 55
  • Lot Information: Primary Road
  • Lot Number: 57
  • Nearest Cross Street: S Walnut
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 633333.33
  • Ratio Close Price By Sq Ft: 45.67
  • Ratio List Price By Acres: 666000.00
  • Ratio List Price By Sq Ft: 48.03
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1882
  • Sub Board Code: Rochester
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6534
  • Age of Building: 168
  • Year Built: 1854
  • Above Grade Finished Sq Ft: 2080
  • Directions To Property: On Fall Street - Between Rumsey and Walnut
  • Sq Ft Total Pub: 2080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1854

Interior Features

  • Basement Description: Full
  • Floor Description: Tile-Some, Vinyl-Some, Wood-Some
  • Total Sq Ft: 2080

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Air Conditioning
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 453289-014-000-0003-057-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3127

MLS Schools

  • School District Name: Seneca Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Sep 20, 2021
Sold by
Clark Michael P
Bought by
Aguilera Josue
Seller's Agent
Colin Dombek
RE/MAX Plus
Buyer's Agent
Shelly Bachman
Lake To Lake Real Estate
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Current Estimated Value
$161,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,822
Avg. Annual Appreciation
13.28%
Original Mortgage
$71,250
Outstanding Balance
$64,832
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,990

Purchase Details

Listed on
Mar 29, 2018
Closed on
Aug 31, 2018
Sold by
Fletcher Collin James and Fletcher Dec
Bought by
Clark Michael P
Seller's Agent
Betty Berger
Coldwell Banker Finger Lakes
Buyer's Agent
Christine Hann-Laros
Q & H Referral
List Price
$82,900
Sold Price
$77,250
Premium/Discount to List
-$5,650
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Farnsworth Sandra L
Bought by
Fletcher Collin
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
Aguilera Josue $95,000 None Available
Clark Michael P $77,250 --
Fletcher Collin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilera Josue $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $95,000 -4.9% $46 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $99,900 -13.1% $48 / Sq Ft
05/27/2021 05/27/21 Price Changed $114,900 -4.2% $55 / Sq Ft
04/27/2021 04/27/21 For Sale $119,900 +55.2% $58 / Sq Ft
08/31/2018 08/31/18 Sold $77,250 -3.3% $37 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Price Changed $79,900 -3.6% $38 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $82,900 -- $40 / 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 $4,432 $150,000 $17,600 $132,400
2023 $4,445 $150,000 $17,600 $132,400
2022 $3,792 $92,700 $14,000 $78,700
2021 $3,133 $69,700 $14,000 $55,700
2020 $3,126 $69,700 $14,000 $55,700
2019 $1,245 $69,700 $14,000 $55,700
2018 $3,034 $69,700 $14,000 $55,700
2017 $2,316 $69,700 $14,000 $55,700
2016 $2,575 $69,700 $14,000 $55,700
2015 -- $67,000 $12,300 $54,700
2014 -- $67,000 $12,300 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1332288

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453289-014-000-0003-057-000-0000