NOT LISTED FOR SALE

190 Otsego St Ilion, NY 13357

Estimated Value: $56,000 - $92,000

6 Beds
2 Baths
2,708 Sq Ft
$26/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $60,000 $22 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $454/month

22 Days on Market

Highlights

  • Forced Air Cooling System
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of September 2023

Welcome investors.. Here is a 2 unit duplex building freshly painted. The property is ready for you to pick your own tenants. One unit is a 2 bedroom and the other is a 3 bedroom. One unit heats with electric baseboard and other heats with natural gas. Tenants can enjoy Ilion very affordable municipal electric service. Centrally located within walk distance to shopping. There is only 1 car off street parking. Motivated sellers add to your portfolio or just get started with this afforable duplex. Why wait!

Last Agent to Sell the Property

Delbert Ball

Listing by Keller-Williams Mohawk Valley License #10401246417 Listed on: 05/15/2023

Keller-Williams Mohawk Valley

Last Buyer's Agent

Retta Xayasane

Listing by Buy Sell Rent Realty License #10401349447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1900

Lot Details

  • 2,352

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,708 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Lot Dimensions are 56 x 42
  • Flood Zone Lot

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 119.52-3-19

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,248

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Ilion Village-German Flatts-212801
  • Total Assessed Value: 36500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 56
  • Lot Dimension Front: 42
  • Lot Information: Flood Zone, Primary Road
  • Nearest Cross Street: West St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 22.16
  • Ratio List Price By Sq Ft: 25.81
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 855
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Village: Ilion-Village
  • Year Built Description: Existing
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Located just behind the Flatiron Pizza, frontage on both West St and Otsego street
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2708

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space

Utilities

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

Schools

  • School District: Central Valley

Lot Info

  • Parcel Number: 119.52-3-19

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2248

MLS Schools

  • School District Name: Central Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Sep 6, 2023
Sold by
Weakley Jeffery and Weakley Jayne
Bought by
Johnson-Hicks Aaron
Seller's Agent
Delbert Ball
Keller-Williams Mohawk Valley
Buyer's Agent
Retta Xayasane
Buy Sell Rent Realty
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Views
174
Current Estimated Value
$70,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,721
Avg. Annual Appreciation
8.66%
Original Mortgage
$48,000
Outstanding Balance
$47,046
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$23,675

Purchase Details

Closed on
May 10, 2007
Sold by
Mccann Mciahel and Mccann Katherine
Bought by
Weakley Jeffery and Weakley Jayne
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
Johnson-Hicks Aaron $60,000 None Available
Weakley Jeffery $62,000 Christopher Bray
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson-Hicks Aaron $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $60,000 -14.2% $22 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $69,900 -- $26 / Sq Ft
Source: Mid New York Regional 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 $2,400 $36,500 $5,000 $31,500
2023 $2,412 $36,500 $5,000 $31,500
2022 $2,340 $36,500 $5,000 $31,500
2021 $2,330 $36,500 $5,000 $31,500
2020 $4,358 $36,500 $5,000 $31,500
2019 $991 $36,500 $5,000 $31,500
2018 $4,333 $36,500 $5,000 $31,500
2017 $4,347 $36,500 $5,000 $31,500
2016 $3,467 $36,500 $5,000 $31,500
2015 -- $36,500 $5,000 $31,500
2014 -- $36,500 $5,000 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1471483

Mid New York Regional MLS

APN: 212801-119-052-0003-019-000-0000