NOT LISTED FOR SALE

197 N Main St Salem, NY 12865

Estimated Value: $134,495

-- Bed
4 Baths
8,436 Sq Ft
$16/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $102,500 $12 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,019/month

149 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • No HOA
  • Senior Community
  • Full Attic
  • 2 Car Detached Garage

About This Home

As of January 2021

Whether you are seeking property for investment, rental income, commercial/office/retail space, or a live / work opportunity, this property has it all. Mixed use: 2 apartments, 2 commercial/office/retail spaces, large barn / garage, plenty of parking: on street and in parking lot. Solid, brick building with walk up 3rd floor level, unfinished with power and water access. All this in the charming town of Salem, in gorgeous Washington County, just minutes to Vermont. Very Good Condition

Last Agent to Sell the Property

Melissa Devine

Devine Properties License #10371201159 Listed on: 06/19/2020

Last Buyer's Agent

Chris Preble

Preble Realty LLC License #10491200879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1800

Lot Details

  • Lot Dimensions are 93x261
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Asphalt

Interior Spaces

  • 8,436 Sq Ft Home
  • Full Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity
  • Legal Lot and Block 9 / 2
  • Assessor Parcel Number 534800 208.12-2-9

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 1800
  • Directions: On Main St. (Rt. 22, West side) just north of traffic light. #197, see sign
  • Above Grade Finished Sq Ft: 8436.0
  • Architectural Style: Other, See Remarks
  • Financial Details Full Market Assessment: 130667
  • Financial Details General Taxes: 1806.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2088.0
  • School Taxes Description: Estimated
  • Lot Size: 93x261
  • Parking Features Parking Total: 8.0
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 4
  • Insurance Expense Description: Actual
  • Income: 27000.0
  • 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:Wood: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Laminate
  • Basement: Unfinished
  • Living Area: 8436.0
  • Attic Features:Walk-Up: Yes
  • Attic Features:Floored: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes

Exterior Features

  • Roof: Slate, Asphalt
  • Construction Type: Brick
  • Other Structures: Barn(s)
  • Waterfront: No
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Stone, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:Detached: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Propane
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Salem

Lot Info

  • Lot Features: Level
  • Parcel #: 534800 208.12-2-9

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 1100.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3894.0
  • Tax Block: 2
  • Tax Lot: 9
  • Tax Tract: 208.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Feb 4, 2021
Sold by
Anolfo Louis and Canalini Mario
Bought by
Yzobella Llc
Seller's Agent
Melissa Devine
Devine Properties
Buyer's Agent
Chris Preble
Preble Realty LLC
List Price
$129,000
Sold Price
$102,500
Premium/Discount to List
-$26,500
-20.54%
Current Estimated Value
$134,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,995
Avg. Annual Appreciation
5.73%

Purchase Details

Listed on
Mar 26, 2016
Closed on
Mar 7, 2016
Sold by
White John
Bought by
Anolfo Louis and Canalini
Seller's Agent
Bridget Rowan
Devine Properties
Buyer's Agent
Bridget Rowan
Devine Properties
Sold Price
$850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
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
Yzobella Llc $96,500 None Available
Anolfo Louis $90,000 James P. Curran
Anolfo Louis $90,000 James P. Curran
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $102,500 -13.9% $12 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $119,000 -4.7% $14 / Sq Ft
07/15/2020 07/15/20 Price Changed $124,900 -3.2% $15 / Sq Ft
06/19/2020 06/19/20 For Sale $129,000 0.0% $15 / Sq Ft
05/05/2016 05/05/16 Rented $850 0.0% --
03/23/2016 03/23/16 For Rent $850 0.0% --
02/12/2016 02/12/16 Sold $90,000 -9.1% $11 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $99,000 -- $12 / 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 $3,437 $122,000 $24,000 $98,000
2023 $2,767 $97,000 $24,000 $73,000
2022 $2,778 $97,000 $24,000 $73,000
2021 $3,033 $55,290 $5,300 $49,990
2020 $3,913 $74,480 $5,300 $69,180
2019 $3,876 $74,480 $5,300 $69,180
2018 $3,876 $74,480 $5,300 $69,180
2017 $3,778 $74,480 $5,300 $69,180
2016 $3,804 $74,480 $5,300 $69,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202020471

Global MLS

APN: 534800-208-012-0002-009-000-0000