NOT LISTED FOR SALE

1976 E River Rd Waterloo, NY 13165

Estimated Value: $107,000 - $127,000

4 Beds
2 Baths
2,142 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $56,000 $26 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $782/month

31 Days on Market

Highlights

  • Forced Air Cooling System
  • High Speed Internet
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of November 2020

Looking for real estate as your next investment? This 2 family investment property generates income and can also provide tax benefits. Great opportunity for investors or owner occupy with rental income to offset your expenses. This Duplex is situated on a 1.2 acre setting featuring two 2-bedroom units with all separate utilities (gas, electric, heat & water) with washer/dryer hook-ups. Both units currently have long term tenants. Great investment opportunity! Rents currently below market value. For appointment to view, must have 24 - 48 hour notice for showings.

Last Agent to Sell the Property

Kathy McLaughlin

Listing by Century 21 Steve Davoli RE License #30MC0538798 Listed on: 06/02/2020

Century 21 Steve Davoli RE

Last Buyer's Agent

Kimberly Russell

Listing by Keller Williams Realty Gateway License #10401335925

Keller Williams Realty Gateway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 257 x 224

Parking

  • Stone Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities, refuse removal, snow removal
  • Assessor Parcel Number 453289-034-000-0001-009-022-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $14,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Seneca Falls-453289
  • Total Assessed Value: 79000
  • Gross Annual Income: 14640
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 257
  • Lot Dimension Front: 224
  • Lot Information: Primary Road
  • Nearest Cross Street: Route 414
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 46666.67
  • Ratio Close Price By Sq Ft: 26.14
  • Ratio List Price By Acres: 49916.67
  • Ratio List Price By Sq Ft: 27.96
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal
  • Roof Description: Asphalt, Shingles
  • School Tax: 1628
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Routes 5 & 20, Cross Mound Rd/Route 414 bridge - turn left on River Road after crossing bridge.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Total Sq Ft: 2142

Exterior Features

  • Construction: Stucco
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 1.2000

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Parking Area, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Heat, Water
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 453289-034-000-0001-009-022-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3122

MLS Schools

  • School District Name: Waterloo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Wheeler Philip
Bought by
Wheeler Girls Llc
Current Estimated Value
$118,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Outstanding Balance
$53,253
Interest Rate
5.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$64,980

Purchase Details

Listed on
Jun 2, 2020
Closed on
Oct 15, 2020
Sold by
Gerstner Scott T
Bought by
Wheeler Philip
Seller's Agent
Kathy McLaughlin
Century 21 Steve Davoli RE
Buyer's Agent
Kimberly Russell
Keller Williams Realty Gateway
List Price
$67,500
Sold Price
$56,000
Premium/Discount to List
-$11,500
-17.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%
Original Mortgage
$44,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Sold by
Gerstner Scott T
Bought by
Gerstner Scott T

Purchase Details

Closed on
Nov 22, 2006

Purchase Details

Closed on
Jul 19, 1996
Sold by
Jarman Alonzo B
Bought by
Gerstner Scott T

Purchase Details

Closed on
Apr 2, 1996
Sold by
Lott Mark R
Bought by
Jarman Alonzo B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wheeler Girls Llc -- None Available
Wheeler Girls Llc -- None Available
Wheeler Girls Llc -- None Available
Wheeler Philip $56,000 None Available
Wheeler Philip $56,000 None Available
Gerstner Scott T -- --
Gerstner Scott T -- --
-- -- --
-- -- --
Gerstner Scott T $62,000 --
Gerstner Scott T $62,000 --
Jarman Alonzo B $62,000 --
Jarman Alonzo B $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Girls Llc $71,200
Closed Wheeler Girls Llc $71,200
Previous Owner Wheeler Philip $44,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $56,000 -6.5% $26 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $59,900 -11.3% $28 / Sq Ft
06/02/2020 06/02/20 For Sale $67,500 -- $32 / 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 $1,963 $75,000 $20,400 $54,600
2023 $1,964 $75,000 $20,400 $54,600
2022 $3,128 $79,000 $15,000 $64,000
2021 $3,105 $79,000 $15,000 $64,000
2020 $3,086 $79,000 $15,000 $64,000
2019 $1,494 $79,000 $15,000 $64,000
2018 $3,103 $79,000 $15,000 $64,000
2017 $3,093 $79,000 $15,000 $64,000
2016 $2,611 $79,000 $15,000 $64,000
2015 -- $76,000 $15,500 $60,500
2014 -- $76,000 $15,500 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1268608

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453289-034-000-0001-009-022-0000