NOT LISTED FOR SALE

Estimated Value: $138,000 - $154,000

4 Beds
2 Baths
2,000 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2018

Last sale price $55,000 $28 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,077 / mo

286 Days on Market

Highlights

  • Storage Room
  • Forced Air Heating System
  • Multiple Water Heaters
  • Lawrence Avenue Elementary School Rated A-
  • Combination Dining and Living Room
  • Wood Siding

About This Home

As of October 2018

This excellent investment opportunity consists of a 2-family home that is conveniently located in the Village of Potsdam. Each unit has 2 bedrooms, 1 (3/4) bath, living room, dining and kitchen. Updates since 2007 include: replacement windows throughout, 2 natural gas furnaces, appliances, countertops and owned water heaters. Current gross income: $750.00 per month per unit = $1,500 per month ~ Current annual natural gas bill: $1164.00 ~ Water/Trash/Sewer: $785.00 ~ Taxes: $3081.00 ~ Insurance: $235.00 ~ Each tenant pays own electric. Since there are also two gas meters, tenants may be responsible for their own heat as well. Both units are currently under lease until Summer 2019.

Last Agent to Sell the Property

Tracy Bernard

King Realty NNY License #10301221480 Listed on: 11/25/2017

Last Buyer's Agent

Debbie Gilson

County Seat Realty License #31GI10937107

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 41 x 66

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Crawl Space
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Multiple Water Heaters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 64.050-7-16

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: MULTIFAMILY
  • Style2: Two family
  • Condition: Older home (75+ yrs), Sold as is
  • Alternate Property Type: RESIDENTIAL
  • Construction: Wood siding
  • Energy: Two or more water heaters
  • Foundation: Crawl Space, Pier
  • Inclusions: Refrigerator, Stove-Gas
  • Year Built: 1920
  • Municipal Inspect Reqd: Y
  • Year Inspected: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1267

Interior Features

  • Estimated Sq Ft: 2000
  • Flooring: Carpet, Vinyl flooring
  • Full Bathrooms: 2
  • Number Of Stories: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: Two story

Exterior Features

  • Roof: Metal roof

Garage/Parking

  • Utilites: Electricity, Natural gas service avail

Utilities

  • Heat/Cool: Forced air heat, Gas heating
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2

Lot Info

  • Lot Dimensions: 41 x 66

Tax Info

  • Est Annual Taxes: 3081
  • Assessor Parcel Number: 64.050-7-16

Multi Family

  • Total Units: 2

MLS Schools

  • School District I D: Potsdam Central School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2017
Closed on
Oct 15, 2018
Sold by
Weller Shirley A
Bought by
Seller's Agent
Tracy Bernard
King Realty NNY
Buyer's Agent
Debbie Gilson
County Seat Realty
List Price
$79,500
Sold Price
$55,000
Premium/Discount to List
-$24,500
-30.82%
Current Estimated Value
$143,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,581
Avg. Annual Appreciation
13.00%
Original Mortgage
$44,000
Outstanding Balance
$32,798
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$110,783

Purchase Details

Closed on
Sep 18, 2007
Sold by
Mccormick Brian
Bought by
Weller Tony

Purchase Details

Closed on
Jun 25, 2007
Sold by
County Treasurer
Bought by
St Lawrence County

Purchase Details

Closed on
Sep 25, 2003
Sold by
County Of St Lawrence
Bought by
Mccormick Brian

Purchase Details

Closed on
Sep 23, 2003
Sold by
County Of St Lawrence
Bought by
Mccormick Brian

Purchase Details

Closed on
Jun 20, 2003
Sold by
Mccormick Brian
Bought by
St Lawrence County
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Potsdam, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$55,000 None Available
Weller Tony $12,000 Wheeler
St Lawrence County $7,065 --
Mccormick Brian $5,299 --
Mccormick Brian $5,299 --
St Lawrence County $4,246 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $44,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $55,000 -30.8% $28 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
11/25/2017 11/25/17 For Sale $79,500 -- $40 / Sq Ft
Source: St. Lawrence County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,466 $129,000 $7,000 $122,000
2024 $3,466 $58,000 $4,100 $53,900
2023 $3,399 $58,000 $4,100 $53,900
2022 $3,338 $58,000 $4,100 $53,900
2021 $3,293 $58,000 $4,100 $53,900
2020 $3,262 $58,000 $4,100 $53,900
2019 $3,197 $58,000 $4,100 $53,900
2018 $3,197 $58,000 $4,100 $53,900
2017 $3,119 $58,000 $4,100 $53,900
2016 $3,062 $58,000 $4,100 $53,900
2015 -- $58,000 $4,100 $53,900
2014 -- $58,000 $4,100 $53,900
Source: Public Records

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Map

Source: St. Lawrence County Board of REALTORS®

MLS Number: 39817

St. Lawrence County Board of REALTORS®

APN: 407403-064-050-0007-016-000-0000

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