NOT LISTED FOR SALE

206 Park Ave Herkimer, NY 13350

Estimated Value: $106,000 - $180,000

4 Beds
2 Baths
2,112 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2022

Last sale price $93,000 $44 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,035 / mo

51 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • High Speed Internet
  • Thermal Windows

About This Home

As of February 2022

Now active on the market is a great investment opportunity in Herkimer with a multi-family property that offers two 2-bedroom units! The home is already in condition to welcome a new homeowner or tenant(s) in as the result of a full renovation and additional improvements; including an updated roof and the remodeling of many rooms throughout the interior of the units! Both of the apartments offer quality and space throughout with large common areas, beautiful kitchen and dining areas, and beautiful bathrooms. The upstairs also holds a balcony while the downstairs holds a front-porch at the entrance. This recently renovated home is the perfect opportunity to acquire a property in move-in condition residing in the heart of Herkimer. This home won’t last long on the market!

Last Agent to Sell the Property

Brandon Mosher

Listing by River Hills Properties LLC Lf License #10301224028 Listed on: 10/29/2021

Last Buyer's Agent

Lori DiNardo-Emmerich

Listing by Coldwell Banker Faith Properties License #10401218651

Coldwell Banker Faith Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 72 x 36

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Storm Screens

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Car Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 120.25-1-14

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,698

Year Built

Built in 1910

Lot Details

2,570 Sq Ft Lot

Listing Details

  • NY Swis Code: Herkimer-Village-213001
  • Total Assessed Value: 50800
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 72
  • Lot Dimension Front: 36
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: N Prospect Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 44.03
  • Ratio List Price By Sq Ft: 47.30
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 1306
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Village: Herkimer-Village
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: N Prospect Street to Park Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2112

Exterior Features

  • Construction: Cedar, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Thermal Windows - Some, Wood Screens/Storms-some

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Shared

Utilities

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

Lot Info

  • Parcel Number: 120.25-1-14

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3698

MLS Schools

  • School District Name: Herkimer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 7, 2022
Sold by
Cassillo Joseph
Bought by
Malanoski Ladon A
Seller's Agent
Brandon Mosher
River Hills Properties LLC Lf
Buyer's Agent
Lori DiNardo-Emmerich
Coldwell Banker Faith Properties
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%
Current Estimated Value
$140,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,595
Avg. Annual Appreciation
10.05%
Original Mortgage
$91,315
Outstanding Balance
$84,690
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$53,977

Purchase Details

Closed on
Jul 16, 2021
Sold by
Cassillo Lois and Yarbough Kathleen
Bought by
Casillo Joseph

Purchase Details

Closed on
Mar 20, 2021
Sold by
Carswell Walter D Est
Bought by
Cassillo Lois

Purchase Details

Closed on
Mar 1, 2002
Sold by
Carswell Walter D
Bought by
Jennings Kathleen D
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
Malanoski Ladon A $93,000 None Available
Casillo Joseph -- None Available
Cassillo Lois $5,500 None Available
Jennings Kathleen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malanoski Ladon A $91,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $93,000 -6.9% $44 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $99,900 -- $47 / Sq Ft
Source: Mid New York Regional MLS

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 $3,332 $50,800 $7,200 $43,600
2023 $3,188 $50,800 $7,200 $43,600
2022 $3,087 $50,800 $7,200 $43,600
2021 $3,076 $50,800 $7,200 $43,600
2020 $6,625 $50,800 $7,200 $43,600
2019 $5,088 $50,800 $7,200 $43,600
2018 $6,923 $50,800 $7,200 $43,600
2017 $7,420 $50,800 $7,200 $43,600
2016 $6,682 $50,800 $7,200 $43,600
2015 -- $50,800 $7,200 $43,600
2014 -- $50,800 $7,200 $43,600
Source: Public Records

Agents Affiliated with this Home

  • Brandon Mosher

    Seller's Agent in 2022

    Brandon Mosher

    River Hills Properties LLC Lf

    (315) 508-5268

    74 in this area

    534 Total Sales

    Brandon Mosher
    Section Image
  • Lori DiNardo-Emmerich

    Buyer's Agent in 2022

    Lori DiNardo-Emmerich

    Coldwell Banker Faith Properties

    (315) 525-2733

    26 in this area

    687 Total Sales

    Lori DiNardo-Emmerich
    Section Image
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Map

Source: Mid New York Regional MLS

MLS Number: S1375624

Mid New York Regional MLS

APN: 213001-120-025-0001-014-000-0000

New York Herkimer County Herkimer 13350

206 Park Ave, Herkimer, NY

Not Listed for Sale

MultiFamily

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