NOT LISTED FOR SALE

207 Merchant Ave Odessa, NY 14869

Estimated Value: $136,615 - $199,000

5 Beds
3 Baths
2,626 Sq Ft
$66/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $122,500 $47 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,208/month

285 Days on Market

Highlights

  • Deck
  • Porch
  • Wood Siding
  • Wood Flooring
  • Open Patio
  • Heating System Uses Gas

About This Home

As of November 2023

3 Unit Multi Family home that is perfect for the owner occupant! 3BR is occupied with long term tenant, has washer/dryer inside unit. 2 BR Unit is occupied and has its own driveway and access, Washer Dryer. Back unit is 1 BR occupied. Schuyler County has strong rental demand! Metal Roof, Each unit has separate utilities, circuit breaker panels, propane furnaces. Hardwood floors throughout each unit. Live in the one unit and let the other 2 pay your mortgage! Rents $750(can be raised to apx. $950), $925. and $700.

Last Agent to Sell the Property

Stacey Parrish

Listing by Cabins to Castles License #10371200259 Listed on: 01/03/2023

Last Buyer's Agent

Shawna Lott

Listing by Franzese Real Estate License #10301219370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 88.13-3-25.2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,748

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1920
  • Water Body Name: None
  • Subdivision Name: NONE
  • Directions: Take State Rte 224 to Village of Odessa. Turn Right at Dandy onto Merchant Ave. Home is halfway down street on the Left.
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Master Plan Zoning: Res 1
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Free-Standing Range, Oven, Refrigerator, Washer

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: Off Street, Parking Available

Utilities

  • Heating: Gas, Electric, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Odessa-Montour

Lot Info

  • Parcel Number: 88.13-3-25.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1748.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Nov 7, 2023
Sold by
Crane John C
Bought by
Sam V Apt Rntls Llc
Seller's Agent
Stacey Parrish
Cabins to Castles
Buyer's Agent
Shawna Lott
Franzese Real Estate
List Price
$149,900
Sold Price
$122,500
Premium/Discount to List
-$27,400
-18.28%
Views
110
Current Estimated Value
$172,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,904
Avg. Annual Appreciation
21.86%
Original Mortgage
$98,000
Outstanding Balance
$96,476
Interest Rate
7.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$77,337

Purchase Details

Closed on
Jan 26, 2017
Sold by
Felix Gerald
Bought by
Gerald B & Patricia Felix Trustees

Purchase Details

Listed on
Jul 9, 2015
Closed on
Oct 17, 2015
Sold by
Shutter Margaret
Bought by
Austin Kevin and Austin A
Seller's Agent
David Louch
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Shawna Lynn Carey
Cabins to Castles
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Jul 9, 2015
Closed on
Oct 14, 2015
Sold by
Shutter Margaret
Bought by
Felix Gerald and Felix F
Seller's Agent
David Louch
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Shawna Lynn Carey
Cabins to Castles
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
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
Sam V Apt Rntls Llc $122,500 None Available
Sam V Apt Rntls Llc $122,500 None Available
Gerald B & Patricia Felix Trustees -- Michael J. Martino
Gerald B & Patricia Felix Trustees -- Michael J. Martino
Austin Kevin -- Robert Halpin
Austin Kevin -- Robert Halpin
Felix Gerald $110,000 Aimee Churchill
Felix Gerald $110,000 Aimee Churchill
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam V Aprtment Rentals $98,000
Closed Sam V Apt Rntls Llc $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $122,500 -18.3% $47 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $149,900 +36.3% $57 / Sq Ft
10/22/2015 10/22/15 Sold $110,000 -8.3% $42 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $119,900 -- $46 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

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 $3,232 $158,100 $23,100 $135,000
2023 $1,793 $54,000 $7,000 $47,000
2022 $2,148 $54,000 $7,000 $47,000
2021 $571 $54,000 $7,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: EC268661

APN: 442001 88.13-3-25.2