NOT LISTED FOR SALE

Estimated Value: $196,000 - $224,000

6 Beds
2 Baths
2,792 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $174,000 $62 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,318/month

3 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Partially Fenced Property
  • Finished Attic
  • High Speed Internet

About This Home

As of September 2021

Sick of renting and want to be your own landlord with help for the mortgage? Or looking for an investment property with positive rental income? This home is for you!!

This multi-family home is extremely well maintained with vinyl siding and windows. Each apartment has all separate utilities, three bedrooms and updated bathrooms. Each apartment also has an open front porch and an enclosed back porch. There are hardwoods throughout and a finished attic for the potential of an in-law suite. Schedule your showing today!

Last Agent to Sell the Property

Lori DiNardo-Emmerich

Listing by Coldwell Banker Faith Properties License #10401218651 Listed on: 06/18/2021

Coldwell Banker Faith Properties

Last Buyer's Agent

Scott Carman

Listing by Weichert Realtors Premier Properties License #10401347657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1920

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 130 x 40
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,792 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Rent includes hot water, lawn maintenance
  • Tax Lot 25
  • Assessor Parcel Number 301600-329-008-0007-025-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,883

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Utica-City-301600
  • Total Assessed Value: 57960
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 25
  • Nearest Cross Street: Parallel to Genesee Stree
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1457286.43
  • Ratio Close Price By Sq Ft: 62.32
  • Ratio List Price By Acres: 1415410.39
  • Ratio List Price By Sq Ft: 60.53
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water, Lawn Maintenance
  • Roof Description: Asphalt, Shingles
  • School Tax: 1540
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5200
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2792
  • Directions To Property: Sunset Ave runs parallel to Genesee Street
  • Sq Ft Total Pub: 2792
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Electrical Fuses - some
  • Attic Description: Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 2792

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1194

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

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

Schools

  • School District: Utica

Lot Info

  • Parcel Number: 301600-329-008-0007-025-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3883

MLS Schools

  • School District Name: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 10, 2021
Sold by
Lanahan Erik A
Bought by
Riccobono Michael
Seller's Agent
Lori DiNardo-Emmerich
Coldwell Banker Faith Properties
Buyer's Agent
Scott Carman
Weichert Realtors Premier Properties
List Price
$169,000
Sold Price
$174,000
Premium/Discount to List
$5,000
2.96%
Current Estimated Value
$206,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,573
Avg. Annual Appreciation
4.42%
Original Mortgage
$139,200
Outstanding Balance
$127,031
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,542

Purchase Details

Closed on
Oct 5, 2007
Sold by
St Peter Stephen C
Bought by
Lanahan Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,267
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2002
Sold by
Mosca Robert
Bought by
St Peter Stephen & Rosetta
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
Riccobono Michael $174,000 None Available
Lanahan Erik A $106,100 David B Vickers
St Peter Stephen & Rosetta $67,500 Merrit S Locke
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riccobono Michael $35,000
Open Riccobono Michael $139,200
Previous Owner Lanahan Erik A $107,437
Previous Owner Lanahan Erik A $105,267
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $174,000 +3.0% $62 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $169,000 -- $61 / Sq Ft
Source: Mid New York Regional 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 $2,344 $57,960 $10,400 $47,560
2023 $1,555 $57,960 $10,400 $47,560
2022 $2,351 $57,960 $10,400 $47,560
2021 $2,338 $57,960 $10,400 $47,560
2020 $2,293 $57,960 $10,400 $47,560
2019 $697 $57,960 $10,400 $47,560
2018 $2,300 $57,960 $10,400 $47,560
2017 $2,249 $57,960 $10,400 $47,560
2016 $3,263 $57,960 $10,400 $47,560
2015 -- $57,960 $10,400 $47,560
2014 -- $57,960 $10,400 $47,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1345648

Mid New York Regional MLS

APN: 329-008-0007-025-000-0000