NOT LISTED FOR SALE

218 Marion St Unit 20 Herkimer, NY 13350

Estimated Value: $141,000 - $174,429

6 Beds
2 Baths
2,512 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $137,000 $55 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,235/month

7 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • High Speed Internet
  • Full Attic
  • Ceiling Fan
  • Partially Fenced Property

About This Home

As of September 2022

Rare find! This well taken care of side-by-side duplex on the North side of Herkimer is close to everything while still being tucked away on a quiet street in a cute neighborhood. No wonky, choppy apartments... this home boasts fantastic layouts, great space, and beautiful interiors. Each unit has three bedrooms and a full bath upstairs, and living space plus half baths downstairs. Each unit also has a garage space and patio area in the back yard. Second unit pays extra to rent the bar/lounge in the garage (see pics, very nice!). Rents are currently very well under market (long-term tenants with no rent raises).

Last Agent to Sell the Property

John Brown

Listing by Coldwell Banker Faith Properties License #10311200206 Listed on: 06/29/2022

Coldwell Banker Faith Properties

Last Buyer's Agent

Mvar Nonmember

Listing by MVAR NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1920

Lot Details

  • 5,859 Sq Ft Lot
  • Lot Dimensions are 126 x 46
  • Partially Fenced Property

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Attic

  • Full Attic
  • Unfinished Attic

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 62
  • Assessor Parcel Number 213001-120-024-0007-062-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $17,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Herkimer-Village-213001
  • Total Assessed Value: 72900
  • Gross Annual Income: 17160
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 126
  • Lot Dimension Front: 46
  • Lot Information: Neighborhood Street
  • Lot Number: 62
  • Nearest Cross Street: Bellinger
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1018587.36
  • Ratio Close Price By Sq Ft: 54.54
  • Ratio List Price By Acres: 959107.81
  • Ratio List Price By Sq Ft: 51.35
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2035
  • Sub Board Code: Mohawk Valley
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Village: Herkimer-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 5859
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2512
  • Directions To Property: From Caroline St, turn onto Bellinger and take a left onto Marion. House is on the left.
  • Sq Ft Total Pub: 2512
  • Unit: 20
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Storage
  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2512

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard, Patio
  • Number of Acres: 0.1345

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Herkimer

Lot Info

  • Parcel Number: 213001-120-024-0007-062-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4413

MLS Schools

  • School District Name: Herkimer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 21, 2022
Sold by
Schrader Luke
Bought by
Salvagni Jonathan R
Seller's Agent
John Brown
Coldwell Banker Faith Properties
Buyer's Agent
Mvar Nonmember
MVAR NONMEMBER
List Price
$129,000
Sold Price
$137,000
Premium/Discount to List
$8,000
6.2%
Current Estimated Value
$156,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,607
Avg. Annual Appreciation
4.62%
Original Mortgage
$134,518
Outstanding Balance
$128,846
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$27,761

Purchase Details

Closed on
Dec 23, 2014
Sold by
Meyerhoff William
Bought by
Schrader Luke

Purchase Details

Closed on
Nov 16, 2012
Sold by
Halpin Family Revocable Trust
Bought by
Meyerhoff William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 9, 2005
Sold by
Halpin James
Bought by
Halpin James
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
Salvagni Jonathan R $137,000 None Available
Schrader Luke $94,635 --
Meyerhoff William -- --
Meyerhoff William $92,000 Audrey B Dunning
Halpin James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvagni Jonathan R $134,518
Previous Owner Halpin James E $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $137,000 +6.2% $55 / Sq Ft
06/29/2022 06/29/22 For Sale $129,000 -- $51 / 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 $4,650 $72,900 $14,100 $58,800
2023 $4,575 $72,900 $14,100 $58,800
2022 $4,430 $72,900 $14,100 $58,800
2021 $4,414 $72,900 $14,100 $58,800
2020 $4,435 $72,900 $14,100 $58,800
2019 $2,478 $72,900 $14,100 $58,800
2018 $4,331 $72,900 $14,100 $58,800
2017 $4,507 $72,900 $14,100 $58,800
2016 $4,342 $72,900 $14,100 $58,800
2015 -- $72,900 $14,100 $58,800
2014 -- $72,900 $14,100 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1416873

Mid New York Regional MLS

APN: 213001-120-024-0007-062-000-0000