NOT LISTED FOR SALE

22 Fair St Oneonta, NY 13820

Estimated Value: $213,865

5 Beds
3 Baths
2,024 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $202,000 $100 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,651/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of July 2024

Nestled on a quiet street in the HEART OF ONEONTA WITHIN WALKING DISTANCE TO MAIN STREET sits this rare investment opportunity! One the outside this THREE UNIT PROPERTY features off-street parking, a fenced in back yard, and a front porch. The downstairs unit occupies the ENTIRE FIRST FLOOR featuring two bedrooms, full bath, LAUNDRY IN UNIT, living room & formal dining room with a long term tenant leased until May 2025. Upstairs THE POSSIBILITIES ARE ENDLESS featuring two apartments that have one bedroom, one bath, living room & kitchen - both will be vacant prior to closing for you to add your touch and increase rent! To top this all off - there will be a UP TO DATE COC in place prior to closing, SEPARATE ELECTRIC, SEPARATE HEAT, PUBLIC WATER/SEWER! This is A RARE FIND - don't hesitate!!!

Last Agent to Sell the Property

Lance Thomas

Listing by Benson Agency Real Estate LLC Brokerage Phone: (607) 432-4391 License #10401283718 Listed on: 05/28/2024

Co-Listed By

Philip Wright

Listing by Benson Agency Real Estate LLC Brokerage Phone: (607) 432-4391 License #10401221187

Last Buyer's Agent

Xiao Ting Lin

Listing by Oneonta Realty LLC License #10401366461

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 32x115

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 13
  • Assessor Parcel Number 361200-300-006-0004-013-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $2,880
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1900
  • Attribution Contact: (607) 432-4391
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ODRB
  • Co List Office Phone: 607-432-4391
  • Directions: From Main St turn on to Otsego Street, take a left on to Fair St and property will be on your right - see sign!
  • Flooring: Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved

Utilities

  • Heating: Electric, Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Oneonta

Lot Info

  • Parcel Number: 361200-300-006-0004-013-000-0000
  • Lot Dimensions: 32X115
  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 2880.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5059.0
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 3, 2024
Sold by
Maerz Isabel C and Maerz Paul
Bought by
Infinity 1985 Re Llc
Seller's Agent
Lance Thomas
Benson Agency Real Estate LLC
Buyer's Agent
Xiao Ting Lin
Oneonta Realty LLC
List Price
$209,900
Sold Price
$202,000
Premium/Discount to List
-$7,900
-3.76%
Views
1
Current Estimated Value
$213,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,865
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Nov 19, 2019
Sold by
Maerz Isabel
Bought by
Maerz Isabel C and Maerz Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,700
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
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
Infinity 1985 Re Llc $202,000 None Available
Maerz Isabel C -- --
Maerz Isabel C -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maerz Isabel C $105,700
Previous Owner Maerz Isabel C $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $202,000 -3.8% $100 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $209,900 -- $104 / Sq Ft
Source: Otsego-Delaware Board 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 $5,856 $141,000 $9,600 $131,400
2023 $5,059 $141,000 $9,600 $131,400
2022 $4,861 $141,000 $9,600 $131,400
2021 $4,842 $141,000 $9,600 $131,400
2020 $8,766 $141,000 $9,600 $131,400
2019 $7,688 $141,000 $9,600 $131,400
2018 $7,688 $141,000 $9,600 $131,400
2017 $4,651 $141,000 $9,600 $131,400
2016 $4,854 $141,000 $9,600 $131,400
2015 -- $90,000 $4,000 $86,000
2014 -- $90,000 $4,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1540003

Otsego-Delaware Board of REALTORS®

APN: 361200-300-006-0004-013-000-0000