NOT LISTED FOR SALE

220 N Main St Salem, NY 12865

Estimated Value: $148,489

-- Bed
5 Baths
2,884 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $89,000 $31 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,082/month

508 Days on Market

Highlights

  • Senior Community
  • 1 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Level Lot

About This Home

As of October 2016

This historic Main St. building is a income producer! Featuring 4 one-bedroom residential units & a commercial storefront, this building has been well maintained, is fully rented, and has had a very good rental history with several long term tenants. Very affordably priced...what an opportunity! Possible owner financing for well qualified buyer with sizable down payment. Very Good Condition

Last Agent to Sell the Property

Kristen Preble

Preble Realty LLC License #10491201084 Listed on: 05/25/2016

Co-Listed By

Chris Preble

Preble Realty LLC License #10491200879

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 37'x190'
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,884 Sq Ft Home
  • Partial Basement

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for parking fee, snow removal, heat
  • Legal Lot and Block 38 / 1
  • Assessor Parcel Number 534801 209.9-1-38

Community Details

Overview

  • Senior Community
  • No Home Owners Association

Building Details

  • Insurance Expense $2,004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,299

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 400.0
  • Year Built: 1900
  • Directions: Route 22 to Village of Salem, property on right side of road, approx. a tenth of a mile north of the stoplight.
  • Above Grade Finished Sq Ft: 2884.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 919.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1495.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 885.0
  • Village Taxes Description: Estimated
  • Lot Size Acres: 0.16
  • Lot Size: 37'x190'
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: @ Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Estimated
  • Income And Expenses Miscellaneous Expense: 2440.0
  • Miscellaneous Expense Description: Estimated
  • Oil Expense Description: Estimated
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Co List Office Mls Id: o2222A
  • Co List Office Phone: 518-854-7888
  • Special Features: None

Interior Features

  • Basement: Partial
  • Living Area: 2884.0
  • Owner Pays: Parking Fee, Snow Removal, Heat
  • Basement:Partial: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Detached: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes
  • Unit 5 Owner Furnish Features:Parking6: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Hot Water, Zoned, Oil
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Oil2: Yes
  • Heating:Zoned: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Salem

Lot Info

  • Lot Features: Level
  • Parcel #: 534801 209.9-1-38
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 2004.0

Tax Info

  • Tax Annual Amount: 3299.0
  • Tax Block: 1
  • Tax Lot: 38
  • Tax Tract: 209.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Oct 31, 2016
Sold by
Hufcut John
Bought by
Sans Ray
Seller's Agent
Kristen Preble
Preble Realty LLC
Buyer's Agent
non-member non member
NON MLS OFFICE
List Price
$114,900
Sold Price
$89,000
Premium/Discount to List
-$25,900
-22.54%
Current Estimated Value
$148,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,489
Avg. Annual Appreciation
5.93%
Source: Public Records

Range of Values:

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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
Sans Ray $89,000 Donald P. Mcphee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hufcut John $67,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $89,000 -10.9% $31 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
07/26/2016 07/26/16 Price Changed $99,900 -13.1% $35 / Sq Ft
05/24/2016 05/24/16 For Sale $114,900 +29.1% $40 / Sq Ft
05/21/2016 05/21/16 Off Market $89,000 -- --
05/22/2015 05/22/15 For Sale $114,900 -- $40 / Sq Ft
Source: Global 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 $3,278 $109,100 $8,500 $100,600
2023 $3,256 $109,100 $8,500 $100,600
2022 $3,119 $110,000 $9,400 $100,600
2021 $3,191 $54,900 $4,000 $50,900
2020 $3,131 $54,900 $4,000 $50,900
2019 $3,104 $54,900 $4,000 $50,900
2018 $3,104 $54,900 $4,000 $50,900
2017 $3,032 $54,900 $4,000 $50,900
2016 $3,051 $54,900 $4,000 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201510744

Global MLS

APN: 534800-209-009-0001-038-000-0000