NOT LISTED FOR SALE

231 S Main St Herkimer, NY 13350

Estimated Value: $146,000 - $164,000

6 Beds
3 Baths
2,846 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $145,000 $51 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,118/month

34 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of August 2024

Remarks: Welcome to this nice 3 unit investment property! There is currently a 3 bedroom, 2 bedroom and 1 bedroom apartment in this building with long term tenants placed currently but on month to month leases. No yard to maintain with a spacious parking lot for all! All buyers must be prequalified. Dont miss out on this opportunity to add this to your investment portfolio! Seller reserves the right to set a deadline for offers. Current tenants are paying over $2000/ month.

Last Agent to Sell the Property

Thalia Crane

Listing by Real Broker NY LLC License #10401348519 Listed on: 04/20/2024

Last Buyer's Agent

Thalia Crane

Listing by Real Broker NY LLC License #10401348519 Listed on: 04/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1880

Lot Details

  • 8,200 Sq Ft Lot
  • Lot Dimensions are 50x164

Parking

  • Parking Available

Home Design

  • Triplex
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2,846 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, heat, water
  • Tax Lot 46
  • Assessor Parcel Number 213001-120-025-0004-046-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat, Water
  • Year Built: 1880
  • Lot Features: Near Public Transit
  • Directions: Turn Left going from West State St to S main St
  • Architectural Style: Triplex
  • Flooring: Hardwood, Tile, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1882
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding

Garage/Parking

  • Parking Features: Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water, Radiant
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Herkimer

Lot Info

  • Parcel Number: 213001-120-025-0004-046-000-0000
  • Lot Dimensions: 50X164
  • Lot Size Sq Ft: 8200.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Aug 5, 2024
Sold by
Hartmann Steven C
Bought by
Mohawk Vly Hldgs Llc
Seller's Agent
Thalia Crane
Real Broker NY LLC
Buyer's Agent
Thalia Crane
Real Broker NY LLC
List Price
$170,000
Sold Price
$145,000
Premium/Discount to List
-$25,000
-14.71%
Views
39
Current Estimated Value
$157,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,358
Avg. Annual Appreciation
5.97%
Original Mortgage
$116,000
Outstanding Balance
$114,447
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$42,911

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 12, 2022
Sold by
Saunders Bradley S and Saunders Nancy D
Bought by
Hartmann Steven C
Seller's Agent
Delbert Ball
Keller-Williams Mohawk Valley
Buyer's Agent
Delbert Ball
Keller-Williams Mohawk Valley
List Price
$139,000
Sold Price
$129,850
Premium/Discount to List
-$9,150
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$127,497
Interest Rate
4.49%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2017
Sold by
Casler Ronald J and Casler Cheryl A
Bought by
Macrina Nicholas J

Purchase Details

Closed on
Apr 7, 2017
Sold by
Vivacqua Charles A
Bought by
Saunders Bradley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Mohawk Vly Hldgs Llc $145,000 None Available
Mohawk Vly Hldgs Llc $145,000 None Available
Mohawk Vly Hldgs Llc $145,000 None Available
Hartmann Steven C $129,850 None Available
Hartmann Steven C $129,850 None Available
Macrina Nicholas J $118,720 --
Macrina Nicholas J $118,720 --
Macrina Nicholas J $118,720 --
Saunders Bradley S $77,000 --
Saunders Bradley S $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohawk Vly Hldgs Llc $116,000
Closed Mohawk Vly Hldgs Llc $116,000
Previous Owner Hartmann Steven C $127,497
Previous Owner Saunders Bradley S $57,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $145,000 -6.5% $51 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $155,000 -6.0% $54 / Sq Ft
05/02/2024 05/02/24 Price Changed $164,900 -3.0% $58 / Sq Ft
04/20/2024 04/20/24 For Sale $170,000 +30.9% $60 / Sq Ft
05/13/2022 05/13/22 Sold $129,850 -6.6% $46 / Sq Ft View Prior Sale
04/10/2022 04/10/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $139,000 -- $49 / Sq Ft
Source: Central New York Information Services

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 $3,542 $54,000 $10,900 $43,100
2023 $3,389 $54,000 $10,900 $43,100
2022 $3,282 $54,000 $10,900 $43,100
2021 $3,269 $54,000 $10,900 $43,100
2020 $3,286 $54,000 $10,900 $43,100
2019 $1,836 $54,000 $10,900 $43,100
2018 $3,208 $54,000 $10,900 $43,100
2017 $3,146 $54,000 $10,900 $43,100
2016 $3,109 $54,000 $10,900 $43,100
2015 -- $54,000 $10,900 $43,100
2014 -- $60,800 $10,900 $49,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1532964

Central New York Information Services

APN: 213001-120-025-0004-046-000-0000