NOT LISTED FOR SALE

2484 Lower Lake Rd Seneca Falls, NY 13148

Estimated Value: $91,717 - $270,000

3 Beds
3 Baths
1,071 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $59,900 $56 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $998/month

2 Days on Market

About This Home

As of February 2021

Great opportunity to own investment property right near beautiful Cayuga Lake. This 3 unit building has 1 current, long term tenant, both other units are currently vacant. Each unit is set up as studio apartments, one open room with a kitchenette and then a full bathroom. Each unit has its own wall mounted heater, and all 3 units currently all use the same hot water tank which is located in unit 1. Landlord currently pays all utilities. With some TLC and some updates this is an efficient way to get a 3 unit building with a beautiful lake view.

Last Agent to Sell the Property

David Ansuini

Listing by The Young Agency License #10401336040 Listed on: 11/23/2020

The Young Agency

Last Buyer's Agent

David Ansuini

Listing by The Young Agency License #10401336040 Listed on: 11/23/2020

The Young Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 111 x 48

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 49
  • Assessor Parcel Number 453289-036-000-0004-049-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,903

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Seneca Falls-453289
  • Total Assessed Value: 36400
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 111
  • Lot Dimension Front: 48
  • Lot Number: 49
  • Nearest Cross Street: State Route 89
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 599000.00
  • Ratio Close Price By Sq Ft: 55.93
  • Ratio List Price By Acres: 599000.00
  • Ratio List Price By Sq Ft: 55.93
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities
  • Roof Description: Asphalt
  • School Tax: 982
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4356
  • Age of Building: 72
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1071
  • Directions To Property: Take East Bayard Street East to flashing red light at State Route 89 intersection, continue straight on to Lower Lake Road, property will be on your right, non-lake side of the road.
  • Sq Ft Total Pub: 1071
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Slab
  • Floor Description: Laminate-Some
  • Total Sq Ft: 1071

Exterior Features

  • Construction: Concrete Block
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Wall Furnace
  • Number of Gas Meters: 1
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Seneca Falls

Lot Info

  • Parcel Number: 453289-036-000-0004-049-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1903

MLS Schools

  • School District Name: Seneca Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 23, 2021
Sold by
Moore Theodore J and Moore Joanne M
Bought by
Bell Assets Llc
Seller's Agent
David Ansuini
The Young Agency
Buyer's Agent
David Ansuini
The Young Agency
List Price
$59,900
Sold Price
$59,900
Current Estimated Value
$133,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,288
Avg. Annual Appreciation
18.29%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Moore Theodore
Bought by
Moore Theodore

Purchase Details

Closed on
Jul 5, 2007
Sold by
Moore Theodore J
Bought by
Ward Susan A
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
Bell Assets Llc $59,900 None Available
Moore Theodore -- Calvin Brainard
Ward Susan A $1,500 Joseph L Lucchesi
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $59,900 0.0% $56 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $59,900 -- $56 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,218 $120,200 $7,000 $113,200
2023 $3,218 $68,000 $7,000 $61,000
2022 $1,925 $36,400 $8,000 $28,400
2021 $1,914 $36,400 $8,000 $28,400
2020 $1,903 $36,400 $8,000 $28,400
2019 $921 $36,400 $8,000 $28,400
2018 $1,905 $36,400 $8,000 $28,400
2017 $1,996 $36,400 $8,000 $28,400
2016 $1,836 $36,400 $8,000 $28,400
2015 -- $45,000 $12,000 $33,000
2014 -- $45,000 $12,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1309152

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453289-036-000-0004-049-000-0000